Day: September 20, 2020


8 min read

Opinions expressed by Entrepreneur contributors are their own.


As a leader, I try to positively impact my whenever possible. Whether its youth programs, gender equity, career coaching, or anti-violence, we (Complete SET agency) create educational themed events as well as donate portions of revenue to . Cause models like this, whether grassroots or multinational, are increasingly important for businesses, large and small, to have at their operational core. Ensuring that your is creating a positive impact is a necessary competitive advantage. In fact, a 2018 Conecomm survey found that 78 percent of Americans now expect companies to go beyond profits and to also positively impact society. Social impact is a broad term that refers to the positive change businesses have on their community. A company’s emphasis on a level of , or CSR, can be an


The disruption caused by the coronavirus’ spread and the pandemic-induced lockdown resulted in the industry losing around four million policies and premiums of around Rs 45,000 crore, said Raj Kumar, managing director of Life Corporation (LIC).


Speaking at an event organised by the Merchants’ Chamber of Commerce and Industry on post-Covid challenges and opportunities for the industry, Kumar said: “The industry as a whole lost four million policies and around Rs 15,000 crore of new business premium. Since the lockdown happened, people were saving money for necessities. So, around Rs 30,000 crore of renewal premium did not materialise.”


Traditionally, the second fortnight of March is the most productive period, as it accounts for around 15-18 per cent of the entire business. The industry reported a contraction in new business premiums for four straight months from March.




But

Walking provides something everyone needs right now: the chance to get out of our heads.


3 min read

Opinions expressed by Entrepreneur contributors are their own.


Are you struggling to find the silver lining to the events of 2020? The pandemic and ensuing quarantine have beaten people up in different ways. Some of us suffer emotionally, some financially. But the light at the end of this tunnel might just be sitting between our ears. That is, our ability to rethink just about everything.

Employers are rethinking commercial real estate. Educators are rethinking classroom teaching. And many of us are rethinking our . More specifically, we’ve been reminded of how important it is to put one foot in front of the other.

Weird walkers don’t look so weird now

Before quarantine, walking was a form of exercise usually associated with moms doing laps around the cul


Fitch Solutions has revised downward its forecast for contraction in India to 11.5 per cent in 2020 in line with further deterioration in the country’s economic outlook.


Its economists forecast India’s real GDP to contract by 8.6 per cent in the fiscal year 2020-21 (April 2020 to March 2021), down from -4.5 per cent previously.


“Demand weakness is spread across the board, with both consumer and industrial fuels set for the steep decline,” Fitch Solutions said in a note. “We have made a further downward revision to our India refined fuels demand forecast for 2020, from -9.4 per cent to -11.5 per cent, in line with further deterioration in the country’s economic outlook.”

It forecast a 5 per cent year-on-year (y-o-y) growth in 2021 and 2022, as the outbreak is brought under control andthe economic activity normalises.


In the first