It was November 28, 2017, when Vatsal Seth and Ishita Dutta tied the knot and surprised all their fans. Not much was known about their romance and they didn't even indulge in any sort of social media PDA to at least leave us guessing a possible union in the future. But this is what Tinsel Town is all about, replete with shocks and surprises.

But do you know there was a time when Dutta felt she would never get married to Seth? She even has an explanation for that. In an interview with Bollywood Life, she spilled the beans on what made her say so and how the married life has been like. She said, "When I first saw Vatsal, I remember we were doing a mock shoot, however, he was already doing the show. And I saw him standing in the front, he appeared to be very serious, not too talkative. Generally, on-screen images are quite different, they are kinda full of life. So, I was really surprised to see quiet Vatsal in a serious zone."

She added, "According to my friends and co-stars on the sets, whenever Vatsal comes to meet me, I generally have a big glow on my face. That's what people say." When asked about the craziest thing she has ever done, her answer was, "Saying yes to him for marriage is the craziest thing I've done. I thought we would never get married." They both were seen together in the show, Rishton Ka Saudagar- Baazigar.

Vatsal made his Bollywood debut in 2004 with Taarzan: The Wonder Car and went on to do films like Heroes, Paying Guests, and Malang. Ishita was seen with Ajay Devgn in Drishyam in 2015 and with Kapil Sharma in 2017 in Firangi.

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Archana Puran Singh has always believed in laughing out loud and living life to the fullest. We all have seen that in Comedy Circus and The Kapil Sharma Show, and the same amount of mirth and liveliness is to be found in her Instagram posts. But in the latest one, it's her hubby Parmeet Sethi who steals the show.

We all get to see Singh capturing Sethi and her mother and Sethi, who seems to be in a jovial mood, begins taking a dig at her and their 30-year old marriage. He calls her a 'defective maal' and also adds 'Iska koi refund nahin hai.' To make matters worse for her and funnier for us, her mother too joins Sethi to pull her leg.

Have a look at the first video right here where we can see all three of them:

 

 

 

View this post on Instagram

. Both saasu ma and jawai ji have some fun... at my expense! 😁 Mom has declared me to be the "video waala" ! 🤦‍♀ï¸ÂðŸ˜‚ #lockdown2020 #quarantinelife #madhislandlife

A post shared by Archana Puran Singh (@archanapuransingh) onMay 2, 2020 at 6:47am PDT

And in the second video, the actress gives us a glimpse of their Sunday conversations. She says- "Sunday. No workout. Fresh mint flavoured nimbu paani. Nature. Mom. Parmeet. Bhagyashri. Entertainment. Nok jhok. Happy." (sic)

Have a look right here:

 

 

 

View this post on Instagram

Sunday. No workout. Fresh mint flavoured nimbu paani. Nature. Mom. Parmeet. Bhagyashri. Entertainment. Nok jhonk. Happy. @iamparmeetsethi #madhislandlife #quarantinelife #lockdown2020 #bhagyashrirocks

A post shared by Archana Puran Singh (@archanapuransingh) onMay 3, 2020 at 7:38am PDT

Hope just like us, you also had a laugh!

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StarPlus is all set to enthral audiences with the legendary show – Ramayan. Written, produced and directed by Ramanand Sagar, Ramayan, first aired in 1987 and acquired a cult status over the years. The show boasts of a talented ensemble comprising of Arun Govil as Lord Rama, Dipika Chikhlia Topiwala as Goddess Sita and Sunil Lahri as Lakshman.

It also starred veteran actors Lalita Pawar as Manthara, Arvind Trivedi as Ravana and Dara Singh as Hanuman. The popular mythological show has successfully garnered record-breaking viewership even today due to its engaging and simple narrative which has earned a memorable place in the audience's minds.

Dipika Chikhlia who essayed the role of Sita in Ramayan said, "The role of Sita has been one of the most memorable moments in my life. I have received much love and affection over the years from audiences not only in India but also overseas. With the show now being telecast on StarPlus, viewers will once again to get relive the epic mythological tale."

Sunil Lahri who is known for his portrayal of Laxman said, "Ramayan has received adulation from audiences across age groups. This narrative has engaged people all over with its entertaining narrative and life lessons making it one of the best offerings on Indian television. It's a happy moment for all of us as the show will now be telecast on StarPlus for entertaining viewers once again."

Tune in to the epic mythological tale of Ramayan at 7.30 pm everyday only on StarPlus!

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Television actress Sambhavna Seth, who became a household name after Bigg Boss 2, was rushed to the hospital on May 4 for being unwell. The news was announced by her husband Avinash Dwivedi from the actress' Instagram account.

He wrote- "Hi Guys, Yesterday night we had to rush to the hospital as Sambhavna is unwell. We came back at 5 am in the morning..And now taking her to the hospital again..So there will be no vlog today. Regards Avinash Dwivedi." (sic)

Have a look at the post right here:

 

 

 

View this post on Instagram

A post shared by Sambhavna Seth (@sambhavnasethofficial) onMay 4, 2020 at 11:16pm PDT

Moments after the post, comments from friends and colleagues from the television industry started pouring in that expressed concern and worry for the actress and her health. One of the first ones to comment was actor and singer Lizaa Malik, who wrote- "What happened" (sic) Next in line was Bollywood actress Meghna Naidu, who also wrote- "What happened?" (sic) Sonali Raut had this to say- "Ohhho...get well soon darling...godbless" (sic)

There were a lot more comments that followed! Kamya Panjabi also expressed her worry and commented- "Get well soon darling! Avinash hope nothing serious!" (sic) Anara Gupta wrote- "What happened to her ... vo thik hain ...???? Pls update about her" (sic). And Pakkhi Hegde commented- "???????? M worried" (sic)

More details about her health are awaited! Given the support of the industry people and the wishes that have been pouring in, we are assured she's going to be fit and fine, hale and hearty!

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Sambhavna Seth was rushed to an Andheri hospital on Monday night, her celebs friends had expressed shock over her sudden hospital visit. The former Bigg Boss contestant is now back home and on the road to recovery. Her blood pressure dipped and she had a panic attack after experiencing temporary loss of hearing due to a blocked ear.

Sambhavna and husband Avinash Dwivedi shared a video talking about their ordeal to get hold of a doctor during COVID-19 times.

 

 

 

View this post on Instagram

A post shared by Sambhavna Seth (@sambhavnasethofficial) onMay 6, 2020 at 12:44am PDT

Landmark celebration

Sa Re Ga Ma Pa completes 25 years this month and Zee is planning a celebration, Ek Desh Ek Raag, to mark the singing reality show's landmark year. It includes a 25-hour fundraising liveathon on the channel's Facebook page on May 23. It will be followed by a concert on May 24 on the channel in which iconic faces on the show, including Himesh Reshammiya, Richa Sharma and Javed Ali, will perform from their respective homes.

Be my guest tonight

Ramman Handa is launching an online chat show, Quarantine Diary, in which actors will reveal unknown facts about themselves. The first guest is Ghajini (2008) actor Pradeep Rawat. It will give an insight into how the character actor bagged the film and lesser-known facts about the making of the Aamir Khan-starrer. As Handa resides in a Goregaon complex with several stars from the big and small screen as neighbours, he hopes they will feature on his YouTube show.

Hello, Anayka

Smriti Khanna and Gautam Gupta have named their newborn, Anayka. The Meri Aashiqui Tum Se Hi actor shared the news on social media. She shared the first family photo and revealed the name of her daughter. The telly couple welcomed their first child on April 15.

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President of the Philippines Rodrigo Duterte revealed during his recent State of the Nation address that tobacco firm Mighty Corporation had agreed to settle three cases of tax evasion with the Filipino government.

FIlipino lawmakers are expected to soon sign off on a long-awaited tax reform bill to bring about personal income tax regime reform and broaden the value-added tax base.

The outbreak of coronavirus has made it difficult for people to get treated for other illnesses without being a COVID-19 suspect. However, the Bigg Boss 2 contestant, Sambhavna Seth who is well known for her vlogs, was rushed to the hospital in the dead of the night. Her husband, Avinash Dwivedi, took to Sambhavna’s Instagram to inform her fans of the situation.

According to Avinash’s message, Sambhavna had to be rushed to the hospital twice. When she was unwell a couple of days ago, her husband accompanied her to Kokilaben Dhirubhai Ambani Hospital and the couple came back home at 5 am. However, they took her back to the hospital again. While her fans were extremely worried about her health, Sambhavna spoke to a portal and clarified the reason behind it. She said that her blood pressure dropped low and she fainted, she is also suffering from a severe ear infection and her ear is completely blocked.

 

View this post on Instagram

 

A post shared by Sambhavna Seth (@sambhavnasethofficial) on May 4, 2020 at 11:16pm PDT

She further spoke about the stress they had to go through to get her admitted to a hospital. Sambhavna clarified that no hospital opened its gates till 4 in the morning. She tried a few hospitals before the staff at Kokilaben attended her and asked her to leave soon after the treatment, which is why she had to go back again.

Jackie Shroff and Rishi Kapoor have starred in a film together, but surprisingly, they have never shared a frame or had scenes together. With Rishi Kapoor’s untimely passing, the industry mourns the massive loss we suffered last week. Rishi Kapoor’s colleagues have taken the time out to share how special and jolly he was around others and would always care for others.

In his recent interaction with another portal, Jackie Shroff said that his dream of sharing the screen space with Rishi Kapoor will never come true now. He recalled how Rishi Kapoor would tell him that he wanted to do a film with him since they had never faced each other on camera. Being Jackie’s senior, he obviously wanted to be in the same frame as the legendary actor. He was upset that it can no longer come true and that the industry has lost a piece of jewel from the crown.

Jackie Shroff further recalled how he first saw Rishi Kapoor after Bobby’s release and was completely awestruck by his presence and personality.

Also Read: Imtiaz Ali reposts a video of Rishi Kapoor dancing at former’s brother’s wedding in Kashmir

Shehnaaz Gill has been making it big ever since she became a part of Bigg Boss 13. The singer and actor was already quite a name in the Punjabi industry but now is being recognized as a national star. Making heads turn with her last single with Sidharth Shukla, ‘Bhula Dunga’, Shehnaaz Gill is now all set to collaborate with a fellow Punjabi superstar, Jassie Gill.

He has met her during the promotions of Panga when he visited the Bigg Boss house. Shehnaaz couldn’t help but cry after meeting him because he reminded her of her home. Jassie Gill was sweet enough to request people to vote for Shehnaaz soon after he met her. Both Shehnaaz Gill and Jassie Gill have a massive fan following respectively and the fans can’t wait to see what’s in store for them.

They had already hinted at something new brewing a while back and this news has left the fans ecstatic.

Also Read: Shehnaaz Gill says she does not care about other people’s opinions, but feels bad when they target her fans

A 35-year-old police constable on lockdown duty here in Maharashtra was injured after a man allegedly assaulted him and tried to set him ablaze, an official said on Wednesday. The accused, identified as Arun Sinh Jadhav, has been arrested, he said. The incident took place near Maloli village in Malshiraj tehsil of Solapur on Tuesday night when the constable was asking people to stay indoors, a duty officer at Velapur police station said.

"At that time, Jadhav came in his car and started abusing the policeman. The accused sought an explanation from the constable as to why he had gone to check his brother's hotel," the official said. Jadhav snatched the policeman's phone and threw it on the road. He then allegedly slashed the constable's left hand and face with a blade and started thrashing him, the official said. "The accused then took out a bottle of petrol from his car and allegedly poured it on the policeman. However, a
police patil (village-level official) and some others caught hold of Jadhav and stopped him from setting the constable on fire," the official said.

The constable, who is attached to Velapur police station, later lodged a police complaint in connection with the incident. The accused was subsequently arrested and booked under Indian Penal Code Sections 307 (attempt to murder) and 353 (assault or criminal force to deter public servant from discharge of his duty), the official said.

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106-year-old Mukhtar Ahmed, a resident of Central Delhi's Nawabganj, has recovered from coronavirus and been discharged from Rajiv Gandhi Super Specialty Hospital. The centenarian was admitted in Rajiv Gandhi Super Specialty Hospital on April 14 after been infected with the coronavirus. He was discharged on May 1. Dr BL Sherwal, Medical Director, Rajiv Gandhi Super Speciality Hospital, a designated COVID-19 hospital said, "Whenever a patient recovers it is a proud moment for us. However, this case, due to the age of Ahmed, is inspiring news for all of us."

"Our doctors who were treating him had noticed his stern will to fight against the virus. It is the will that is important in the battle against coronavirus. Ahmed fought with the disease as bravely." On being asked about Ahmed's immunity, Dr Sherwal said, "The recovery depends on whether one's body has a mild or severe coronavirus infection."

"He has set an example that even people above hundred years can too fight coronavirus and emerge victoriously," he added.

Ahmed got the infection from his son who is still undergoing treatment. However, Ahmed is now fit and is maintaining social distance from his family members, thus, obeying the prescribed instructions.

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Hollywood veteran Russell Crowe took a trip down the memory lane on Saturday and shared a throwback picture from the sets of his film -- A Beautiful Mind.

The 56-year-old shared the picture of the year, 2001, on Instagram. The actor is seen sitting along with actor Jennifer Connelly, also his co-star in 2001 released American biographical drama film. The duo have shared screen space in multiple films.

 

 

 

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Love this gal. Been married to her twice. Awesome actress. I think we bring out the best in each other. This from the set of A Beautiful Mind. Somewhere in New Jersey, 2001.

A post shared by Russell Crowe (@russellcrowe) onApr 17, 2020 at 11:08pm PDT

Addressing the 49-year-old star, Crowe tweeted: "Love this gal. Been married to her twice. Awesome actress. I think we bring out the best in each other. This from the set of A Beautiful Mind. Somewhere in New Jersey, 2001."

Directed by Ron Howard, the movie is about an antisocial but genius mathematician, John Nash who agrees to do some secret work in cryptography following which his life becomes a total nightmare. But his love for numbers is quite evident in the film.

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Extraction
On: Netflix
Director: Sam Hargrave
Cast: Chris Hemsworth, Randeep Hooda
Rating: 

Takes a bit of an insider to know exactly how Bombay beat-cops randomly harass young adults milling around, minding their own business, outside clubs/bars past midnight — as if that's the biggest crime in town.

That scene, so representative of the city's dying night life, occurs rather early on in Extraction. By the look of it, it is shot in Bombay — set in a lane that could easily pass off for back-alley of what used to be Elbo (and is now Glass) Room in Bandra.

Only that this is a proper, hardcore Hollywood production, directed by a first-timer (Sam Hargrave) who, until this shoot, had probably never been to India. The hero, Australian-born Chris Hemsworth, tops the world's highest paid actors' lists, and is widely adjudged 'world's sexiest man alive' in the western press. The script — or rather the lack of it (sadly) — is written by Joe of the Russo Brothers — their last film as directors being Avengers: Endgame (naam toh suna hoga!).

Up until that point in the film I speak of (above), the dialogues in Extraction are mainly in Hindi. This carries on for long passages in the picture thereafter; including a whole lot of Bengali, as the action in the film altogether, ostensibly, shifts to Dhaka.

What's there not to be pleasantly gob-smacked by all this shudh 'desiness' going on in a thoroughbred global stunt-actioner? But I speak too soon. For, the moment those fellows in police uniform approach a few kids outside a Bombay bar, one of the boys in the group is abducted, others shot at. And the thriller cuts to such a frantic chase, that all there's left to it are a series of set-pieces, involving grenades, gun-fires and mortal combat.

No issues with that, of course. Just that this is so much of a (critic-proof) genre film, it seems the filmmakers couldn't care two hoots about every moment from thereon — flowing as generically as the audiences would ever imagine them to.

But for the setting, obviously. Which, truth be told, is essentially a white man's gaze at what a rat-hole the size of hell would look like, with the military and ragtag militias being one and the same thing. Guns going off on streets all day, people flocking and flopping like packs of sardines or lemmings off cliffs. This is supposed to be Bangladesh on any given day. Though, am told this was shot in Ahmedabad.

Watch the trailer of Extraction trailer here

Recalling how some Indians outraged over poverty-porn in Slumdog Millionaire, as if Danny Boyle had built a set to defame Bombay (he hadn't; it was what it was) — desis should take mass offence at the portrayal of Dhaka. Relax, that's a joke; suggesting no such thing! This is a frickin' movie. Watch it for that — just as others will.

What you'll appreciate then is the sort of fire-power and raw energy that laces this dusty stunner throughout. For its setting, this is probably a Rohit Shetty actioner to the power 10, in terms of gritty realism. And maybe there's a template in it somewhere for something desi in the Fast and Furious space.

Basically, Sam Hargrave has come into direction after a heavy body of work as stunt coordinator in Hollywood. A story-line may not artistically be his strongest point. But hell yeah, he knows a thing or two about action.

As does Hemsworth — a one-man army, running around here with a loaded arms factory, ensuring bang for the buck. Speaking of which, ideally, this Netflix film would've been best enjoyed in a theatre. This must also be said for the relatively under-rated, but much superior Netflix thriller, Triple Frontier (2019). That was about a huge robbery, involving a Colombian drug-lord, gone bizarre. This one involves Hemsworth's character being hired to 'extract' or rescue the abducted son of 'Bombay's Escobar', who's been kidnapped by 'Dhaka's Escobar' (accha!). Besides the entire city of Dhaka, along with all exit routes closed, Hemsworth has to also take on the Indian don's henchman — for reasons that should only be unlocked by viewers.

Randeep Hooda plays this feisty antagonist — full-on kicking ass, firing on all cylinders, opposite Hemsworth, no less — in Steven Seagal hairdo from the '80s. That's where this film deliberately belongs, too. Pankaj Tripathi is the Indian don, Ovi Mahajan Sr. His missing son is named, Ovi Mahajan Jr (kuch bhi!). Young Priyanshu Painyuli — the super-fine 'find' from the film Bhavesh Joshi Superhero — is the Bangladeshi don.

But for so much delightful desiness in this grand deadliness, would one have even watched this flick with such keen eyes? Let alone responded to it in so many words? Good question.

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The financial squeeze put on Premier League clubs by the coronavirus crisis could be felt across the continent in the coming months as the well to fund massive transfer fees runs dry. For each of the past four summers, Premier League clubs have flexed their financial muscle to splurge over £1 billion ($1.3 billion) on transfers. That has helped spread the wealth of television contracts worth billions across Europe and crucially down the divisions to cash-strapped clubs in England. Now even the world's richest league is facing economic meltdown. Premier League matches have been suspended indefinitely with no return expected before mid-June at the earliest. Broadcasters could be due a rebate worth a reported £762 million if the season is not completed and, even when the games do recommence, they are likely to be behind closed doors, quashing income from gate receipts.

Moreover, a number of major sponsors such as airlines and gambling companies have been just as badly hit by the COVID-19 shutdown, which is expected to lead to a curb on commercial revenue. Rather than the usual arms race for talent, Premier League clubs are fretting about just meeting their wage bills for the next few months. "Many clubs could be threatened by insolvency and transfer plans came to a standstill for most clubs because of the many uncertainties," said Matthias Seidel, founder of Transfermarkt, a website specialising in transfer values. According to Transfermarkt, 1.8 billion euros ($2 billion) has already been wiped off the value of Premier League squads. "There's no doubt the actual value of players right now has gone down in all squads," said Brighton owner Tony Bloom. "How much less, I have no idea. It depends on how the next few months play out."

'Vultures and predators'
Such uncertainty has led for calls to do away with transfers entirely to avoid the unseemly sight of clubs, who have asked staff to take pay cuts and in some cases relied on government money, spending money on new players. "If you're trying to get 30 percent pay cuts from existing players, you may have to put a transfer embargo in place," former Manchester United captain Gary Neville told Sky Sports. However, embargoes may only accelerate fears that clubs lower down the pyramid will not survive the crisis. Proceeds from transfer sales are commonly used in the lower leagues to cover running costs and will be needed even more without the regular income of gate receipts to rely on. "I think there will be significant transfer fee deflation," football finance expert Kieran Maguire told AFP. "There will be a significant number of clubs that when some form of transfer market returns, they will be close to going out of business and therefore will accept fire sale prices. "The vultures and predators will pick off good players for very modest fees."

The fear for those reliant on transfer fees, though, is that the damage has already been done. Given the vast sums involved, transfer fees are very commonly paid over the course of a player's contract. Based on accounts published to the end of the 2018/19 season, Premier League clubs owed £1.6 billion in outstanding transfer payments, £900 million of which was to foreign clubs. Maguire warns of the domino effect whereby if one club fails to meet its transfer debt, it could spark a series of defaulted payments on other deals or even worse force clubs into insolvency. "The concern is that financial problems in one league could spread throughout the industry just like the pandemic," he said. Bundesliga chief executive Christian Seifert told the New York Times earlier this month that the transfer market will "collapse" and that "some leagues will understand that money is nothing that is coming automatically every month from heaven." That may have been a slight on the Premier League's overindulgence on transfer fees. But as the biggest spender, the economic earthquake felt by English football will ripple across Europe for some time to come.

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Hugo Lloris believes that ending the English Premier League season without declaring Liverpool champions would be "cruel", but the Tottenham captain wants the final table decided on the field. The goalkeeper is following the English social isolation rules at home with his family in London, helping his two oldest daughters with their homework while trying to stay fit in case the reason restarts.

"We're in a situation where everyone wants to finish and get the verdict from the pitch," Lloris told French sports daily L'Equipe. "It would be terrible if it all ended like that with nine or 10 games to go in the Premier League." "We're coming into the most exciting, beautiful time of the season. Nobody wants it to end like this." Liverpool lead the table by 25 points. "It would be cruel for Liverpool with the lead they have. They're practically champions. "There would be a taste of the unfinished business." The France captain says that resuming the Premier League without fans will be strange. "It'll be weird wherever it happens. Football is not a closed-door sport," he said.

"Without spectators, it's not the same sport. That's not how I see football. "We're here to bond, to share our emotions. We all want full stadiums, with atmosphere, fans, colour and song." "But you have to take the context into consideration." "Everyone has to find the right compromise between health, which is above all else, and the need to finish this season," he added. The British government still has not given any indication when football will be able to resume.

"We have to be ready. Just in case," said Lloris, who was among the players to return to Tottenham's training centre last week for individual sessions. The World Cup winner contributed the gloves he wore when Tottenham lost the 2019 Champions League final to Liverpool in France for one charity auction. They raised 4,800 euros ($5,250). He also organised a France team auction with Blaise Matuidi, the Juventus midfielder, and Raphael Varane, the Real Madrid defender, and raised more than 300,000 euros for Paris hospitals. "This gesture does not represent much compared to the investment made by caregivers," he said.

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Coronavirus or Covid-19 is showing no signs of receding. On the contrary, the number of cases is increasing by the day and the situation is rather depressing, as almost every region of the world and country is infected.

Sadly, there is no antidote or a vaccine conclusively developed to fight this deadly pathogen yet. And according to the World Health Organisation (WHO), Coronavirus will be with us for a long time. Most cases are still in the early phase of the epidemic and some countries which were affected early in the pandemic, are now seeing a resurgence in the number of cases, said the WHO Chief.

COVID-19 is truly playing havoc and may be followed with a financial crisis owing to the lockdowns imposed to contain the spread. The risk of global recession undeniably looms large. "This crisis is like no other", as what the International Monetary Fund's (IMF), Chief Economist, Ms Gita Gopinath wrote in the foreword to the World Economic Outlook, April 2020.

Graph 1: The virus has spread even to Indian equities

The graph above depicts the S&P BSE Sensex falling off the cliff and investors' wealth being eroded. Since the all-time high of the S&P BSE Sensex (42,273.87 points made on January 20, 2020), we have fallen more than -25% and overall sentiments seem downbeat and volatility has heightened.

On a year-to-date basis, Indian equity is down nearly -23.2% (as of April 27, 2020), while gold -- with uncertainty looming around the world -- has exhibited its sheen and demonstrated its trait of safe haven and an effective portfolio diversifier, clocking nearly +5.0% absolute return as of April 27, 2020.

Graph 2: YTD Performance of key asset classes

The graph above validates the importance of tactical asset allocation. The key lesson here is: all asset classes will not necessarily move in the same direction (up or down) always - over the long-term; some may even move in the opposite direction as what we have seen in the recent past (in the case of equities and gold).

As we (the world) continue to fighting COVID-19 and the aftereffects of it are conceivable, a further correction cannot be ruled out and the bottom is unknown. COVID-19 is likely to impact corporate earnings amidst a time when India is already facing slowdown blues. As people are quarantined, demand would remain muted and inflation risk will begin to surface, particularly in food prices.

So, although the current levels offer a decent value-buying opportunity, skewing your portfolio completely to equity as an asset class could endanger wealth creation. In such times you, as an investor, need to follow tactical asset allocation while you aim to generate wealth.

Tactical Asset Allocation with Quantum Multi Asset Fund of Funds

To invest sensibly in the current times, you need a Multi-Asset Fund that invests in mainly three asset classes: equity, debt and gold; and is truly balanced.

Among the plethora of Multi-Asset Funds, the Quantum Multi Asset Fund of Funds (QMAFOF) incepted on July 11, 2012, is truly balanced and holds well-diversified portfolio (across the three key asset classes: equity, debt and gold) at all the times -- unlikely many of its peers who swayed by the excess exuberance in equities, lost sense, and eroded investors wealth.

Table 1: Asset Allocation of Quantum Multi Asset Fund of Funds

The Scheme predominantly invests in the units of Equity, Debt / Money Markets and Gold schemes of Quantum Mutual Fund. Currently, the following schemes are used to gain exposure to a particular asset class:

For equity - Quantum Long Term Equity Value Fund, Quantum Nifty ETF

For debt & money market instruments - Quantum Liquid Fund, Quantum Dynamic Bond Fund

For Gold - Quantum Gold Fund (ETF)

The Units of any other Equity and Debt / Money Markets scheme launched by Quantum Mutual Fund from time to time would be eligible to be part of the above asset allocation components.

Although QMAFOF aims to invest predominantly only in the schemes launched by Quantum Mutual Fund, QMAFOF may seek to invest in the units of similar schemes of other mutual fund houses in case of any investment and regulatory constraints that arise that prevent the Scheme from increasing investments in the schemes of Quantum Mutual Fund.

The investment objective of Quantum Multi Asset Fund of Funds is, "to generate modest capital appreciation while trying to reduce risk (by diversifying risks across asset classes) from a combined portfolio of equity, debt/money markets and gold schemes of Quantum Mutual Fund"

QMAFOF benchmarks it against the Crisil Composite Bond Fund Index (40%) + S&P BSE Sensex Total Return Index (40%) + Domestic price of Gold (20%).

Being a fund of fund, this benchmark is most suitable to compare QMAFOF's performance. The unique combination clubs together the relatively risky assets with other stable asset classes in the portfolio.

Backed by an astute investment strategy, taking the relative valuations between asset classes into consideration such as Price-to-Earnings relative to historical averages; the relationship between earning yield to bond yield relative to historical averages; and macroeconomic factors prevailing globally and within India, the two fund managers of QMAFOF, namely Mr Chirag Mehta (MMS - Finance, M.Com, and CAIA with over 13 years' experience in research and investments) and Mr Nilesh Shetty (B.Com, MMS -Finance, and CFA with collectively 16 years in equity markets), have generated respectable returns for investors.

Table 2: Report card of QMAFOF versus some of its peers

Even as the equity market is panting for breath attributable to COVID-19 and volatility has intensified, QMAFOF due to its sensible asset allocation to equity, debt and gold through its underlying portfolio, has fared relatively better than some of the peers.

ICICI Prudential Multi-Asset Fund, Axis Triple Advantage Fund, HDFC Multi-Asset Fund, and UTI Multi-Asset Fund, on the other hand, have all eroded investors wealth posting double-digit negative returns (see Table 2) in this downturn. Some of these schemes have fared well during upswings by keeping to the allocation to equities high, but on the downside, they have not managed the risk very sensibly. Investors, as a result, have experienced a roller-coaster ride in the journey of wealth creation.

A multi-asset fund, ideally, is expected to be truly balanced and sensibly allocate its assets whereby the downside risk of one asset class is compensated by the positive returns of the other asset classes.

Here are five good reasons to invest in Quantum Multi Asset Fund of Funds

1. You gain from a diversified portfolio across asset class which, in turn, reduces risk and optimizes returns.
2. You do not have to worry about portfolio rebalancing; the fund manager will astutely do it for you at regular intervals in the endeavour to achieve the set-out investment objective of the fund.
3. Portfolio tracking will be easy for you instead of tracking 10 different schemes
4. You will benefit from the lowest expense ratio in the category
5. And above all, Quantum Mutual Fund's strong research capabilities across various asset markets - equity, debt and gold, -- with robust investment processes & systems followed at the fund house.

Suitability of Quantum Multi Asset Fund of Funds

QMAFOF is a perfect fund for investors looking to tactically diversify the portfolio with a single fund across equity, debt and gold, plus leave the aspect of rebalancing to the discretion and expertise of the fund manager.

Furthermore, the fund is appropriate for investors seeking long term capital appreciation, who have a moderately high-risk appetite, and an investment time horizon of 3 to 5 years.

It is the best time to invest in the Quantum Multi Asset Fund of Funds. Valuation-wise, Indian equities look attractive and there appears to be a decent margin of safety (with a high return potential if the equity markets ascend).

Similarly, given the uncertainty surrounding the world, gold is expected to display its lustre. The economic uncertainty surrounded by the COVID-19, GDP growth rates being revised downwards, easy monetary policy action and stance followed by central bank across the world, geopolitical tensions, trade tension, and increased stock market volatility are likely to keep spotlights on gold.

Likewise, with credit risk getting amplified, it makes sense to have exposure to a pure Liquid Fund (that does not take exposure to Commercial Papers issued by private entities). Now that policy rates are already lowered by RBI to address growth concerns, it does not make much sense to take exposure to the longer end of the yield curve; it could prove less rewarding and risky (may encounter high volatility) in the foreseeable future. Deploying your hard-earned money is short-end of the maturity curve, would be far better.

By investing in Quantum Multi Asset Fund of Funds, you will be able to balance the risk better with a sensible investment strategy in place.

Just as an excess drug dosage cannot treat COVID-19, your investment portfolio, too, needs just a fair amount of diversification to clock optimal risk-adjusted returns in the journey of wealth creation.

Go ahead and consider investing in Quantum Multi Asset Fund of Funds.

Happy Investing!

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Author: Rounaq Neroy

This article first appeared on PersonalFN here.

PersonalFN is a Mumbai based personal finance firm offering Financial Planning and Mutual Fund Research services.

Disclaimer:
The views mentioned above are of the author only. Data and charts, if used, in the article have been sourced from available information and have not been authenticated by any statutory authority. The author and Equitymaster do not claim it to be accurate nor accept any responsibility for the same. The views constitute only the opinions and do not constitute any guidelines or recommendation on any course of action to be followed by the reader. Please read the detailed Terms of Use of the web site.

The Indian equity markets are on a rollercoaster with the uncertainty surrounding the COVID-19 pandemic. It's been a nerve-racking experience for investors and wealth has been eroded.

As we continue to battle COVID-19 with lockdown 3.0, on a year-to-date basis the S&P BSE Sensex is down -23.9% as of May 5, 2020, (see Table 1 below).

Table 1: Wealth erosion across market cap segments

Balanced Hybrid Funds that are supposed to be balanced and protect downside risk have gone on to erode investors' wealth by seldom maintaining a 'fair balance' and displaying unreasonable love and exuberance for equities plus for taxation reason -- to be treated as an equity-oriented fund. (see Table 2 below).

Similarly, many multi-asset funds that hold the mandate to invest with allocation across three asset classes i.e. equity, debt and gold with minimum 10% in each have posted negative returns (see Table 2 below).

Table 2: Report card of Balanced Hybrid Funds and Multi-Asset Funds

ICICI Prudential Multi-Asset Fund, HDFC Multi-Asset Fund, and UTI Multi-Asset Fund, in particular, have not lived up to the expectation and the trust evinced by investors (going by their AUM size). Not just are their recent returns amidst the outbreak of COVID-19 crisis unappealing, but even the 3-year and 5-year compounded annulaised return is nothing to vie for. This is because they haven't been able to sensibly allocate to the three key asset classes: equity, debt and gold, and play the investment strategy astutely.

On the other hand, the Quantum Multi-Asset Fund of Funds (QMAFOF) has depicted true balance backed by its sensible investment strategy arrested the downside risk and relatively fared better vis-a-vis its peers over 3-year and 5-year time periods.

The Quantum Multi-Asset under normal circumstances by maintaining 25%-65% exposure to units of equity schemes (vide Quantum Long Term Equity Value Fund, Quantum Nifty ETF); 25%-65% exposure to units of debt and money market instruments (vide Quantum Liquid Fund, Quantum Dynamic Bond Fund); 10%-20% in units of gold schemes (vide Quantum Gold ETF); and up to 5% in money market instruments, Short-term Corporate Debt securities, Tri-Party Repo, Repo/ Reverse Repo in Government securities and Treasury Bills has been able to generate modest, yet appealing returns than the rest, and mitigated the risk by diversifying across asset classes: equity, debt and gold.

Historically it is proved that all classes never move in the same direction -- up or down -- at the same time. There could be times when certain asset classes perform better than the other and/or show an inverse relation to another (see Table 3).

Table 3: Here's how various asset classes fared per calendar year

If your multi-asset fund strategically allocates between equity, debt, and gold sensing the pulse of each asset class, maintains balance, and takes calculated risk sensible wealth creation is possible.

In the on-going COVID-19 crisis, equities will remain volatile, but given the sharp correction, there are and will be, enough long-term value-buying opportunities with a decent margin of safety.

Gold in such uncertain times would continue to gain all the attention. Easy monetary policy action and accommodative stance to address growth concerns, a record-high debt-to-GDP ratio, trade war tensions, geopolitical tensions, the potential risk to the inflation trajectory mainly due to food prices, increased stock market volatility, and the U.S. Presidential election in November 2020 are some of the factors expected to work in favour of gold. The precious yellow metal will demonstrate its trait of being a portfolio diversifier, a hedge (when other asset classes fail to post alluring returns), and command a store of value.

And speaking of debt & money market instruments, with exposure to highly rated papers and predominantly government securities, will act as a stabilizer.

A unique aspect of QMAFOF is that it has always taken relative valuations between asset classes into consideration, such as:

• Price-to-Earnings relative to historical averages;
• The relationship between earning yield to bond yield relative to historical averages; and
• Macroeconomic factors prevailing globally and within India

It is this wide-ranging and sensible approach that has helped QMAFOF to protect against the downside risk and reward its investors better than many of its peers. The fund managers, Mr Chirag Mehta (MMS - Finance, M.Com, and CAIA with over 13 years' experience in research and investments) and Mr Nilesh Shetty (B.Com, MMS -Finance, and CFA with collectively 16 years in equity markets), have strategically moved in and out of the aforesaid asset classes wisely recognising their upswings and downswings.

[Read: Why Tactically Invest Across Asset Classes amidst COVID-19 with Quantum Multi-Asset Fund Of Funds]

The choice is completely yours: to stay invested in a 'Balanced Hybrid Fund'/ Multi-Asset Fund that does not show true balance and keep harming your health and wealth; or make a sensible move and switch over to Quantum Multi Asset Fund of Funds that is truly balanced and has sensibly generated wealth for investors without the shrieking experience of a rollercoaster.

Wish to invest in Quantum Multi Asset Fund of Funds? Click here.

Happy Investing!

Join Now: PersonalFN is now on Telegram. Join FREE Today to get 'Daily Wealth Letter' and Exclusive Updates on Mutual Funds

Author: Rounaq Neroy

This article first appeared on PersonalFN here.

PersonalFN is a Mumbai based personal finance firm offering Financial Planning and Mutual Fund Research services.

Disclaimer:
The views mentioned above are of the author only. Data and charts, if used, in the article have been sourced from available information and have not been authenticated by any statutory authority. The author and Equitymaster do not claim it to be accurate nor accept any responsibility for the same. The views constitute only the opinions and do not constitute any guidelines or recommendation on any course of action to be followed by the reader. Please read the detailed Terms of Use of the web site.

The International Tennis Federation (ITF) has issued a set of guidelines for local and national-level competitions when tennis returns to action once the restrictions put in place due to coronavirus pandemic are lifted. The guidelines include arriving at a venue already dressed and leaving immediately after the conclusion of a match, no handshake, no sharing of equipments (rackets, towels, water bottles, etc), no doubles matches. Besides the guidelines also say that competitions should be held without spectators.

The ITF has also said that players use separate sets of balls (and mark them clearly prior to play) and should go around opposite sides of the net at changeovers. "The guidelines -- at this stage for local and national-level competitions only -- seek to provide a framework in which tennis can be played again in a manner that protects against the risk from transmission or infection by the COVID-19 virus, and provide a number of practical suggestions as to how this might be achieved," said ITF in a statement on Friday.

"While following measures such as these will ensure that the risk from COVID-19 is minimised, the guidelines are clear that the risk cannot be eliminated altogether," it added.

Currently, all tennis activities remain suspended until July 13 due to coronavirus pandemic which has so far claimed more than 2.3 lakh lives across the world.

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World No. 2 tennis star Rafael Nadal's wife Maria Francisca Perello has revealed that the media often misreport her name and date of birth.

Mrs Nadal indicated that Mery is her real name. Also, her birthday is not on July 7.

Mery has always stayed away from the media glare, but remains in the news for being Rafael's better half.

In a recent interview to Spanish daily La Vanguardia, she said: "Well, nobody around me calls me Xisca. And my birthday is soon, I will surely spend it in confinement. But it is not in July. There is still a little time left…" she was quoted as saying by essentiallysports.com website.

When asked about her interest in sports, she replied: "I exercise a lot, but always just for myself. Never seriously. I have played volleyball, done gymnastics, fitness and lately running. On vacation, I sometimes play paddle tennis with Rafael."

Mery, who is in self-isolation with Rafael in Mallorca, added: "We are confined like everyone else. We were very clear from Day One to train at home. We do rubber bands, push-ups, circuit…at least one hour a day in my case."

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A Writers Retreat session in progress

While most of us aren't as lucky as Ruskin Bond to call the hills of Uttarakhand home, a brief escape to nature can help get the creative juices flowing. If you love writing and feel you could do with some inspiration as well as insights into honing your prose, the upcoming edition of Writers Retreat might be your ideal getaway.

The sprawling open-air venue

Designed by the live storytelling event series, Tall Tales, and Grassroutes, an organisation that seeks to connect the urban dweller with the rural community, the two-day retreat will take place in Dehna. The village, located at a two-hour drive from Mumbai, is nestled in the Sahyadris. And thanks the many streams and rivulets that spring up during monsoon, it is also called the land of a thousand waterfalls.

Michael Burns

The retreat features seven workshops rolled into one along with some free time to explore and soak in the rural life. "The first day is all about the universal story structure - how to start stories, what to do in the middle, and how to end them. Irrespective of the language or genre, there is a basic structure that many writers with great ideas find difficult to adhere to," says Michael Burns, director of Tall Tales. The day will end with a film screening, where participants will watch a structured story unfold on screen.

The next day will get into the nuances of good writing, like designing unforgettable characters. "Some writing exercises will encourage participants to explore their relationship with nature; something that's difficult to achieve amidst the distractions of a busy city like Mumbai," signs off Burns.

On: October 1, 9 am onwards
Meeting point: To be decided three days prior to the trip
Log on to: instamojo.com
Email: akshay@talltales.in (seats limited)
Cost: '8,000 ('7,000 for students)

Studies in Form-Akbar Bhavan-20 from a series of cyanotype prints by artist Seher Shah and photographer Randhir Singh

A Summit can be anything you want it to mean, and we re-define it every time. Just when you think you have figured it out, we alter our course. You might think you know what the 2020 Dhaka Art Summit might look like, but we hope to add further surprise," says Diana Campbell Betancourt. At the age of 33, Betancourt is the third time artistic director of one of Asia's most important art events, the Dhaka Art Summit, set to open on February 2. Betancourt, who used to be based out of Mumbai, has been at the fore of bringing contemporary voices in art from Asia to the biennial event, which is now in its fourth edition. Joined by guest curators, Betancourt has brought over 300 artists across 10 curated exhibitions. We ask her what's different this time. Edited excerpts from the interview:

Bangladesh as centre
2017 was an important year as it marked 70 years of independence for both India and Pakistan. In 1947, however, what is now Bangladesh was still effectively a colony of Pakistan. Usually viewed as the poorer younger brother of these two countries, we saw the need to put Bangladesh back at the centre of its cartography. We want to shift the narrative away from India-Pakistan. We are looking at the trade and cultural connections that Bangladesh had with the Middle East and Southeast Asia, rather than only looking at South Asia. There are fewer Indian artists this time around, and we have more artists from Thailand and Myanmar and Singapore as we've shifted our focus further east. The Summit is not a nationalist exercise, so we are able to address the slippages across borders. We are also exhibiting one of Mrinalini Mukherjee's hemp sculptures in Bangladesh for the first time, through the support of the Kiran Nadar Museum of Art and the Mrinalini Mukherjee Foundation, which draws connections to Bangladesh via the jute and textile trades which interlink its history with the rest of the world.

Diana Campbell Betancourt. Pic/Noor Photoface

Making more room
This time we have extended the Summit from four days to nine. There was a lot of local demand the last time. We saw 1,38,000 visitors in 2016. This year, we have split the weekends for different kinds of crowds.

Special focus on Sri Lanka
We believe that just as Bangladesh is left out of global dialogue, Sri Lanka is even more excluded. The show, titled One Hundred Thousand Small Tales, is curated by Sharmini Pereira, and has 40 artists right from the 1940s to the present.

Headed in the right direction
The Solo Projects section, which used to invite commissions from leading artists in the region, is replaced by Bearing Points. I felt that the Solo Projects didn't intellectually tie together everything we do in the Summit. The exhibition is curated by me, and the title refers to a compass, to a map that helps you orient yourself to lesser explored transcultural histories of the region.

Going back to school
The Summit has always been known for its workshops. This edition will have a free art school, with sessions conducted by artists such as Rashid Rana and Dayanita Singh, among others. It will be right at the middle of the summit, emphasising that culture is a key part to keeping people secular.

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Moshe Holtzberg praying with the Rabbi at Chabad House on Wednesday. Oren Rosenfeld, Israeli documentary maker, who flew with the family to Mumbai from Tel Aviv on Tuesday says the 11-year-old is aware of his past and what it represents. Pic Courtesy/Oren Rosenfeld

It's nearing 4.30 pm, and there's much activity at the Magen David Synagogue in Byculla. Carpets are being laid out and guests who will probably have to wait long are being offered tea and coffee. There's a lawn outside where - with the sun not at its shiniest best thanks to Mumbai's faux winter - a few tables and chairs have been laid out with white satin sheets that the brain registers as celebratory. In the midst of the activity, avoiding the scaffolds that still line the freshly painted blue walls of the 154-year-old synagogue, stands Devina Sankar, a Los Angeles resident who is in Mumbai on a three-week vacation. Looking into a Sony PXW-X70 handycam, she reminisces her school days spent next-door, where as a naughty student she'd often have her ears twisted. It elicits a sound of surprise from the man behind the camera, Oren Rosenfeld. An Israeli filmmaker, in India to document Mumbai's Jewish community, Rosenfeld is collecting several such accounts of the Jewish community's India experience.

In between interviews with his subjects, primarily Eddna Samuel (a Parel resident who Rosenfeld poetically calls the needle through which he will thread the narrative of his feature-length documentary), he points out that the synagogue, which is currently being prepped for the launch of a monthly magazine celebrating India-Israel ties and the Jewish community here titled, Namaste Shalom, is a Baghdadi-Jew synagogue. It's a community that most recall for its best-known Mumbai member, David Sassoon. "What's interesting here is that the Baghdadi Jews and Bene-Israelis [Jewish settlers in India who trace their history to the Lost Tribes] have come together. There are certain prayers in Judaism that cannot be conducted if there are less than 10 men. So, to fulfill that requirement, the Bene-Israelis come over to Baghdadi synagogues to up numbers," he adds.

Rosenfeld meets Baby Moshe's uncle Moshe Holtzberg at the Nariman Point home of common friend Suril Desai, also executive producer of the Mumbai Jews documentary. Moshe Senior, a Rabbi, lives in New York, and has flown in for the three-day visit of the family to Chabad House which he worked to ensure was not shut down. Rosenfeld says that while members of the Chabad House usually don’t mingle with other Jewish communities, the 26/11 attacks changed that in Mumbai, achieving the opposite. Pics/Atul Kamble

The timing of the magazine's launch, admits Rosenfeld, couldn't have been better. While the media seems to have almost given this a miss, just a few kilometres away Prime Ministers Narendra Modi and Benjamin Netanyahu are setting the stage for better economic and strategic ties between the two countries at Colaba's Hotel Taj Mahal Palace. "But, I don't think they planned it that way."

Almost as if answering a question unasked, Rosenfeld, who runs the Jerusalem-based Holy Land Productions and has worked on projects for the BBC and National Geographic, says "I don't need to be there [i.e. Colaba]. I already have great shots from yesterday." What Rosenfeld refers to is the almost exclusive access he enjoyed as a journalist to Baby Moshe, 11, whose parents Rabbi Gavriel Holtzberg and Rivka Holtzberg were killed during the terror attacks at Chabad House on November 26, 2008. Baby Moshe (referred to as such because he shares his first name with his uncle) made his first visit to Mumbai post 26/11 on Tuesday amidst much media frenzy. Rosenfeld was invited by the Holtzberg family (Gavriel and Rivka's parents) to travel with them on the flight from Tel Aviv to Mumbai last week, and later Baby Moshe's first steps into Nariman House after the time his parents were killed along with four others.

Devina Sankar, a Los Angeles resident in Mumbai on a three-week vacation, speaks to Rosenfeld outside the Magen David Synagogue in Byculla where the Namaste Shalom magazine was launched on Thursday. Pic/Sayyed Sameer Abedi

On putting the boy through this, Rosenfeld says, "Baby Moshe always has his four grandparents around him. Plus, there's a psychologist who travels with him. He is showing signs of awareness of his past." Rosenfeld, who has a young son the same age as Moshe, says, "In Judaisim, a boy is said to become an adult at the age of 13, which is when the Bar Mitzvah is held. Moshe is almost that age now."

Initially, shy, Baby Moshe soon became comfortable with Rosenfeld's presence. A photograph the filmmaker picks from his iOS gallery is of the child standing before a luggage conveyor belt at Mumbai T2 alone. "He stepped away from his grandparents and waited at the carousel to pick up his heavy bag," he says, about a symbolic scene.

Chabad House, says the 41-year-old filmmaker, across the world has represented a community that has stood away from local communities. "They are more traditional and have stricter kosher rules." What the Mumbai attacks did, however, was to bring all of the city's Jews together. "On Tuesday, at a local Jewish community event, Moshe's grandparents were invited to speak. This [members of a Chabad House mingling] doesn't happen anywhere. If the idea of the terror attack was to shake the community, it did the opposite. It only made them stronger."

Yet, this might only inform a small part of the documentary. Had it not been for the connection between the communities forged after the attacks, the two would have been separate entities. What he is looking for is a Mumbai Jew's life in the city. "In Israel you have a lot of Jews who have come from different countries. However, the ones from India still share a deep connect with the country. They are in touch with their families and return here for vacations."

The travel back and forth is important. Samuel, when the camera is turned away from her, expresses how a multi-entry visa would help everyone. But that's for the PMs' ears. For Rosenfeld's camera, she talks about the excitement of seeing an article, on her life and her community, appearing in Namaste Shalom. And, when that's done, Rosenfeld disappears into the sidelines and records the rest of the evening. A coffee he was drinking is hastily put to rest on the floor as a BJP dignitary he probably doesn't recognise makes a late entry.

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The cast rehearsing at The Cuckoo Club

If you ask anyone, which part of the wedding they enjoy the most, chances are that the 'sangeet' would be a popular choice. Especially, in a city like Delhi that is known for their great Indian weddings. Prerna Chawla and Shikha Talsania's upcoming play Dekh Behen takes on this larger-than-life grandeur of a wedding that is taking place at a plush Chhattarpur farmhouse.

What makes this Akvarious production extra special is that this play has been put together by an all-girl team. Talsania says, "Dekh Behen is a kitschy, light-hearted story of five bridesmaids catching up hours before they are to put up a rehearsed item number at the Sangeet ceremony, in a big fat Delhi wedding. It's a bittersweet comedy about daughters, girlfriends, mothers, sisters, wives, and getting through one bloody 'shaadi ka function'." Playing the lead character, the bride's brattish sister, is YouTube superstar Mithila Palkar who used to be an active member of Thespo. While she always wanted to act on stage, she found her space backstage doing play readings. Speaking about her role Palkar says, "Riya belongs to a rich Punjabi family from Delhi. She's intelligent but inevitably a brat. But, she is also trying to figure out life as it happens to her and is battling a perpetual conflict of principles and emotions, like most of us, in our early 20s, do. So, 'rich brat' aside, I can relate to Riya."

The play has been written by Dilshad Edibam Khurana and Tahira Nath Krishnan. Khurana says, "Dekh Behen is a fun story that also touches upon a lot of issues that are common among friends or siblings. Through the course of the story, these issues get discussed and ironed out. But at the end of the play, you will go will go back home with a smile on your face." One can easily relate to the title and the poster of the play, thanks to the popular 'dekh behen' memes. So, is that the connect, we ask Talsania. She says, "The title came up during a coffee break conversation, while we were doing another play. Come and watch the play, you'll see why it's an apt title."

When: February, 1-4, 8 PM
Where: The Cuckoo Club, 5AA Pali Hill, Bandra West
Entry: Rs 400
Call: 9619962969

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They insist for standing instruction facility for debiting annually.How safe is this ? Normally we are advised by bankers to authorize every time and giving this sort of standing instruction ...will it not amount to a blank cheque?..

Binge watching has become the most common activity in the Coronavirus-forced lockdown. Mumbai's India all-rounder Shivam Dube is no different than the rest but his choice is rather unusual.

Dube, 26, who was drafted in the Indian team in place of injured Hardik Pandya (India v Bangladesh T20I series in November 2019), has been watching India's World Cup title campaigns spearheaded by MS Dhoni, for motivation.

India lifted the inaugural World T20 trophy in 2007 and the 50-over World Cup in 2011. "To keep my mindset healthy, I am watching India's two World Cup titles. They inspire me and provide me a pathway for what I can do for my country in the future. It keeps me motivated," Dube told Sunday mid-day on Saturday.

All-rounder Shivam Dube (right) with father Rajesh, mother Madhuri and sister Pooja at their Andheri East residence on Saturday

"I watched the 2011 ODI World Cup final many times because I am confident India can do it again [in 2023]. I also watched the T20 World Cup games several times. I think India are the best team in any format. I am sure we can win these two World Cups again," said Dube, who has featured in 13 T20Is and one ODI. Dube is working hard on his fitness at his Andheri East home. He was part of the Royal Challengers Bangalore team in the last IPL, where he scored 40 runs in four games. He was looking forward to playing the IPL again but it has been indefinitely suspended.

"I am missing everything of the IPL. It's difficult but we don't have a choice. We have to stay home and fight the virus," remarked Dube. But there are positives: "I am with my family after a long time, so I am helping my mother, father and sister as much as I can with household chores. I sometimes help my mother with cooking and cleaning. This also helps in bonding."

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India's Ministry of Finance has released a new Notification that sets the "tolerable range" for arm's length dealings.

The South African Revenue Service on April 6, 2018, warned taxpayers that they are expected to declare cryptocurrency gains or losses in calculating their taxable income.

For the fourth quarter ended March 31, 2020, ICICI Bank reported a 26 per cent rise in net profit at Rs 1,221 crore compared to Rs 969 crore a year ago

The European Free Trade Association, which comprises Liechtenstein, Iceland, Switzerland, and Norway, intends to take forward free trade negotiations with India, Indonesia, Malaysia, Vietnam, and Ecuador this year.

On February 3, 2018, China's State Administration of Taxation set out new rules on the disallowance of tax treaty benefits where an entity fails to demonstrate it is the beneficial owner of Chinese assets from which passive income is derived.

On September 16, 2019, the United States Internal Revenue Service announced the mailing of a time-limited settlement offer for certain taxpayers under audit who participated in abusive micro-captive insurance transactions.

New Zealand's Inland Revenue Department has announced the launch of a consultation on potential reforms to improve the goods and services tax regime.

On January 20, 2020, the Dutch Ministry of Finance announced the list of countries with which the Netherlands intends to negotiate new or amended double tax treaties in 2020.

The European Commission is taking Spain to the Court of Justice over the imposition of "disproportionate" sanctions for failure to report assets held abroad.

The UK's Chancellor, Philip Hammond, delivering the Spring Statement earlier this month, announced a number of upcoming VAT reform projects.

The Australian Taxation Office has released a new ruling on how to calculate the effective life of depreciating assets for income tax purposes, in Taxation Ruling (TR) 2019/5, which is applicable from July 1, 2019.

On January 20, 2020, the Dutch Ministry of Finance announced the list of countries with which the Netherlands intends to negotiate new or amended double tax treaties in 2020.

Ireland has released a responses document on an ongoing consultation on an update to the country's transfer pricing rules.

Experts meet in Delhi to discuss a new initiative to "future-proof" livelihoods of one million smallholder farmers in South Asia

New year 2020 is almost here to start with a bang. Picking out the right food, gadgets, exercises, and outdoor activities well in advance can help you

Vitiligo, an autoimmune disease, has both genetic and environmental contributary factors to its onset. It could occur among individuals with no family

Inclusion of groundwater in continent-wide strategies has potential to help keep Africa’s broader development on a sustainable footing.

New study adds to evidence that Parkinson's disease is partly an autoimmune disease. Signs of autoimmunity can develop in Parkinson's disease patients years before their official diagnosis.

The link between disturbances of the circadian clocks in pancreatic cells and type 2 diabetes has now been found. The circadian clock system (from Latin

Telemedicine can be used safely and effectively for managing new-onset type 1 diabetes training and education for both pediatric and adult patients and

Aarogya Setu app is designed to help control the spread of coronavirus and make its information accessible to the common people. This special app also

New study discovers 30 significant risk factors and five protective factors during and after pregnancy that are more likely to cause psychotic disorders in offspring.

Elk have antlers. Rams have horns. In the animal kingdom, males develop specialized weapons for competition when winning a fight is critical. Humans do

HDFC Asset Management Company Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates - Revised......