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March Newsletter - 2020

  • Mitraz Financial
  • Apr 22 2020
Estimated reading time: 10 minutes 28 seconds

FINANCIAL NEWS EPFO subscribers can withdraw the lower of 75% of their savings or up to a maximum of three months' basic pay and dearness allowance from their PF account - during the current Coronavirus scare. However, the withdrawn amount cannot be reinvested into the corpus after the current situation is over. Unlike, other EPF withdrawals which take anywhere between three days to three weeks, request of withdrawal under the new pandemic rules of the pension fund will be honoured within three days....

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"Whatever it Takes" When, how, and how much – recovery?

  • Satish Anand
  • Apr 22 2020
Estimated reading time: 10 minutes 10 seconds

In this edition, we have covered:Tax Harvesting methods and detailsThe FM's Relief Package for the poorRBI's yet another out of the box effort to ease the credit crunch in the systemHigher weightage to India in the Morgan Stanley Composite IndexLink of the March Newsletter - 2020 at the end of the blogMarket commentary and our take on the current situationThere is a certain unquantifiable fear and because fear is unquantifiable, therefore the aversion by retail investors to believe that whatever...

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Janata Curfew | What To Do During Your Stay At Home Time?

  • Anup Bansal
  • Mar 22 2020
Estimated reading time: 2 minutes 39 seconds

The PM, Mr. Narendra Modi addressed the nation on Thursday and told us that we should not be complacent about #CoronaVirus. He mentioned that we should take every possible precaution including staying indoors and practicing social distance. He exhorted all the citizens to follow #JantaCurfew on Sunday, March 22 between 7 am and 9 pm. He asked us to applaud the medical practitioners, the health workers, the essential services provider who are selflessly responding to the call of duty while being aware...

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Coronavirus Panic, Depressed Markets, Economy Slowdown - This Too Shall Pass

  • Anup Bansal
  • Mar 18 2020
Estimated reading time: 3 minutes 55 seconds

Markets are down by more than 25% since the high recorded in January this year. Malls, cinema halls are shut. Work from home which was a preference of few organizations and privilege of few employees is being instituted widely across. Roads are empty with self-imposed quarantine and, in general, concern about how the Covid-19 spread may progress.My Whatsapp is flooding with messages with skepticism, hope, worry, fear and confusion. I have learnt new terms like social distancing and flattening the...

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Next Steps after the Market Scenario over Coronavirus | Market Commentary

  • Satish Anand
  • Mar 13 2020
Estimated reading time: 6 minutes 3 seconds

In this edition, we have covered details related to SEBI’s initiatives to curb the POA misuse by brokers.SEBI’s amendments to the Investment Adviser Regulations.The finer points on the Viwaad se Vishwaas Scheme of the Union BudgetThe perils of not looking at real inflation.Market CommentaryIt is all about floating above the water level!!Sometimes there is no escape from getting drenched or wet. If one can keep the head above the water level, there is always a 100% chance that at some point in...

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Coronavirus: What Does This Mean For The Indian Market?

  • Satish Anand
  • Mar 7 2020
Estimated reading time: 5 minutes 9 seconds

What is Coronavirus?Coronaviruses are a large family of viruses, including some that cause the common cold to some that cause major diseases such as Severe Acute Respiratory Syndrome (SARS) and the Middle East Respiratory Syndrome (MERS).The coronavirus outbreak came to light when on December 31, 2019, China informed the World Health Organization of a cluster of cases of pneumonia of an unknown cause in Wuhan City in Hubei province.On January 9, 2020, WHO issued a statement saying Chinese researchers...

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