Coronavirus in India live updates: PM CARES Fund Trust, set up by Prime Minister Narendra Modi to tackle distress situations such as that posed by the COVID-19 pandemic, has reportedly allocated Rs 3,100 crore for fight against coronavirus

India badly needs a stimulus. Here's how to find the money

When you approach a lender for loan against mutual fund, it fixes a loan-to-value (LTV) ratio against it. It varies from one lender to another as per risk involved in the MF scheme and regulatory caps fixed by the RBI

Lack of emergency funds will force you to either go for distress selling of your investments or high-cost borrowing, which will jeopardise all your future goals. One should ideally have an emergency fund which can take care of at least 6 months of expenses

India needs to address massive job losses; strengthen public healthcare for COVID-19 and beyond; develop institutional mechanisms and leadership to respond to emergencies; devolve decision-making and funding to states, local bodies and scale up public spending to infuse life into the economy, all of which call for structural changes

Modi is facing criticism for creating a new coronavirus relief fund PMCares when about $500 million was lying unspent in an older fund, even as top businesses and celebrities pledge millions of dollars in new donations

While widespread poverty and inequality have reduced the capacity of a large population to survive the crisis of health and livelihood, the Indian government needs to get its priorities right to deliver what is expected of it

Coronavirus lockdown 3.0: Shramik Special trains are ferrying thousands of stranded migrant workers across the country. BJP spokesperson Sambit Patra said that Centre is funding 85% of the fare, while states are funding 15%

Coronavirus lockdown 3.0: Subramanian Swamy informed that he had a talk with Railways Minister Piyush Goyal and clarified that migrant workers returning home will not have to pay any money from now onwards

Coronavirus lockdown 3.0: In the last 24 hours, 1,074 patients have been cured, which happens to be highest number of cured patient in a day

Corona lockdown 3.0 live updates: Total number of confirmed COVID-19 cases in Maharashtra reached 12,974; Delhi CM Arvind Kejriwal said it's difficult to sustain lockdown amid heavy economic losses

The government has set up the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES Fund) which would be utilised to deal with any emergency or distress situation such as the coronavirus outbreak

Despite all the brouhaha around PM CARES Fund, it is states that are at the forefront of funding disaster relief and rehabilitation

Employees of CIL have voluntarily contributed one day's salary, which amounted to Rs 61 crore, and the miner donated an amount of Rs 160 crore from its corporate social responsibility corpus to 'PM CARES Fund'

If you are a layman investor, NPS may serve as a great opportunity to commit long-term regular contribution to accumulate substantial corpus by the retirement age

Getting the basics right holds the key. This would involve first acknowledging that a large population has lost incomes, savings and jobs and second, consumption drives the economic growth which had already been weakened even before the pandemic hit

The donations made to the PM CARES Fund would be eligible to receive 100 percent deduction under Section 80G of the Income Tax Act. This simply means that you won't have to pay any tax on the amount donated to PM CARES Fund

It has been opened in SBI's Wodehouse Road Branch in Colaba area of south Mumbai, with account number 39265578866, IFSC SBIN0000572 and MICR 400002087

The social responsibility arm of Cipla, Cipla Foundation, also pledged Rs 4 crore towards coronavirus response programmes, many of which are already underway.

Lockdown in india latest news: Goa Chief Minister Pramod Sawant stated that no new coronavirus cases have been reported in the state since April 3