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2015
  • When disaster strikes, it is best to be prepared. Protection is the key when faced with danger, and life insurance policy acts as a shield that keeps the harm and loss at bay.
life-insurance
 

How to find optimum sum assured

  • Given that it is used by people to not only protect themselves but also their belongings and loved ones, how does one decide that a particular level of insurance, especially life insurance would be enough?

2015
  • On May 15, 2014, as the nation waited for the general election results and it was almost certain that Narendra Modi would be the CEO of India for the next five years, I had recommended 10 things India’s new Prime Minister should do. With just over a year since then and the government about to complete year 1 in power, a lot has happened in the country.
  • Modi has traveled the world, his party, in coalition, has formed the state government in Jammu & Kashmir; BJP has had moderate successes in other elections but was routed in Delhi by the Aam Aadmi Party. Most visibly, the government, although having an absolute majority in the Lok Sabha, is struggling to take the opposition along in the Rajya Sabha, where it is woefully short in numbers, and that has meant several important legislations are stuck.

2015

The Finance Minister in his budget speech for the Union Budget 2015-16 made the following announcement:

  • India is one of the largest consumers of gold in the world and imports as much as 800-1000 tonnes of gold each year.
  • Though stocks of gold in India are estimated to be over 20,000 tonnes, most of this gold is neither traded, nor monetized.

2015
  • The present Government, under the leadership of Shri Narendra Modi, has presented its second budget on 28th February 2015.
  • The Finance Minister, Shri Arun Jaitley, stated in the Para 4 of his budget speech that his proposals lay out a roadmap for accelerating growth, enhancing investment and passing on the benefit of the growth process to the common man, woman, youth and child, i.e. those, whose quality of life needs to be improved.
  • To achieve this objective, he has proposed several steps in his speech.
  • In the field of taxation he has adopted six broad themes, viz.
    • Measures to curb black money
    • Job creation through revival of growth and investment

2015

If Not Google?

Not Just Google; Yahoo, Microsoft and others provide similar services too.
  • Google runs your life.
  • The search giant turned web ecosystem owns your email, calendar, and even your voicemails.
  • Your most important data lives on Google’s servers.
  • What you may not realize is that, despite the quality of Google’s products, someone else is doing it better—and placing all your eggs in Google’s basket isn’t necessarily the best thing.
  • Here’s a look at alternative services you can use in place of Google services.

2015

Saradha Chit Fund Scam

  • Saradha group of companies were established in the year 2006 by Master Mind Sudipta Sen and spread in the states of West Bengal, Assam, Jharkhand, Orissa, Bihar   Chhattisgarh.
  • Estimated amount collected : Rs. 20,000 to 30,000 crore

Modus Operandi

  • Business started in the name of Sarada Devi, who is wife of Shri RamKrishna Paramhans, a highly respected spiritual guru born in West Bengal. Name of Sarita Devi also known as Mother Sarada used to gain trust of the people in the fund.

Financial Management