Asian stock markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 0.6% while the Hang Seng is up 0.9%. The Nikkei 225 is trading up by 1.8%. Wall Street's indices climbed on Thursday, with the Nasdaq erasing losses for 2020, following a clutch of upbeat earnings reports led by PayPal as investors looked past more weak jobs data caused by the coronavirus-induced economic downturn.

Trends on SGX Nifty indicated a positive opening for the index in India with a 91 points gain.

India share markets opened higher. The BSE Sensex is trading up by 542 points while the NSE Nifty is trading up by 158 points. The BSE Mid Cap index and BSE Small Cap index opened up by 0.9% and 0.6% respectively.

All sectoral indices are trading in green with metal stocks and banking stocks witnessing maximum buying interest.

Note that the�coronavirus impact�has shaken markets worldwide. For the�BSE Sensex, FY20 was the second worst year post FY08, the year of the global financial crisis.

Good Time to Start Investing Now?

Naturally, there is an atmosphere of fear all round.

Is it time to sell stocks now? Will the correction get worse?

History has shown that after years like the one we had just now, the next 3 years are good for the markets. In fact, these corrections are the rare times when you find businesses with solid fundamentals at reasonable valuations.

If you can�find good businesses�that can survive the current crisis, you will do well in the long run.

Moving on, the rupee is currently trading at 75.57 against the�US$.

Gold prices are currently trading up 1.7% at Rs 46,161.

Gold prices in India edged lower in yesterday's trade though it remained in a narrow range.

On MCX, June gold futures fell about Rs 30 to Rs 45,340 per 10 gram, extending losses to the third day.

Gold prices had fallen about Rs 426 per 10 gram in the previous session. Silver futures also gave up early gains and were down 0.1% to 41,803 per kg.

In global markets, gold prices edge higher today after a sharp fall in the previous session.

Spot gold climbed 0.3% to US$1,690.19 per ounce, after a 1% fall in the previous session. Despite bleak economic data, the dollar's strength is weighing on gold.

The US dollar today touched a more than one-week high against a basket of major currencies. Besides firmer dollar, some bullion refineries restarted have production, easing supply-side concerns.

Moving on to mutual funds sector. Investors pumped Rs 837.8 billion in equity-oriented mutual fund (MF) schemes in FY20, registering a decline of 25% from the Rs 1.11-trillion inflows in the preceding year.

However, this was the sixth successive year of net inflows in equity mutual funds, according to data by the Association of Mutual Funds in India.

The flows into equity funds in the last fiscal were lower than the flows in 2018-19 primarily because of the equity markets displaying volatility, which made some investors take a break from making fresh equity investments.

Net inflows in these funds were Rs 1.7 trillion in FY18, Rs 703.7 billion in FY17, Rs 740.2 billion in FY16, and Rs 710.3 billion in FY15. However, they had witnessed a net outflow of Rs 92.7 billion in FY14.

To know what's moving the Indian stock markets today, check out the most recent�share market updates here.

The Seychelles Revenue Commission has issued its final Public Ruling 2016-2 to provide clarity regarding the methodology used to calculate the additional special business tax deduction allowed for marketing and promotion expenditure.

Both cars come with eight-speed steptronic sport automatic transmission and a host of safety features like six airbags, attentiveness assistance, dynamic stability control, including dynamic traction control, anti-lock braking system and electric parking brake

The Inland Revenue Board of Malaysia has released new guidance on restrictions to the deductibility of interest expenses.

Cyprus's Tax Department has released details of a tax amnesty, which entered into force on July 3, 2017.

China's Government announced recently that a local insurance company had issued the country's first tax-deferred pension insurance policy, saying it marked the beginning of tax-deferred pension plans in China.

A new pneumonia vaccine that is more effective and less expensive than those currently used in Brazil is being tested in human patients, said researchers

Malta's Minister for Finance, Edward Scicluna, recently announced the launch of a number of fiscal incentives, which are intended to boost the take-up of voluntary private pensions.

Highlights: The Ministry of Health and Family Welfare has proposed changes to the drugs and cosmetics

Myopia or short/near sightedness, which causes damage to the eye and even blindness, can be accessed easily, according to a new article published in iPLOS ONE/i.

Today, Travelodge, the UK's first budget hotel chain celebrates 20 years of trading in Kent, by officially opening its first hotel in Sittingbourne. Sittingbourne Travelodge is the company's 589th hotel and its 16th property in Kent. The purpose built hotel is located in the heart of the town centre, at Bourne Place leisure quarter (which is part of the 'Spirit of Sittingbourne' £326m regeneration programme). The hotel represents a multimillion investment for Swale Borough Council and has created 15 new jobs within the community. Sittingbourne Travelodge features 63-rooms which include a selection of family, double and accessible rooms. The rooms have been designed by Travelodge business and leisure customers and the décor features a sleep inducing colour palette, introduced by a chronotherapy expert. The featured walls are painted a tranquil blue, as research shows our body clock is programmed to relate the colour blue to the hours of darkness, so our metabolism slows down making us ...

Oakwood has opened its third property in Jakarta, Indonesia. The Oakwood Apartments PIK Jakarta features 151 fully furnished serviced apartments offering city and ocean views. The property is located in Pantai Indah Kapuk (PIK) roughly 15 minutes' drive from Soekarno-Hatta International Airport. Facilities include a kids' swimming pool and playground, an indoor and an outdoor swimming pool, fitness centre, and a restaurant. "Following the overwhelming success of Oakwood Premier Cozmo Jakarta and Oakwood Suites La Maison Jakarta, we recognise the need for a complementary product for the capital's increasingly savvy guests," said Dean Schreiber, interim CEO of Oakwood and Managing Director of Oakwood Asia Pacific. "Apartments PIK Jakarta appeals to a growing segment of independent travellers in search of chic and functional accommodation that is furnished with modern essentials. By showcasing a differentiated residential product, Oakwood grows with our guests' evolving aspirations and n...

Extended Stay America, Inc. (NASDAQ:STAY), the largest mid-priced extended-stay hotel brand, announced today the opening of the Extended Stay America - Colonial Heights - Fort Lee, in Colonial Heights, Virginia. The four-story 92-room property features rooms with fully equipped, in-room kitchens with full-size refrigerators, microwave ovens, and cooktops as well as platform beds with storage space beneath, recliners, high-speed Wi-Fi, fitness room, on-site parking, laundry room, and a STAYPLAY oversized lobby. "The Extended Stay Colonial Heights marks the first franchise new build in our system and the sixth property in the greater Richmond-Colonial Heights market," said Bruce Haase, President and Chief Executive Officer, Extended Stay America. "Kara Hospitality has been a great partner, and their Colonial Heights location fits nicely into our strategy of growing our portfolio of properties through franchising opportunities." "This hotel is a fabulous addition to our portfolio and the...

India has been ranked at a lowly 25 among 27 pension systems globally while Denmark maintained the top position for the fifth year, says a survey.

Key findings for Spain from the report "Pensions at a Glance 2019"

Income-poverty rates are high among the over-65s in Switzerland. The effective age of labour market exit is high in Switzerland in international comparison...

Key findings for Switzerland from the report "Pensions at a Glance 2017"

Key findings for Switzerland from the report "Pensions at a Glance 2019"

Price levels for private hospital services in South Africa are comparable to the levels observed across OECD countries. But they are higher than what could be expected given the country’s income, according to a new OECD working paper.

While Salman Khan has always maintained that he will get married whenever he will find the right girl for him, his rumoured girlfriend Iulia Vantur was asked if she is interested in marrying the superstar.

The country profile: pension eligibility ages and other qualifying conditions; the rules for calculating benefit entitlements; the treatment of early and late retirees; personal income tax and social security contributions.

Old-age poverty decreased in Portugal in the final few years of the last decade by more than twice the OECD average. The effective age of labour market exit is high in Portugal in international comparison...

Portugal needs to reform its pensions system to address the challenges of a fast-shrinking workforce and high levels of old-age inequality, according to a new OECD report.

Key findings for Poland from the report "Pensions at a Glance 2017"

Key findings for Poland from the report "Pensions at a Glance 2019"

Conquest, BITS Pilani�s International Startup Conclave, has once again gathered center-stage attraction as the registrations are finally open for the long awaited event.

Packing and transferring to new area using majority of items is not an straightforward task. It should be accomplished using fantastic treatment and commitment to generate the shifting inconvenience free. A lot of function must be carried...

This 4-page online document presents the key findings from OECD Pensions at a Glance 2015 and why it is important for the United States. It also identifies two key pension policy measures which would help improve the performance of pension systems in the United States.

Key findings for the United States from the report "Pensions at a Glance 2017"

Key findings for the United States from the report "Pensions at a Glance 2019"

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Income poverty rates in old-age are relatively low in Canada but have increased over time. Public transfers contribute less to the incomes of the over 65s than capital...

Key findings for Canada from the report "Pensions at a Glance 2017"

Key findings for Canada from the report "Pensions at a Glance 2019"

Key findings for The Netherlands from the report "Pensions at a Glance 2017"

Key findings for The Netherlands from the report "Pensions at a Glance 2019"

The country profile: pension eligibility ages and other qualifying conditions; the rules for calculating benefit entitlements; the treatment of early and late retirees; personal income tax and social security contributions.

This publication compiles a series of articles that focus on the impact of digitalisation and technology in the areas of financial markets, insurance, and private pensions. It also discusses the tools and policies needed to ensure that the challenges posed by digitalisation result in better outcomes and better management of the risks involved.

OECD Secretary-General Angel Gurría welcomed today Andorra’s steps to strengthen international tax co-operation, after it became the 60th signatory to the Multilateral Convention on Mutual Administrative Assistance in Tax Matters

OECD Secretary-General Angel Gurría welcomed today Hungary’s steps to strengthen international tax co-operation after it became the 61st signatory to the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.

Company cars form a large proportion of the car fleet in many OECD countries and are also influential in determining the composition of the wider vehicle fleet. When employees provided with a company car use that car for personal purposes, personal income tax rules value the benefit in a number of different ways.

OECD Secretary-General Angel Gurría welcomed today the Principality of Monaco’s commitment to strengthen international tax co-operation after it became the 84th jurisdiction participating in the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.

In line with the international movement towards more transparency and exchange of information, Mauritius has taken a significant step to enhance its exchange of information legal framework and has signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.

This stocktaking report profiles the tax treatment of funded private pension plans across all OECD and EU countries. The information refers to 2015 or the latest year with available data and covers all types of funded private pension plans in each country.

Public comments are invited on a discussion draft that includes proposals for changes to the OECD Model Tax Convention concerning the treaty residence of pension funds. Comments should be sent by 1 April 2016 at the latest.

On 29/02/2016, interested parties were invited to comment on a discussion draft othat includes proposals for changes to the OECD Model Tax Convention concerning the treaty residence of pension funds. The OECD is grateful to the commentators for their input and now publishes the comments received.

The mission of the French High Commission for Pension Reform is to prepare the reform introducing a universal pension points system in France.

Held in Amsterdam on 7 April 2014, this workshop focused on: long-term pension investment strategies under risk-based regulation; riskiness and pro-cyclicality in pension asset allocation; and, regulatory challenges for long-term illiquid assets.

Addis Ababa - Part of the 3rd International Conference on Financing for Development, this event explored strategies to leverage Africa’s pension funds and other sources of private financing to develop Africa’s infrastructure. Ways to improve the investment climate in Africa using the recently updated Policy Framework for Investment were also be addressed.

Funded Pension arrangements, in particular defined contribution ones, are playing a growing role in complementing retirement income from public sources in OECD countries and worldwide. However, their design needs to be improved, according to a new OECD report.