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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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Indian students with foreign degrees returning home: Lessons India can learn from China

High costs, poor job prospects and wrangles over work permits are persuading a host of Indian students with foreign degrees to return home.




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Growing trend: NRIs return home to work as economy surges

The trend of Indians returning from abroad to work here has picked up pace with the recovery in the country's economy.




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1700 Indian workers arrested or deported from Kuwait: Government

The minister said the government has already set up an Indian Workers Resource Centre in Dubai and will set up two more in Saudi Arabia and Malaysia.




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Why children of H-1B workers may now have to leave America

The United States Citizenship and Immigration Services receives about 1,00,000 green card applications from high-skilled applicants of Indian origin every year.




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PMSes thrilled rich investors in April with up to 26% returns

Almost all the 147 PMSes delivered positive returns to investors during the month.




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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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MF SIP flows slow, equity fund flows halve; liquid funds boost debt AUM

Amfi data released on Friday showed SIP inflows fell 3 per cent to Rs 8376.11 in April.




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​Debt, hybrid mutual funds see large outflows in April; advisors blame Franklin fiasco

The Franklin Templeton Mutual Fund fiasco seems to have hit the debt mutual fund space very hard. The data released by Association of Mutual Funds in India or Amfi reveals that most debt mutual fund categories have witnessed outflows in the last month.




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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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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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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 Tomorrow

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




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The Power of Ideas

Most of us are a lot like those monkeys. On the upside, we learn from one another, we don’t let down our mates, and we get along.




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"Change law that mandates 120 days' stay in India to qualify as NRIs"

A law requiring 120 days' stay in India to claim Non-Resident Indian (NRI) status needs to be changed, an association representing NRIs has demanded, citing economic disruptions due to the coronavirus pandemic.




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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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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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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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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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Three Indian-Americans part of COVID-19 advisory board on New York's re-opening strategy

New York is the epicentre of the pandemic in the US and currently has 295,106 COVID-19 cases with over 17,000 deaths.On Tuesday, 337 people died of the disease in the state.




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Donald Trump taps Indian-American lawyer as US representative to World Bank's lending arm IBRD

Ashok Michael Pinto, who has worked as a Special Assistant and Associate Counsel to former president George W Bush, was on Monday nominated as US Alternate Executive Director of IBRD for a term of two years.




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Stay home, reflect and be part of something bigger: Sunita Williams to Indian students stuck in US

Indian-American NASA astronaut Sunita Williams has advised Indian students stranded in the US due to the coronavirus-linked global travel restrictions to use the occasion to think how they could be a productive and positive addition to the society.




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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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How to use Value at Risk tool to manage a stock’s downside risk

The unabated volatility is intensifying downside risks in investments. Under these conditions, it is worth looking at statistics that can predict the potential loss a stock or a portfolio can suffer.




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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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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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I am a new investor. Where should I invest right now to reap maximum benefits?

The current slump in the stock market presents an opportunity to accumulate more mutual fund units.




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EPF withdrawal: How to check, change bank account details in your EPF account

It is important that your correct bank account with IFSC is linked to your Universal Account Number (UAN) to receive the credit of EPF funds timely.




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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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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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What makes buying life insurance online click?

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




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5 lesser known facts about tax benefits of health insurance

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.




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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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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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Do you want to own a Multi-cap football team?

A multi-cap mutual fund scheme or a diversified equity mutual fund scheme typically invests in stocks across market capitalizations, sectors and styles of investment.




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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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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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No last goodbye for Gulf migrant workers lost to pandemic

Millions of foreigners work in the United Arab Emirates and across the other wealthy Gulf nations, providing the backbone of the workforce in hospitals and banks, as well as on construction sites and in factories.




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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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Force majeure clause won't apply to coronavirus death claims in life insurance policies

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.




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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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How PhonePe's coronavirus insurance policy works

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.




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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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Health insurers must decide coronavirus treatment requests within 2 hours: IRDAI

The Insurance Regulatory and Development Authority of India (IRDAI) has issued norms for general and health insurers for quick settlement of claims filed by policyholders for coronavirus (COVID-19) disease/infection.




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Family floater or individual insurance: Things to consider while choosing a health cover

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.




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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.