Festivals!

It’s a very joy to all the age of people and everybody will be in joy mood.

Nowadays, festival is becoming one of the commercial businesses in India. All the shops were declaring offers to increase there business in big day, I agree, this will take place to buy cloths/goods at discounted price.

Long ago, on the day of festival in India, all the people visit their relatives/grand’s house to celebrate festivals together.

Get blessing from grandma/pa and sharing sweets or spending time together.

These days, lot of programs in television and we almost engage on it, spending full day before the television.

Also we need to take today’s young generation to temples and to attend bajan’s

We need to start to cultivate these habits to our generation otherwise they even get chance to forget relatives.

Dubai

One of the countries that were affected due to recent recession is Dubai.

Dubai government allowed to spent a lot of money to built resorts in sea. To build almost most of the civil engineers across world was appointed.

Opening of the resort was one of the biggest functions that turns other people in other countries towards this opening and spent lot of money on this to attract foreigners.

Top VIP’s across world were invested in real estate in Dubai that includes Hollywood artiest, businessman, international real estate owners and cine artiest across world.

Dubai identified some 10 years back that the oil would become dry in next 20 years so they planned to divert tourists towards their resorts so they invested lots of money in real estate.

As recession was hits almost all developed countries. The visits of tourist become lower and other skipped to do investment in resorts in Dubai.

Dubai expected that the resorts would sell out while under construction but the investment in real estate getting lesser due to recession.

Due to this, real estate companies are sending out their staff and most of the affected builders were from India, Colombo, Philippines and Thailand.

Intermediate

Will you like to buy any product? Would you like to see your project?

In this case, role of intermediate is essential one to buy/sell products.

It means, “Taking place between two extremes, or a bridge connect both sides"

In some circumstances, by paying little amount to them, we can get it done some works instead of direct presence of ours.

In finance sector to market their product these intermediates perform a vital role.

Even though advertisement is one of the good weapon to attack customers thru’ media, a customer requires a personal touch to do trade.

For instance, a company having service center in Chennai and they are serving customers around 10 million, if it’s so, they must have at least 100 staff to do service only.

To appoint 100 staff under service center in Chennai, the company needs to pay salary as huge and other benefits too. By appointing intermediates with little fee, the transaction will be completed and after service would be taken care off as per agreement between company and intermediate.

In between, intermediate would work more and more to get more fees and it’s successful to get market share.

Requirement of intermediates are based on the demand of the product in market, vice verse.

After your age of 60

What I have to tell about our life after 60 :-)

Do we feel comfortable at this age? Do we feel satisfy our life at this age?

Do we face again and again the same financial problem?

Of course, we require sufficient financial support and moral support from our family.

You will get support from your family based on your activities of now and even though if you get good support from your family, you need to depend on them for moral support if you hospitalized.

But financially, you need to start up your financial planning now. Do not worry about your past and still you had sufficient time in your hand.

One of the cheap financial planning for long term and my own is term insurance and SIP investment in mutual fund.

Just for an example:

Now you are at 25 yrs of old

You have to invest 20000INR per year, that is,

Term insurance: 8000/pa
SIP in mutual fund: 12000/pa

You will get insurance coverage around 25lakhs till your age of 60 and you have to invest 8000INR per year for next 35 years. You will get your investment amount and with slight interest, that is, after 60. So your life is covered with basic insurance.

Next, your investment amount of 12000INR/pa would be in diversify scheme in mutual fund thru’ systematic investment plan, that is, 1000 per month for next 35 years.

So you will get these two benefits by investing simply 20000INR/pa. Do not feel that 20000INR is such a big amount to invest. May be for next two years it will be difficult after that the real value of 20000INR will be lower. If it is so, what's the real value of 20000INR after 10 years from now.

Also you need to revise life cover and SIP investment in mutual fund based on your salary every 5 years.

Your investment will increase currently based on your present age and your necessitate life coverage.

Further details on this, please get in touch with your financial planner.

At last and final one, do not discontinue your investment in between.

Garbage recycling - Unbelievable

Garbage recycling - Unbelievable information

Even though it’s garbage, we can try to recycle it to keep our green earth naturally.

Day by day, we are wasting lot of used materials, which we can easily use to recycle for some other work. Without doing recycling, we are just going for new one.

You can find lots of garbage in both sides of railway tracks. Did our govt. noticed? Or did you noticed?

Visualize about railway tracks, there are more than 23000 kms of railway tracks in India, if we maintain properly, we can easily decrease our garbage by 15-20%.

We will see a simple calculation below.

It’s time for you to visualize, start now!

1547 train runs per day and more than 10000 railway stations in India.

Average 7 trains Arr/Dep in platform per second, if it is so, shops in railway station sells around 150 tea/coffee per train.

150 cups per train * 1500 trains average per day = 225000 disposal paper cups per day!

One more shocking information to you that you will get around 2500 disposal cups from a tree, it mean that, we need to cut 100 trees per day to make 250000 disposal paper cups.

Before buying paper materials, please do think that % growth of trees getting down day by day.

Suggestion from my side – Govt. can place tenders to business people to clean up the area and use for recycling.

RTGS & NEFT

Real Time Gross Settlement and National Electronic Fund Transfer

As you must aware that finance plays a vital role to scale their economic growth in all the countries. If you take any kind of trade, currency is the essence of trade and it’s not possible to find out whether the trade is resulting with profit or loss.

In India, RBI (Reserve Bank of India) is issuing and controlling the flow of currencies and they route thru’ banking channels to distribute the currencies to public. As you must aware that RBI has started their work to introduce polymer currency with denomination of 10INR soon.

Also I used to see the clearing section (cheque processing section) in banks some couple of years back that they kept on checking account holders cheque to process an account holders instruction by transferring amount from one account to other account with in bank or with other banks in locally or nationally.

It takes minimum of two days to get funds cleared for local cheque and a week for outstation cheque with collection charges paid by account holders.

As a development, RBI had come up with normal transaction and high transaction, which says below 100000INR as low value transaction and above 100000INR as high value transaction and recently there was a change in process of high transaction from 100000INR to 2500000INR.

Finally, RBI had decided to eliminate the high value transaction thru’ cheques from January 1st, 2010 and RBI promotes online transfer, that is, NEFT (National Electronic Fund Transfer) which stands for 100000INR below and RTGS (Real Time Gross Settlement) which stands for 100000 and above INR transaction thru’ online transfer by using net banking.

RTGS takes to transfer funds immediately within the cut off time and NEFT takes a day within the cut off time.

Poes Garden

It’s one of the richest places in Chennai with most of the VIP’s residential area and one of the costliest areas in middle Chennai.

I used to go to Alwarpet from my resident, which is in Nungambakkam via. Sterling road, Haddows road, Nungambakkam high road, cathedral road and TTK Road. Journey time is about 15-20 mins for me to reach office with normal traffic.

While coming back from office to home, I used to go via Poes garden and the maintenance of Poes garden was good and green.

Some of the VIP’s are residing in Poes garden are Rajinikanth (Cine artist), Jayalalitha (Ex-CM of Tamilnadu) etc.,

After loves Poes garden drive, I can manage somehow to cross Gemini Bridge and Nungambakkam high road in evening with huge traffic.

Oh god! Is there any other way to cross Cholaimedu signal? It takes minimum of 30mins (Less than a KM) to cross this area as all other vehicle moves inch by inch and pollution is very most horrible, day by day the traffic in this area getting more time and worst.

Bio-Petrol

The most expecting fuel for our next generation is Bio-petrol!

Yes!

Seeing that, this bio-petrol will available in low cost which is lesser than three times of the cost of normal petrol (currently using) and the result of bio-petrol is five times better than our normal petrol (currently using)

Imagine the usage of bio-petrol!!!

Before coming to market, there were lots of researches doing analyst to see the result of bio-petrol in different situation across world.

If the result of bio-petrol comes up with positively, there will be vast changes in machineries across all the sectors.

The usage of machineries, motors and heavy vehicles were adept with petrol that we are using presently.

As well, there are some of disadvantages if we use bio-petrol.

We need to wait till the solution comes.

Yes, am waiting!!!

Advanced debit card

Advanced debit card

At first, banks used to provide three different types of card to their account holder, that is, ATM card, Debit card and Credit card.

Days passed, banks were issued ATM cum debit card to magnetize customers.

If one have account with different banks, each bank offers card and it’s very difficult for the account holder to keep or maintain or by memorized PIN for all the cards.

In addition, banks are forced to increase the count of ATM to provide service to account holder, due to this, you can find 3-4 ATM’s in one complex.

Finally, Reserve Bank of India (RBI) advised banks not to aggressive to open new ATM’s and come up with new regulation that an account holder can withdraw money from other ATM, that is, where the account holder does not account with the bank.

With the new regulation, account holders are withdrawing their money by using other ATM’s frequently and it hit banker’s profit.

Further regulation by RBI is account holder can withdraw their money by using other bank’s ATM up to five free transactions.

Am expecting RBI may come up with facility that account holder can have account with any banks in India and a common debit card can provide and that service can offer by RBI, as it’s not necessary to memorize PIN for each and every card also all the transaction can be monitor by RBI under direct control.

Blue-ray disc

Blue-ray disc (Next generation's disc)

What is Blue-ray disc?
What is the use of Blue-ray disc?
Why we need to use Blue-ray disc?
How economic by using Blue-ray disc?
What are the advantages of Blue-ray disc?

Hey, for all the above questions have single answer and the answer is next generation’s disc! (I.e. Blue-ray Disc)

Yes, you can store your file between 25 GB and 350 GB based on type of layers in Blue-ray disc.

Start to calculate, how many films you can store in one Blue-ray disc! Wow!

In near future, we can access our system without hard disk and with lot of packages. Programmers were started to research and analysts blue-ray disc about the advantages and disadvantages.

World leading consumer electronic, media and personal computer companies like Apple, LG, Panasonic, HP, IBM, Samsung, Philips, Dell, Sharp and Sony were started to use blue-ray in their product in different types to attract their customer.

At first, due to demand of the blue-ray disc, the cost will be much higher vice versa it will be cheaper when there is no demand like current CD/DVD with 650MB.

Am expecting blue-ray product that will place in mobile and camera soon, will see our future that is very near, start to count down!

Bullet trains in India

Bullet train across all the stations in India

Bullet train recently launched in our capital city and the service of the railway dept. is prompt and quite good.

Delhi railway faced lot of problems when the railway bride was under construction.

Soon the bullet train will start to run between important stations and the remote cities near by metro will development in a big way.

Most of the people will stay in their own city, that is, which is within 300-400 kms near metro cities and they can do up and down daily for a journey period of 1 to 1 ½ hours to cover 300-400 kms.

As Indian govt. allotted maximum share to develop infrastructure and the growth of this sector will have average 20% per year.

This project will have the maximum placement in different dept., as railway requires manpower to appoint all the stations.

This project will bid by top 5 software companies to develop software, hope they started to work on this.

Export and Import

Ample growth in Export and Import business

It’s one of the least number of participants in this business when compare to other developing countries.

In recent data, only 0.01% of total population in India was participated in this business and has ample growth in next 10-15 yrs of time frame.

One needs to start in minimal transaction in domestic or international trade. By gaining these experiences, can do huge level of volume turn over per day.

As we know that our Indians were settled and working across world, by using these links, easily start their business.

There are lot of subsidiaries were announced in recent years to participate more people to do more trade in this business.

Without exporting goods from India can earn a lots by Re-export, that is, buying goods from one country and redirecting to other countries.

Movie 2012

Movie 2012

After lot of expectations the movie 2012 was nice and heart touching scenes. Multimedia guys were worked very well on how to delivery imaginations of Hollywood Director Roland Emmerich.

Audiences were eagerly watched jackson’s family escape scenes, huge tsunami, earth quakes and the huge fire balls from volcano.

Roland Emmerich did home work in all views where if world goes wrong in terms of south and north poles interchange, moving direction of earth etc.

Some of the hits which was delivered by Roland Emmerich’s are 10000BC, The day after tomorrow, The patriot, Godzilla and The Independence Day. Almost all of his movies were run successfully across world.

2012 movie is one of the good examples on how the multimedia sector is growing and plays a vital role in all sectors in near future.

Studies in aboard

Studies in aboard by Indian students

Now, I know that you started to visualize about this subject in your mind.

As per recent government data, most of the Indian students were landing in aboard for their higher studies. By studying there, students were doing part time jobs like flower shop, serving customer in restaurant and other small activities to earn income for their packet money or facing real time marketing jobs.

Why they are not doing these jobs in India? Why they are not giving hands to India’s growth?

Their parents were spending lots of money for their travel, accommodations and study fees.

As a middle family, they are taking risk, that is, availing loans from bank and sending them to aboard for studies.

In recent recession, most of the Indian students were affected due to non-availability of jobs in aboard and their government started giving preference to their citizen first.

Due to this, middle family students are struggling there for their accommodation, food and even return tickets to India.

Also we are supporting other countries for their growth thru' our students by paying lots of money to their government. Instead of losing money like this, we can spend locally and step ups in study levels that magnetize other students towards India and earn a lot.

Indian government has planned to open another 10/12 IIM in India and government needs to provide the high-class education to all the students with supports from local or international industry.

Indian government needs to allocate funds for students project and other promotional activities.

As an India, we are in right track now… we should not lose our pep!

Keep on rocking students! Jai Hind!