Lockdown, Day 70: India faces a paradigm shift

CORONAVIRUS UPDATES 2 Jun, 2020 | 05:28 PM IST SENSEX 33,826 +522.01 NIFTY 50 9,979 +152.95 Gold 47,025 -58.00 USD/INR 75.36 -0.19

Lockdown, Day 70: India faces a paradigm shift India's May gold imports fell by 99 per cent from a year ago amid a nationwide lockdown. This, when India is the second largest consumer of the precious metal. In some good news, CMIE data showed that improved labour market conditions have added 21 million jobs last month. A study by Elara Securities Inc. has put 5 Indian states in good light as they seem to have outgrown the pandemic slump. Kerala, Punjab, Tamil Nadu, Haryana and Karnataka are contributing nearly 27 per cent to the country's GDP. Track this space for latest updates... COUNT SO FAR 12 people test positive in Mizoram 102 new cases in Tripura, total rises to 423 Odisha reports 141 new cases, tally at 2,245 Rajasthan reports 171 new cases; tally 9,271 Andhra tally reaches 3,791 with 115 more cases Manipur case count stands at 85 Jharkhand logs 675 cases Maharashtra's Aurangabad records 55 new cases; tally at 1,642 Uttarakhand reports 41 new cases; total hits 999 Assam tally reaches 1513, toll at 4 Mumbai's Dharavi logs 1830 cases, toll 71 World India Tally Toll Tally Toll 6,365,473 377,404 198,706 5,598 LIFE UNDER LOCKDOWN Trading hours for agri-commodities revised to 9 am-9 pm 'Delhi Corona' app launched, to give info about bed availability IITs chalk out plan for graduating students Lockdown led to 30% surge in resumes from job seekers Chhattisgarh to hold final year varsity exams after lockdown ends Telecom industry wary of rushing staff back to office Delhi's famous markets Sarojini, Lajpat Nagar start opening BUSINESS AND ECONOMY Sensex takes winning run to 5th day, up 522 points Bajaj Auto total sales plunge 70 percent in May India will definitely get its growth back: PM Modi Tata Motors resumes operations across all manufacturing plants Govt starts inviting application for Rs 50,000 cr electronic incentive schemes Carmakers offer teaser loans as RBI softens stance JSW Steel's crude steel output falls over 14 pc in May India unlikely to slip to junk status: BofA 82% Indians bear financial brunt of coronavirus pandemic: Survey AROUND THE WORLD Global LNG demand faces first contraction in 8 years: Wood Mackenzie US CBO projects virus could trim GDP by $15.7 trillion French economy to contract by 11% in 2020: FM ISO sees global sugar deficit of 9.3 mn tonnes in 2019/20 Indonesia's April foreign tourist arrivals plunge 87.4% y/y China reports 15 new cases, total at 83,022 US records 743 new deaths, toll hits 105,099 UK death toll hits 49,646 Russia case tally rises to more than 423,000 Germany's confirmed cases rise by 213 to 182,028 DEBATE THIS Is India guilty of taking rating agencies too seriously? Tell us here

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How investors can survive the coming recession

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THE ECONOMIC TIMES Tue, Jun 02, 2020 | 07:42 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

How investors can survive the coming recession Unlike previous recessions—India has seen four since Independence—agriculture is expected to report normal growth this time. All the signals suggest the economy is contracting in a big way. Find out how you should navigate the imminent turbulence. Fresh answers to cliched investment questions There are questions that a lot of investors ask without thinking, but the answers are still worth a lot of careful thought. Podcast: Post lockdown, will young people change the way they save and spend? The coronavirus has turned the life of many of us millennials, a generation that spends more and saves less, topsy-turvy. Will their attitude towards money change now? Host: Tania Jaleel; Producer: Paramveer Singh Reasons why you should consider investing in the new Bharat Bond ETF series The Bharat Bond ETF is a passively managed instrument with a fixed maturity date. It will invest only in AAA-rated bonds issued by public sector companies maturing on or before the maturity of the ETF. From our Partners Vu Televisions continues to serve customers throughout the lockdown - successfully handles over 10000 customer issues From our Partners COVID-19 is creating a new online user What to do if you are in one of these 8 coronavirus-related financial emergencies If Covid-related business losses have resulted in a salary cut for you, you wouldn't be alone. Why inter-scheme transfers in debt mutual funds should worry you Over the month of April, credit risk funds sold bonds worth roughly Rs 5,500 crore to sister schemes. ICICI Prudential AMC, HDFC AMC, Kotak AMC, ABSL AMC, SBI AMC and Nippon India AMC are among the fund houses that carried out the transfers. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 8.83 -6.13 -12.11 -1.89 Invest Now Axis Bluechip Fund-Growth ★★★★★ 7.39 -7.25 -12.65 -1.99 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 6.28 -4.07 -9.30 -0.23 Invest Now Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 5.03 -5.30 -9.88 -0.37 Invest Now Motilal Oswal Focused 25 Fund Direct-Growth ★★★★★ 3.04 -6.30 -11.88 -1.65 Invest Now FeaturedICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan - Growth ★★★★★ 0.47 -16.81 -17.35 1.71 Start SIP What are the risks of investing in bank fixed deposits? A bank fixed deposit faces five types of risks. Here is the list of those risks. How to delete the name of joint bank account holder Here is the process that is to be followed to delete the name of a joint bank account holder.

FEATURED SLIDESHOWS

Do you know how much you are paying to get paid? If you lose your debit card, protect your funds by doing this Fight the financial covid crisis in these five ways Buying health insurance in times of covid-19? Keep the 4 Cs in mind More Slideshows

Financial Calculators 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 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.

Know someone coping with job loss, money troubles now? Here's how you can help Life has been indescribably tough for so many around us. Make sure you reach out and support those that you can. So many of them are suffering in silence and need a shoulder to lean on. Use this Excel function to manage your investments efficiently Excel's LINEST function helps to estimate the multiple factor sensitivities that influence the value of investments. Here's how it does that. Kotak Standard Multicap mutual fund review: A scheme with an excellent track record This fund, earlier known as Kotak Select Focus, continues to maintain a large-cap tilt in its revised positioning as a multi-cap offering. The fund's performance has slipped over the past 12-18 months but remains an outperformer over 3 and 5 years. Realty hotspot series: Average price of 3-BHK in this Mumbai suburb is Rs 62 lakh ET Wealth takes a look at localities that lie beyond Mira Road in Mumbai. These include areas such as Naigaon, Nalasopara, Vasai, and Virar. How self-employed can meet money goals despite irregular income As a self-employed professional, it is better to be conservative and underestimate your income until there is stability in earnings. Working with a lower income will help keep a tighter rein on expenses and increase your chances of reaching your target. 60% fall in merchant point transactions in April: Survey The Worldline survey found that in the first quarter, people used mobile apps for smaller transactions, and Net banking for high-ticket sales. How Sensex, US dollar, 10-year G-sec performed during week ending May 28, 2020 Here's a weekly tracker of returns that will keep you updated on how the stock market index, 10-year bond yields and so on have performed. This will give investors an idea of how their investments performed over a long period. Stock pick of the week: What makes Hindustan Zinc a steady player The main advantage of Hindustan Zinc is its huge reserves of high-grade ores which are expected to last at least 25 years at the current mining rate. This provides clear earnings visibility into the future of the company. MF portfolio doctor: Raghavan needs to hike investments, downsize targets to reach money goals The mutual fund portfolio doctor assesses the health of the portfolio of an investor, examines the schemes and their suitability with regards to goals.

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Is It Time to Change the Name of India to Bharata?

The name of this country "India" is a word with no meaning.

Important: Please add news@indiadivine.org to your contacts list or our emails will be sent to your spam folder and you won't see them. If you are not interested in receiving these newsletters you may unsubscribe here, or simply reply with "unsubscribe" in the subject. Is It Time to Change the Name of India to Bharata? The name of this country "India" is a word with no meaning. We have accepted the name given by foreign invaders, and consider that fine. But if someone says we should restore the ancient name of this land, people will say it is "communalism" (religious fanaticism).   This newsletter is sent to 316,073 subscribers. To subscribe: Subscribe To unsubscribe: Unsubscribe

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