• 10 Things You Can Do to Boost Self-Confidence
    An online negative review, a request for a refund from a customer or a flat rejection from investors can cause our self-confidence to dwindle. Well-meaning but sometimes unkind comments from those closest to us can also hit us hard.

  • 3 Things I Learned About Sales by Volunteering for a Presidential Campaign
    As a salesperson, your job is to sell or market the company you work for. A lot of the time, salespeople don’t have a lot of passion for the product that they’re selling, or maybe they used to care, but it got stale. When I was volunteering for the political campaign, I was “selling” a candidate who I really believe in and think is best for our country, my community and my family.

Biz News

India needs to knock down import tariffs imposed in last 3 yrs: Panagariya

Economic liberalisation has done good to India, and the country needs to knock down import tariffs imposed on many products in the last three years, former Niti Aayog Vice-Chairman Arvind Panagariya said on Tuesday. Panagariya also pointed out that Covid-19 pandemic may lead to integration of

Market

RIL rights issue oversubscribed nearly 1.3 times with one day still to go

Reliance Industries Ltd’s Rs 53,124 crore rights issue, which has already been oversubscribed, on Tuesday received further bids for 88 million shares, taking the subscription to nearly 130 per cent, according to stock exchange data. The issue subscription data on stock exchanges showed total bids received

Sobering reality, negative sentiment: Analysts’ view of Moody’s downgrade

Moody’s Investors Service (Moody’s) downgraded the Government of India’s foreign-currency and local-currency long-term issuer ratings to Baa3 from Baa2 and maintained a negative outlook. The downgrade came after market hours on Monday. READ ABOUT IT HERE Here’s how leading analysts have interpreted the development and its

Covid-19 crisis: MFs invest Rs 1,230 cr in equities during lockdown

Mutual funds have invested just Rs 1,230 crore in stock markets during the lockdown and industry experts believe they are still waiting for a good “entry point” and maintaining high liquidity for any possible redemptions by corporate houses. Going ahead, the primary factor that will determine

Silver surges 3% to trade at Rs 50,000 a kg, its highest in over six years

The price of silver jumped by 3.33 per cent in Mumbai’s spot Zaveri Bazaar on Saturday to hit the highest in six-and-a-half years as investors booked the white precious metal as an alternative to gold amid expectation of an spurt in its demand with the gradual opening up

Sun Pharma to test two drugs for treatment of Covid-19, stock up 3.5%

India’s largest drug maker Sun Pharmaceutical Industries is getting ready to start the trials on a few drugs that have emerged as potential treatment candidates for Covid-19. This includes an anti-coagulant and anti-inflammatory drug nafamostat and another plant-based dengue drug candidate that Sun Pharma was developing along with

Banking stocks see strong gains, Nifty Bank rallies 11% in three days

Banking stocks have seen strong gains this week with the Nifty Bank index surging nearly 11 per cent in the last three trading sessions (starting May 23). In comparison, the Nifty50 is up 5 per cent. The gains come after huge selling pressure and consequent under-performance

Personal Finance

Making experiments pay

The Power of Experiments: Decision-Making in a Data Driven World by Michael Luca and Max H. Bazerman, MIT Press, 2020 The current pandemic is a dramatic case study in why experiments matter. How else are we to know which tests accurately identify COVID-19 infections and their telltale antibodies, whether and how

Standard Covid-19 insurance plan to have max sum assured of Rs 5 lakh

On the insistence of the regulator, and directions issued by the apex body of non-life insurers – General Insurance Council – the insurance companies are working on a standardised insurance product for Covid treatment, with sum assured ranging between Rs 1 lakh and 5 lakh. The product needs to

Existing investors must book partial profits in gold to cut portfolio risks

Gold exchange-traded funds (ETFs) have given investors an average return of 48.7 per cent over the past year. Investors who have become overweight on the yellow metal (vis-à-vis their original allocation of 10 or 15 per cent of their portfolio) should book partial profits from time to time

The general wisdom of Ulysses S. Grant

Prior to the Civil War, Ulysses S. Grant didn’t show much promise. He called his admission to the U.S. military academy at West Point “an accident,” and when he graduated in 1843, he was only in the middle of his class. Just over a decade later, in 1854, he resigned from


6 min read

Opinions expressed by Entrepreneur contributors are their own.


Businesses are trying to cope with the global health crisis, and many are struggling to crack the code to keep their brands relevant and stable as it persists week after week.

The thought of staying possible, let alone growing a business, during a time like this can be extremely intimidating. During difficult times, many companies opt to pursue new leads in an effort to increase revenue, rather than remembering that it costs less to nurture the customers they already have. A strong, solid customer base can insulate companies during a time of economic uncertainty.

Related: 5 Ways to Build Killer Relationships With Customers

Businesses need to think more holistically about their customers and yes, increase outreach where needed, but also pay attention to existing loyal fans. While any company that wants to grow needs to engage

The Power of Experiments: Decision-Making in a Data Driven World

by Michael Luca and Max H. Bazerman, MIT Press, 2020

The current pandemic is a dramatic case study in why experiments matter. How else are we to know which tests accurately identify COVID-19 infections and their telltale antibodies, whether and how well drugs already at our disposal mitigate the suffering inflicted by the coronavirus, or whether the vaccines currently in development will actually protect us from it? Randomized controlled trials are the only way to answer these questions short of playing Russian roulette with the lives of large numbers of people.

Experiments have been around for a long time. In The Power of Experiments, an introductory paean to the benefits of experimentation for corporate and government decision making, Harvard Business School professors Michael Luca and Max Bazerman peg the first recorded experiment to the reign of King Nebuchadnezzar in


Economic liberalisation has done good to India, and the country needs to knock down imposed on many products in the last three years, former Niti Aayog Vice-Chairman said on Tuesday.


Panagariya also pointed out that Covid-19 pandemic may lead to integration of global labour market.



“Liberalisation has done good to us. We are reversing something from which we benefited. I thought that in 1991, India had give up import substitution, but in the last three years, import tariff on many products have been raised,” he said while addressing CII Annual Session 2020.


“India needs to open up more and knock down import tariff imposed on many products in the last 3 years. We should bring tariff to 7 per


cent and sign trade agreement with the US, and European Union,” he said.


Ltd’s Rs 53,124 crore rights issue, which has already been oversubscribed, on Tuesday received further bids for 88 million shares, taking the subscription to nearly 130 per cent, according to stock exchange data.


The issue subscription data on stock exchanges showed total bids received at 549 million, overshooting the 422.6 million shares on offer by 29.8 per cent.


The received applications for 485 million rights shares, NSE for 56.4 million and the non-ASBA bid quantity stood at 7 million rights shares.


As per Dealogic, the rights issue is the world’s largest by any non-financial company in last 10 years. It opened for the subscription of shareholders on May 20 and will close on June 3, 2020.


Billionaire and promoter group had pledged to subscribe to the full extent of their rights entitlements and any unsubscribed


5 min read

Opinions expressed by Entrepreneur contributors are their own.


From the entertainment sector to the health and fitness industry, stay-at-home orders have forced many entrepreneurs to improvise and share their skills virtually. Live has emerged as an outlet of choice for enterprising business owners. Hop on Instagram right now, and you’ll likely see dozens of users and brands either going live or advertising an upcoming live stream.

Though it’s becoming more popular in recent months, live-streaming has largely been underestimated. But it won’t stay that way for long: Instagram’s algorithm rewards live-streaming with additional push notifications and a position at the front of the line in users’ Stories feed, so it’s only a matter of time before brands and businesses catch on. Streamers can also see and respond to comments in , which opens up the potential to directly communicate with and

On the insistence of the regulator, and directions issued by the apex body of non-life insurers – General Council – the companies are working on a standardised product for Covid treatment, with sum assured ranging between Rs 1 lakh and 5 lakh. The product needs to be offered mandatorily from June 15 onwards and the insurers have been given time till June 4 to come up with recommendations on the product, said sources aware of the development.

In view of disparity of claims for Covid treatment, recently, the Insurance Regulatory and Development Authority of India (IRDAI) asked the General Insurance Council (GI Council), to come up with ideas for standard cover for the pandemic.


While the council is yet to submit its views to the regulator, industry sources say insurers are proposing the cover for people in the age group of 18 to