Saturday 29 February 2020

Virus leaves world's richest poorer by $444b | Market outlook for week ahead | Airtel pays Rs 8,000 cr more in AGR dues

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DAILY BRIEF

Sat, Feb 29, 2020

#Coronavirus#SBICardIPO#StockScreener#ExpertViews#StockRecos
TOP OF THE DAY
Nifty outlook: Conditions ripe for pullback, but bears hold sway
The decline was one of the worst since the global financial crisis of 2008.
World's richest lose $444 billion after hellish week for markets
Market crash is valuation play, coronavirus just the scapegoat
Nifty unlikely to go back to 12,000 for a long time now: Shah
Nilesh Shah's tip for investors to navigate coronavirus crisis
Bharti Airtel deposits additional Rs 8,004 crore towards AGR dues
BSE to shift expiry of weekly derivatives contracts to Monday

Top Gainers

NSE
1 company (largecap) appreciated more than 1%
Info Edge 1.02%
More from Gainers

Top Losers

NSE
40 companies (largecap) price decreased more than -5%
Vedanta -12.68%
PFC -12.51%
More from Losers

52 Week High

NSE
14 companies touched new 52-week high today
DIC India Ltd 13.71%
Ruchi Soya Inds 5.00%
More from 52 Week High
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Advertorial7 point guide to choose a Term Insurance based on Claim Settlement records
SBI Cards mops up Rs 2,769 crore from anchor investors
Shares have been allotted at the offer's upper price band of Rs 755 apiece, as per a regulatory filing.
Reliance picks up 37.7% stake in Alok Industries
Premji, Nadar lose nearly $1.5 billion each as markets crash
Mid and smallcaps cede their entire 2020 gains
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Take 5: World market themes for the week ahead
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Raghuram Rajan says Modi is off his mark

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THE ECONOMIC TIMESDaily Newsletter
Sat, Feb 29, 2020 | 05:17 PM IST
#DelhiViolence#Coronavirus#EconomyTracker#Whatsbuzzing
Top stories of the day
Coronavirus leaves world's richie rich poorer by $444 billion Coronavirus leaves world's richie rich poorer by $444 billion
The World Health Organization has thus far refrained from declaring it a pandemic. ...
Truckers, owners pay Rs 48,000 crore a year in bribes
Modi's taken his eyes off the ball, says Raghuram Rajan
COVID-19: Google employee down, Amazon curbs travel
Airtel pays Rs 8000 crore more as AGR dues
How to steer through a coronavirus sell-off
Decoded: Are we growing or slowing?
70:20:10 rule to counter a virus strike

All about tax-saving

4 expenses that can help you save tax under section 80C 4 expenses that can help you save tax under section 80C
If you have incurred any of the below-mentioned expenses in the FY 2017-18, then you can claim deduction for it up to...

Top Gainers

NSE
1 company (largecap) appreciated more than 1%
Info Edge 1.02%
More from Gainers

Top Losers

NSE
40 companies (largecap) price decreased more than -5%
Vedanta -12.68%
PFC -12.51%
More from Losers
More From our Partners
This one change can boost up your business
Mukesh Ambani banks on Modi's reforms to see India through Mukesh Ambani banks on Modi's reforms to see India through
The Sensex crashed nearly 3,000 points in 11 sessions since February 12, when Dalal Street first caught the chill fro...
Mauritius president stopped for excess baggage
Pediatrician gets the second highest rank in Army
Belated ITR filers can't use new tax regime?
Delhi riots: Toll rises to 42, 148 FIRs registered
Govt's total receipts at Rs 12.82 lakh cr in April-January
SBI wants cover for lending to jewellery industry
Malaysia's king appoints Muhyiddin Yassin as PM
Indians will pay $50K more for US investor visa from Apr
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Friday 28 February 2020

Why you should choose your tax-saving options wisely

THE ECONOMIC TIMES
Sat, Feb 29, 2020 | 11:58 AM IST

Tax-saving guide

Why you should choose your tax saving options wisely Why you should choose your tax saving options wisely
Some tax saving instruments may not be suitable for young professionals. Here's why.
Want a safe option to save tax and fund your retirement? Invest in PPF

Since the Public Provident Fund (PPF) has a long tenure of 15 years, the impact of compounding is huge, especially in the later years.

You can save over Rs 1 lakh in tax just via these 4 avenues You can save over Rs 1 lakh in tax just via these 4 avenues
The I-Tax Act, 1961 provides several avenues by way of deductions under different sections of the Act, to help one invest or make an expense to reduce the tax outgo.
Check these 7 tax savers before you invest again

It's always better to plan your tax saving investments in advance than make the wrong moves at the fag end of the financial year.

ELSS Vs PPF Vs FD - What works for you? ELSS Vs PPF Vs FD - What works for you?
ELSS tax saving mutual funds have been getting traction in the past few years as individuals are becoming more aware.
Here's a quick comparison of interest rates on tax-saving debt investments

But before you get down to choosing a tax saving investment you should probably first calculate how much you need to invest to save tax.

Senior Citizens Savings Scheme saves tax, beats bank FDs Senior Citizens Savings Scheme saves tax, beats bank FDs
Backed by the government, the scheme offers capital protection, along with quarterly interest payment as a source of income.
4 expenses that can help you save tax under section 80C

If you have incurred any of the below-mentioned expenses in the FY 2017-18, then you can claim deduction for it up to a maximum of Rs 1.5 lakh.

Top five tax-saving bank FD rates Top five tax-saving bank FD rates
To save tax, many people use this investment route as they are considered to be less risky compared to equities.
6 fixed income investments to help you save tax under section 80C

Long-term debt investments should form a part of every investor's portfolio to maintain stability. However, investors should know that most long-term tax-saving debt investments have long lock-ins and, therefore, come with liquidity issues.

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