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Four ways to review and modify asset allocation in mutual funds

As the financial markets scenario is changing, it is important to review and modify (if needed) the existing asset allocation. However, before going ahead, you should consult your financial advisor.




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Sunday ET: Labour laws: Indians in Gulf forced to return or look for greener pastures

Back home, the workers are looking to start afresh. Their best bet seems to be rehabilitation packages.




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Over 3,500 Indians back from Iraq in last 30 days

There were about 10,000 Indians before the start of the serious strife between government troops and Sunni militants backed by al Qaeda in Iraq.




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Why children of H-1B workers may now have to leave America

The United States Citizenship and Immigration Services receives about 1,00,000 green card applications from high-skilled applicants of Indian origin every year.




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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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YES moratorium: Credit firms can retain ratings of borrowers who couldn’t pay in March

The non-state lender on its part is not reporting such customers to these institutions.




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"Change law that mandates 120 days' stay in India to qualify as NRIs"

A law requiring 120 days' stay in India to claim Non-Resident Indian (NRI) status needs to be changed, an association representing NRIs has demanded, citing economic disruptions due to the coronavirus pandemic.




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Stay home, reflect and be part of something bigger: Sunita Williams to Indian students stuck in US

Indian-American NASA astronaut Sunita Williams has advised Indian students stranded in the US due to the coronavirus-linked global travel restrictions to use the occasion to think how they could be a productive and positive addition to the society.




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5 ways investors are impacted by closure of mutual fund schemes

Investors will receive whatever amount the fund house is able to recover by liquidating the underlying investments in proportion of their holdings in the respective schemes.




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Credit risk funds underperform liquid funds. Why you should stay away from the category?

Credit risk funds have always been vulnerable to its investments of up to 65% (and more) in the lower-rated instruments. To earn higher returns than the rest of the debt categories, the fund manager buys high-yielding, low credit quality bonds.




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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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Chasing trends? May not be a good idea

Trampoline competitors go through stringent training to attempt complex maneuvers which, if not done with a strategy in place, could lead to accidents and falls.




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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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Cyclical mutual funds: Running the relay of business cycles profitably

If you're wondering what could be common between a game of relay and a cyclical mutual fund, there are quite a few to state.




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Asymptomatic Indians cleared by UAE health authorities only to fly back home from Thursday: Embassy

The Indian nationals cleared by the UAE health authorities and found to be asymptomatic will only be allowed to fly back home in one of India's biggest ever repatriation exercises, the Indian Embassy in Abu Dhabi has said ahead of the first set of flights on Thursday.




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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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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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Scope of health insurance coverage to get wider soon but policies may become dearer

Due to the prevailing COVID 19 outbreak, the need for prolonged hospitalisation of almost 2 weeks pushes the claims costs. These factors are likely to influence the pricing of health insurance in the coming years.




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BHARTI AXA General Insurance to offer ‘pay as you drive’ motor insurance policy

Notably, Bharti AXA General Insurance’s proposal for a usage-based motor insurance product was shortlisted by the Insurance Regulatory and Development Authority of India for its regulatory sandbox project.




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Most H-1B employers use programme to pay migrant workers well below market wages: Report

"Among the top 30 H-1B employers are major US firms including Amazon, Microsoft, Walmart, Google, Apple and Facebook. All of them take advantage of program rules in order to legally pay many of their H-1B workers below the local median wage for the jobs they fill," said the report released by the Economic Policy Institute.




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No intention to tax global income of NRIs in India, says FM

In order to avoid any misinterpretation, it is clarified that in case of an Indian citizen who becomes deemed resident of India under this proposed provision, income earned outside India by him shall not be taxed in India unless it is derived from an Indian business or profession.




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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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Why your identity should be more than your day job

Psychology says your identity is the way you define your uniqueness through your past, present and future.




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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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From pay cuts to job security, answers to six questions you have about covid and your career

If the company is planning lay-offs, start circulating your resume and talking to people in the industry without discussing it with colleagues. It is also a good idea to build a contingency fund to help you sail through in case you don’t find a job immediately.




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Stocks in news: SBI, NBCC, Raymond and CERA

Stocks in news: SBI, NBCC, Raymond and CERA





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Sensex ends two-day losing run, Nifty just shy of 9,000

Sensex ends two-day losing run, Nifty just shy of 9,000





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Sensex rises for 2nd day, gains 371 points; Nifty just short of 9,400

Sensex rises for 2nd day, gains 371 points; Nifty just short of 9,400





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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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Insurance cover on bank deposits raised to Rs 5 lakh effective Tuesday

Insurance cover on bank deposits raised to Rs 5 lakh effective Tuesday





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Corona crisis: GST Return filing date for March-May extended till June, relief from late fee, penalties

Corona crisis: GST Return filing date for March-May extended till June, relief from late fee, penalties





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RBI's Monetary Policy Report forecasts global recession, says India's growth outlook "drastically altered"

RBI's Monetary Policy Report forecasts global recession, says India's growth outlook "drastically altered"





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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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Agriculture not going to be impacted badly by lockdown: Niti Aayog VC Rajiv Kumar

Agriculture not going to be impacted badly by lockdown: Niti Aayog VC Rajiv Kumar





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Insurance one of our favourite picks, avoid NBFCs: Manishi Raychaudhuri

Insurance one of our favourite picks, avoid NBFCs: Manishi Raychaudhuri





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Cannot say markets have bottomed out: Nilesh Shah

Cannot say markets have bottomed out: Nilesh Shah





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Be extremely cautious and don't get swayed by the sharp bear market rallies: Dipan Mehta

Be extremely cautious and don't get swayed by the sharp bear market rallies: Dipan Mehta





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LG Polymers says vapour leak caused accident at Vizag plant

The unit of South Korean chemical giant LG Chem said it is committed to working closely with the concerned authorities to investigate the cause of the incident, prevent recurrence in future and secure the foundation for care and treatment. The firm said a special task force has been set up to help victims and families to resolve any issues.




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Maharashtra allows free intra-state bus travel from May 11

The Maharashtra government has decided to make available its bus services free of cost from Monday to facilitate travelling of people stranded in various parts of the state to their homes during the lockdown period, transport minister Anil Parab said on Saturday.




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Germany says Europe wasn't well-prepared

In a statement marking Europe Day, German Foreign Minister Heiko Maas said that initially most countries, including Germany, were focused on coping with the outbreak at home. While defending the national response as “necessary, in order to safeguard our ability to act and then also help other,” he added that the European Union had “grown in the crisis.”




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Covid-19: ‘Prepared for worst situation’, says Health Minister Harsh Vardhan

Covid-19: ‘Prepared for worst situation’, says Health Minister Harsh Vardhan





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Amit Shah dismisses rumours about his health, says he is not suffering from any disease

Amit Shah dismisses rumours about his health, says he is not suffering from any disease





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Afghan peace process: America recognises India's role, says US Envoy after meeting S Jaishankar

Afghan peace process: America recognises India's role, says US Envoy after meeting S Jaishankar





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Mortality rate increases if COVID-19 patient delays in visiting hospital: AIIMS-Delhi Director

Mortality rate increases if COVID-19 patient delays in visiting hospital: AIIMS-Delhi Director





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'Nothing adverse' in overseas remittance data, says CBDT

“The Directorate of Intelligence & Criminal Investigation (I&CI) of the income tax department during August and September 2019 obtained LRS data from several banks in Mumbai and Delhi and verification of the top 100 cases was undertaken. However, nothing adverse was found,” said the report, which was submitted to SIT probing black money earlier this year.




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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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‘Dr Saifullah’ of Wani gang may head Hizbul Mujahideen now

Riyaz Naikoo’s death has left a serious void at the top for HuM and possible successors being considered are "Dr Saifullah" or Abu Musaid, a resident of Malangpora in Pulwama, who was part of the Burhan Wani group of 12 terrorists, and Juniad Sehrai, chief of the Hurriyat’s Geelani faction who joined the terror group in 2018.




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Covid impact: Companies may restrict business travel

Globally, the pandemic has had a far-reaching impact and responsible organisations will choose not to put any employee at risk, feels Dayapatra Nevatia, chief operating officer, Mindtree.




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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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Expired e-way bills biggest challenge for India Inc

India Inc’s first attempts to move goods across states after the easing of lockdown curbs were hobbled by expired e-way bills which made it near impossible for transporters to cross checkpoints.