Tag: 2020, Coronavirus, Impact, India, Lockdown, Pandemic
Covid Pandemic has hit income of 60% households
Covid-19 has hit the income of around 60% households across India. The study, conducted by Nielsen across 12 cities, also discovered that...
RBI’s 8th straight rate cut
The Reserve Bank in an unexpected move, slashed benchmark interest rates to their lowest levels since 2000 and extended the moratorium on...
Markets: FY20 Worst Year Since 2009
India’s main stock indices in FY20 logged their worst performance in a financial year since the fiscal ending March 2009 as the turmoil...
AT1 bonds decoded
Additional Tier 1 bonds, also called AT1 in market parlance, are a kind of perpetual bonds without any expiry date that banks are allowed...
Multiple slabs in tax regime in line with global practice
The government has sought to allay fears over multiple slabs in the proposed new tax regime, which comes with the option of an...
EPFO reduces interest rate
Retirement fund body Employees Provident Fund Organisation lowered the interest rate on deposits to 8.50 per cent for the current financial...
Sebi tightens norms for investment advisers
The markets regulator barred investment advisers from simultaneously selling financial products and advisory services, and capped the fees...
NSE Indices rejig
Shree Cement will replace private lender Yes Bank in the benchmark index Nifty 50 from March 27, NSE Indices said. Further, Vodafone Idea,...
India’s Savings Rate Plunges to 15-Year Low
India’s slowing economy took a toll on much-needed savings too, with the savings rate touching a 15-year low, and household savings also...
Which tax regime is better?
The budget has proposed an alternate income tax structure. While it has indeed widened the tax slabs and reduced the tax rates, taxpayers...
