India is a country where people solely aim at securing their family’s future more than anything else. This is partly due to the uncertain economic and financial market situations of India and partly due to the rising population. One cannot rely on tomorrow and people only want to make their beloved one’s life secure as mode of income after the death of the earning member. In India people always look out for good investment schemes with fixed monthly income for their family.
Investment for Indian citizens is not a very big issue. With various government schemes like insurance, postal certificates, bank fixed deposits, bonds, people living in India has little to worry.
Insurance: Keeping in mind economic and financial conditions prevailing in todays’ time, insurance is the best means of investment with fixed assured [...]
Posted at April 21st, 2014 at 06:04 am
Some of the safe investment avenues are:
Public provident fund account: All residents of India are eligible to open a public provident fund account in the public provident fund scheme. A PPF account can be opened and maintained with a minimum amount of Rs. 500 and a maximum of Rs. 100000. One can also deposit funds in the public provident fund in installments (maximum 12 per year) but you can make one or more deposit in a month. The interest rate on PPF effective from April 1, 2013 is 8.7% per anum (compounded annually). Interest is on the lowest balance between the close of the fifth day and the last day of every month. The maximum tenure for any PPF account is 15 years and this can be further extended in sets of 5 years for any number of sets. A PPF account can be opened with any nationalized banks or post [...]
Posted at March 25th, 2014 at 01:03 am
If you go to see the only retail business which is a boom in the market today is mobile phone and related products. About 5 years ago, cell phone was considered a luxury and a person who owned one was considered a rich person. But today cell phones and networking have become a necessity. If you are without a cell phone for even 1 day for some reason you feel you were handicapped on the day.
This is because our lives have become totally dependent on digitalization. Our cell phone is like our heart. Everything is stored in it. Right from business contacts, family and friends it is all within this device. Technology has made this possible. People are getting their landlines disconnected and instead buying extra SIM cards.
It is Samsung which has made its mark in the mobile market. Nokia had lost its market but is gaining [...]
Posted at March 18th, 2014 at 06:03 am
Running a business requires a lot of skills and techniques. When you run a business you are in a race of surviving and to survive you need to follow some rules:
Vision: Vision is the goal of your business. If you have a goal set up at the back of your mind you will go in the direction of achieving it and you will always be successful.
Confidence: For any achievement in life one should have confidence. Confidence is the base of any success. To achieve a goal that you have set for yourself, you should also have confidence to achieve.
Influence: Though you are visionary and confident about achieving the top position you still need some sidegaps to be filled with influence. Influence makes things faster for you. Influence may be financial or principle, legal, any footstep to climb the stairs of competition.
Posted at March 11th, 2014 at 01:03 am
Very often when we initiate the process of financial planning, we tend to ignore one important aspect of the same easy transfer of your assets and funds to your heirs in case of your death, which can only be implemented by drawing up a legal will.
A legal will is a carefully drafted and legalised document which smoothens the inheritance process to your duly authorised nominees without any legal litigations or regulatory directions once the will is duly probated and the banks and financial institutions will have to release or transfer the funds instantly to the legal nominee, and the facts will be backed l be supported by the legally executed will.
It is imperative to note that the nominee in the will can be changed and updated as and when needed and any person owing an asset can nominate any person, even a minor with a guardian [...]
Posted at February 25th, 2014 at 12:02 am
India is hopeful to revive its sagging and weak economy in the year 2014, and with a possible change of guard after the general elections, the new government needs to evaluate and analyze the long term strategy and give due importance to the exports of the company, which in turn will improve our fiscal deficit and give a momentum to many other segments and revitalize our economy Our focus must be to optimize the growth of our export market, which will eventually impact positively our employment sector and more people will be employed, our foreign reserves will present a healthy picture.
The export of our traditional exports like jute, tea, textiles, spices, must be spruced up and new sectors like software, automobiles, engineering products, medicines must be added to the traditional exports.
In our endeavour to maximize our exports [...]
Posted at January 29th, 2014 at 05:01 am
The dynamics of buying or investing in real estate has undergone a major change with buyers opting to initiate the process of buying a property choosing the platform of E Commerce and developers have responded positively by making websites to promote the projects and the websites are designed with all the intricate details of the project, which enables the buyer to virtually buy a property without even visiting the actual site and even the documentation, the sale deed, the registration, the possession letters are all effected online.
There is a revolution in the concept of real estate with the introduction of latest digital technology, internet, varied online tools and apps, and with user friendly websites, the prospective buyers which could be the local buyers or NRIs, the digital space suits the needs and budgets of all buyers.
Posted at December 24th, 2013 at 04:12 am
Indian economy is in a state of coma, with precarious balance of payments, and the situation spells doom if we do not cut down our imports, and stabilize the rate of inflation, and at the same time increase the exports.
The government till date is not aware of the gravity of the situation or perhaps shying away from facing the harsh realities of the economy and is afraid to face the facts and the naked truth.
With rising oil prices, the imports will have to be curtailed, to keep a check on the recession and inflation, and the government has to bring in a sense of stability and security for the FDI to invest in India.
On the other hand, with the drop in the Indian Rupee, it is imperative that the exporters take advantage of the situation and take a hands on attitude in taking to China and scale new heights in terms of exports as it [...]
Posted at December 10th, 2013 at 03:12 am
Online advertisements for employment have opened a new avenue for prospective job seekers, however not only have the job frauds shot up, the fraudsters have looted thousands of job seekers by using innovative methods and technology.
In the year 2013, job frauds highest number of job frauds have been recorded, and the modus-operandi of the fraudsters is that they pose as representative of the company, calling the employment seekers for fake interviews which are conducted on line and over the telephone, and then the job seeker is asked to deposit a huge sum of money in the bank account s of the fraudsters as an interview fee or fee for attending interview at a different city to take the interview process forward.
The fraudsters actually hack the landline phones of the company, and make fake phone calls for the jobs from their mobiles [...]
Posted at November 30th, 2013 at 12:11 am
The concept of homes has evolved in the last few years, and all the major cities are witnessing a rising demand for premium luxury homes and following the mantra of living life king size.
Keeping this in mind, real estate has undergone a tremendous change to accommodate the evolving needs of its consumers. The homes today have become highly elegant, and up market buyers of home want nothing short of splendid living and are absolutely clear about what they want in their dream abode.
The homes are designed with state of art amenities, strategically located near the work places, schools, and shopping zones.
Indians have become frequent travellers and have witnessed and stayed in some of the trendiest homes in foreign countries, and they have the urge to build and live in the same kind of plush homes here, and hence homes today have [...]
Posted at November 14th, 2013 at 12:11 am
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