July 25, 2020

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This trio of tips will help your remote administrator drive visibility and income to your business.

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A virtual assistant (VA) can be a critically important asset to any business. Still, I continue to hear the phrase, “I wish I could afford a VA, but I can’t.” And my answer has long been the same: “If you could hire a VA for $1,500 a month (or less), and they could bring in $3,000 in revenue, could you afford it?” The answer is always a resounding yes. 

Here are the top three ways you can leverage a VA to drive visibility and income to your business.

Probably the most obvious way you can

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Regulator Irdai on Friday permitted health insurance companies to offer Arogya Sanjeevani Policy as a group health insurance product, with a view to expand the coverage of insurance to employees working in business establishments.


Arogya Sanjeevani Policy, whether in individual or group form, will also cover treatment of Covid-19 disease, said Insurance Regulatory and Development Authority of India (Irdai).



The group policy is expected to provide protection to a large number of employees engaged in manufacturing, services, SMEs, MSMEs, logistics sector and migrant workers, catering to their medical needs, the regulator said.


It will also to be useful to various private and public establishments for covering the medical needs of their employees.


Unlike the standard Arogya Sanjeevani policy, Irdai said, the insurers will be allowed to fix their own minimum and maximum sum insured limits under the

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Financing requests of close to Rs 14,000 crore have been received under the Rs 30,000-crore special liquidity scheme for stressed NBFCs and HFCs whose financial health deteriorated further due to the COVID-19 crisis, the finance ministry said on Friday.


The scheme was launched on July 1.



The Reserve Bank of India (RBI) has provided funds for the scheme by subscribing to government-guaranteed special securities issued by a trust set up by SBI Capital Markets Limited (SBICAP).


The scheme is being implemented by SLS Trust, the SPV set up by SBICAP.


“As on July 23, five proposals involving an amount of Rs 3,090 crore have already been sanctioned. Further, 35 more applications have been received seeking financing up to Rs 13,776 crore, which are under process,” the finance ministry said in a statement.


Non-banking financial companies

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The United States’ withdrawal of special status to Hong Kong is set to to boost Indian jewellery exports to developed nations and help the country become the world’s largest diamond trading hub, experts said.


Following Beijing’s imposition of national security law on Hong Kong early this month, the independence of some seven million people in Hong Kong was seized by Chinese authorities. This means, citizens in Hong Kong will no longer be able to protest or launch processions against the Chinese government.



Following the Chinese action, the United States on July 14 announced withdrawal of special status granted to Hong Kong. United Kingdom, Australia and Canada also joined the US in condemning Chinese aggression on Hong Kong.


“This move will possibly create opportunities to India in gems and jewellery trade. For the United States, Hong Kong and China are

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