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Tuesday, March 31, 2020

Virus makes it an unhappy ending for FY20

CORONAVIRUS UPDATES

31 Mar, 2020 | 05:52 PM IST


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Virus makes it an unhappy ending for FY20

In the latest govt statement on Covid-19 cases in India, the Health ministry today said 227 cases were reported in the country over the last 24 hours.

Meanwhile, 12:00 tonight remains the hour when the last day of FY19-20 comes to an end, following the govt's clarification that it would not extend the financial year despite all this economic uncertainty.

Track the biggest developments from today...




THE COUNT SO FAR
    1 new case in Chhattisgarh; total rises to 8
    2nd Mohalla Clinic doctor tests positive in Delhi
    8 more test positive in Jaipur
    5 new cases in Maharashtra; total reaches 225
    24 people present at Markaz building, Nizamuddin test positive
    17 new cases in Indore; Madhya Pradesh tally jumps to 66
    6 new positive cases in Kashmir Division
    17 new cases in Andhra Pradesh, total count reaches 40
    2 new positive cases in Gujarat, total reaches 73
    10 more evacuees from Iran test positive; 93 cases in Rajasthan now
    65-year-old patient dies in Punjab; Toll in state rises to 4
    3rd death reported in West Bengal
    5th patient dies in MP
    2nd casualty reported in Kerala
World India Global Death Toll
801,117
1,251 38,540
HEALTH CHECK
    Andhra govt to take over private hospitals
    IIT Guwahati students develop drone to sanitise large areas
    AP Govt appoints Dr K Srinath Reddy as Advisor to the government on public health
    Many hotels and resorts now serving as isolation wards
    MEA has identified suppliers of medical equipment from South Korea, Vietnam & Turkey
    Modified rail coaches to provide 3.2 lakh isolation beds
    India is conducting tests at 36% of the country's capacity
    123 labs functional, with 49 private labs conducting tests so far
    Over 21,000 relief camps operational in various states, UTs

LIFE UNDER LOCKDOWN
    Maharashtra govt imposes salary cut for elected representatives
    Vodafone Idea offers prepaid validity extension
    Himachal develops an app to track people under home quarantine
    Due date for receipt of applications to be postponed to Apr 30 in Punjab
    Road transport ministry extends validity of all vehicle papers till June 30
    Those in home quarantine in Karnataka directed to send selfies every hour to govt
    Kerala govt to issue special passes for tipplers to get liquor
    Food distribution centres to increase from 500 to 2500 in Delhi
    UP assembly secretariat to remain closed till Apr 14
    Flying squads to conduct door-to-door survey in Mumbai

BUSINESS AND ECONOMY
    Sensex closes 1,028 points up; Nifty near 8,600
    SpiceJet to cut 10-30% salary of all employees in March; chairman to take 30% less pay
    Govt extends BPCL bid deadline to June 13
    PSU banks announce loan EMI moratorium for customers

WORLD VIEW
    U.S. coronavirus death toll rises past 3,000 on deadliest day
    Human testing for Johnson & Johnson coronavirus vaccine this fall
    G20 finance ministers to hold virtual talks on coronavirus crisis
    World Bank sees outbreak taking a big toll on Asia's economy
    Number of confirmed coronavirus cases in Germany rises to 61,913


Monday, March 30, 2020

RBI rate cut: Best debt mutual funds across categories. Find out which one suits you

THE ECONOMIC TIMES
Tue, Mar 31, 2020 | 08:13 AM IST

ET Wealth Newsletter

WHAT'S HOT #RERA,#sukanya samriddhi yojana calculator,#alternative investment returns monitor,#realty hot spot series,#stock pick of the week,#mf portfolio doctor,#family finance
RBI rate cut: Best debt mutual funds across categories. Find out which one suits you
There are a variety of debt mutual fund options, each suited for the needs of different investors. You can use debt funds to save for your child's annual education expenses. Or save up enough to pay the down payment of your house next year.
Debt mutual funds can be risky. Here's how to safeguard yourself
Due to the slowdown in various sectors, debt funds are struggling with issuers who fail to fulfill their obligations. Many fund houses were forced to mark down the value of stressed assets, which hit NAVs badly.
These banks have cut interest rates on loans
For instance, Bank of Baroda announced that it has reduced its repo-linked lending rate (BRLLR) by 75 bps with effect from March 28, 2020.
Coronavirus online scams: How to protect your data and device
Riding on the rise in online search about Coronavirus, e-mails and websites are being used to steal your data. The theft of information takes place either through malware dropped on to the device or ransomware circulated as part of a mobile app.
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Must Read - Incredible opportunities offered by J.P. Morgan to its employees
Use this stock market crash to build a portfolio of quality stocks. Here's how
Previous market crashes have shown that stocks that lead the uptick before the peak are usually the ones that correct the most. In the 2000 rout, tech stocks took a beating while many industrials suffered in 2008.
To benefit from stock market turmoil, NPS investors should increase equity allocation
Since NPS is a long-term retirement product, maintaining the asset allocation is the best strategy. However, it makes sense to add more equity (or going overweight on equities) in times like this.
Top Mutual Funds
SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%)
Axis Bluechip Fund Direct Plan-Growth
★★★★★
8.10 -9.12 -17.94 -19.77
Invest Now
Axis Bluechip Fund-Growth
★★★★★
6.66 -10.20 -18.39 -19.85
Invest Now
Canara Robeco Bluechip Equity Fund Direct-Growth
★★★★★
2.90 -14.82 -18.17 -22.32
Invest Now
Canara Robeco Bluechip Equity Fund Regular-Growth
★★★★★
1.71 -15.89 -18.69 -22.43
Invest Now
Motilal Oswal Focused 25 Fund Direct-Growth
★★★★★
0.16 -15.36 -21.56 -23.45
Invest Now
FeaturedL&T India Large Cap Fund Direct-Growth
★★★★★
-2.68 -23.82 -25.89 -25.67
Start SIP
Are your balanced advantage mutual funds living up to their promise?
The market carnage over the past month has clearly tested individual models guiding each balanced advantage fund. These funds shift allocation between equity and debt in response to specific indicators given by their in-house algorithms.
Coronavirus lockdown: What's the future of your company? Use this time to up career skills
The ongoing all-India lockdown could be lifted after 21 days or get extended. If the latter happens, the economy will get worse and firms may have to shut shop. Here's how you can achieve career growth even in a lockdown, as you preprare for things to swing either way.
FEATURED SLIDESHOWS
Coronavirus and career: How to recession-proof your worklife
Coronavirus and career: How to recession-proof your worklife
Budget-friendly laptops to step up your work from home game
Budget-friendly laptops to step up your work from home game
​5 changes to card transactions from March 16
​5 changes to card transactions from March 16
How to ace your annual appraisal in eight steps
How to ace your annual appraisal in eight steps
More Slideshows

Financial Calculators

Old or new tax slab regime? Use this calculator to find out
Old or new tax slab regime? Use this calculator to find out
This tax calculator will help you estimate your tax liability. Just input your personal income details and know how much you would be liable to pay.
New LTCG tax calculator: Plan, compute your tax
New LTCG tax calculator: Plan, compute your tax
Use this tool to calculate long-term capital gains (LTCG) and the corresponding LTCG tax for listed shares and units of equity-oriented mutual funds.
Coronavirus health insurance policies: 5 things to keep in mind

Coronavirus-specific insurance policies are being launched by insurers. Here are important points to know about the coverage and conditions.

Coronavirus impact: Don't panic buy, instead focus on identifying the better stock bets

Do not panic buy, since we are deep into a blind knee-jerk territory right now. This inevitably will again turn into a selling panic as something else happens tomorrow morning and back again in a couple of days.

Coronavirus and stock market: How to make the market crash work for you

Is market entering the bear phase good news for investors? Market experts certainly think so.

Arbitrage mutual funds: Equity funds that work like debt funds

Arbitrage funds generate returns close to the returns generated by short term debt funds. These schemes offer investors the best of both worlds: the safety of principal and the tax advantage available to equity funds.

Coronavirus lockdown: 3 ways households can lend a financial helping hand to the underprivileged

Without a community that respects the services of workers, and chips in to support by way of demand where possible, subsidy where needed, lending where feasible, and charity without loss of self-respect, how would we protect the vulnerable?

Money and relationships: During coronavirus, here's how to help others without hurting your finances

Many people are in distress due to the impact of coronavirus, financial or otherwise. Such situations are entirely beyond one's control. Here's how you can help family or friends who ask for assistance during the current crisis without hurting your own finances.

Coronavirus crisis: Not sure if you should continue with equity investments? Read this

The long-term returns from equity investments tend to beat inflation. The ability of equity to earn a higher return comes from the businesses being able to use borrowed funds, invest them in assets and earn a return that is higher.

All you need to know about investing in direct plans of mutual funds

Mutual fund investments come with two plan options- regular and direct. NAV of direct plan is higher than regular plan because they save on commission. While these two are separate plans, the portfolio of the scheme remains the same.

How Sensex, gold, 10-year G-sec performed during week ending March 26, 2020

Here is a weekly tracker to keep you updated on how Sensex, gold prices, 10-year government bond yield and consumer inflation performed.

MF portfolio doctor: Mishra needs to invest more, defer retirement to meet goals

The mutual fund portfolio doctor gives advice based on the performance of the funds, the risk profile of the investor as well as his financial goals. Find out what his analysis of these two investors' portfolios was.

Realty hot spot series: Infrastructure is the main draw of this Mumbai suburb

Andheri(East) and Jogeshwari(East) is an established micro-market in Mumbai. It is located near key employment hubs. Popular malls and social spots including Phoenix Marketcity, Infiniti Mall and Inorbit Mall are situated in close proximity too.

Estate planning: What are the coparcenary rights of a daughter in a joint family business?

The Hindu Succession Act 2005 gives the daughter the same rights in a coparcenary property as the son. By birth she becomes the coparcener in her own right in the same manner as the son.

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Avales del Estado para Pymes

Avales del estado
 

Hola,

Espero que tú y los tuyos estéis bien de salud y ánimo en estos momentos tan difíciles.

Estamos en una situación especialmente compleja para la mayoría de empresas y sin tomar las medidas oportunas cabe de posibilidad de que muchas no sobrevivan a la crisis económica derivada de esta crisis sanitaria.

Para ayudar a estas empresas el gobierno central está poniendo en marcha medidas de inyección de liquidez que estarán disponibles desde esta semana:

- Hasta 20.000 millones de euros para renovaciones y nuevos préstamos.

- 80% avalado por el Estado.

- Plazo hasta 5 años.

Si te interesa, podemos ayudarte a gestionar la liquidez que necesitas para sobrevivir a esta crisis.

Haz clic aquí para que te llamemos.

Un saludo,

Tania

After 115 Years This Deity of Lord Narasimha in Puri Jagannatha Temple Came Out

After 115 Years This Deity of Lord Narasimha in Puri Jagannatha Temple Came Out
 

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After 115 Years This Deity of Lord Narasimha in Puri Jagannatha Temple Came Out

This is a special deity of Lord Narasimha at Puri Jagannatha temple who was brought out yesterday for puja to protect against the corona virus. The last time this deity was taken on procession was in 1905 during a great epidemic.
 

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