February 13, 2021

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7 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

Opinions expressed by Entrepreneur contributors are their own.


February is par excellence the month of love. It is a fact that this holiday is a phenomenon that crosses borders (and hearts) and a great opportunity for brands to “make love” to their customers, and why not, find new loves.

However, it is very important to note that, as we move towards a period of economic reactivation in Mexico, and in the world in general, the digital context and electronic commerce become more relevant for micro and small companies as the measures of social distancing. In fact, seven out of 10 Mexican entrepreneurs believe that the country’s MSMEs will adopt more digital tools as a result of the pandemic. Faced with this situation, Mexican entrepreneurs must take

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Why should investors invest in ELSS? Is there any down side to investing in ELSS? How should one select the right fund? In this podcast, we discussed how to go go about investing in ELSS funds

Topics
ELSS | ELSS fund | Tax benefits


With about one-and-a-half months left for the financial year to end, investors who have not made their tax-saving investments need to do so at the earliest. One product they should consider is equity-linked savings scheme (ELSS), also known as taxsaver funds. Since ELSS is often the first equity fund category that young investors invest in, they should choose their fund carefully. If their initial experience in equity investing is good, they will get hooked to this asset class for the long term.


Why should investors invest in ELSS? What advantages do these funds offer? Is there any down side to investing in ELSS?

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This level achieved that the digital asset will exceed its record set on Monday, February 8, after Tesla announced the investment of 1.5 billion dollars in the cryptocurrency.

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1 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.


Bitcoin surpassed $ 47,000 on Thursday, February 11, and set a new record. The cryptocurrency rose 7.9 percent and reached a price of $ 47,837.74.

This level achieved that the digital asset will exceed its record imposed on Monday, February 8, after Tesla announced the investment of 1.5 billion dollars in the cryptocurrency.

According to El Financiero , eToro analyst Simon Peters commented that these types of assets were entering the realms of traditional finance at an astonishing rate.

Image: Depositphotos.com

On the other

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The Sensex rose for a second week after last week’s budget-fuelled stellar rally, even as it ended little changed on Friday. The Sensex advanced 0.02 per cent to 51,544, while the Nifty fell 0.07 per cent lower to finish at 15,163. The Sensex rose 1.6 per cent for the week. Last week, the index had jumped 9.6 per cent — its biggest weekly climb in 10 months. Both the Sensex and the Nifty have added about 11 per cent in the past two weeks.


Along with the government’s annual spending plan, a slew of better-than-expected earnings have enthused investors, with 36 of the 47 Nifty companies that have reported so far beating expectations. “Market is receiving a liquidity support from all three -retail investors, government and also overseas funds,” said Chokkalingam G, an advisor at Equinomics Research & Advisory. “This is likely to support the market

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