Finance

March recorded the worst-ever foreign portfolio investor (FPI) equity outflows in a calendar month, at Rs 58,632 crore ($7.9 billion). Now, August is set to log the highest-ever foreign investor flows into domestic stocks. With one trading session to go, the FPI investment tally for the month stands at Rs 47,518 crore ($6.4 billion), surpassing the previous best monthly tally of Rs 33,782 crore in March 2017 in rupee terms, and $6.4 billion in dollar terms during September 2010. While the sell-off in March was triggered by the panic caused by…

August 27, 2020 7 min readOpinions expressed by Entrepreneur contributors are their own. Before Covid-19 slammed the breaks on air travel, the revenue forecasts for the global hotel trade were looking rosy. Corporate travel expenditure alone was projected in some forecasts to grow into a $1.7 trillion industry mega-segment by 2023. But, thanks to coronavirus, instead of harvesting one of the biggest revenue growth-spurts in the history of hotels, hoteliers are facing the toughest time in industry history. It isn’t all doom and gloom, however. Around the world, travel bubbles and corridors are forming, facilitating new flows of movement…

The late Georgia congressman John Lewis had a well-earned reputation for being uncannily optimistic, courageous, and values-driven. These characteristics were also core to his identity as a leader. Although Lewis was brutally beaten by police during a 1965 civil rights march in Selma, Ala., he said, “I have an obligation to continue to do what I can to help because I am here to continue to tell the story.” His final public statement challenged us to get into “good trouble, necessary trouble” by pursuing nonviolent protest and taking a stand against injustice and in favor of unity and peace. He…

India’s NSE Nifty50 Index is expected to reclaim its all-time high of around 12,400 by March as the V-shaped rally in stocks is likely to continue, according to the nation’s largest listed brokerage. “We do not foresee any major shift in the current directional positive bias,” analysts at ICICI Securities, led by Dharmesh Shah, wrote in a note to clients. “Any correction should be used as an incremental opportunity to construct a portfolio of quality stocks.” The benchmark index has bou­nced more than 50 per cent from its March low, but…

August 26, 2020 8 min readOpinions expressed by Entrepreneur contributors are their own. The retail landscape is ever-changing and evolving. Trends come and go, and the marketplace continues to stay highly competitive. Retailers must have a clear plan in place to ensure they stand out from the crowd, attract more customers and remain profitable. In order to do this, you must have a clear sales strategy, one that is properly executed to ensure that your store can rise above your stiff competition and consistently generate sales. A good sales strategy consists of four main elements. 1. Know who you…

While the Covid-19 pandemic has wreaked havoc across sectors, life insurers feel this black swan event has resulted in the bolstering of demand for insurance products, be it in protection, health, guaranteed return segment or others. From being a push product, insurance has become a “nudge product” due to the uncertainties. During the Business Standard webinar, moderated by Consulting Editor Tamal Bandyopadhyay, leading minds of the life insurance industry seemed to agree that the current situation has led customers to be more aware of insurance. And while demand for insurance, especially protection products, has gone go…

Fund managers may gradually shift their attention towards accrual funds in search of higher yields, even as investors continue to favour shorter-term debt funds. Accrual funds invest in companies having a lower credit rating, often with expectations of an improvement in their rating. Experts believe a compression theme is evident in select AA names as initial fears of downgrades and defaults recede, and portfolios may selectively look to capture opportunities in the space. “We believe opportunities in the AA space make for an attractive play for investors with risk appetite. However,…

August 25, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. A sales follow-up email is for more than just confirming an order: It’s a powerful sales tool that can turn customers into lifelong supporters. After all, it’s not your product that turns customers into supporters and fans. It’s the relationship you develop with customers that does it. The follow-up email keeps the lines of communication open when you’re not busy trying to sell.  So, why do so few companies send out regular follow-up emails? They have the software to do it, since most email marketing tools…