Sunday, March 29, 2020

Government approves insurance scheme for health workers fighting COVID-19

"The medical insurance scheme would include sanitation staff, doctors, Asha workers, paramedics and nurses. These professionals are not considering their own health risks and have been attending to Coronavirus patients," FM announced at a presser.

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Industry wants government to make this financial year a 15-month one due to Coronavirus

Industry experts point out that for all the companies last one month has hugely impacted cash flows and that has resulted in their mark to market. Extension of the financial year may spread the bad period over more months and could help companies recover a bit say experts.

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Banking

The more options we have, more confused we get! The same goes for stocks also, with so many stocks around, investors also get confused. Then how to make the ...

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Make the right choice with Axis Focused 25 Fund

The more options we have, more confused we get! The same goes for stocks also, with so many stocks around, investors also get confused. Then how to make the ...

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Coronavirus: India urges FTA partners to temporarily allow imports without certificate of origin

India has urged the countries, with which it has free trade agreements (FTAs), to allow imports of goods without certificate of origin for the time being as the domestic authorities are currently not issuing the document on account of lockdown due to COVID-19 pandemic.

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Labour Ministry allows EPF withdrawal amid lockdown

The decision is taken in view of lockdown across the country to fight COVID-19. The COVID-19 has been declared pandemic and therefore employees working in establishments and factories across entire India, who are members of the EPF Scheme, 1952 are eligible for the benefits of non-refundable advance.

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Tackling the inevitable: The need for new economic ideas in the time of coronavirus

Once the health emergency is addressed, the world will be left to deal with the inevitable economic threat. The global economy stands upon a mountain of debt in a time when economic growth is nowhere in sight to service them. Innovative solutions will be required to extricate the world out of the crisis.

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Nobel laureates Esther Duflo & Abhijit Banerjee bat for bolder social transfers to fight Covid-19

In an article published in The Indian Express, the duo said that the government should make use of the JAM trinity (Jan Dhan, Aadhaar and Mobile) to directly transfer the benefits into the accounts of people with an electronic receipt.

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CCI revises guidance note for combination applications

The Competition Commission has revised its guidance note for filing applications seeking approvals for combinations, a move that will help make the review process more standardised.

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