World Of Finance

        World of Finance by M.Vijaya Sa   Few step for an enterprise to become an export organisation are:- 1) REGISTRATION AS A BUSINESS ENTITY:- A new export unit can be started by registering as proprietorship, partnership or imited liability company.   2) IEC NUMBER - Any company wish to export/import need to obtain a Import Export code(IEC) number. IEC is issued by Regional licensing authority of DGFT. For communication with any office in regard to for export and import needs IEC number.   3) RCMC means the certificate of registration and membership granted by an Export Promotion Council/ Commodity Board/ Development Authority or other competent authority as prescribed by Foreign Trade Policy to an exporting unit.   Any person, applying for a licence/ authorisation/certificate/permission to import/ export or any other benefit or concession under Foreign Trade Policy is required to furnish (RCMC). It is also required for executing a bond before Central Ex

        World of Finance by M.Vijaya Sai Incoterms are standard trade definitions most commonly used in international sales contracts. Devised and published by the International Chamber of Commerce, they are at the heart of world trade.Among the best known Incoterms are EXW (Ex works), FOB (Free on Board), CIF (Cost, Insurance and Freight), DDU (Delivered Duty Unpaid), and CPT (Carriage Paid To).ICC introduced the first version of Incoterms - short for "International Commercial Terms" - in 1936. Since then, ICC expert lawyers and trade practitioners have updated them six times to keep pace with the development of international trade.ICC is currently revising Incoterms 2000. The new edition, Incoterms 2011, is expected to enter into force on 1 January 2011.Most contracts made after 1 January 2000 will refer to the latest edition of Incoterms, which came into force on that date. The correct reference is to "Incoterms 2000". Unless the parties decid

        World of Finance by M.Vijaya Sai India has been one of the best performers in the world economy in recent years, but rapidly rising inflation and the complexities of running the world’s biggest democracy are proving challenging. Indian economy opened its doors to the global market since 1991, after the introduction of liberalization. Before 1991, the Indian economy was characterized by extensive regulation, protectionism and public owner ship, leading to pervasive corruption and slow growth. The reforms that were initiated by Prime Minister P V Narsimha Rao with his Finance Minister Manmohan Singh, did away the Licence Raj (investment, industrial and import licensing) and ended many public monopolies, allowing automatic approval of Foreign Direct Investment in many sectors. Since then India has emerged as the fastest growing economies in the world. Recent growth Trends Indian economy has grown by more than 9% for the three years running and has witnessed a d

        World of Finance by M.Vijaya Sai After several years of rapid growth, 2009 will prove a testing year for India. Since the whole world is in trouble with a deep recession, huge economic drop and other financial crisis we suffer a lot from problems. Even though at end of the 3rd financial quarter it show a good sign of recovery in every sector but comparatively with world developing economies we are falling down. That is Chain’s exports growth at December is 17.7% India’s exports growth at December is 15% Like this we are back at some places but overall we gain more than we loose. The various we gained are as follows: Inflation: Inflation continues to pose a threat. Inflation peaked at 12% in early August ‘08. Inflation is being caused by rapid growth (demand pull factors) but, also the cost push inflation factors (rising oil prices). Hopefully, the fall in oil prices and higher interest rates will reduce inflation without causing too much of a slo

        World of Finance by M.Vijaya Sai Real Estate Finance development Real estate investment means investing in immovable properties like land and properties attached to it like buildings. Real estate investments can provide alluring returns and these returns attract plenty of investors. Demand for these real estates are constantly at a rise and it is a good idea to have a better idea about the different financial options. The leading developers employ asset managers and these managers can offer a clear idea about the different finance options and as a result the borrowers get the benefits. The entire process of real estate purchase and sell happen within the guidelines of the Federal government. Real estate can be used as collateral for mortgages and financial assets. Many investors across different nations follow different strategies for offering real estate finance opportunities to the potential property seekers. There are different financial service p

        World of Finance by M.Vijaya Sai India is one of the favorite places for foreign investor to place their money. It is not only the money that trades in stock market but it is an indispensable amount which we can’t even think of neglecting. India has got a growing economy and is a safe heaven. The economy has successfully overcome the affects of the economic downturn. Recently Securities and Exchange Board of India (SEBI) has proposed new trading timings for Indian stock markets . In this article we will discuss the relevance of this proposal.   A Review on Increased trading hours Trading in Indian stock markets starts at 9:55 am and goes on till 3:30 pm, it goes on for around five and half hours. SEBI the regulator of Indian securities market has come up with new timings forstock markets . According to the new time table the markets will start trading from 9 am and will go on till 5 pm. SEBI has said that the new timings will be implemented only after

        World of Finance by M.Vijaya Sai First of all World of Finance wishes you all a Very Happy New Year 2010, a job well-begun is half done, like the saying goes it is our responsibility to make sure we have well defined investment plans for the new year to ensure a safe and secured future. There is a quote “People are so worried about what they eat between Christmas and the New Year, but they really should be worried about what they eat between the New Year and Christmas”. The gap between Christmas and New Year is only 6 days but still people are more concerned about this than the remaining 360 days. Indirectly it indicates the unplanned and short sighted financial decision of people. There is no life without money ; each and every aspect of human life is closely related with money. A poor financial decision can entirely break the stability of one’s societal life. World of Finance is making an effort to suggest some best investments for the year 2010. Hope