The global economy is already in recession. Travel and tourism, restaurants, movie theatres and scores of other businesses have suddenly come to a standstill.

Many individuals have become extremely careful about their personal finance in the wake of Covid-19 pandemic and mounting concerns about possible job and pay cuts. Many of them have suddenly turned enthusiastic investors.

If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

Premium paid towards health insurance for self, family and parents not only provides financial help in case of medical emergencies but also reduces tax liability.

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.

Each scheme has a specific investment objective that tells investors what the scheme aims to achieve - it can be capital appreciation, regular income, liquidity etc.

The two primary forms of growth of a mutual fund scheme is either the growth of the Net Asset Value (NAV) or if the fund regularly declares dividends.

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.

An alternate option, in this case are Equity Linked Saving Schemes (ELSS) or tax-planning mutual funds as they are popularly known.

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.

"To support customers during this time where their car/bike will not be in use, Acko General Insurance has decided to not charge insurance for one month and has announced an industry-first initiative that gives a one-month insurance extension to car and bike owners," Acko General said.

The policy does not stay in force unless renewed. This means any claim filed during the grace period is not considered by the insurer for the settlement. It is advisable to renew the policy before the renewal date is missed or the grace period starts

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.

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.

The temporary suspension of immigration will affect those who are legally seeking entry into the United States for employment but it will not impact the ones who are already living in the country, the order said.

All existing visas issued to nationals of any country who have not yet entered India, will remain suspended till prohibition on international air travel of passengers from/to India is lifted. Exceptions include Visa issued to diplomats, official passport holders, those in UN/international organisations, and those on Employment and Project visas.

Millions of Indian workers are staring at an uncertain future as Covid shuttered businesses and crashed oil.

The headcount has now come down from more than 1,000 employees a year ago, with the majority of job cuts in the wake of Covid-19 outbreak that forced shutdowns in the February-April period. The headcount comprises staff on the company’s rolls as well as those on contract and outsourced manpower.

Your manager dreads review meetings as much as you do, because it is an unpleasant task to pass judgment on another person’s contributions and compensation. Here’s how you can make it work well for everyone and ace your annual appraisal.

The ongoing all-India lockdown could be lifted after 21 days or get extended. If the latter happens, the economy will get worse and firms may have to shut shop. Here's how you can achieve career growth even in a lockdown, as you preprare for things to swing either way.

When you consider a new job which appears to give you a higher paycheck, identify the hidden costs that could derail your dreams of saving for your new house. Here’s what you should look at.

Though India does not have similar jobs data reporting structure during this pandemic, it is easy to see that the job market this year will be the most challenging that we have seen in our lifetimes.

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.

Factors will determine if your job profile will evolve. However, don’t expect a change where the business-efficient alternative is to replace you to save nonproductive costs or deal with change in customer behaviour.

Stocks in news: Tata Power, GAIL and Muthoot Finance

Bajaj Auto Q3 Earnings: Profit rises 15% YoY to Rs 1,262 crore

Sensex gains 232 pts, Nifty ends above 9,250; bank, auto stocks rally

Budget 2020: Flat tax-rate without exemptions on FM's table

RBI monetary policy: Factors to watch out for

Transmission of rate cuts to improve further: RBI Guv Shaktikanta Das

RBI cuts repo rate by 0.75% to 4.40% amid Covid-19 outbreak

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

Rajasthan hikes excise duty on liquor

Govt cuts interest rate on small savings schemes by 0.1 pc, effective July 1

Beaten down banking and industrial stocks likely to outperform in near term: Taher Badshah

Rotate your money in telecom, pharma & utilities sector: Krishna Kumar Karwa

Global investors now more confident about India than China: Pacific Paradigm Advisors

Cannot say markets have bottomed out: Nilesh Shah

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

India's battle against Covid-19 is proving to be a harrowing time for the police, who must negotiate anxious families, unruly crowds and an invisible virus.

South Korea's capital has shut down more than 2,100 nightclubs, hostess bars and discos after dozens of coronavirus infections were linked to club goers who went out last weekend as the country relaxed social distancing guidelines.

Covid-19 pandemic: ICMR approves 28 more institutions for Plasma Therapy across country

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

The LRS transactions are currently permitted by banks based on the declaration made by the remitter.

Defence Minister Rajnath Singh on Friday inaugurated the road link from Dharchula, a town in Uttarakhand's Pithoragarh district, to the Lipulekh pass, which is located at an altitude of 17,060 feet at the border between India and China.

The guidelines mandate companies to strictly observe the social distancing protocol, including restricting the number of people in a lift, providing health insurance to workers and random testing for Covid-19.

It took for the company’s HR department to visit the villages and show them the letters of approval received from the ministry of textile, local administration and to explain to the residents how this will help the country’s effort to fight the pandemic. HR departments face the additional task of convincing not just employees but their neighbours too of the hygienic conditions.

On Monday, the court had also said that the order is not sustainable in view of the fact that orders and/or directions were passed interfering with the holding of AGM by the companies that are separate juristic entities without first deciding the issue of jurisdiction.

Production cuts will be most in premium product portfolio as companies expect consumers to curb discretionary spending as the impact of the Covid-19. Manufacturing orders fall by up to 40% year on year as they expect much of current stock to remain unsold till then, company executives said.

The country's largest carmaker Maruti will resume operations at its Manesar plant from May 12.