The fund house claimed that media outlets quoted its CEO Jenny Johnson out of context.

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

"We have decided to take this initiative to help our customers to overcome this pandemic and drive growth in the housing sector. With this, over 2.35 lakh of our customers will be positively impacted irrespective of their base loan amount," PNB Housing Finance Managing Director and CEO Neeraj Vyas said.

India has allowed discounting of prolonged stay period for determining the residency status in relief for NRIs.

In a notification issued Friday, the Central Board of Direct Taxes (CBDT) allowed tax exemption to donations under Section 80 G of the Income Tax Act, on the grounds that the structure would be a “place of historic importance and a place of public worship”.

Categories like essentials, at-home entertainment, health and insurance continue to show greater resiliency.

Khanna, 43, is the only Indian-American lawmaker to be named to the White House's Opening Up America Again Congressional Group which comprises Congressmen from both the Republican and the Democratic parties.

Renu Khator, an Indian-American university chancellor, has been elected to the prestigious American Academy of Arts and Sciences for her contributions in the fields of education and academic leadership.

BR Shetty landed in Abu Dhabi with $8 in 1973 and turned his sweat into a personal fortune worth billions.

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

From buying mobile phones to placing orders for grocery items Indians are getting hooked on online shopping in a big way.

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.

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

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.

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

The Council also confirmed that the clause of ‘Force Majeure’ will not apply in case of COVID-19 death claims. This step was taken to reassure customers who had reached out to individual life insurance companies seeking clarity on this clause.

"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.

This coronavirus insurance policy is priced at just Rs 156 with an insurance cover of Rs 50,000 for a person aged under 55 years and the cover is applicable at any hospital offering Coronavirus treatment.

Generally, every year in March the health insurance industry witnesses a higher growth in the sale of health insurance policies. This is because people normally rush to buy policies before the end of the financial year to save tax.

Spurred by the insurance regulator to come up with Covid-specific products, several such plans have flooded the market in the past month or so from players such as Star Health & Allied Insurance, Bharti AXA Health Insurance, etc.

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

An individual looking to buy health insurance cover has to make two decisions. The first is whether the entire family needs insurance and the second is about the type of health policy to buy.

Medical insurance should be typically taken for at least one year to cater to any health issue which could commence during the lockdown but extend beyond. However, insurers can also tailor health policies to suit the budgets of small enterprises.

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.

The latest circular by the regulator will help enable the policy purchase and KYC fulfillment process in a distance mode where customers can do it from the comfort of their houses just with the click of a button.

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.

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.

Times may seem bleak, but this too shall pass, and when it does, we will need to get ready for life to return to normalcy. Part of this normalcy will be finances, and for life to move on, it's crucial to make sure savings have not been eaten away through avoidable medical expenses.

Trump has sought a review of the non-immigrant programs, which includes the popular H-1Bs.

The US government has given a grace period of 60 days to H-1B visa holders and Green Card applicants.

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

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.

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

Govt has decided to tax only the income generated by NRIs from the biz in India, leaving their global incomes.

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.

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