The early estimates of job data indicates massive negative impact on the economy, registering the urban unemployment rate soaring to 30.9%. Overall unemployment rose to 23.4%.

Soon after the announcement that EMIs can be delayed in the time of coronavirus crisis, the fraudsters started calling the customers asking for the OTPs to stop their EMI deduction. Both PIB Fact Check and the SBI have tweeted to warn about this.

The Reserve Bank of India (RBI) has announced new measures, including extension of period for realisation and repatriation of export proceeds, to tackle the economic fallout due to Covid-19 pandemic.

After Reserve Bank of India’s (RBI) decision to cut its policy rates, the interest rates on small savings schemes including, PPF fell on Tuesday. The government revised the interest rates on small savings scheme for April-June by anywhere between 70-140 bps.

Every person in this world dreams of owning a home. But houses today are costly. Most of the population cannot afford to pay the entire price at one go. Thanks to the lenders who have made it possible for people to complete this dream. Today, you get home loans very quickly. But what if you already have an ongoing home loan and you need a second home loan? Though there are some conditions you need to fulfil, it is not impossible to avail a second home loan. It is essential to have a good credit score and income to give the assurance of repayment to the lender. Following are some steps that can be followed to avail a second home loan:

The price for international oil slumped to a 17-year low amid lockdown across the world due to coronavirus pandemic. The demand has fallen drastically as people have been staying inside their homes.

Syncing with the moves by global central banks, the Reserve Bank of India (RBI) on Friday slashed the key repo rate by 75 basis points (bps) to 4.4 per cent, to provide some relief and control the economic slowdown in the wake of deadly coronavirus spread. The reverse repo rate now stands at 4 per cent, down 90 bps.

It is well-known that the Indian Income Tax Act-1961 allows various deductions and exemptions when computing your tax liability. Usually, a person would plan this in advance and work around the deductions in a way that can minimize his tax liabilities. There are many tax-saving instruments and investments that can help you save on your taxes. You just have to declare them while filing your taxes.

Amid coronavirus outbreak, major companies suspended their work across the nation; following this Sensex tanked on Monday morning massively.

Two years ago, the government had announced the attractive ‘loan in 59 minutes scheme’. However, as of last year, most banks offering these loans had rejected around 52% of loan applications. That means it is probably a good time to turn to NBFCs for loans and some of the most attractive loan products are offered on Finserv MARKETS.

When it comes to making financial investments, choosing the right investment option is essential. With the right investment choice, you can build your wealth effortlessly and attain your financial goals over time.

Consumers in India started piling up food and essentials after reports of rising coronavirus cases in the nation. The Union Government has assured that there is enough amounts of food foodgrain stocks in federal and state-held reserves, several times the required emergency buffer, to tide over any crisis.

The number of coronavirus cases in India is on a rise and spike has been registered in many other parts of the world too, leading to a decision of countries banning the entry of foreign nationals on their land.

Crisis-hit Yes Bank on Saturday night tweeted that its customers can withdraw money by using their debit cards at its ATMs and also at any other bank's ATM.

Finance Minister Nirmala Sitharaman on Friday said that the crisis in Yes Bank has not cropped up suddenly. "We had been keeping an eye on the bank since 2017," she said at a press briefing on Friday evening.

The Central Government has imposed a moratorium on the Yes Bank, effective from March 5, restricting withdrawal of deposit fund to Rs 50,000. Any kind of withdrawal above the mentioned amount will be granted only after the permission from the Reserve Bank of India.

The second half of the Parliament Budget session will resume from today (March 2). The session is likely to be stormy as the Congress has cleared its intentions and will be demanding the resignation of Union Home Minister Amit Shah over Centre's failure in containing the violence across Delhi and several other states.

New income tax regime can be availed from this financial onwards where tax payers would be able to save more tax on their incomes.