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Tuesday, April 21, 2020

Oil was not well today

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THE ECONOMIC TIMESDaily Newsletter
Tue, Apr 21, 2020 | 05:46 PM IST
#Coronavirus#EconomyTracker#Whatsbuzzing
Top stories of the day
No five-year ban on Deloitte, KPMG in big IL&FS breather No five-year ban on Deloitte, KPMG in big IL&FS breather
The Bombay High Court said that the Ministry of Corporate Affairs (MCA) can't take action against the two....
Oil price crash sends Sensex 1,011 pts lower
Food scarcity alert: It's all boiling down to bread, again
Rush to ease virus rules could cause resurgence: WHO
5 ministers take oath in 1st expansion in MP
Debt relief for poor countries not as simple as it sounds
Health cover for staff mandatory post lockdown
After US oil futures crash, what next?
Debate This
Now debating: Is it time to put a Covid tax on India's super-rich?
A similar proposal based on a "Covid bond" is already doing the rounds in pandemic-ravaged Europe. One account estimates that a 4% tax on roughly the 1,000 richest families would fetch Modi a war chest larger than 1% of India's GDP — more than what the rescue package has made provisions for.

Top Gainers

NSE
1 company (largecap) appreciated more than 5%
Aurobindo Pharm 19.12%
More from Gainers

Top Losers

NSE
44 companies (largecap) price decreased more than -5%
Motherson Sumi -15.05%
Shriram Tran Fin -14.08%
More from Losers
More From our Partners
This one change can boost up your business
Lockdown begins to hurt India's back offices Lockdown begins to hurt India's back offices
Having staff work from home is difficult because of rules on handling of sensitive material....
A top business leader sees recovery unlikely by Q2
View: The rise & hard fall of SoftBank
Zoom's security woes were no secret to the partners
Grofers puts offline sales employees on furlough
Why you need to start pruning discretionary spends
SC dismisses plea seeking free test, treatment for Covid
Deficit funding to rate cuts are options to fight virus
IT firms may do well despite the crisis: ET-ILC
ICMR withdraws defective COVID-19 test kits from WB
India's Covid worry: People with 0 symptoms
TaMo extends CV warranty expiring during lockdown
Trump is shutting down all immigration to US
Will continue legal fight against extradition: Mallya
More From our Partners
How Tier 2 and Tier 3 cities are set to drive major business in next 5 years?

FinTech Companies can achieve customer satisfaction and loyalty, by focusing on technologies such as blockchain.

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Monday, April 20, 2020

Conserving cash to dealing with debt: 6 ways you can fight the covid money crisis

THE ECONOMIC TIMES
Tue, Apr 21, 2020 | 08:32 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
Conserving cash to dealing with debt: 6 ways you can fight the covid money crisis
Liquidating assets to pay off debts is recommended only if you find it difficult to pay EMIs.
Covid stress test: How easily can you liquidate your financial assets should the need arise?
Stores of value are worthwhile only if they can step up and be useful when we need them. Not if they also lose value, freeze up, or get locked when you must access them. In other words, you should be able to liquidate your assets without difficulty should the need arise.
Coronavirus lockdown: 10 ways to make money online
We all have been forced to take the digital way of life these days, whether we like it or not. Now with the nationwide coronavirus lockdown and the obvious domination of the Internet, many of us are working from home. But if you currently have no or little work, you can too take to the Net to earn money or supplement already existing income. In this video, we list out various ways to earn money online.
Claim over Rs 2.5 lakh tax deduction? Don't opt for new income tax regime
If you wish to opt for the new tax regime, you will have to inform your employer through the declaration form. The employer will start deducting tax at source (TDS) accordingly for each month. Find out which tax option suits you.
From our Partners
The bank that helps you build your career
The organisation that lets you take journey from a Humble Start to the C Suite.
From our Partners
Must Read - Incredible opportunities offered by J.P. Morgan to its employees
How the old tax regime serves the double benefit of tax-saving and financial well-being
It is universally accepted that tax breaks on investments nudge people to save more. The new tax regime has taken away the incentive to save. The deductions ensure financial wellbeing of taxpayers. Do you know the role they plan in your financial plan?
Stock market slump: Should DIY investors switch from regular mutual funds to direct plans?
The sharp drop in stock prices has indirectly made direct plans cheaper. Shifting to direct plans of equity mutual funds can yield sizeable gains but investors must exercise caution in fund selection and monitoring. This decision should not be taken in haste.
Top Mutual Funds
SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%)
Axis Bluechip Fund Direct Plan-Growth
★★★★★
9.77 -4.23 -13.53 2.87
Invest Now
Axis Bluechip Fund-Growth
★★★★★
8.32 -5.35 -14.01 2.74
Invest Now
Canara Robeco Bluechip Equity Fund Direct-Growth
★★★★★
6.26 -5.53 -10.56 6.05
Invest Now
Canara Robeco Bluechip Equity Fund Regular-Growth
★★★★★
5.04 -6.67 -11.05 6.04
Invest Now
JM Large Cap Fund Direct Plan-Growth
★★★★★
3.07 -6.27 -7.22 2.20
FeaturedAxis Long Term Equity Direct Plan-Growth
★★★★★
6.17 -7.34 -14.95 2.70
Start SIP
Coronavirus & your money: Saving is crucial, so are these 5 expenses
The looming uncertainty caused by coronavirus without a doubt requires cutting down on expenses. You need to start exercising monetary prudence and caution. However, don't try to cut corners in these five expenses even at such a time.
Coronavirus may have changed a lot but not this investment mantra
Under all circumstances, pandemic or no pandemic, it's better for investors to focus on what they can control. Ensure that you have an asset allocation plan in which money that you might need for the next 3-4 years is in less volatile types of mutual funds.
FEATURED SLIDESHOWS
5 things to keep in mind about the new income tax regime
5 things to keep in mind about the new income tax regime
5 ways to spring clean finances if you have free time during the lockdown
5 ways to spring clean finances if you have free time during the lockdown
What virtual credit cards are and how they work
What virtual credit cards are and how they work
EMI moratorium: What to keep in mind before you opt for this relief
EMI moratorium: What to keep in mind before you opt for this relief
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.
Ulip investors get new settlement option. Reasons why you shouldn't rush to opt for it

To address the concerns of Ulip holders, Irdai has introduced a new settlement option that allows investors to receive maturity proceeds in instalments. Weigh factors like liquidity, cost structure, market risks and alternatives available before you opt for it.

Family floater or individual insurance: Things to consider while choosing a health cover

An individual looking to buy health insurance cover has to make two decisions. The first is whether the entire family needs insurance and the second is about the type of health policy to buy.

Being the world's best in what you do is the path to wealth. Here's how talent stacking can help

Skill stacking is the most efficient way to multiply your earning ability. Not everyone has the time, ability and resources to single-mindedly pursue one skill to perfection. However, there is a faster way.

Five ways to invest in gold

An investor can invest in gold in different ways such as by buying jewellery, gold coins or bars. Here are five ways to invest in gold.

Coronavirus lockdown: 5 steps to protect your privacy online

Due to lockdown in the country, we are more dependent on the Internet, which also means that we are more susceptible to tracking by websites and apps for our data. Here are 5 simple steps you can take to protect your personal information.

Use Excel's binomial distribution to assess chance of success of your investments

Applying this to financial markets helps investors to determine their chances of success in a fixed number of attempts (or trials). Another application of binomial distribution is to find out the probability of a company reporting positive growth in the EPS.

How to open 3-in-1 account to invest in shares

To invest in equity shares, an investor needs a demat account, trading account and bank account. Banks usually offer a 3 in 1 account. Here's how you can open one.

How Sensex, 10-year govt bond, rupee vs US dollar performed in week ending April 16, 2020

Here is a weekly returns tracker to keep you updated on the Sensex, 10-year bond yields, forex movements and CPI.

Impact of the coronavirus pandemic on the world economy and how India is placed

As the world is undergoing the impact of Coronavirus, the IMF has revised its global GDP growth estimate. ET Wealth studies how India is placed in this scenario.

Realty hot spot series: This Chennai locality is well-connected by road, close to job hubs

Phase 2 of the proposed metro demand is further expected to boost residential demand around the area.

MF portfolio doctor: Rajpal should either hike monthly mutual fund SIP amount or scale down goals

The advice given by the mutual fund portfolio doctor is based on the performance of the mutual fund schemes, the risk profile of the investor as well as his financial goals.

Family finance: Salaried Pendse has enough time to reach financial goals

His goals include building an emergency corpus, saving for his spouse's business, child's education and wedding, taking a vacation, and retirement.

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Avales Covid-19

Avales Covid-19
 

Avales Covid-19

Aunque las Líneas ICO son las que acaparan titulares, existen más opciones de avalespara empresas que necesitan liquidez por la crisis del coronavirus.

Se trata de los avales de las Sociedades de Garantía Recíproca (SGR) de cada comunidad autónoma. Estas líneas funcionan de forma similar a los avales del ICO aunque cada una tiene sus criterios de concesión, su forma de trabajar y sus exigencias.

¿Para qué?

Atender las necesidades de financiación de empresas y autónomos para:

- Pago de salarios.

- Facturas.

- Necesidades de circulante.

¿Importe máximo?

Aunque cada SGR tiene sus propios criterios, la mayoría distinguen entre operaciones de volumen reducido (hasta 50.000 euros, por ejemplo) y operaciones de mayor volumen (en algunos casos, el límite para estas está en 1M€).

¿Tipo de operaciones?

Préstamos, principalmente.

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,

Cristina