The 20 index funds with the largest net outflows over the past 10 years lost a combined $59.21 billion in assets under management, according to data from Morningstar Direct. Their losses represented nearly half of their net weight in cash, according to the data. The funds — tracking sectors from emerging markets to bonds commodities […]
Archives for 2020
Corona Kavach & Corona Rakshak – Health Insurance Policies
Corona Kavach and Corona Rakshak are two latest standalone health insurance plans available in the market. These are short term health insurance policies. Due to ongoing COVID 19 pandemic, IRDA suggested all non-life insurers to office corona specific health insurance policy. Corona Kavach and Corona Rakshak are two policies that provide exclusive coverage for coronavirus […]
An important ratio
For obvious reasons, it’s a positive that the rate of deaths has not kept pace with the rate of new cases. You can chalk this up to more effective treatments, a younger population of newly infected people and the more persistent rate of testing catching the cases that are only mildly symptomatic versus only very […]
Pension transfer values rebound to new high
After an unsteady period, defined benefit (DB) pension transfer values increased to a record high during June and the number of members taking a transfer value rebounded strongly too. According to the XPS Transfer Watch its Transfer Value Index – based on internal data from 930,000 scheme members – rose from £258,600 at the end […]
The Tech Take: Virtual reality the new reality for accountants – Accounting Today
Remote is the new normal. This will especially be true for accountants because the profession is one that lends itself easily to virtual operations with the help of the right technology. And virtual reality could be one piece of tech that really enhances the remote accounting experience, enabling the most realistic simulacrum of in-person meetings […]
Flipkart rolls out partial payment for orders to cut cash on delivery costs
Walmart-owned ecommerce company Flipkart has rolled out a new payment method that will allow customers to partially pay for a product at the time of ordering and the rest during delivery, in a bid to help reduce returns and cancellations. Customer cancellations and returns have been major issues with the cash on delivery (COD) model, […]
ETtech Top 5: Key announcements from Reliance Industries AGM 2020
Over the last couple of years, Reliance Industries‘ annual general meeting has turned into a tech showcase event, garnering the same excitement from consumers that one sees in flagship technology events like Apple’s Worldwide Developers Conference or Google’s I/O developer conference. This shift comes at a time when Reliance Industries Chairman and Managing Director Mukesh […]
Amazon makes ‘country of origin’ tag mandatory for sellers
Amazon India has made it mandatory for sellers on its platform to disclose the ‘country of origin’ of new and existing product listings by August 10. The online retail giant warned sellers that they could face action, including suspension of listings if they fail to do so. Amazon said in a mail to sellers that […]
When Clients Fight: How To Handle Conflict When It Erupts In A Client Meeting
Executive Summary Disagreements over money are commonly cited as the number one reason couples divorce, and financial advisors often find themselves in the middle (or as the target!) of client fights. Yet while fighting and conflict are often thought of as negative activities that should be avoided (or simply ignored) as much as possible, the […]
Twitter launches a dedicated search prompt for disaster relief in India
Micro blogging platform Twitter said on Wednesday it is launching a dedicated search prompt in India to help people stay updated with the latest information from authoritative sources around disaster relief and preparedness efforts. Twitter said every time someone searches for certain keywords associated with disaster relief, a prompt will direct them to the relevant […]