Tax deadlines, penalties you needn’t worry about

• Deadlines have been relaxed but use the lockdown to take care of your unfinished tasks
• Many of these tasks such as paying due taxes and investing in tax-saving instruments can be done online

How the gig economy hurts the small guy

• Internet startups have moved to protect employee salaries, but who will take care of the drivers and deliverymen?
• As far as drivers and blue-collar workers are concerned, the crisis makes it clear that it’s much safer and more lucrative to seek employment in traditional forms rather than in the gig economy

Coronavirus cases in India near 2,000, death toll at 50. State-wise tally here

• 1965 people are currently affected by Covid-19 in India
• Maharashtra is the most-affected state with 335 cases

India’s coronavirus curve has spiked up, cases could reach 10,000 in two weeks

Tamil Nadu, Maharashtra, and Delhi have witnessed the biggest daily surge in coronavirus cases

India March manufacturing PMI at four- month low of 51.8

• The nationwide lockdown threw normal economic activity out of gear
• Disruption in economic activity has led most economists to project contraction in June quarter GDP

How much tax you currently pay on petrol and diesel

• The retail price of petrol and diesel depends on international product prices
• Other factors include excise duty, VAT and margins

Banks to deposit ₹500 in women Jan Dhan accounts from tomorrow

• And after 9th April, beneficiaries may withdraw any day at their convenience

Kotak Bank’s version of covid-19 impact is scarier than HDFC Bank’s

• The covid-19 outbreak and the subsequent lockdown to contain its spread will no doubt hit every sector of the economy
• The toughest task for Kotak Bank is to protect its balance sheet, which was at ₹3.23 trillion as of December

Customers fret as public, private banks differ on moratorium

• While customers of some banks must opt in for the relief, others will be automatically eligible for it
• Banks will recover the cost once the moratorium is over, resulting in higher EMIs or increasing the tenure if the person can’t afford higher EMIs

Axis Bank offers EMI deferment on loans for 3 months, here's how to avail it

• Axis Bank has also informed that the repayment would resume from June 2020, once the deferment period is over
• The private lender has also advised borrowers whose cash flows are not impacted to opt out from the moratorium by sending an email

Spain reports its highest number of coronavirus deaths in a day

• New coronavirus infections in Spain rose nearly 8% overnight to 110,238
• Spain is close to Italy, the country that so far has the worst outbreak in Europe

'This is absolutely heartbreaking': US records youngest death from coronavirus

• A six-week-old infant has died of complications relating to COVID-19, the governor of the US state of Connecticut has said
• The fast-spreading virus that has caused at least 4,476 deaths in the United States

Chhattisgarh CM orders private schools to stop fee recovery during shutdown

• Bhupesh Baghel has instructed all private schools to stop pressurizing parents to deposit fees of the students during the lockdown
• He had last month issued an order that would ensure general promotion to the students of the state studying from class 1 to 9 and class 11

HUL-GSK merger complete, FMCG giant buys Horlicks brand for ₹3,045 crore

• Apart from Horlicks, brands such as Boost, Maltova and Viva—part of GlaxoSmithKline Consumer—will come under HUL’s umbrella
• HUL dominates Indian market with key brands such as Lux, Rin, Sunsilk, Kissan, among others

HDFC Bank loan EMI moratorium: All your questions answered

• The bank in an email and text message to its customers said the prevailing situation may pose a huge challenge for people
• All HDFC Bank customers who have availed of retail instalment loan or any other retail credit facilities prior to 1st March 2020 are eligible

Debt funds to suit three basic needs

• Select the schemes after evaluating portfolio features and risks
• Keep in mind that higher returns come with higher visible and invisible risks

Tata-Mistry rivalry continues, share pledges latest flashpoint

• Article 75 of Tata Sons’ Articles of Association says the privately held company has the first right to buy if any shareholder decides to sell shares
• The article also empowers it to direct its shareholders to sell their holdings by passing a special resolution

Rupee-dollar exchange rate: Lockdown set to exert further pressure on INR

• The Indian rupee lost 4.6% last month against US dollar
• Outflows in bonds and equities while persistent onshore demand for dollars made matters worse for the rupee

India moves to contain hotspots as cases begin to surge

• State governments take strict action to prevent spread of coronavirus pandemic
• Healthcare infrastructure is cause for concern as Covid-19 cases begin to surge in various clusters

NSE, BSE to be closed today on account of Ram Navami

• Financial markets will resume trading on Friday, 3 April
• The first day of the financial year started on a negative note

US reports its highest single-day death toll from coronavirus

• The US death toll is lower than those of Italy and Spain but above the that recorded for China

As cases rise, makeshift hospitals are the need of the hour

The next 2 weeks will be crucial to such an effort, say experts who have given the govt the blueprint for response efforts

Asian stocks decline; US Equity futures rise

Japanese shares opened lower with more modest declines in South Korea, while the Sydney marke

India's confirmed coronavirus cases breach 1,800-mark, death toll at 41

• 1,649 people are currently affected by Covid-19; 437 new cases have been reported in the last 24 hours
• Maharashtra is the most affected state with 302 cases and nine deaths

India loses premium tag to emerging markets, may take time to recover

• Foreign portfolio investors (FPIs) have always been attracted to the relatively faster growth offered by the Indian economy
• However, that sentiment is coming undone in the recent covid-19 induced sell-off

JEE-Advanced postponed; CBSE promotes students of Class I-VIII

JEE is a two-tier exam system for entry into engineering colleges

RBI's moratorium to hurt corporate borrowers

• SBI says corporate customers who had availed loan will have to pay the 4-month interest by the end of June, failing which they will be classified as Special Mention Account 1
• SBI is exploring the option of initiating a dialogue with Indian Banks' Association to allow restructuring of working capital loans in the case of businesses which have been affected

Apple increases prices of iPhones post GST hike: Details here

• Apple has increased the prices of iPhones by around 5%.
• Other popular smartphone brands like Xiaomi and Oppo have also announced a hike in prices

Authorities tracking mobile phones of people under quarantine, says Kejriwal

• Arvind Kejriwal said strict action would be taken against those people who are not adhering to Delhi government's order on home quarantine
• The Delhi Chief Minister also said his government will provide ration to those who do not have ration cards but have applied for it

Coronavirus: Two patients die in West Bengal; death toll reaches six in state

• West Bengal reported two more fatalities, taking death toll due to COVID-19 infection in the state to six

WhatsApp new feature in beta version: Use same number in multiple phones

• The version 2.20.110 beta for Android comes with the feature which it is still inactive
• This version also sheds light on the feature that was earlier mentioned as 'disappearing messages'

Having a nominee for your MFs can ease the transmission process after death

• In the absence of nomination, the claimants have to provide documents such as death certificate, Will or other proofs of entitlement to be able to establish their claim on the mutual fund units
• You can change the nomination anytime after it is made by cancelling the existing nomination or making a fresh one, which will overwrite the existing one

Opinion | Covid-19 will topple our paradigm of economic value

The crisis should open our eyes to the urgency of capital allocation that serves humanity better

How having a financial plan can help caregivers protect special children

Setting up a trust will take care of basic needs and will also act as a safety net