SEBI has withdrawn the entry load on Mutual Funds investments. This is a welcome move from SEBI’s side to the investors but the Mutual Fund people are worried thinking about the negative effect that it can create. The fear is that they feel that the distributors would now push more of ULIP’s for earning better commission. ULIP’s offer a good rate of commission for the distributors. SEBI made a clear statement of the issue that was raised by stating that it would work best for the investors in the long run, all these adverse effect are to be seen only for a short term period. Lets see how things would shape up in future.
June 23, 2009
June 20, 2009
Is Deflation a problem?
Is Deflation a problem?

Inflation was a problem which we have been hearing normally over the years, and we are too new to Deflation. Is deflation a problem? You might have heard that India’s inflation figures has dropped to a negative 1.61%. We all are aware what Inflation means so normally deflation would just make the opposite of Inflation.
India witnessed the last deflation 33 years ago,(any ways I was not here to witness that) As for a normal person when we hear that its deflation it would mean that the prices have come down, but if we go to the market to find out the truth we can see that its still the same and has not made an difference, then what does this deflation figures actually mean. Don’t be confused over that in India the inflation rate is calculated on an year on year (YOY) basis on the whole sale price index.
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June 18, 2009
June 17, 2009
The Search Engine War

For many years the whole search engine Market was going on dull without any major changes, when Google stood the number one position closely followed by Yahoo. There was nothing new only dullness was found over the years. Google was indexing more pages than anyone. Things changed with the changes in search with the introduction of new and specialized search engines lately. I have tried most of the new ones like bing, cuil,wolframalpha, Google squared labs .But none other than Google came to my mind when felt that I needed a search.

June 16, 2009
Any ATM Any Card- You can have it free

Starting from April, All transactions from ATM’s of different Banks were made free. In simple sense you can make your ATM card to work with any bank’s ATM machine which is free of change now. Before the bank changed Rs 20- Rs 50 per transaction depending on the bank. Most of the banks were not prepared for this move, and many banks were not ready with the technical side.
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June 15, 2009
How to file your Taxes

We are often battling with the income tax forms and we often take special care in making things accurate, still one error can cause you loss of money and can question your hardwork that you have spend working out for them. With the changes that comes to the form one thing is pretty sure that the columns are only increasing yearly. Some of them needs to be changed over time and its a happy note to write that there are changes with your income tax norms too.
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Tips in Selecting the best insurance cover

The modern world anywhere you live has become a place where uncertainty is the ruler, many people have recognized it, as more people began to know more about this truth the insurance market is gaining popularity. No matter what the insurance is for be it health or for life people now has the tendency to save money to cover them for. In India there is not a policy still at hand that covers you when you have lost your employment (but it may come in the future).
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June 10, 2009
Recurring Deposit or Jeevan Saral ? Which is the best?

You all might have heard and has an idea of what is meant by recurring deposits schemes, acquiring small amounts of money and investing it for long term and to reap better returns at maturity. The usual players in the field were banks and post offices, now there is a new entry to this sector… any guess? Its the LIC or the Life Insurance Corporation of India. The LIC has started a special plan called “Jeevan Saral” which is famous now, Its launch was a couple of years back.
Jeevan Saral can be termed as a simple assurance plan where the policy holder choose the amount and also the mode of the premium payment. It also gives the policy holder protection from death which is of 250 times of the monthly premium, that he pays. With the age of the policy holder the terms also changes. The benefit at death includes the total risk cover plus the loyalty bonus if any. There is also promise by the LIC about the returns of premium which excludes the first year premiums and extra rider premiums.



