To understand why savings are up, let us begin with the precautionary motive for savings. When there is visible income stress & heightened uncertainty regarding the future, people cut back on their spending and increase their savings.
The COVID-19 second surge has singed the nation but there is an opportunity to be grabbed with both hands
Currently, 21 ESIC hospitals run directly by ESIC with 3,676 COVID-19 isolation beds, 229 ICU beds and 163 ventilator beds and 26 ESI Scheme Hospitals run by state governments having 2,023 beds are functioning as COVID-19 dedicated hospitals.
The regulator has given time till June-end to brokers for operating the trading terminals from designated alternate locations
"Investors derive comfort when their advisors and fund managers do what is actually being said to them," he said
On April 15, State Bank of India too had informed its customers re-register beneficiaries with accounts in amalgamated banks to avoid payment failures.
Senco Gold and PC Chandra Jewellers both confirmed that light ornaments are more likely to be sold online than conventional 22 carat ornaments
Beds earmarked for COVID-19 patients reach 15,500, another 900 to be added by next week
The Money9 Helpline is a modest attempt to address your concerns and help you take informed financial decisions in uncertain times