What portion of your salary should you spend on loan EMIs?
Most people buy a house or a car by taking a loan from the bank, but do you know what is the maximum portion of your salary that you should spend on EMI? What is the 40 percent EMI rule? What are the disadvantages of spending more on EMIs? Among home loan, personal loan, auto loan and credit card bills, which loan should you eliminate first?
India saw a single-day rise of 41,831 new Covid-19 cases, taking the tally to 3,16,55,824, while the number of deaths had risen to 4,24,351 with 541 daily fatalities. The cumulative vaccine doses administered in the country has crossed 47 crore, according to the health ministry’s update on Sunday.
A staggered increase
Registering an increase for the fifth consecutive day, the active cases have now climbed to 4,10,952 and comprises 1.30 per cent of the total infections.
An increase of 2,032 Covid cases has been recorded in the total number Covid-19 caseload in a span of 24 hours. Also, 17,89,472 tests were conducted on Saturday, taking the cumulative tests conducted so far for detection of Covid-19 in the country to 46,82,16,510, while the daily positivity rate was recorded at 2.34 per cent .
The number of people who have recuperated from the disease surged to 3,08,20,521, while the case fatality rate stands at 1.34 per cent, with the Cumulative vaccine doses administered, touching 47.02 crore under the nationwide vaccination drive. The national Covid-19 recovery rate was recorded at 97.36 per cent, data showed.
Fatalities and Deaths
The 541 new fatalities include 225 from Maharashtra and 80 from Kerala and 68 from Odisha.
A total of 4,24,351 deaths have been reported so far in the country, including 1,32,791 from Maharashtra, 36,562 from Karnataka, 34,076 from Tamil Nadu, 25,053 from Delhi, 22,756 from Uttar Pradesh, 18,136 from West Bengal and 16,293 from Punjab.
The health ministry stressed that more than 70 per cent of the deaths occurred due to comorbidities.
“Our figures are being reconciled with the Indian Council of Medical Research,” the ministry said on its website, adding that state-wise distribution of figures is subject to further verification and reconciliation.