Indian Stock Market News and Views.
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Tips For A Great Shopping
Sep 22nd
Become a smart shopper
With increased personal income at disposal and of course things that are easily available, you need to become a smart shopper. The effects of advertising and consumerism have increased to such an extent, that many a times people end up buying things that they don’t even need.
How to make sure that you buy the things that you require and spend less doing that. Well there are certain tips that you can really follow.
How not to go overboard with shopping.
Don’t go shopping when you are really low or in a bad mood. You will use shopping as a retail therapy and buy even the things that you don’t need.
Carry a limited amount of cash. This means that you can buy only as much cash as you have. This will also ensure that you effectively stay within the budget.
We won’t say that don’t carry the credit cards while you are shopping. But resist the urge to charge everything to the card. Remember that at the end of the month, you will still have to make the payments. Junk all credit cards but one. This will ensure that you don’t transfer the balance from one card to the other.
Stocks That Outperformed by 400%
Sep 19th
Believe it or not these are some of the stocks that outperformed by 400% In a very short span of time of 6 Months
Period ranges from Mar 2009 and August 2009
Small Investors Cheated By Stock Brokers
Sep 5th
There are many complaints from the side of the investors that many brokers have taken their money to keep the accounts of high asset value clients accounts stable during the market falls. Many of the small investors have been trading pretty well in the bull run that had before January. So small investors where keeping a small margin in their accounts to meet with the future requirement.
Many small investors were in this situation and when they found out that the money was missing with them in their accounts they took complaints to the broker who assured them that they would get back their money and this was postponed to more than 6 months, the small investor who was quite unaware of the measures that would have taken at a situation like this were in a fix. According to the rules of the stock exchange the investor can only go for a complaint to the arbitration committee of the stock exchange in a period of six months from which the incident occurred. The case like this after six months has become “time barred” according to the bye laws. In such a situation like that the only option for the investor would be to file a civil suit which would go long for years.
Plan Your Child’s Future
Aug 16th
A child as a new member is always an occasion for joy in the family. The parents has made another important milestone in their life. The dream of any parent would be to give best for their children and they also think that what the parents was not able to get in their childhood it should be given for their child. Many parents now start investing for the future of their child at early stages itself. Investing in your child’s future is what many parents does as soon as they are born which would help the parents to build a pillar of strength as the child grows.
ICICI Banks “New Terms” Get Hold Of Credit Card Defaulters At Salary Source
Jul 28th
ICICI bank is going forward with a tool to empower them which allows to collect defaulters credit card payments from the employer. Its a situation were the employees would not be able to get a hold nor object with the deduction of the default payment dues at source. The move which is now made by ICICI would be backed by the rest of the banks. This is stated with the new clause stated in the terms and conditions. There is no law which bars a bank from such a move, the move is expect to effect only the people who make defaults with their credit card payment.
Is Deflation a problem?
Jun 20th
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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Any ATM Any Card- You can have it free
Jun 16th
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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How to file your Taxes
Jun 15th
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
Jun 15th
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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Recurring Deposit or Jeevan Saral ? Which is the best?
Jun 10th
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.
