Finance

July 2, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. Know me before selling me; that’s what Americans expect from sales reps.  In a recession, it’s critical to align with customer preferences to avoid losing sales to rivals. Competition is stiff, as people have less disposable incomes. A 2018 study by the Federal Reserve found that 40 percent of Americans can’t come up with $400 to pay for an emergency. And that’s before 40 million people were out of work virtually overnight. Here are tips to increase sales, even when the economy is in flux. A…

Mutual funds’ asset base dropped eight per cent to nearly Rs 25 trillion in the quarter ended June 30, mainly due to outflow pressure in equity and debt categories. Average asset under management (AAUM) of the industry, comprising 45 players, stood at Rs 24.82 trillion in April-June quarter 2020 as compared to Rs 27 trillion in the preceding quarter, according to a data by Association of Mutual Funds in India (Amfi). The asset base of the industry was Rs 25.5 trillion in the same period a year ago. The…

Emerging market central banks continued to cut interest rates in June as policymakers battling the fallout from the coronavirus pandemic tried to shore up their economies. Interest rate moves by central banks across a group of 37 developing economies showed a net 16 cuts in June, matching the number of reductions delivered in May. June marked the 17th straight month of net cuts – the longest easing cycle for emerging market central banks since 2013. !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','550264998751686');fbq('track','PageView');…

July 2, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. The importance of video in today’s marketing world is no secret. According to research from HubSpot, 88 percent of marketers state that video generates a positive return on investment for their brand — a huge increase from the 33 percent who felt this way in 2015. Online viewing trends are a big part of this shift in marketers’ attitudes. A report from MediaPost estimates that the average internet user will watch 100 minutes of online video per day by 2021, resulting in growing online video budgets…

The government had imposed a nationwide lockdown in March due to the coronavirus pandemic outbreak across India. As a result of this lockdown that began in March, days before the close of the financial year, several taxpayers had been denied the opportunity to make tax saving investment for financial year 2019-20 (FY20). The government had hence extended the due date up to June 30, 2020, and has recently given a further extension until July 31, 2020 for making tax saving investments pertaining to FY20. This move has given taxpayers more time to invest and save tax. Taking the above…

The stock will be replaced by HDFC Life Insurance Company with effect from July 31. It will be replaced by SBI Cards in the Nifty 100 and Nifty 500 indices TopicsVedanta  | Anil Agarwal | Vedanta Anil Agarwal BS Reporter  |  Mumbai  Last Updated at July 2, 2020 20:29 IST First Published: Thu, July 02 2020. 20:28 IST !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','550264998751686');fbq('track','PageView');…

July 1, 2020 7 min readOpinions expressed by Entrepreneur contributors are their own. This article was written by Alex Sixt, an Entrepreneur NEXT powered by Assemble expert. If you are looking to take the NEXT step in your business then we encourage you to check out Entrepreneur NEXT powered by Assemble. Do you want to grow your business and reach more audiences that convert into leads? Then a tactic that can help expand your business is paid media, a method of using promoted (paid for) content such as social media posts, video ads, pop-ups, etc. to reach target audiences.…

All mutual fund purchases will attract stamp duty from Wednesday but experts believe it will have “little to no impact” on retail investors as charges are too low. The stamp duty of 0.005 per cent will be applicable on all purchase transactions including systematic investment plans (SIPs), lumpsums, dividends reinvested and switch-ins. Apart from purchase transactions, transfer of units from one demat to another demat account including market or off-market transfers will attract stamp duty of 0.015 per cent. However, no such duty is applicable on redemption or sale…