Finance

For the week ahead, prices are expected to remain weak and head towards Rs 3,775 and then Rs 3,750 per quintal…

This top-rated tool makes cleaning your email list easy.Free Book Preview Ultimate Guide to Social Media Marketing This book takes readers through a 360-degree perspective of social media marketing in businesses. August 15, 2020 2 min readDisclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Building an extensive email list is a hallmark of any small business and an incredibly valuable resource. Whether you’re using email to communicate with customers,…

The Indian general insurance industry received around 80,900 Covid-19 claims involving Rs 1,290 crore as on July 31, said an industry official. “Around 80,900 Covid-19 claims have been registered by the general insurers with an estimated claim of Rs 1,290 crore. The average claim amount works out to be Rs 159,456,” an industry official told IANS. The number of Covid-19 cases in the country by the same date was around 1.6 million. The number of claims settled by insurers as on July 31 is 52,880 and the claim amount…

By Devika Krishna Kumar and Chen Aizhu NEW YORK/SINGAPORE (Reuters) – U.S. crude oil shipments to China will rise sharply in coming weeks, U.S. traders and shipbrokers and Chinese importers said, as the world’s top economies gear up to review a January deal after a prolonged trade war. Chinese state-owned oil firms have tentatively booked tankers to carry at least 20 million barrels of U.S. crude for August and September, the people said, moves that may ease U.S. concerns that China’s purchases are trending well short of purchase commitments under the…

August 14, 2020 7 min readOpinions expressed by Entrepreneur contributors are their own. Finding new customers isn’t easy. So when you do find a customer, you want to make sure you’re earning as much as possible and providing the best experience for them. One of the most effective ways to do this is to offer “upsells” and “cross-sells” — additional offers after the initial purchase. These allow you to serve your customers at a higher level and increase revenue at the same time. The fact is: If you don’t offer anything after the initial purchase, you may be leaving…

An insurance company can take action against a hospital for demanding advance from a policy holder who is supposed to get cashless service, an official of insurance regulator IRDA said on Friday. In a recent circular, Insurance Regulatory and Development Authority (IRDA) has put the onus of taking steps against medical establishments for deficiency in service on the insurer, the official said. There has been a sharp spike in complaints post COVID-19 outbreak that private hospitals are demanding huge advance before admission even from patients having cashless medical insurance. …

The Securities and Exchange Board of India (Sebi) on Friday imposed a penalty of Rs 10 lakh each on Life Insurance Corporation of India (LIC), State Bank of India (SBI) and Bank of Baroda (BoB) for failing to reduce their stake in UTI Mutual Fund (MF) below 10 per cent within the stipulated time. The regulator passed separate orders against the three state-owned firms for non-compliance of Regulation 7B of Sebi MF Regulations. Under the said regulation, no sponsor of an MF is allowed to hold more than 10 per cent of any other mutual fund…

August 13, 2020 8 min readOpinions expressed by Entrepreneur contributors are their own. Have you ever released an offer into the world that you put your heart and soul into? An offer that made you giddy, such that you were waiting for the dollar bills to flood your bank account and your DMs to overflow on social media, only to get no response? If you’ve been in business for a while, this has likely happened to you. It’s happened to every entrepreneur I know at least once. This disappointment happens because entrepreneurs set out to create offers focused on…