Corona Kavach is an individual and a family insurance policy that was launched on July 10, 2020, and offered by both general and health insurers. The term of the policy is from three-and-a-half months to nine-and-a-half months, with the maximum sum insured amount at ₹ 5 lakh. Cases of corona-virus are increasing day by day, so in this pandemic situation on Tuesday 21st July … [Read more...]
How to claim online EPF if you need money due to COVID-19
People are facing a financial crisis due to pandemic of COVID-19, thus the government of India has announced that EPF members can withdraw a certain sum from their EPF (Employees' Provident Fund) account from the online portal of Employees' Provident Fund. The government has notified amendments in EPF scheme rules related to the withdrawal of funds from EPF accounts to deal … [Read more...]
India’s GDP growth for Quarter 4 slows to 3.1%, FY 2019-20 at 4.2%
India's economy grew at 3.1% in the Q4 ending March 31, 2020, as economic activities were impacted due to the outbreak of the Corona-virus pandemic. As per the government data released on Friday 29th May 2020 it is lowest in the last 44 quarters. Fourth-quarter GDP numbers released by the statics department of the country are in sharp contrast with the advanced estimates … [Read more...]
Why crash in the crude oil price does not affect on petrol prices
This pandemic outbreak of COVID-19 hit prices of crude oil. Where the corona-virus destroyed everything such as human life and business etc. then the news arise on Tuesday that the crude oil prices had fallen below zero first time since 1986 in history. The fall comes despite the recent output reduction deal between the Organization of Petroleum Exporting Countries (OPEC) and … [Read more...]
Bounce back of the stock market in the pandemic situation
COVID-19 cases are increasing day by day, today its 14th day of lockdown in India. There are total numbers of cases are 5,194 and death cases are 149 in India. We already discussed in our previous blogs that how Corona-virus affects the economy. COVID-19 had pushed down the stock market with full force. As per a report by The International Labor Organization (ILO) in its second … [Read more...]