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Poke Me: The Supreme Court should have taken a more streetwise look before ordering a 'highway prohibition'

For those of us who’ve lived in Dehradun for decades, the Supreme Court order banning sale of liquor on highways, is the cruellest joke you could play on a small town.




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Poke Me: It may be a mantra, but India’s demographic dividend can become a burden if unattended

India is currently in a sweet spot, with its working-age population expected to grow by a third over the next three decades, at a time when China and Russia will see a fall of over 20% .




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Government approves more amendments to companies law

As many as 72 changes to the Companies Act 2013 have been approved by the Cabinet. Briefing reporters, Corporate Affairs Minister Nirmala Sitharaman said the priority is to "decriminalise" provisions in the Act. Sitharaman, who is also the Finance Minister, said the Cabinet has approved 72 changes to the Act.




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MSME Schemes: Modernizing your business through Credit Linked Capital Subsidy Scheme for Technology Upgradation

Equipping the business with cutting-edge technology is essential to ensure you stay competitive in today’s industrial environment.




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Show me the money: The challenge of raising venture capital

A googly that founders often face from investors is the market they address is too crowded. Now competition is a given, very much like death or taxes, and it’s often better to have competition that validates that the market exists than otherwise.




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You can make digital transactions but cannot transfer money using RBI's newly launched PPI

Unlike the PPIs that are available now, the new instrument can only be used for making retail payments. You cannot use it to transfer funds to other PPIs, make credit card payments and so on.




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4 handy tips to get the most from your gadgets

If you are using a Windows computer with a standard hard drive, sooner or later the computer will become sluggish. One way out is to tweak Windows to perform better with your existing hardware.




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5 accessories to help you get better mobile photographs

You can take your mobile photography to the next level if you have the right accessories. ET Wealth tells you about five must-have add-ons to get creative with mobile photography. Some of them can be purchased from prices starting as low as Rs 199.




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Pressure mounts on BS Yediyurappa to rework govt staff pay

Bengaluru: The Union Cabinet’s decision to freeze the DA of its employees till July 2021 and Kerala’s decision to absorb a month’s salary of its employees to the CM’s relief fund to fight Covid-19 has put pressure on chief minister BS Yediyurappa to bite the bullet.The chief minister or the Karnataka Cabinet is yet to take a call on reworking pay and compensation package of its employees in the face of a sharp drop in revenues, and enormous pressure on the finance department to meet the rising demand for funds for Covid-19-related activities and the farm sector.The chief minister had told ET last week that he will take a decision in two weeks after assessing the situation.Karnataka’s salary and pension bill per month comes to about Rs 5,500 crore, and the state has been able to hold on because of the impressive GST collections last month on account of good business climate in February. The commercial tax department does not have any hopes of decent collections over the next two months because of the host of relief announced by the ministry of finance to dealers on GST remittances. The department can hope to have considerable collections only in June. All other major revenue sources for the Karnataka government such as liquor sales, property and vehicles registration are nearly dry.Several IT companies such as TCS, Infosys and Wipro have deferred annual increments.




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Moratorium on loan EMIs, credit card dues will have an interest cost

People have a lot of misconceptions about what has been promised. Keep these things in mind when you make financial decisions basis the announcements in the relief package.




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ICICI Bank moratorium on debit card EMIs: All questions answered

ICICI Bank, along with issuing details on availing the moratorium on loans and credit card dues, also issued a set of FAQs on moratorium for equated monthly instalments (EMIs) taken on debit cards.




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Kotak Mahindra Bank moratorium on credit card dues: What are the terms and conditions

If you have a credit card from Kotak Mahindra Bank, here are some of the details of its three-month moratorium facility.




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Coronavirus and cybercrimes: Opting for EMI moratorium? Fraudsters are waiting

Banks have been alerting their customers of cyber frauds that can happen while availing EMI moratorium.




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Investors can move these financial transactions online to deal with coronavirus impact

As the country is staying at home to fight against the coronavirus, investors are adapting themselves to the online way of working with their finances.




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Real return on money in SBI saving account is -3% per annum

The recent cut in the interest rate on savings accounts by leading banks has led to higher negative real returns on the accounts balances.




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Common application form issued for PPF, NSC and other small savings schemes

It must be recalled that the finance ministry had revised rules and introduced separate forms for each small savings scheme via a notification in December 2019.




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Moving Moments

When we think of how amazingly things work in the cosmos, it seems revelatory, because it is not something that’s in your face.




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Master of Memories

Dead souls are supposed to drink from this so as not to remember their past lives upon being reincarnated!




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Family finance: Kumars need to stagger some of their money goals till income increases

His goals include building an emergency corpus, saving for his children’s (including another child in future) education and weddings, and retirement.




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Coronavirus & your money: Saving is crucial, so are these 5 expenses

The looming uncertainty caused by coronavirus without a doubt requires cutting down on expenses. You need to start exercising monetary prudence and caution. However, don’t try to cut corners in these five expenses even at such a time.




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Conserving cash to dealing with debt: 6 ways you can fight the covid money crisis

Liquidating assets to pay off debts is recommended only if you find it difficult to pay EMIs.




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Lockdown impacting your income? Do this now so that your future money goals are safe

Incomes of many people, especially those who are self-employed, have been impacted due to the lockdown. To help you through these tough times, here is how you can cut down on current expenses so that your future goals are not at risk.




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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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9 more NRI police stations being set up in Punjab

Punjab Minister for NRI Affairs Bikram Singh Majithia said they were being set up keeping in view the demand for more such police stations by the NRI community.




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New customs form for passengers coming to India from tomorrow

All passengers coming to India will have to fill in a new detailed customs form on their arrival from tomorrow.




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10-year benchmark bond yields fall 14 bps more this week to hit levels last seen in 2009

A hike in taxes on fuels, which will add to government’s revenue, helped lift sentiment.




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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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Managing Tomorrow

“It is information,” he wrote, “that enables knowledge workers to do their job.” This is especially true for executives.




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Canadian permanent residents stranded in India as special flights are only accommodating citizens

In official emails to permanent residents who have enquired about the availability of these flights, the high commission has indicated that at this point, the flights are available only to Canadian citizens and their immediate family members who are permanent residents and accompanying them on the flights.




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Indians among worst COVID-19 affected ethnic groups in England

Figures released this week by the National Health Service England show that of the 13,918 patients who died in hospitals till April 17 after testing positive for the novel coronavirus, 16.2 per cent were of black, Asian and minority ethnic (BAME) background and those identifying with Indian ethnicity made up 3 per cent of that.




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Indian-American lawyer Seema Nanda to step down as CEO of Democratic Party

Seema Nanda has announced her decision to step down as the CEO of the Democratic National Committee, the top administrative position in the main Opposition party, ahead of the presidential elections in November.




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Time to rebalance your portfolio, invest more in equity mutual funds

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




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Which mutual fund should you choose to invest your surplus money?

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.




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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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Acko General Insurance offers one month free auto insurance amid COVID-19 lockdown

"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.




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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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View: Trump’s anti-immigration order busts the model minority myth of desis

Trump’s move, a clear attempt to bolster his base ahead of the US election, shakes the very foundation of the image of America in the minds of many. This is a country where the immigrant story has had its fullest most Technicolor rendition, where politicians routinely boast about their immigrant roots.




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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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COVID-19 thwarts tax planning for several rich individuals and promoters

Virus could hit the way Indian revenue authorities tax their individual, foreign income.




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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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Wherein I Built Some Motherf*cking Cabinets

The only appropriate way to follow that title is this: Hell. Yes.  The last weeks of 2018 were nothing short of a gift. An incredible...




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Stocks in news: SBI, NBCC, Raymond and CERA

Stocks in news: SBI, NBCC, Raymond and CERA





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Tata Motors posts Rs 1,738 crore Q3 profit in dramatic turnaround

Tata Motors posts Rs 1,738 crore Q3 profit in dramatic turnaround





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Hero MotoCorp Q3 net profit rises 14.8% to Rs 880 crore

Hero MotoCorp Q3 net profit rises 14.8% to Rs 880 crore





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Sensex zooms 997 pts, Nifty ends April F&O expiry at 9,860; India VIX posts worst month ever

Sensex zooms 997 pts, Nifty ends April F&O expiry at 9,860; India VIX posts worst month ever





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RBI monetary policy: Factors to watch out for

RBI monetary policy: Factors to watch out for





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GST on mobile phones raised to 18%; small businesses get relief on late fee

GST on mobile phones raised to 18%; small businesses get relief on late fee





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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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India's fiscal deficit hits 52% of budgeted target in first 2 months of 2019/20

India's fiscal deficit hits 52% of budgeted target in first 2 months of 2019/20





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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