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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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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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Indian-American Ro Khanna appointed to White House COVID-19 advisory council

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.




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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 woman elected to American Academy of Arts and Sciences

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.




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BR Shetty: The staggering rise and incredible fall of a billionaire

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




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150000 Indians register to be repatriated from UAE

The Indian embassy in Abu Dhabi and the Indian Consulate in Dubai started e-registrations on Wednesday night to form a database of those wanting to return to India. Over 50% of the applicants are from Kerala. Malayalees comprise more than 1 million of the 3.4 million Indians in the UAE.




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COVID-19: Indian-American Senator appointed member of committee to address Washington's eco recovery

The committee will consist of four Democrat and three Republican senators. Democratic senators include David Frockt, Manka Dhingra, Christine Rolfes and Rebecca Saldana and Republicans include senators Randi Becker, Tim Sheldon, while one member is yet to be named.




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Analysis of 5 largest debt mutual funds across categories to see if investors should be worried

​​ET Wealth studies the quality of papers held by the five largest schemes of different debt fund categories to see if investors should be worried.




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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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Knocked down by lockdown? Here is how you can sail through

Events such as losses, layoffs, unpaid leaves and salary cuts also affect us mentally, particularly in case of business shutdown. Layoffs or unpaid leaves for a long time can leave us extremely demotivated. This is where our self-belief matters the most; our belief in our self, our attitude and our capabilities.




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In times of stress, debt funds are your friend indeed!

Investors and advisors alike have been very unkind to this Thirteen Lakh Crore category of Mutual Funds, because of one of its sub categories: Credit Risk Funds, managed by Franklin Templeton Mutual Fund.




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Mutual funds to claim tax deduction of Rs 40,000

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




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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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Why you need to supplement 'indemnity' health covers with 'defined-benefit' health insurance plans

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




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Over 13,000 complaints received from Indians working abroad: MEA

Minister of State for External Affairs V Muraleedharan gave data according to which as many as 13,665 complaints were received in 2019 (till October 31), while 17,379 complaints were received in 2018.




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The Great Escape: 9 exploited in Yemen steal boat, set sail for India

Nine Indian fishermen who were allegedly harassed and not paid by their employer in Yemen for nearly a year have escaped that country by stealing their employer's boat and sailing for Kochi, a peril-filled voyage of than 3,000 km of open sea, according to the families of two of the fishermen.




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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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Renewal date for health insurance policies extended but will you be insured in this period?

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




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Post lockdown employers must mandatorily provide medical insurance to employees

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.




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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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COVID-19: All visas, OCI cards for foreign nationals outside India remain suspended

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.




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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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Sensex sheds 310 pts; Nifty ends below 9k; banking, financial stocks drag

Sensex sheds 310 pts; Nifty ends below 9k; banking, financial stocks drag





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Sensex bleeds 2,002 points due to global selloff; Nifty slips below 9,300

Sensex bleeds 2,002 points due to global selloff; Nifty slips below 9,300





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Sensex sheds 242 pts, Nifty slips below 9,200; financials top drags

Sensex sheds 242 pts, Nifty slips below 9,200; financials top drags





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Economic Survey 2020: Here's everything you need to know

Economic Survey 2020: Here's everything you need to know





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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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RBI keeps repo rate unchanged at 5.15% amid accelerating inflation

RBI keeps repo rate unchanged at 5.15% amid accelerating inflation





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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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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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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





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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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FDI flows from neighbouring countries will be affected due to new screening rules: Shardul Shroff

FDI flows from neighbouring countries will be affected due to new screening rules: Shardul Shroff





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Still believe that the market will have a sharp V-shaped recovery: Sunil Subramaniam

Still believe that the market will have a sharp V-shaped recovery: Sunil Subramaniam





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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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Tech investments aimed at making Jio a solid digital company: Axis Securities

Tech investments aimed at making Jio a solid digital company: Axis Securities





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Very sharp U-shaped recovery is a strong possibility: ASK Investment Manager

Very sharp U-shaped recovery is a strong possibility: ASK Investment Manager





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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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WHO recommends a ‘solidarity trial’ to speed up vaccine

Participants will be enrolled continuously during the trial and vaccine candidates that are not working will be dropped from testing.




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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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Donald Trump administration working to temporarily ban work-based visas: Report

The H-1B is a non-immigrant visa that allows US companies to employ foreign workers from countries like India and China in speciality occupations that require theoretical or technical expertise.




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Vizag gas leak tragedy: Tension at LG Polymers plant as villagers protest demanding its closure

Vizag gas leak tragedy: Tension at LG Polymers plant as villagers protest demanding its closure





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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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Coronavirus testing: Over 15 lakhs tested till now for COVID-19, informs Harsh Vardhan

Coronavirus testing: Over 15 lakhs tested till now for COVID-19, informs Harsh Vardhan





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Coronavirus lockdown: 97 trains carrying migrants entered state so far, informs UP Govt

Coronavirus lockdown: 97 trains carrying migrants entered state so far, informs UP Govt





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Lockdown 3.0: Migrant workers clash with cops in Surat, over 100 detained

Lockdown 3.0: Migrant workers clash with cops in Surat, over 100 detained