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Q: Do any employers offer emergency savings programmes?A: Some employers have begun offering workers the option to save for emergencies via payroll deduction, but the programmes aren’t yet widespread. Some employers offer one-time “hardship” grants to workers who face an unexpected financial setback; amounts vary, but a maximum of $2,500 is common. Often, the programmes are geared toward helping people during natural disasters, like hurricanes. Now many are adapting to help workers affected by the coronavirus, said Doug Stockham, President of the Emergency Assistance Foundation, which manages hardship funds for employers.Workers who can’t go to work because of the virus — perhaps because they have to stay home with children or a sick member of their family — should check with their human resources department to see if grants are available and how to apply, Stockham said. … [Read more...] about Coronavirus | How to build an emergency fund in the middle of an emergency

Bank stocks fall: Banking names tumbled with investors fearing that the lockdown triggered by coronavirus would have a serious impact on businesses across sectors, resulting in an increase in bad loans. Kotak Mahindra Bank was down over 8 percent followed by Punjab National Bank, State Bank of India and Axis Bank. … [Read more...] about Taking Stock: Sensex drops 1,200 points on weak global cues; Nifty below 8,300

With the coronavirus pandemic leading to a countrywide lockdown, personal visits to sales offices of real estate developers have come to a standstill. To cope with the situation, realty firms are resorting to digital platforms and providing a virtual walk-through experience to homebuyers. Some are even utilising artificial intelligence-based chat bots facility to customers to answer their property purchase queries. … [Read more...] about Coronavirus lockdown: Real estate developers take to AI to augment sales

Several startups are doing their bit in an individual capacity as well. The ones in 3D printing are producing hospital equipment while healthcare startups are using AI to detect patients with Covid19 symptoms. A Delhi-based company is trying to use charged water droplets to sanitize large areas using robots.Time to show-off your poker skills and win Rs.25 lakhs with no investment. Register Now! … [Read more...] about Coronavirus pandemic | It’s Startup Vs Covid-19 as techies, investors help states fight outbreak