Walmart awaits for a grand welcome in India with Joint venture with Bharti.It has already stepped in Indian retail market through Best price and Easy Day.
The new so called FDI policy may create a bit of trouble for the same as well as the social factors for the retail giant.
The small grocery shops in and around the area of the store will have to shut down because of huge competition and heavy discounts passed on to customers.The other side or the brighter side is that these shopkeepers may buy from Walmart and satisfy their loyal customers.
The debate goes on and the TV channels have another masala to pour to public through political interference.
People are excited about these stores opening all over India.But Mr. PM, CM and respected authorities, do something about the infrastructure of the states so that we get the real Walmart and all other good brands who are willing to come provided the approach roads are good and convenient.
Thursday, November 24, 2011
Sunday, March 28, 2010
FD or MIS (Invest smart)
Its really confusing when we try to decide where to invest.Many options are available.
Invest smart series will discuss these options and comparison between them.
Invest smart -1
FD or MIS
We know FD as it is easy to invest and easy to calculate interest.Consider MIS too and then decide.Example given below will clear things.
Suppose Mr A invests Rs 90,000 in Bank FD for six years. With the rate of deposit hovering around 7%, Mr A will receive almost Rs 46,500 as interest at maturity and an option of compounded interest. On the other hand, if Mr B put Rs 90,000 into MIS today, he will receive Rs 600 every month for 72 months. He is entitled to Rs 43,200 in the form of monthly interest till maturity and Rs 4500 as bonus at the time of maturity. Mr B’s returns total Rs 47,700 in six years, which is higher than interest earned on the bank FD of the same tenure.
Suppose that Mr B did not require the monthly interest. So he opts for automatic transfer of MIS interest to Recurring Deposit. A sum of Rs 600 is deposited in his RD account every month, offering 7.5% per annum compounded quarterly. At the end of the sixth year, Mr B will receive almost Rs 51,400 from his RD account. The receivables from RD and the bonus on MIS total Rs 56,000 in six years. As a result, Mr B, who invested in MIS and monthly proceeds in RD, will accumulate Rs 9500 more than Mr A, who opted to invest in Bank FD of the same tenure.
The same features of MIS make it unattractive. The interest income is fully taxable as in the case of bank FDs. MIS do have an edge over bank FDs as there is no tax deduction at source (TDS). However, the bank FDs maturing above 5 years are subject to tax benefits under Sec 80C.
It will be definitely a better bet if one neglects the tax implications of the scheme. The rate of return is not interest rate sensitive. Though the general interest rates may fall further, the scheme will continue to fetch 8% fixed rate of interest. Further, a combination with RD will even earn an effective yield of 10.5%, which is attractive in times of uncertainty and falling interest rates.
Cheers!
Invest smart series will discuss these options and comparison between them.
Invest smart -1
FD or MIS
We know FD as it is easy to invest and easy to calculate interest.Consider MIS too and then decide.Example given below will clear things.
Suppose Mr A invests Rs 90,000 in Bank FD for six years. With the rate of deposit hovering around 7%, Mr A will receive almost Rs 46,500 as interest at maturity and an option of compounded interest. On the other hand, if Mr B put Rs 90,000 into MIS today, he will receive Rs 600 every month for 72 months. He is entitled to Rs 43,200 in the form of monthly interest till maturity and Rs 4500 as bonus at the time of maturity. Mr B’s returns total Rs 47,700 in six years, which is higher than interest earned on the bank FD of the same tenure.
Suppose that Mr B did not require the monthly interest. So he opts for automatic transfer of MIS interest to Recurring Deposit. A sum of Rs 600 is deposited in his RD account every month, offering 7.5% per annum compounded quarterly. At the end of the sixth year, Mr B will receive almost Rs 51,400 from his RD account. The receivables from RD and the bonus on MIS total Rs 56,000 in six years. As a result, Mr B, who invested in MIS and monthly proceeds in RD, will accumulate Rs 9500 more than Mr A, who opted to invest in Bank FD of the same tenure.
The same features of MIS make it unattractive. The interest income is fully taxable as in the case of bank FDs. MIS do have an edge over bank FDs as there is no tax deduction at source (TDS). However, the bank FDs maturing above 5 years are subject to tax benefits under Sec 80C.
It will be definitely a better bet if one neglects the tax implications of the scheme. The rate of return is not interest rate sensitive. Though the general interest rates may fall further, the scheme will continue to fetch 8% fixed rate of interest. Further, a combination with RD will even earn an effective yield of 10.5%, which is attractive in times of uncertainty and falling interest rates.
Cheers!
Thursday, January 28, 2010
Married Life - ?
Surprised !
Well people say that life really changes after you get MARRIED!
or
Change is necessary, so get married !
I too agree to so called proven facts and seeing SUFFERING people.
But yes, I am not suffering.
Touch wood
In fact if you ask me, its just like a hostel life, the difference being your room mate is permanent.It's all about how you take life,how you notice life, how you live life.
Life is really very small, i was just wondering that what if my spouse was with me since birth.
So,don't complaint, there is always a solution.Enjoy your life, respect your age and always thank God that you are a Human being.
Past is a history, future is unpredictable, present is a gift, that's why it is called "present".
Accept it everyday!!!
Well people say that life really changes after you get MARRIED!
or
Change is necessary, so get married !
I too agree to so called proven facts and seeing SUFFERING people.
But yes, I am not suffering.
Touch wood
In fact if you ask me, its just like a hostel life, the difference being your room mate is permanent.It's all about how you take life,how you notice life, how you live life.
Life is really very small, i was just wondering that what if my spouse was with me since birth.
So,don't complaint, there is always a solution.Enjoy your life, respect your age and always thank God that you are a Human being.
Past is a history, future is unpredictable, present is a gift, that's why it is called "present".
Accept it everyday!!!
Tuesday, January 12, 2010
Comedy - Take it or laugh at it
We TRY to laugh sometimes, casually,with or without purpose even if we are not happy.We TRY to change our mood to avoid or surpass daily or prospective pressures,tensions or anxieties.
Well its not funny at all.
What if we TRY to be happy and then laugh;may be ur laugh will be converted into a sweet smile most of the times.
It takes nothing,just keeps you cool.
One of the best way is to watch some comedy serial,movie,event etc.
Personally I enjoy watching sarabhai vs sarabhai or movies like Haseena maan jayegi.(nothing bad in watching Govinda movies,aleast he tries to make u laugh and bring smile.)
Keep Patience,Keep Smiling
Live life and dont just "TRY"
Well its not funny at all.
What if we TRY to be happy and then laugh;may be ur laugh will be converted into a sweet smile most of the times.
It takes nothing,just keeps you cool.
One of the best way is to watch some comedy serial,movie,event etc.
Personally I enjoy watching sarabhai vs sarabhai or movies like Haseena maan jayegi.(nothing bad in watching Govinda movies,aleast he tries to make u laugh and bring smile.)
Keep Patience,Keep Smiling
Live life and dont just "TRY"
Sunday, January 3, 2010
All is well !
"All is well". Does'nt avoid problems but yes gives a reasonable courage to face it.
Its psycological.You can refine and define above in your own words.But to face life is not easy.Before following above kinds of fundas,try to gain minimum learnings from your passions/subject/goal/aim.Do what you love to do...True but yes be sincere in what you do.We take it for granted.
"Expecting the world to treat you fairely because you are a good person is just like expecting a tiger not to attack you because you are a vegetarian"
Enjoy life with Sincerity........simple
Its psycological.You can refine and define above in your own words.But to face life is not easy.Before following above kinds of fundas,try to gain minimum learnings from your passions/subject/goal/aim.Do what you love to do...True but yes be sincere in what you do.We take it for granted.
"Expecting the world to treat you fairely because you are a good person is just like expecting a tiger not to attack you because you are a vegetarian"
Enjoy life with Sincerity........simple
Thursday, December 17, 2009
finance - my GOD
I fail to understand the negetive love and positive hatred towards finance ,specially in young generation.Its easy and reasonabally easy and necesary for a lifestyle to acheive.
Lifestyle......Finance !! sounds gosh
So u study finance or learn it just for the sake of passing exams or clear interview ?
Apply 10 % into your routine, time is saved.
Lifestyle......Finance !! sounds gosh
So u study finance or learn it just for the sake of passing exams or clear interview ?
Apply 10 % into your routine, time is saved.
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