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Coronavirus pandemic impact: Keep your investments liquid and focus on short term goals

Any investment decision during this period should be made factoring in the short-term goals of an individual.




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

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




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1.34 lakh Indians return, government watching situation in Saudi Arabia

Asked whether Indians are being targeted abroad, Overseas Indian Affairs Minister Vayalar Ravi said, "One cannot make such a general statement."




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1700 Indian workers arrested or deported from Kuwait: Government

The minister said the government has already set up an Indian Workers Resource Centre in Dubai and will set up two more in Saudi Arabia and Malaysia.




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4870 Indians return from Saudi after job-related issues: Government

V K Singh said presently, a section of Indian workers facing difficulties in two major Saudi companies -- Saudi Oger and the Saad Group -- are being brought back to India.




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Paytm Payments Bank crosses Rs 600 crore in fixed deposits

"During this period of volatility in other asset classes, a large number of PPB bank account holders are moving their savings into fixed deposits during the ongoing lockdown," stated Paytm Payments Bank.




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How to withdraw money from NPS account for treatment of coronavirus infection

The PFRDA, in a circular dated April 9, 2020, has declared coronavirus infection as a critical illness that is life-threatening in nature. Accordingly, partial withdrawal from NPS has been allowed for covering expenses related to the treatment of COVID-19.




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Why you need to supplement 'indemnity' health covers with 'defined-benefit' health insurance plans

For complete protection from rising medical costs, one needs both indemnity as well as defined-benefit type of health plans.




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Growth or Re-investment or Payout? Clear the confusion

Take a marathon for instance; while one runner may have a calculative approach, another might count on his unmatched stamina to run for miles together without stopping - but both could be champions in the same sport, just that their approach is different.




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Play the balancing act of gymnastics in your investments!

Gymnastics is a great combination of strength, balance, flexibility and grace.




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The Great Escape: 9 exploited in Yemen steal boat, set sail for India

Nine Indian fishermen who were allegedly harassed and not paid by their employer in Yemen for nearly a year have escaped that country by stealing their employer's boat and sailing for Kochi, a peril-filled voyage of than 3,000 km of open sea, according to the families of two of the fishermen.




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Ulip holders may get option to stagger maturity payments to cushion current stock market impact

Where unit-linked policies mature and fund value is to be paid in lumpsum, Life Insurers may offer staggered settlement option to policyholders. This onetime option is regardless of whether such option exists or not in the specific product.




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Health insurers must decide coronavirus treatment requests within 2 hours: IRDAI

The Insurance Regulatory and Development Authority of India (IRDAI) has issued norms for general and health insurers for quick settlement of claims filed by policyholders for coronavirus (COVID-19) disease/infection.




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You may be allowed to pay health insurance premium in instalments amid coronavirus outbreak

You may now get the option from your insurer to pay your health insurance premiums on a monthly, quarterly or half-yearly basis in addition to the current option of paying premiums on an annual basis amid coronavirus outbreak.




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Government suspends all visas, bars travel by OCI card holders

The Home Ministry also said it has kept in abeyance multiple-entry life-long visas given to Overseas Citizens of India card holders till international travel remains suspended.




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Income Tax department may ask NRIs to explain 'bloated' income

Clarification that overseas earnings of bona fide workers won’t be taxed is ambiguous, say experts.




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How women can bridge the large gender pay gap

Your career is undeniably the biggest investment of your working life. Where the gender pay gap exists, it means that for the same work, you are getting a lower salary due to your gender. Progressive workplaces understand and take steps to fill this gap.




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Stocks in news: Apollo Tyres, Rites and India Cements

Stocks in news: Apollo Tyres, Rites and India Cements





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Govt may eye Rs 1.5 lakh crore divestment in FY21: Sources

Govt may eye Rs 1.5 lakh crore divestment in FY21: Sources





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Use all your entitlement; tax saved is money earned, says Dhirendra Kumar

Use all your entitlement; tax saved is money earned, says Dhirendra Kumar





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Tech investments aimed at making Jio a solid digital company: Axis Securities

Tech investments aimed at making Jio a solid digital company: Axis Securities





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Very sharp U-shaped recovery is a strong possibility: ASK Investment Manager

Very sharp U-shaped recovery is a strong possibility: ASK Investment Manager





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WHO recommends a ‘solidarity trial’ to speed up vaccine

Participants will be enrolled continuously during the trial and vaccine candidates that are not working will be dropped from testing.




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Fino Payments Bank logs 80 per cent plunge in domestic remittances

The payments bank sees average monthly remittances of close to Rs 5,000 crore from daily wage earners working in various factories, construction sites, small businesses, plumbers, carpenters, cab drivers, among others.




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Government OKs abolition of 9,000 MES posts

“The minister cleared the proposal by the engineer-in-chief of MES, in line with the Shekatkar Committee recommendation to restructure the civilian workforce in a manner that the work can be partly done by departmentally employed staff while the rest is outsourced,” said an official.




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KLO recruitment module busted in Assam, seven militants held

"The apprehended extremists include the recruitment module operational head Lankeshwar Koch alias Lambu, a Myanmar-trained self-styled area commander of Lower Assam. Four Bangladesh-trained militants and two newly recruited cadres were arrested," the spokesman said.




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India Inc’s traditional CSR may end up in containment

With donations to the PM-Cares Fund and Covid-19-related relief work eligible to be considered CSR expenditure, most companies are likely to nearly exhaust their current CSR budgets after donating to this fund or related relief work.




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Birlas to challenge Harsh Lodha's reinstatement as director in MP Birla Group firms

The decision of the Birlas comes in spite of a favourable verdict from a two-judge division bench of the Calcutta High Court which on Monday had asked the probate court to hear the appellant MP Birla Group companies afresh, which was one of their key petitions.




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ISRO invites proposals for development of technologies for human space programme

The Directorate of Human Space Programme of the city- headquartered ISRO has sought proposals for 18 tentative technology development areas. Four Indian Air Force fighter pilots are currently under training in Moscow and are likely to be potential candidates for the first manned mission to space.​​




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How a tiny widget waylaid the world’s biggest science experiment

The tale of ITER’s missing shims shows how even the best-laid contingency plans have had to be rewritten.




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How to beat lockdown blues: What sports psychologists recommend for athletes

The Covid-19 outbreak brought the world to its knees, leading to sealing of borders, ban on travel, and postponement or cancellation of all major sporting events. So, here they are now, confined to their homes with the Games delayed by a year, no competitions, no proper training and no sign of light at the end of the tunnel.




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India loses hosting rights of 2021 men's world boxing championships

"After New Delhi didn't fulfill its obligations to pay host fee as mentioned in the Host City Agreement terms, AIBA has terminated the contract. Therefore, India would have to pay a cancellation penalty of USD 500," the AIBA said in a statement.




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Gold price gains as poor macro data hit risk sentiments

Spot gold markets remained shut due to the lockdown to prevent the spread of coronavirus, according to HDFC Securities.




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There is a big misconception that single women aren’t contented: Journalist Kalpana Sharma

In a telephonic interview Mumbai-based Sharma talks about her own experiences as a single woman and what has changed for single women over the years and what hasn’t.




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No correlation seen between Jio investments and chances of Aramco deal: Axis Securities

‘This deal will probably give Jio access to a lot of enterprise software providers’




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Investors lapping up consumer, insurance, pharma & telecom stocks due to earnings certainty: ASK Investment

‘Investors focusing on predictability, sustainability and better quality businesses’




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States to which migrant labourers are returning must use this to attract investment: Vikram Kirloskar

'Moratorium will probably have to get extended in a lot of cases.'




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Investments in construction projects may drop by 30 pc in FY20 if lockdown extends till June

According to the consulting firm KPMG, in comparison to the economic crisis of 2008, the government now has limited options to undertake corrective interventions owing to the financial stress which was already prevalent in the pre-COVID-19 period.




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Realtors allege cartelization by cement, steel companies

The Confederation of Real Estate Developers' Association of India (Credai) has written to minister for housing & urban affairs Hardeep Singh Puri, seeking urgent measures to control the hike in the prices of cement and steel amid the ongoing pandemic crisis.




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Realtors body Credai reports 40-50% hike in cement, steel prices; alleges cartelisation

Realtors' apex body Credai on Saturday said cement and steel rates have increased by 40-50 per cent in last few weeks despite the lockdown and alleged price cartelisation and unfair trade practices by the manufacturers.




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Karnataka government conditionally permits garment units to operate in red zones

The government had recently allowed certain industrial activities other than in the containment zones to operate, while relaxing the COVID-19 induced lockdown in the state.




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States get Rs 102.7 crore as upfront payment for coal mines

The amount towards upfront payment to the coal-bearing states i.e. Chhattisgarh, West Bengal, Madhya Pradesh and Odisha was sanctioned, an official said.




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India Cements partially resumes operations at manufacturing facilities

Cement manufacturer India Cements said it has adopted a series of precautionary and safety measures at its facilities including compliance with standard operating procedures and other measures as advised by government authorities.




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Department of Justice Awards More than $16.5 Million in Public Safety Funding

Office on Violence Against Women (OVW) Acting Director Laura L. Rogers today announced awards of more than $16.5 million to support public safety efforts in the Northern District of Texas. Funds will help law enforcement agencies, local cities and counties, campus safety, and victim service providers and domestic violence shelters fight gun, gang, drug and domestic and sexual violence and bring criminals to justice.




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Department of Justice Awards More than $122 Million in Public Safety Funding to Michigan

Today, the Department of Justice announced awards of more than $122 million to support public safety efforts in Michigan. The funds will help law enforcement agencies and community organizations in jurisdictions across the state fight gun, gang, drug and sexual violence, and bring criminals to justice.




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Department of Justice Awards More Than $29 Million in Public Safety Funding to Northern District of Ohio

The Department of Justice today announced awards of more than $29 million to support public safety efforts in the Northern District of Ohio. The funding from the Office of Justice Programs (OJP), Office on Violence Against Women (OVW), and the Office of Community Oriented Policing Services (COPS) will support violent crime reduction, opioid/substance abuse reduction efforts, victim services, transitional housing for domestic violence victims, law enforcement activities, justice mental health, and juvenile justice.




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Department of Justice Awards More than $165 Million in Public Safety Funding to the State of North Carolina

The Department of Justice today announced awards of more than $165 million to support public safety efforts in the state of North Carolina. The funding from the Office of Community Oriented Policing Services (COPS), Office of Justice Programs (OJP), and Office on Violence Against Women (OVW) will support violent crime reduction, opioid/substance abuse reduction efforts, school safety, victim services, transitional housing for domestic violence victims, law enforcement activities, justice mental health, and juvenile justice.




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Department of Justice Awards Nearly $38 Million to Reduce Crime, Improve Public Safety in West Virginia




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Justice Department Commemorates Sexual Assault Awareness and Prevention Month




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Department of Justice Begins First Distribution of Funds Recovered Through Asset Forfeiture to Compensate Victims of Western Union Fraud Scheme

The Department of Justice announced today that the Western Union Remission Fund began its first distribution of approximately $153 million in funds forfeited to the U.S. government from the Western Union Company (Western Union) to over 109,000 victims located in the United States and abroad. These victims, many of whom were elderly victims of consumer fraud and abuse, will be recovering the full amount of their losses.