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…

This 10-course bundle can give your business an edge online.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 20, 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. For entrepreneurs, it’s imperative to get your web pages at the top of search engine result pages (SERPs). According to one study,…

SBI Life Insurance on Tuesday reported a 5 per cent increase in net profit at Rs 390 crore for the first quarter of the current fiscal. The private sector life insurer, promoted by the country’s largest lender SBI, had posted a net profit of Rs 370 crore during the corresponding April-June period of 2019-20. The company’s gross written premium during Q1 FY21 rose by 14 per cent to Rs 7,640 crore as against Rs 6,690 crore in the same quarter of the preceding fiscal, SBI Life said in a release. …

Oil prices gained more than 3{bce2ac57dae147ae13b811f47f24d80c66c6ab504b39dda4a9b6e8ac93725942} to hit a more than four-month high on Tuesday, helped by positive news about coronavirus vaccine trials and a European Union stimulus deal.Brent crude rose $1.39, or 3.2{bce2ac57dae147ae13b811f47f24d80c66c6ab504b39dda4a9b6e8ac93725942}, to $44.67 a barrel by 11:19 a.m. EDT (1519 GMT). West Texas Intermediate (WTI) jumped $1.36, or 3.3{bce2ac57dae147ae13b811f47f24d80c66c6ab504b39dda4a9b6e8ac93725942}, to $42.17 a barrel. Both benchmarks were at their strongest since March 6.Prices were buoyed by an agreement among European Union leaders on a 750 billion euro ($859 billion) fund to prop up their coronavirus-hit economies, lifting prospects for fuel demand. …