General insurers are bracing for a spike in non-coronavirus (non-Covid-19) health claims in the coming months as normalcy returns after the stringent lockdown is eased by the government. The rise in claims will mostly come from elective procedures that were postponed on account of Covid-19. This, in turn, will impact the loss ratio of insurers in the health segment. During the lockdown period, non-life insurers have seen an almost 40 per cent drop in non-Covid claims. This is because individuals have decided to postpone their non-essential procedures or elective procedures, fearing…

The markets were expecting the lockdown to enter the fourth phase, but were hoping for more relaxations. However, the onus is now on the state governments, who will decide on the red, orange and green zones. That said, major production centres are outside major metros. As far as manufacturing is concerned, will are still not back at the pre-Covid-19 levels. So, the index of industrial production (IIP) will continue to suffer if only parts of India are open for business/manufacturing. The gauge for services production will also continue to suffer. As regards the government’s stimulus measures,…

May 15, 2020 4 min readOpinions expressed by Entrepreneur contributors are their own. While most business owners are used to adapting to different trends and new strategies within their industries, the global health crisis has officially changed the way we do business.  Until it’s safe to resume in-person activities, which could be quite a while, most entrepreneurs will need to look for a new way to generate sales while their customers are stuck at home.  The temporary halt of in-person activities and the immediate closings of some businesses such as salons, gyms, and some retail stores, 76{bce2ac57dae147ae13b811f47f24d80c66c6ab504b39dda4a9b6e8ac93725942} of small…

On April 24, the news that Franklin Templeton, a highly-reputed fund house, would close down six debt funds sent shock waves among investors. The fund house attributed the closures to lack of liquidity and the high level of redemption pressure it was facing. Hopefully you are not among those whose money is stuck in those six funds (totaling around Rs 25,000 crore). Those investors face uncertainty not only regarding when their money will be returned but also about how much they will finally see. Chasing higher risk: Even for those not directly involved, this episode carries several useful…

The Rs 53,125-crore rights issue of Mukesh Ambani’s Reliance Industries Limited (RIL) will open for subscription on May 20, the company said in a regulatory filling. The opening date of the issue is May 20 and closing date June 3, according to RIL. The issue was approved by the Rights Issue Committee of the board of directors at a meeting held on Friday. The letter of offer will be filed with BSE, NSE and the Securities and Exchange Board of India (Sebi). The abridged letter of offer, application form of rights issue and rights entitlement letter…

May 15, 2020 8 min readOpinions expressed by Entrepreneur contributors are their own. Are you looking to up your content marketing game right now? Are you tired of seeing the same books on everyone’s “best of” list? Me too. Don’t get me wrong, those books are good, and some are even classics, but content marketing is always evolving. You must keep up with what’s new and exciting in the field so you can apply it to your business, no matter how big or small you are.  So, I decided to take a deep dive into the newer content marketing…

In recent years, employees’ personal use of social media has become a thorny issue for companies. On one hand, people who post positively about their job or workplace can boost a brand’s reputation — an important recruiting tool in an era when “star employees” are a valuable commodity. On the other hand, posts deemed offensive by an employer or the general public can bring negative exposure to a firm, resulting in calls to boycott the company until the employee is fired — a phenomenon known as a collaborative brand attack. There’s even a slang term — “dooced” — for getting…

Forty-three years after commencing physical sale of farm commodities, the Agricultural Produce Market Committee (APMC) Vashi near Mumbai is set to go online and sale commodities via electronic orders for delivery in a day or two. The beginning will be made in the food grain segment. Modalities will be finalised on Saturday. The move began after the Navi Mumbai Municipal Corporation (NMMC) issued an advisory late Thursday evening to devise a strategy to reduce the number of entrants into the APMC yard and maintain social distancing to prevent spread of coronavirus. Covid-19 has…