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Sony cuts television prices up to 20% to spur demand during Covid-19

The company has cut prices anywhere from Rs 2,000 on the smaller screen televisions going up to Rs two lakh on a flagship 85-inch model apart from rolling out long tenure no-cost EMI schemes and bundling offers. It has launched a new 85-inch model at Rs 5.9 lakh bringing down its earlier pricing structure of Rs 10 lakh in this screen size.




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Union Bank of India cuts MCLR by up to 15 bps across all tenors

Union Bank of India announced reduction in its MCLR up to 15 basis points across all tenors, effective May 11. Overnight MCLR has been reduced by 15 bps to 7.15 per cent from 7.30 per cent and one-month MCLR by 10 bps to 7.25 per cent.




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Lockdown period not to be counted for determining residency status of NRIs, foreign nationals: CBDT

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




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Donations to Shri Ram Janmabhoomi Teerth Kshetra eligible for exemption from income tax

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”.




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Young working professionals to cut down expenses as post-Covid world brings uncertainty, job loss

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




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Managing innovation

Such animosity explains why most executives believe that any significant innovation initiative requires a team separate and isolated.




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Trump's plan to suspend immigration would affect Indians waiting to migrate to US

Trump's plan to temporarily suspend immigration in view of the Covid-19 pandemic and to protect American jobs, has shocked Indian IT companies and technology professionals. As they anxiously await how the restrictions will pan out, New York-based immigration lawyer Cyrus D Mehta explained its likely impact.




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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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Lockdown forcing you to stop SIP in mutual funds? Try the pause option first

You should explore the `pause your SIP’ option offered by mutual funds before finalising to stop your mutual fund investments through SIPs.




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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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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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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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Best risk-protection tools for investors in a bear market

Knowing and following the fundamentals takes much of the risk out of investing.




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Growth or Re-investment or Payout? Clear the confusion

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.




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Can football help you build your portfolio?

To talk about investments in parlance with football; an investment without a goal is like a game of football with one - it'll basically have no meaning.




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Kuwait processing applications from Indians under amnesty scheme: MEA

Kuwait has announced an amnesty till April 30 for those who do not have valid residency permits in the country. The initiative allows such people to leave the country without paying any fines.




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COVID-19: Indian missions in UAE open online registration for its citizens who wish to fly home

"It is informed that the Embassy of India, Abu Dhabi and the Consulate General of India, Dubai, have started a database to register Indians wishing to travel back to India under COVID-19 situation. The details can be entered through the website of the Embassy by following the link 'Register in Database of Indians to Travel Back to India under COVID-19 situation'," India in Dubai tweeted.




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Ulip holders may get option to stagger maturity payments to cushion current stock market impact

Where unit-linked policies mature and fund value is to be paid in lumpsum, Life Insurers may offer staggered settlement option to policyholders. This onetime option is regardless of whether such option exists or not in the specific product.




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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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India studying Donald Trump's executive order on immigration

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.




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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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Coronavirus: US announces relaxations for H-1B visa holders and Green Card applicants

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




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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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No intention to tax global income of NRIs in India, says FM

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.




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The evergreen board games in their digital versions

At a time of uncertainty, people are seeking comfort in friends and the familiar - which also includes a collection of board games, we used to play as children. Here're some of the most popular online board games in India that have been offering refuge to people seeking entertainment during these testing times.




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Finding a new job in a recession will be a challenge. Here's what you should do

If the economy tanks into a recession, you and everyone else are at risk of losing his job. Finding a new job in a recession will be a massive challenge and hence you need a battle plan.




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From pay cuts to job security, answers to six questions you have about covid and your career

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.




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Stocks in news: IndiGo, Biocon, L&T and M&M

Stocks in news: IndiGo, Biocon, L&T and M&M





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HDFC Q3 profit jumps 4 times; provisions spike

HDFC Q3 profit jumps 4 times; provisions spike





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IOC Q3 net profit at Rs 2,688.54 cr

IOC Q3 net profit at Rs 2,688.54 cr





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PNB Q3 Earnings: PSU lender reports Rs 492 cr loss on higher provisioning

PNB Q3 Earnings: PSU lender reports Rs 492 cr loss on higher provisioning





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Axis Bank Q4 results: Net loss at Rs 1,388 cr on Covid-19 provisions

Axis Bank Q4 results: Net loss at Rs 1,388 cr on Covid-19 provisions





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

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





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GST collection at Rs 1.03 lakh cr in December

GST collection at Rs 1.03 lakh cr in December





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RBI advises Ministry of Finance against PSB recapitalisation in Budget 2020

RBI advises Ministry of Finance against PSB recapitalisation in Budget 2020





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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: Compensation shortfall seen at Rs 30K cr, next Council meet to take up the issue

GST: Compensation shortfall seen at Rs 30K cr, next Council meet to take up the issue





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

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





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India's Q3 FY20 GDP growth inches up at 4.7% vs 4.5% in previous quarter

India's Q3 FY20 GDP growth inches up at 4.7% vs 4.5% in previous quarter





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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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Union Budget 2019: Here's key demands, expectations of Foreign Investors

Union Budget 2019: Here's key demands, expectations of Foreign Investors





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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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Delhi BJP seeks Arvind Kejriwal's clarification over "underreporting" of Covid deaths in capital

Delhi BJP president Manoj Tiwari on Saturday expressed concern over reports of "underreporting" of deaths due to Covid-19 in Delhi and asked Chief Minister Arvind Kejriwal to clear the air about it.




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Pakistan eases nationwide lockdown even as coronavirus cases rise

The first phase of easing lockdown began as the government announced removing restrictions by allowing more business to open and operate from dawn to 5pm.




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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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Trump administration tightens visas for Chinese reporters

The Trump administration is tightening visa guidelines for Chinese journalists in response to the treatment of U.S.journalists in China, as tensions flare between the two nations over the coronavirus.




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

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





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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