Finance

Regulator Irdai on Friday permitted health insurance companies to offer Arogya Sanjeevani Policy as a group health insurance product, with a view to expand the coverage of insurance to employees working in business establishments. Arogya Sanjeevani Policy, whether in individual or group form, will also cover treatment of Covid-19 disease, said Insurance Regulatory and Development Authority of India (Irdai). The group policy is expected to provide protection to a large number of employees engaged in manufacturing, services, SMEs, MSMEs, logistics sector and migrant workers, catering to their medical needs, the regulator…

The United States’ withdrawal of special status to Hong Kong is set to to boost Indian jewellery exports to developed nations and help the country become the world’s largest diamond trading hub, experts said. Following Beijing’s imposition of national security law on Hong Kong early this month, the independence of some seven million people in Hong Kong was seized by Chinese authorities. This means, citizens in Hong Kong will no longer be able to protest or launch processions against the Chinese government. Following the Chinese action, the United States on July…

July 23, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. One of your greatest foes as an entrepreneur is misinformation. There is a lot of erroneous advice online, especially when it comes to social media marketing. Unfortunately, much of this guidance seems reasonable on paper. Without the right research or knowledge, you may end up unwittingly endangering the future of your business. Here are seven common social media marketing myths you need to watch out for. 1. Negative feedback can be safely ignored Social media marketing isn’t just about promoting the positive parts of your brand.…

Amid the surge in Covid-19 cases in the country, Corona Kavach has evoked good response within days of its launch by almost all insurers. Corona Kavach is a standard health insurance plan conceived to meet the treatment requirements for coronavirus patients. The term of the policy ranges from three-and-a-half months to nine-and-a-half months, with a minimum sum insured of Rs 50,000, and a maximum of Rs 5 lakh. Corona Kavach will cover hospitalisation expenses for the treatment of Covid-19. It can be availed for self, spouse, parents, parents-in-law, and dependent children up to 25 years of…

IRDAI on Thursday said sale, purchase, and pledge of equity in excess of 5 per cent of an insurance company’s paid-up capital will need the regulator’s prior approval, and any violation of the guidelines will attract action. Issuing a clarification on the ‘transfer of share of the insurance companies’, the Insurance Regulatory and Development Authority of India (IRDAI) said the provisions related to sale and purchase of equity will also apply on the creation of pledge or any other kind of encumbrance over shares of an insurance company by its promoters. …

Putting yourself out there is not about you. It’s about those you serve.Free Book Preview No BS Guide to Direct Response Social Media Marketing The ultimate guide to – producing measurable, monetizable results with social media marketing. July 22, 2020 6 min readOpinions expressed by Entrepreneur contributors are their own. A member of my community was very frustrated because she was getting nowhere with her social media efforts. She had used all the conventional means: a website, Twitter, Instagram, and Facebook. As she was in an industry that I don’t engage with regularly, I had never looked at…

There is a gap between the digital skills people have and those needed to live, learn, and work in the digital world. The need to upskill — to bridge this gap — is a complex problem that will require government administrators, educators, and business leaders to come together. To learn more about upskilling your own workforce, go to Upskill my workforce for the digital world.Business leaders who are fond of saying their most valuable assets walk in the door each morning will have to come up with a new aphorism. As more firms realize the virtues of virtual work,…

Small business units are now looking to mortgage family-owned gold jewellery to fund their operations, which had shrunk during the coronavirus (Covid-19) outbreak following restrictions on human and logistics movement. “Small businesses have all but collapsed during the Covid-19 pandemic. Now, they are looking for capital to restart operations. For them, gold jewellery is the only asset they can use to get funds. Hence, we can see a sharp increase in loans against gold to fund small businesses once markets reopen,” said Somasundaram P R, managing director-India, World Gold Council, addressing a webinar organised by PHD…