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Govt expects over 300% jump in restructured MSME loans by year-end; urges industries to clear dues

Credit and Finance for MSMEs: Nitin Gadkari said that the government has made some decisions to help MSMEs grow in the post-Covid scenario such as increasing their working capital limit by 20 per cent.




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Air India pilots plead govt to give money to pay 3 months’ pending salaries

"The management has completely given up saying there is no money and has no plans on when and how they can pay our wages without Government support," the Indian Pilots Guild (IPG) and Indian Commercial Pilots Association (ICPA) said on Thursday in a joint communication to Puri.




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Khadi and Village Industries’ turnover touches record Rs 88,887 cr in FY-20

"Looking at the performance in the last one year, the turnover of Khadi registered a growth of 31 per cent from Rs 3215.13 crore in 2018-19, to Rs 4211.26 crore in 2019-20. 




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Meizu 17 series go official with 6.6" AMOLED displays, quad cameras and Snapdragon 865

After a lengthy teaser campaign, Meizu finally unveiled its latest flagships with the Meizu 17 and 17 Pro. Spec-wise the two are nearly identical with the Pro featuring better auxiliary cameras, wireless charging and faster RAM. Visually the two are also almost indistinguishable with the only difference being the 17 Pro comes with a ceramic back. These are also the first 5G entries in Meizu's lineup. The Meizu 17 duo is built around 6.6-inch Super AMOLED displays with 90Hz refresh rate and a first for Meizu punch-hole cutout for the 20MP selfie camera. The panels come with an...




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UK Study Visa - University Bodies Seek Improved Experience for Students

A coalition of UK associations at the university level, and a few support organizations, has urged the UK government, for improving the student visa system, in meeting its future goals. The goal is to get 600,000 global higher education students in the…




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Your Queries: Equities tend to deliver positive inflation adjusted returns in long run

Investment gains (in absolute terms) depend on the principal corpus invested and the returns delivered by the fund. Returns are a function of the performance of the asset class invested in.




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Your Queries: LTCG tax on sale of shares depends on holding period

Assuming that the shares are in the nature of ESOPs, they shall be taxed at two stages, once as perquisites in the hands of employees upon allotment and subsequently as capital gains upon sale of the shares.




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Your Queries: Mutual Funds -Balanced funds, hybrid funds can switch between equity & debt

Gold ETFs investors can exit only by selling to secondary market participants on the stock exchange.




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Your Queries: Income Tax -You can offset long term capital loss on share sale against any LTCG

Once tax liability is calculated, you may claim a deduction of TDS/ taxes paid on such rental income, to arrive at net tax demand due.




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Health insurance: Irdai for redefining sub-limit rules in policies

Draft exposure aims to restrict proportionate deduction which would lead to, in most cases, the insured being able to get a higher percentage of the bill reimbursed by insurer




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Your Queries: Loans – banks will charge interest for 3-month moratorium period

The moratorium means in case of cash crunch in these extraordinary times, you may not pay the EMIs but the bank/FI will not classify your loan as a non-performing asset (NPA).




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Covid-19 & your money worries: Tips to handle the impact on your finances

When it comes to surviving financial crisis, focus on what you can control and you can do rather than on what you cannot control or what is not possible to do now




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Your Queries: Continue SIP when markets are falling to benefit from lower price

More units are bought when the market price of shares is low and lesser units are bought when the price is high.




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Your Income Tax Queries: NRIs do not need to quote Aadhaar in ITR or link PAN with Aadhaar

As per Section 44ADA, a resident individual, engaged in any business/ profession can declare income on presumptive basis only if gross receipts do not exceed Rs 50 lakh in previous year.




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Your Queries: 3-month moratorium on education loan; on gold loan also if EMI-based

If you have a high credit score or work for an organisation that has a tie-up with a bank for subsidised interest rates, you can get a lower interest rate.




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CBDT clarifies on TDS deduction by employers on old/new regime

The Budget this year introduced a new income tax regime under which individuals can opt for lower tax rates provided they don’t avail certain exemptions and deductions otherwise available under the law.




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Your Queries: NRIs can’t adjust TDS on capital gains against basic exemption limit

You may avoid double taxation on your income by claiming tax relief if India has signed the Double Taxation Avoidance Treaty (DTAA) with the country of your residence.




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Your Queries: Loans; Interest will be charged on moratorium period

Closing a home loan account involves outstanding loan repayment, signing some forms, request for return of original documents, collecting no-dues certificate as well as the final interest payment certificate.




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LIC sells over 2.19 crore policies in FY20, highest in six years

The Irdai data showed that LIC saw its new business premiums at Rs 1.77 lakh crore in 2019-20 compared to Rs 1.42 lakh crore in the previous fiscal — a growth of 25.17%.




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Reliance Industries Rating: ‘Buy’ as tech and consumer segments form the new core

Q4 Ebitda was in line with estimates; RIL on track to be debt free by end FY21, which could drive rerating; TP revised to Rs 1,618.




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Remain invested in equities via SIP if you have a long-term horizon

Equity markets in India and across the globe have corrected sharply on concerns over global growth amid the coronavirus outbreak.




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Jeep Compass diesel AT Review: Now BS6 but anything still missing?

The Jeep Compass always felt that there was something missing from its firing. Now in BS6 guise, it comes with an automatic transmission but it does cost a pretty penny at Rs 25 lakh ex-showroom for the diesel automatic Limited Plus model. Rahul Kapoor and Abhilasha Singh find out if its worth the price and […]




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Audi A8L Review | Worthy S-Class, 7 Series rival?

Audi A8 L arrived in India earlier this month and the new model gets multiple interesting updates over its predecessor. We drove this luxury saloon recently to find out how much it has bettered than before. Watch this video to find out!




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India to Ease Visa Policies to Boost Service Sector

Indian Commerce and Industry Ministry is planning to frame a comprehensive visa policy to boost service sector of the country. A proposal for the same is being prepared at the Indian Prime Minister’s office. Regarding the proposal, the Indian…




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Vietnam Extends Visa Free Travel to Five Western Europe Countries

The Vietnamese Government has extended visa-free travel by additional year for the travelers from France, Germany, United Kingdom, Spain and Italy. The foreign nationals who visit Vietnam can stay for 15 days. Any passport holder from the countries…




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India extends e-visa facility to 36 more countries

India is riding high on the success of e-tourist visa scheme, after receiving an overwhelming response from the travelers in using the e-visa facility; Indian Government announced the extension of this service to 36 more countries. The proposal has been…




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Israel eases visa policies to attract foreign workers

To address skill shortage issues in its technology sector, Israel has planned to relax its visa regime to attract skilled foreign workers into its country. The  software firms warned that skill shortages are jeopardizing the country’s multi-billion…




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India mulling over change in visa policies to improve service sector

Briefing to the Lok Sabha on liberalizing visa policies, Indian Commerce and Industry Minister Nirmala Sitharaman stated that the Government has a proposal to introduce a new visa regime to boost the service sector. The plan will enhance trade services…




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With an Indian Passport, Get Visa-On-Arrival in 48 Countries

Indian citizens who have their passports can now journey to 46 nations without needing a permit or getting one upon arrival. Germany is the number one nation with the most powerful passport as its citizens can journey to about 160 nations without needing…




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Israeli Embassies Can’t Process Visas Due to Staff Shortage

Israel suffers from a major skilled labor shortage and therefore, announced in 2015, that it will open doors to non-Israeli techies. But the government hasn’t worked in attracting those techies because the country’s embassies are too understaffed…




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Qatar Announced Visa-on-arrival program for 80 countries

Qatar is soon planning to start the world famous visa-on-arrival program for 80 countries including India. The news was first reported by a British news agency, who said that visas will be given for 30 days, 60 days, and 90 days and are renewable. Hassan-al-Ibrahim,…




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VEI is Bringing to Singapore to Solve Start-up Communities Problems

Visa’s Everywhere Initiative in SingaporeVisa’s Everywhere Initiative is a program that solves the payment problems and commercial challenges of start-up communities. At first, the program was started in the USA in 2015 and has expanded it globally,…




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Shari's Café and Pies Uses Data to Slice and Dice Reward Members

The family restaurant chain uses demographic, behavioral, and purchase data to send targeted offers to its rewards members and grow visit frequency and spend among younger customers.




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Data-driven is better: Lessons from handicapping the ponies

Data-driven is a buzzword again. It feels new and shiny but has been around for years. Yet, people still ask what it means to be data-driven. If you wonder why it’s important to be data-driven, you might ask your bookie. Yes, I said your bookie. In thinking about when I [...]

The post Data-driven is better: Lessons from handicapping the ponies appeared first on Government Data Connection.




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Unreal Engine 425 released by Epic Games Brings PS5 and Xbox Series X support and Niagara visual effects system




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PUBG Mobile India Series 2020 registrations start today, offers prize pool of Rs 50 lakh




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Microsoft reveals Xbox 2020 roadmap, Series X gameplay reveal coming May 7




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OnePlus 7T Pro and OnePlus 7 Pro receive deep discounts after OnePlus 8 series launch




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Xbox Series X Gameplay and Titles Revealed




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Coronavirus in Delhi: Arvind Kejriwal launches ‘Delhi Fights Corona’ twitter handle to address COVID 19 queries

Coronavirus in Delhi: The dedicated Twitter handle will be monitored by a team formed by CM Kejriwal himself. The team will gather real-time information from the government hospitals and will ensure authentic inftromation on the deadly contagious disease.




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You are most likely to get infected by Coronavirus in these places, 14 studies conclude

Where does Coronavirus spread the most? At a time when India is likely to end its third phase of Coronavirus lockdown on May 17, there are some points that need to be taken into account while planning the exit strategy.




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Coronavirus pandemic: UN appeals for $6.7 billion to fight Covid-19 in poor countries

U.N. humanitarian chief Mark Lowcock reiterated that the peak of the pandemic is not expected to hit the world's poorest countries for three to six months.




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COVID-19 treatment: Antibodies from llamas could help tackle coronavirus, scientists say

Terming this as one of the first known antibodies to neutralize SARS-CoV-2, Jason McLellan, associate professor of molecular biosciences at UT Austin and co-senior author, made a reference to the virus that causes COVID-19.




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Coronavirus in India: Delhi, Mumbai, 6 other cities hold key to fight against COVID-19, says NITI Aayog CEO Amitabh Kant

The death toll due to COVID-19 in the country rose to 1,783 while the number of cases climbed to 52,952 on Thursday, registering an increase of 89 deaths and 3,561 cases in the last 24 hours, the Union Health Ministry said.




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COVID-19: UN and partners launch $6.7 billion appeal for vulnerable countries

The UN Emergency Relief Coordinator Mark Lowcock launched the USD 6.7 billion appeal on Thursday and updated a global plan to fight the COVID-19 in fragile countries.




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Coronairus: Bharat Biotech-led group to develop human antibodies as therapy for COVID-19 infections

Therefore, an alternate therapeutic regimen for early deployment is critical, the vaccine-maker said in the statement.




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Texas releases salon owner JAILED for reopening despite Covid-19 lockdown – after her case prompts governor to ease penalties

Texas salon owner Shelley Luther has been ordered released from jail after the governor and attorney general protested her imprisonment over violating the state’s lockdown and modified the shutdown orders to exclude imprisonment.
Read Full Article at RT.com




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‘America needs you!’ Comey rallies anti-Trump #Resistance amid meltdown over DOJ dropping Flynn case

The Justice Department’s dropping of charges against former National Security Advisor Gen. Michael Flynn unleashed a torrent of liberal rage. Among those seething at the Trump administration was former FBI chief James Comey.
Read Full Article at RT.com




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Lockdown-inspired suicides on course to DWARF coronavirus deaths in Australia & in time, even in US – studies

The global suicide rate is accelerating as coronavirus-triggered lockdowns supercharge depression and mass job losses push people over the edge. Australian and US researchers have highlighted the threat to their countries.
Read Full Article at RT.com




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British designers create typographic tribute to cities affected by World War II

Designers Liam + Jord have created a series of minimalistic history-inspired “logos” for cities affected by World War II as part of RT’s tribute project #VictoryPages featuring cities such as Moscow, Warsaw, Berlin, and Hiroshima.
Read Full Article at RT.com