Braving the pandemic, consumption of petrol has increased by 4.5 per cent in the month of November, while that of diesel was seen 7.3 per cent down. The consumption of petrol was seen at 1,939 TMT till November 26 this year, as against 1,855 TMT during November 2019. On the other hand, diesel demand was seen down at 5,106 TMT, as compared to 5,505 TMT in the month of November last year for the three oil marketing companies — Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL). This is compared to…

January 15, 2020 15+ min read This story appears in the January 2020 issue of Entrepreneur. Subscribe » I didn’t know it at the time, but I was about to join my very last “performance calibration session.” This was late in 2018, when I was a managing director at Instagram, and these sessions had been a common part of my life — just like they are at many big companies. They’re a time for senior managers to discuss the performance of their individual team members, applying common organizational standards across job levels. HR specialists moderate performance discussions on a biannual,…

The Reserve Bank of India (RBI) and the government have once again introduced a new 10-year benchmark bond as the old one crossed Rs 1 trillion in outstanding. This is the third benchmark 10-year bond in this calendar, indicating the sheer volume of bonds getting issued by the government. New bonds are issued after a particular volume is reached as it helps avoid bunched up redemption payment at the time of maturity. The 10-year bond is the most marquee bond in the market. The repeated issue of such bonds takes away some of its…

November 26, 2020 15 min readOpinions expressed by Entrepreneur contributors are their own. One out of every seven men tends to wait as long as possible to see their doctor. Don’t worry guys, you’re in good company. Women, conversely, are more health-conscious. They’re 33{bce2ac57dae147ae13b811f47f24d80c66c6ab504b39dda4a9b6e8ac93725942} more likely to visit a doctor when they have a health issue or injury.  Last year was my first experience with telehealth, after about a year of putting off visiting a doctor. I rarely get sick, and it wasn’t a mission-critical issue (though it was something I wasn’t comfortable discussing with my doctor). Fortunately, I…

Copper rallied to its highest in nearly seven years on Thursday on hopes that a vaccine for the coronavirus would galvanise global markets and boost demand for the industrial metal. Three-month copper on the London Metal Exchange was up 0.9 per cent to $7,368 a tonne at 6:00 pm (IST), after hitting $7,410 a tonne, its highest since January 2, 2014. The metal, widely used in power and construction industries, has rallied 77 per cent since its March lows. “Copper’s rise is generally macro driven because of the vaccine…

Consumers show increased loyalty to brands that are actively engaged in doing good for the world. November 25, 2020 7 min readOpinions expressed by Entrepreneur contributors are their own. As customer needs and habits change, brands have the added responsibility to be able to mirror their customer’s personality to stay relevant in their purchase journey. Empathy and kindness hence not only become a business necessity but also a brand reality. Modern brands need to vouch for being good enough for the world rather than the intimidation of asking are you good enough for me. Inspiration takes precedence over aspiration.…

Minor International is a hospitality industry powerhouse. Based in Bangkok, Minor operates more than 530 hotels in 56 countries, with a large presence in Asia (where it operates chains across the region, including the Anantara luxury hotel brand), Europe (where it runs the NH chain of hotels), and Africa. The company also owns brands in the well-being and lifestyle sectors and runs 2,300 restaurants. Founded in 1967 by American William Heinecke, who was then 17 years old (hence the name Minor), the company began as an advertising and cleaning business. A decade later, Minor began its journey into hospitality, opening…

The benchmark Nifty50 index had hit the 8,000 mark for the first time in September 2014. It took the index over six years (1,613 trading sessions) to scale the 13,000-mark— a gain of more than 60 per cent. On an average, every 1,000-point milestone took about 270 trading sessions. Even the latest 1,000 point increase took nearly 18 months—the Nifty had first topped the 12,000 mark in June 2019. However, the index has managed to chart the same path nearly 10 times faster this year. The Nifty had slipped below the 8,000 mark on March…