We are in unprecedented times of a pandemic COVID19. We are in a never before seen situation. Never ever before, India went into a total lockdown, malls were shut, trains halted, the ever so bustling Mumbai Locals screeching to a halt. THIS IS HAPPENING NOW. We are managing it the best we can and are evolving into something new, everyday.
As per the new amendment, FDI investments into Indian companies from the neighboring countries that share a land border with India will now require government nod. Also, transfer of ownership of any existing or future FDI in an entity in India, directly or indirectly, resulting in the beneficial ownership will also require Government approval
The wheel of the economy has halted due to lockdown, therefore, there is no additional money that will flow in the economy, it will just change the hand. The baking system is also suffering. Here is how we can help maintain liquidity.
Investing has become increasingly important over the years, because the way forward for Social Security benefits becomes unknown.
Saving money is an art that not everyone knows. Here are 8 simple ways to save your money.
RBI announced 3 months EMI Moratorium on loans. However, deferring the payment of EMI will only lead to an increase in the cost of the loan.
RBI governor vide Press Conference dated 27.03.2020 has discussed about various relaxation due to COVID 19.
As we all are aware about the current scenario that the World Health Organization declared Novel Corona Virus (COVID-19) a pandemic on 11th March 2020, causing huge impact on people's lives, families and communities.
IMPACT OF LOCKDOWN ON INDIAN ECONOMY
As we all know that RBI vide Notification dated 27th March, 2020 has announced a COVID-19 Regulatory Package which includes Reschedule of EMIs falling due during the period of March 1st ,2020 to May 31st 2020 to provide relief to the borrowers and to mitigate the burden of debt servicing and also to ensure the continuity of viable businesses.
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