Kishore Biyani, chief executive of the Future Group, Thursday said that traditional offline retailing and web commerce are not as distinct as they once were, with the odds shortening that the two channels to reach end consumers would head toward total convergence in the near future. “Physical stores have their own advantages and nuances and […]
Archives for January 2020
Amazon not doing a favour by investing $1 billion: Goyal
Piyush Goyal said Amazon was not doing India any favours a day after the company’s CEO Jeff Bezos pledged to invest an additional $1 billion in the country, adding that this was probably on account of a need to fund losses, remarks that are likely to be seen as a stinging rebuke to the world’s […]
How technology is changing your neighbourhood store
Platinum Supermarket — with a small, dusty countertop and heaps of consumer goods piled on shelves — was till a few years ago a standard format kirana (corner) store in the suburbs of Pune, where customers would wait for their turn and pay by cash. Now, of course, the dusty counters are gone, replaced by […]
A widening wealth gap could be putting your clients at risk
Welcome to Retirement Scan, our daily roundup of retirement news your clients may be talking about. A widening wealth gap could be putting your clients at riskWidening income equality is putting older adults at financial risk, according to research cited by this article in CNBC. Two reports show the widening wealth gap could be attributed […]
Dow 29,000 and the markets are grinding away
[embedded content] Josh here – Michael Batnick and I discuss the recent milestones for the Dow Jones Industrial Average and the incredibly slow grind that’s gotten us here. According to the Wall Street Journal “hasn’t moved 1% or more in either direction since mid-October, its sixth-longest streak since the end of 1969 and third-longest since […]
FASB clarifies interaction between standards
FASB issued a standard Thursday that is intended to clarify the interaction between accounting standards related to equity securities, equity method investments, and certain derivatives. The board expects that standard to reduce diversity in practice and increase comparability of accounting for these interactions. Stakeholders had asked FASB to clarify how guidance issued in 2016 should […]
More taxpayers qualify for student loan COD relief
The IRS extended its safe-harbor relief from recognizing cancellation-of-debt (COD) income for students whose loans were discharged either because their schools were closed or as a result of some type of fraud (Rev. Proc. 2020-11). The IRS had earlier provided relief for students from Corinthian College or American Career Institutes Inc. whose loans were discharged […]
Prime Video will double down on content investment in India: Jeff Bezos
India features among the fastest expanding global markets for Amazon’s Prime Video business, and the world’s most expensive web retailer will seek to invest more in building bespoke content in the country. Jeff Bezos, the founder, CEO and president of Amazon, who was on his maiden Mumbai visit, said that Prime Video has seen a […]
Fitting Video Marketing into Your Business Plan
How does video marketing fit into your business plan? Does it at all? If it doesn’t, it might help to know that almost 77 percent of small business owners get results when they incorporate video marketing. Video is a big deal, especially for small businesses. Having a website is only part of the battle, now. […]
Top Jobs 2020 – 10 Higher Salary Jobs
Which are Top Jobs for 2020? Which career option I should select for getting high salary jobs? Let’s try to get answers to these questions. The job landscape is changing radically and expected to change further in 2020. It is because of technological advancement. All jobs are becoming technology-centric. The report predicts that few occupations […]