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The share of external financing has jumped to 4.5 per cent in Q1 FY21 from 1.6 per cent in the same quarter last fiscal, which in terms of the quantum has skyrocketed by 325 per cent Y-o-Y, says a report analysing the fiscal numbers of the government.


The government has run 83 per cent of its borrowing target as of June, according to official numbers released on July 31, due to the impact of the pandemic that crippled the economy.



The massive spike in the share of external source of funding the fiscal deficit comes even as it has been continuing financing primarily through domestic sources — as much as 96 per cent, according to an analysis by CARE Ratings.


“The share of external financing in the current financial year has jumped from 1.6 per cent as of Q1

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Leading stock exchange BSE on Monday reported a 21.4 per cent decline in net profit at Rs 32.48 crore in quarter ended June 30, 2020.


The exchange had posted a net profit of Rs 41.32 crore in the year-ago period, BSE said in a regulatory filing on the NSE.



Total income declined to Rs 162.11 crore in the quarter under review from Rs 165.97 crore in the corresponding quarter a year ago.


“BSE’s shift of expiry of weekly contracts from Thursday to Monday has been very well received by the market players, bringing a new wave of possibilities for the growth of BSE’s equity derivative segment,” the exchange’s managing director and CEO Ashishkumar Chauhan said.


“The growth of turnover in equity segment by 39 per cent in this quarter over corresponding quarter previous year is highly encouraging.Coupled

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Balance obeying the data and knowing when to take risks.


5 min read

Opinions expressed by Entrepreneur contributors are their own.


When it comes to product marketing strategy, brand loyalty has a significant impact on individual purchasing decisions, but ultimately it is the products that create an overall impression. Brand marketing is an important component in raising your brand’s prestige and overall favorable perception, but customers want to be part of the picture and feel that advertising is as much about them as it is about the brand. Smart product marketing engages consumers and focuses on products or services that will be useful to them. Your brand will only be as strong as the customers who feel a strong connection to what you are offering. These five strategies will help you revamp your product marketing strategy. 

1. Research new products with existing data

A product launch

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Using a credit card has become a habit for many, as it’s easy to make several transactions using a single card rather than carrying cash. However, with the ease, there is also a risk just in case you misplace your card.


What’s important is to know the steps that you must take just in case the card is lost. Here’s what you can do:



Inform the issuer immediately


Time is of importance in the scenario of a lost card — someone in possession of the card could potentially make multiple transactions within minutes and you could lose lakhs of rupees. Hence, the priority should be to inform the bank or credit card issuer as soon as possible.


It’s essential to keep the phone number of the card issuer handy. These days, you can also report it

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5 min read

Opinions expressed by Entrepreneur contributors are their own.


There are numerous reasons for starting a business, including pursuing a passion, wanting to set your own hours and wanting to make more money. But if you’re not committed to a larger purpose, all those reasons may not be enough for your business to succeed.

What Is a Commitment?

A commitment can be defined in three ways:

1. It gives you purpose. Let’s define a commitment as a greater purpose for your life that drives you forward every day. Many studies have shown that purpose even leads to longer life for men and women alike.

2. It’s never finished. A commitment is not, “I want to own a successful business,” because that doesn’t give you lifelong purpose. A commitment will never truly be finished, and you’ll work towards it for many years.

3.

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Weak demand and favourable weather across the major producing region is expected to keep prices under pressure…