Gold prices today fell to 54,440 from Rs 55,200 per 10 gram a day before, while silver jumped to Rs 66,300 from Rs 65,500 per kg, according to Good Returns website. Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges. In New Delhi, the price of 22-carat gold jumped to Rs 49,900 per 10 gram, and in Chennai to Rs 49,240. In Mumbai, the rate was Rs 50,400, according to the Good Returns website. The price of 24-carat gold…

Ask for clients and customers to spread the word, and ye might receive (and other tips).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 28, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. There’s a type of warm marketing that is better than any other: referrals. We’ve all been on the receiving end of a referral. We ask a friend or colleague to recommend someone for the service we need, and since they’re someone we trust, we go ahead and…

Irdai has invited applications for fostering the growth of insurance sector through innovative ideas under its ‘regulatory sandbox approach’, wherein products and services are tested live in a controlled regulatory environment. The ‘regulatory sandbox approach’ can be used to carve out a safe and conducive environment to experiment with innovative approaches (including fintech solutions), and where the consequences of failure, if any, can be contained, Irdai said. The Insurance Regulatory and Development Authority of India (Irdai) said it has created a regulatory sandbox with the objective of using new and innovative…

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…