World Of Finance

        World of Finance by M.Vijaya Sai The process of reforms as part of liberalization has resulted in greater investment in Indian economy. Government policies have become investment friendly and paper work reduced. The capital markets have also been able to receive huge inflow of funds. The Indian economy today is ready to face the competition from overseas market and International investors see India has a potential market for excellent return on investment. Policy Changes Industrial Policy The Indian government has ushered in a policy of reforms to bring about accelerated economic growth. The government has removed the requisition of industrial license except for certain sectors, simplified the procedure for investment and opened the market for foreign technology. Industrial Licensing The following industries require Industrial license. Public Sector enterprises. Industries retained under compulsory licensing. Manufacturing of products reser

        World of Finance by M.Vijaya Sai The basic needs of man are food, clothing, shelter and entertainment. Today, most of us have graduated from needs to luxuries. When the newspaper headlines were screaming inflation at 11.9 per cent, it became a topic of worry. Today, the challenges are not just high standard of living, high commodity prices, it's job loss too.  How do you deal with meeting your basic requirements with less means to buy them? While eating just one meal a day is good for Yogis and is a nice way to cut down costs, that is not what I'm suggesting. Instead, Try something simpler. 1. Eat at home Eating out can be expensive. If you are spending Rs 200 on eating out compared to Rs 50 at home, you would be surprised to know the kind of amount you are spending. A systematic investment plan of Rs 150 (200-50) a day saved for 30 years can give you returns in excess of Rs 5 crore! 2. Know what you are buying Plan your shopping. If y

        World of Finance by M.Vijaya Sai Round one in the unseemly quarrel between two financial regulators — the Securities and Exchange Board of India, or Sebi, and the Insurance Regulatory and Development Authority of India, or IRDA — on who should supervise ULIPs (unit-linked insurance plans), has gone to IRDA. The government has brokered a temporary truce, leaving the matter to be settled in court. But, for IRDA, it may turn out to be a case of winning a battle but losing the war. The debate is whether ULIPs, which are nothing but mutual fund schemes with the added protection of an insurance cover, should be regulated by Sebi or by IRDA. Sebi, the capital markets regulator, has pointed out that the attributes of ULIPs are very different from traditional insurance products, which is correct. But barring 14 insurance companies from selling ULIPs, was — to say the least — a hasty and thoughtless move on Sebi’s part, and could have created panic am

The ABC of Stock Market The Do’s and Don’ts Basics of Stock/Commodity market Stock Market is a place where the trading takes place. A place where lots of money is invested to buy stocks and lots of money is earned while selling stocks. Some people goes with profit and some people carries losses. But still for a trader it’s a everyday game. And in games there are certain rules and regulations to be followed then only you can’t make strategies and plans and play the game according to it and win it. For a new trader the first thing to know about is where to invest, how to invest, how much to invest and win the game of investment. Now the question is how to invest? When an investor starts investing in the stocks or the commodity market he has some prominent exchanges to invest in. Few important ones are as follows: 1. BSE (Bombay Stock Exchange ): BSE is the oldest stock exchange in Asia and has the greatest number of listed companies in the world, with 4700 listed as of August 20

        World of Finance by M.Vijaya Sai You protect physical property with security systems and watchdogs, you protect your intellectual property with a patent, copyright, or trademark. To use these safeguards, you need to know the steps involved in the patent process, the basics of copyright protection, and how to identify your design, idea, or other creative work legally. You can use trade secrets to protect yourself and your work as well, and to speak the lingo, you need to become familiar with a new set of acronyms. The Patent Process A patent is the most expensive and complex type of IP ( intellectual property) right. Decide whether you can protect your IP with a copyright, trademark, or service mark, or by keeping it under wraps as a trade secret before you go though the patent process. If you and your IP professional decide that a patent is the way to go, and you have the time and money to see the process through to the conclusion, here’s the pate

        World of Finance by M.Vijaya Sai What's the problem in Greece? Years of unrestrained spending, cheap lending and failure to implement financial reforms left Greece badly exposed when the global economic downturn struck. This whisked away a curtain of partly fiddled statistics to reveal debt levels and deficits that exceeded limits set by the eurozone. How big are these debts? National debt, put at €300 billion ($413.6 billion), is bigger than the country's economy, with some estimates predicting it will reach 120 percent of gross domestic product in 2010. The country's deficit -- how much more it spends than it takes in -- is 12.7 percent. So what happens now? Greece's credit rating -- the assessment of its ability to repay its debts -- has been downgraded to the lowest in the eurozone, meaning it will likely be viewed as a financial black hole by foreign investors. This leaves the country struggling to pay its bills as interest rates on

What is PPF…..??? Public Provident Fund (PPF) is a long-term, government-backed small savings scheme of the Central government started with the aim of providing old age income security to the workers in the unorganized sector and self-employed individuals. Currently, there are more than 30 lakh PPF account holders in India. An individual can have only one PPF account in India. Also, two adults cannot open a joint PPF account. The aggregate annual contribution towards PPF cannot exceed Rs.70,000 otherwise the excess amount will be returned without any interest. Currently, the interest rate offered through PPF is around 8 per cent, which is compounded annually. Interest is calculated on the lowest balance between the fifth day and last day of the calendar month and is credited to the account on March 31 every year. So to derive the maximum, the deposits should be made between 1st and 5th day of the month. People who are interested in liquidity or small-term gains would not be i