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Coronavirus Cases Soar To 34 After 3 More Cases; Other Top Stories

On Saturday, the number of confirmed cases due to novel coronavirus in India soared to 34. State Bank of India (SBI) is willing to invest up to Rs 10,000 crore to 'reconstruct' Yes Bank, including an immediate infusion of Rs 2,450 crore.

  • Hindustan Times: India on Saturday reported three more positive cases of the coronavirus, taking the total number to 34, even as Prime Minister Narendra Modi held a review meeting to discuss measures to contain the outbreak. State Bank of India (SBI) on Saturday set a cap of Rs 10,000 crore on investment in beleaguered YES Bank Limited, including an immediate infusion of Rs 2,450 crore, and reassured depositors in the latter that their money was "absolutely" safe, the Hindustan Times reports.
  • Deccan Herald: With close to 4.2 lakh children engaged in child labour (2011 census), Karnataka ranks eighth in the list of states with a high number of child labourers in the country, Deccan Herald reports. Maharashtra Health Minister Rajesh Tope on Saturday indicated that this year's Indian Premier League (IPL) T20 Cricket tournament could be postponed amid coronavirus fear.
  • The Telegraph: The government on Saturday withdrew its order barring two Malayalam channels from telecasting for 48 hours, with I&B minister Prakash Javadekar seeking to insulate the political leadership from the gag order that would have been contested legally, The Telegraph reports. finance minister P. Chidambaram on Saturday asked the government to tell the nation what had gone wrong with Yes Bank. " "How did the loans jump from Rs 55,633 crore in 2014 to Rs 241,499 crore in 2019?" P Chidambaram said.
  • The Times Of India: State Bank of India chairman Rajnish Kumar said on Saturday that he saw Rs 10,000 crore as the outer limit for the bank's investment in the troubled Yes Bank, The Times Of India reports. Foreign minister S Jaishankar on Saturday strongly rebutted United Nations high commissioner for human rights Michelle Bachelet's criticism of India's decisions on Jammu and Kashmir and the Citizenship (Amendment) Act, saying the body has been wrong before and is surprisingly blind to the role of cross-border terrorism.
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