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20 lac crore economic package : All key announcements
With a combination of several reforms, fiscal and liquidity measures, finance minister Nirmala Sitharaman today completed the announcement of the last leg of the ₹20 lakh crore economic package announced by Prime Minister Narendra Modi earlier. To improve livelihood for the poor, the Modi government today hiked the MGNREGA budget hiked by an additional ₹40,000…
Covid Impact on Stock Markets
Ever since COVID 19 strike, markets loom under fear as uncertainty prevails. lt has sent markets around the world crashing to levels not witnessed since the Global Financial Crisis of 2008. Following the strong correlation with the trends and indices of the global market as BSE Sensex and Nifty 50 fell by 38 per cent.…
Difficult times for Debt Funds
COVID-19 effects the Debt funds , no more safe to invest.As credit risk funds may see redemption pressure because there are no takers for lower-rated paper, investors can opt for liquid and overnight funds. All investors of debt mutual funds, which have been seen as low risk, are worried after Franklin Templeton Mutual Fund announced…
Jassi Guru 