b

EPFO eases norms for changing date of birth in records, linking UAN with Aadhaar

As per the circular, EPF members can now correct the date of birth up to plus or minus three years instead of one year earlier. This would make the linking of Universal Account Number (UAN) with Aadhaar easier.




b

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.




b

What RBI's announcement today means for your loans and fixed deposit interest rates

The RBI announced a host of measures today aimed at increasing liquidity in the economy.




b

How to use ICICI Bank's voice banking services on Amazon Alexa and Google Assistant

To get the benefit of the voice banking offering, customers need to download the Alexa / Google Assistant and link their ICICI Bank account through a secure two-factor authentication process.




b

SBI's 1-year FD is offering lower interest rate than some banks' savings accounts

Apart from small finance banks, certain private banks are also offering higher interest rate on savings accounts. Banks offering higher interest rates on savings account comes with certain conditions.




b

Good, Bad and Better

He’s also reasonably pleasant looking like herself. Petronella goes to live with him in his castle, leaving the prince stunned.




b

Celebrate Like TTians

Others run eateries, work as tourist guides or practice medicine, law, etc, doing all the stuff we usually do to make a living, but chilled out. What’s the secret?




b

Back to Basics

The tax and revenue department in Washington DC has added a 5.75% sales tax on all clubs, centres or gyms run for the purpose of physical exercise.




b

Use Excel's binomial distribution to assess chance of success of your investments

Applying this to financial markets helps investors to determine their chances of success in a fixed number of attempts (or trials). Another application of binomial distribution is to find out the probability of a company reporting positive growth in the EPS.




b

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.




b

Is Covid hurting your job? Find out how to manage your career and protect your finances

In India, the total number of jobs likely to be impacted is 136 million, as per the NSS.




b

Sunday ET: Labour laws: Indians in Gulf forced to return or look for greener pastures

Back home, the workers are looking to start afresh. Their best bet seems to be rehabilitation packages.




b

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.




b

1.34 lakh Indians return, government watching situation in Saudi Arabia

Asked whether Indians are being targeted abroad, Overseas Indian Affairs Minister Vayalar Ravi said, "One cannot make such a general statement."




b

Fresh drive to help illegal Indian workers in Saudi Arabia

The number of Indians who left during the grace period till October-end is 1,34,281, the Indian Embassy here said in a statement.




b

Over 3,500 Indians back from Iraq in last 30 days

There were about 10,000 Indians before the start of the serious strife between government troops and Sunni militants backed by al Qaeda in Iraq.




b

NRI body seeks rehabilitation package for returnees

The meeting also decided to explore possibilities of setting up an industrial complex in Maharashtra to rehabilitate returnees, Pallykandi said.




b

4870 Indians return from Saudi after job-related issues: Government

V K Singh said presently, a section of Indian workers facing difficulties in two major Saudi companies -- Saudi Oger and the Saad Group -- are being brought back to India.




b

20,000 Indians to return from Saudi Arabia via amnesty scheme

Around 1,500 blue collar workers from Tamil Nadu are among those who are using the amnesty to come back to the country.




b

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.




b

Mahindra unveils online car buying platform

The company in its statement said that in 4 steps, a customer can avail of online exchange, finance and insurance, personalize & own their chosen Mahindra vehicle.




b

Paytm Payments Bank crosses Rs 600 crore in fixed deposits

"During this period of volatility in other asset classes, a large number of PPB bank account holders are moving their savings into fixed deposits during the ongoing lockdown," stated Paytm Payments Bank.




b

Franklin Templeton Mutual Fund apologises unconditionally to Sebi

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




b

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.




b

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.




b

​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.




b

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.




b

PNB Housing Finance cuts retail lending rates by 15 bps for existing customers

"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.




b

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.




b

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”.




b

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.




b

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.




b

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.




b

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.




b

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.




b

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.




b

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.




b

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.




b

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.




b

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.




b

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.




b

Should I invest in these debt mutual fund schemes?

While investing a debt mutual fund, one should make sure the category suits your time frame.




b

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.




b

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.




b

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.




b

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.




b

Best risk-protection tools for investors in a bear market

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




b

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.




b

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.




b

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.