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84% Indians feel the pinch of rising uncertainties in life; report says

84% Indians feel the pinch of rising uncertainties in life; report says

Finance
Even as the burden of life’s uncertainties and awareness around the need to buy protection covers has grown, majority of Indians continue to be underprepared to deal with them, a study carried out by private life insurer Aditya Birla Sun Life Insurance (ABSLI) has found. A whopping 84% of over 2,000 respondents said they felt life is now extremely uncertain compared to 79% who held the view in 2017 and 75% in 2013, the previous editions of the survey. Proportion of women who shared the view was slightly higher at 85% - compared to 84% in case of men - up from 83% in 2017 and 76% in 2013. Not surprisingly, securing family’s future (36%) and children’s education (36%) remain top two causes of uncertainties. Yet, less than half of those polled (44%) said they were completely prepa
The week ahead: Jobs report needs to silence rising worries about the economy

The week ahead: Jobs report needs to silence rising worries about the economy

Finance
Job growth has remained vibrant despite the slow-growing economy, and that's a trend investors are anxious to see confirmed in the February employment report on Friday. Even with some economists expecting growth around 1 percent for the first quarter, the labor market has been strong, and economists expect to see 185,000 jobs added in February. The economy is widely expected to bounce back in the second quarter to a pace well above 2 percent, after the temporary headwinds from the government shutdown and polar vortex abate. The jobs data tops the list of important economic news in the week ahead, particularly after a string o...