Investors must stay positive amidst the gloom



Investors must be prepared to believe that things will get better eventually, no matter how bad the current situation may look. If you don’t possess this optimism, you will not possess the courage to invest and if you don’t invest, you don’t give yourself any chance to get wealthy, says Devangshu Datta.



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Sitharaman kicks off Budget process with halwa ritual



The ‘halwa ceremony’ marks the beginning of the lockdown of several officials in the finance ministry, who remain cut off from their families until the presentation of the Budget by the finance minister in the Lok Sabha.



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Data protection bill referred to Parliament panel



The proposed law seeks bars on storing and processing of personal data by entities without the explicit consent of an individual.



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78% of PMC a/c holders can withdraw full deposit: FM



Nirmala Sitharaman said in Lok Sabha that in case of medical emergencies, marriages and other crisis situations, a depositor of the Maharashtra-based PMC Bank can withdraw up to Rs 1 lakh by invoking the ‘hardship provisions’ of the RBI.



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How govt can arrest flight of FPIs from Indian markets



In addition to easing monetary policy, investors would like to see more attempts to push the next generation reforms in land, labour and judiciary, and make India an easier place to do business, says Akash Prakash.



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