Wednesday, October 26, 2011
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Wednesday, October 26, 2011
by estudentsguide.com ·
Saturday, September 24, 2011
Well i am very significant and sure that these plans are very competitive in terms of cost and most importantly service. I am sharing some of its most valuable packs and promotions.
Net10 has brought up Latest Unlimited Plans that includes : nationwide coverage and unlimited talk, text, and data, for $50 a month.
So you will be thinking of what extra benefits you will be getting from the Net10 service, so i would like to share some of the exemplary benefits from Net10 :
- There are no contracts, no surprise bills and no credit checks.
- Great nationwide coverage and excellent reception/connectivity.
- Long Distance Service is available to over 75 countries, for about 15 cents per minute on calls originated in the US.
- International Neighbors program is currently available to Canada and Mexico. This program gives you a special phone number that your family and friends can use to reach you at your NET10 number.
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- The Easy Minutes Plus plan is an automatic minutes plan that starts at $15.00 for 200 minutes.
- With Pay-As-You-Go Plans, your minutes carry over with active service.
- Unlimited Minutes, Text and Web for $50.00/month.
- Switch between plans each month to suit your budget and airtime needs, without penalties or fees.
- Airtime can be purchased online, at a nearby store, or directly from your phone.
Real NET10 customer
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Saturday, September 24, 2011
by estudentsguide.com ·
Monday, September 19, 2011
In the first such effort, Tata group chairman Ratan Tata has signed on a leading scientist from the globally renowned Massachusetts Institute of Technology (MIT) to commercialize cutting-edge research that promises to produce cheap power from water.
Daniel Nocera, a professor of chemistry and energy, and his group of elite scientists at MIT attracted attention from Tata when he heard they had found a way towards one of science’s holy grails—to imitate photosynthesis, the process by which plants breathe, and produce power while doing so.
“I met him in September, and in October we signed,” Nocera said on the sidelines of EmTech India, a technology conference organized by MIT’s magazine for innovation, Technology Review.
Nocera would not disclose any more details of the deal. “I think you should ask Mr Tata that,” he said, before flying to Mumbai to meet Tata on Monday.
As he did with the Nano small car and the Swach non-electric water purifier, Tata hopes Nocera’s solution will be the latest in the group’s effort to serve the “bottom of the pyramid” and turn a profit while doing so, said a Tata group executive who spoke on condition of anonymity.
Tata’s hope is that Nocera’s “personalized energy” can produce a stand-alone, mini-power plant, perhaps a refrigerator-sized box, that could reinvent rural electricity supply and bring power to about three billion people worldwide who don’t have it.
Nocera said MIT’s technique has seen more than a year of preliminary research and hopes to produce enough electricity from a bottle-and-half of water, however dirty, to power a small home.
“We hope to have a prototype in a year-and-a-half,” said Nocera, whose other backers include Bob Metcalfe, co-inventor of the Ethernet and a former director of the US’ Central Intelligence Agency.
It is too early to say which Tata company will take MIT’s technology to market, the Tata official said. The Swach water purifier was developed by three Tata companies.
The deal with MIT is fundamentally new for the Tatas because Nocera’s technology is at a very early stage. As Nocera acknowledged, his research has not yet been published, though it is being submitted to the journal Science.
The idea of imitating the tiny chemical engines in plants, which essentially generate power from the sun by splitting water molecules, is not new and has energized science since the 19th century. Commercially available electrolyses devices can split water, but they are costly and need clean water.
Nocera’s solution can use even human waste water, “from the front and back”, as he put it euphemistically.
It was only 45 days ago that Nocera’s scientists made their biggest breakthrough, plunging an artificial silicon “leaf”, coated with a proprietary solution of cobalt and phosphate, into a jar of water and coaxed it to generate power at efficiencies that now exceed solar panels.
Still, the process of cracking the “most guarded secret of plants”, as Science magazine put it in 1912, is still in the research stage, and there are many issues that need to be solved. That includes dealing with the waste gases produced and how to get the system into a box that can be manufactured and sold on a mass scale.
“Mr Tata told me, ‘You know what you’re getting with me, right? Patience’,” said Nocera, who is also the energy industry’s go-to man for global energy calculations.
Nocera estimates that the world consumes 14 terawatts (TW) of power today. By 2050, it will need 16TW. If his solution works, said Nocera, it would need a swimming pool full of water every day to meet the world’s electricity needs. For the Tatas, the bet on Nocera and MIT is obviously likely to be a big one.
Read latest tutorials on education only At e-Students Guide (http://www.estudentsguide.com/)
Monday, September 19, 2011
by estudentsguide.com ·
A shift in speculative activity from equity cash market to derivatives market could be a factor, a Morgan Stanley study says
How long have investors in the Indian markets been holding on to stocks in the backdrop of high volatility and tepid returns in the past four years? Morgan Stanley has come out with an interesting report which addresses this question.
The study finds that investors are holding on to equity investments much longer now than they were during the bull phase between 2003 and 2007.
Back then, the average holding period was around 20 months, or a little over a year-and-a-half. It now stands at around 35 months, or nearly three years, having almost doubled compared with the bull phase. To be sure, the rise has been gradual since mid-2003, but has accelerated since 2009.
The average holding period for foreign institutional investors (FIIs), who account for a large part of trading in the cash market, had steadily come down to as low as 14 months by the end of the bull market in early 2008. Since 2009, it started rising sharply and now stands at 22 months, Morgan Stanley’s calculations show. This is the highest level for FIIs since 2004.
Why are investors holding on to stocks longer now than they did during the bull phase between 2003 and 2007, when the Indian markets rose by over 500%?
Morgan Stanley points out that one factor may be the shift of speculative activity from the equity cash market to the derivatives market.
Cash market turnover now amounts to less than 10% of derivatives market turnover. The extent of intraday trading in the cash market has come down. With less speculative activity in the cash market, the calculation of investors’ holding period would naturally be influenced.
Even so, it’s interesting to note that investors, including FIIs, are holding on to Indian stocks for longer periods.
In the past, such a rise in the level of holding period of stocks had occurred during bear markers and right before the onset of a bull phase, such as between mid-2000 and 2003.
But with the uncertainty in the global economy, and considering that Indian markets have already doubled from their lows during the financial crisis, it seems unlikely that they are on the verge of another bull run.
Read latest tutorials on education only At e-Students Guide (http://www.estudentsguide.com/)
by estudentsguide.com ·
Monday, August 29, 2011
So you will be thinking of what extra benefits you will be getting from the Net10 service, so i would like to share some of the exemplary benefits from Net10 :
- There are no contracts, no surprise bills and no credit checks.
- Great nationwide coverage and excellent reception/connectivity.
- Long Distance Service is available to over 75 countries, for about 15 cents per minute on calls originated in the US.
- International Neighbors program is currently available to Canada and Mexico. This program gives you a special phone number that your family and friends can use to reach you at your NET10 number.
To know more about exciting plans and offers check out the Net10 Commercial below:
Cute NET10 commercial
Plans are more simpler and provides flexibility with no monthly commitments. Some of Net10 Monthly Plans are :
- The Easy Minutes Plus plan is an automatic minutes plan that starts at $15.00 for 200 minutes.
- With Pay-As-You-Go Plans, your minutes carry over with active service.
- Unlimited Minutes, Text and Web for $50.00/month.
- Switch between plans each month to suit your budget and airtime needs, without penalties or fees.
- Airtime can be purchased online, at a nearby store, or directly from your phone.
Real NET10 customer
Stay Updated about latest plans & promotions of Net10 on Facebook and Twitter:
http://twitter.com/#!/Net10_Wi…
https://www.facebook.com/NET10…
Monday, August 29, 2011
by estudentsguide.com ·
Sunday, July 10, 2011
Despite the much-hyped rural consumption boom and all the social sector programmes of the government, the income inequality between the rural and urban consumer widened to 91% in the first five years of the United Progressive Alliance coming to power in 2004.
According to the 66th round of the household consumption expenditure survey released by the National Sample Survey Office (NSSO) on Friday, the per capita expenditure level of the urban consumer is now 91% higher than his rural counterpart, compared with 80% in the earlier 61st round of the survey conducted in 2004-05.
Though NSSO has declared that it will carry out the consumption survey again in the current fiscal as 2009-10 was a drought year, given that during the five years from the earlier survey the economy grew at an average of 8.64%, the trickle-down effect may not be happening as expected, analysts said.
N.C. Saxena, a member of the National Advisory Council, said this was because both agriculture and rural safety nets are in bad shape.
“Unfortunately, agriculture is in a state of collapse. Per capita food production is going down. Rural infrastructure such as power, road transport facilities are in a poor state,” he said. “All the safety net programmes are not working at all, with rural job scheme and public distribution system performing far below their potential. This has added to the suffering of rural India while market forces are acting in favour of urban India, which is why it is progressing at a faster rate.”
Without an official income survey, India relies on the consumption survey to measure income growth.
Among the major states, Kerala (Rs. 1,835) had the highest rural monthly per capita consumption expenditure (MPCE), followed by Punjab (Rs. 1,649) and Haryana (Rs. 1,510). Maharashtra (Rs. ,437) and Kerala (Rs. 2,413) were the two major states with the highest urban MPCE, followed by Haryana (Rs. 2,321). Urban MPCE was lowest in Bihar (Rs. 1,238).
The average urban MPCE was 28% higher than rural MPCE in Punjab, 31% higher in Kerala, and 41% higher in Rajasthan.
While average MPCE was Rs. 1,054, the median, or mid-point, rural MPCE was Rs. 895, signifying half the rural population belonged to households with consumption expenditure below Rs. 30 per day.
In urban India, where average MPCE was Rs. 1,984, the median MPCE was Rs. 1,502, meaning half the urban population had consumption expenditure below Rs. 50 per day.
Saxena said the government needs to look for imaginative solutions for rural India. “There has been no evaluation of social safety programmes,” he said. “Overall Plan expenditure in agriculture is very low, with most of the bogus schemes not benefiting the farmers.”
However, the survey shows an increase in consumption power across the country. The rural per capita consumption has grown 6% in 2009-10 against 1.2% in 2004-05. Similarly, urban per capita consumption has risen 6.8% compared with 2.9% in the earlier survey.
Indira Rajaraman, professor emeritus at the National Institute of Public Finance and Policy, said the survey data was encouraging. “If the survey shows 50% of rural population lives below Rs. 30 a day, then it is an improvement over the unorganized sector committee report (chaired by Arjun Sengupta), which showed 77% of the Indian population lives below Rs. 20 per day.”
Rajaraman said a growing urban-rural divide was inevitable in the process of development. “If there is absolute improvement in rural income, then rising disparity is not that worrisome. It only shows that though rural India has done well, urban India has only done better,” she said.
The survey shows the share of the food basket in total consumption expenditure is coming down in both rural and urban India. The share of food in consumer expenditure was 57% in rural India and 44.4% in urban India.
The share of food in total consumption has declined since 1987-88 by about 10 percentage points to 53.6% in the rural sector and by about 16 percentage points to 40.7% in the urban sector.
In rural India, people are spending less and less on cereals, edible oil and fruits. They are spending more on pulses, milk, non-vegetarian items and beverages. In urban India, consumption of nearly all food items is either going down or is constant compared with the earlier survey.
In both rural and urban India, consumption of non-food items, which include consumer durables, education and recreation, among others, has gone up as a result of the decline in expenditure on food items.
The five-year survey carried out between July 2009 and June 2010 surveyed 7,428 villages and 5,263 blocks. The survey covered 41,697 samples in urban areas and 59,097 samples in rural areas.
Sunday, July 10, 2011
by estudentsguide.com ·
"The rupee term loan has a door-to-door maturity of 12 years with a drawdown period of four years," NTPC said in a release."The loan shall be utilized for financing the capital expenditure of ongoing and new projects."
NTPC, which has a power generation capacity of 34,584 megawatts (MW), plans to increase its installed capacity to 75,000MW by 2017 and become a 128,000MW utility by 2032.
The company’s deal with the state-owned lender comes as funding for new power projects has been losing steam.
"The number of power project financing deals in India, which had been rapidly increasing up to the early part of 2010, has now begun to slow," rating agency Fitch Inc. said in a report last month. Fitch attributed this to lending constraints on banks by the Reserve Bank of India and heightened risk awareness of power projects.
The nation’s power sector is facing an acute shortage of funds. The 11th Plan (2007-12) targeted an addition of 78,577MW of power generation capacity, requiring an investment of Rs10.31 trillion. The power ministry estimates there will be a shortfall of Rs4.51 trillion. The sector will need investment of $400 billion (Rs17.72 trillion today) during the 12th Plan.
NTPC alone would require an investment of around Rs30,000 crore annually, leading to a capital expenditure of around Rs15 trillion during the 12th Plan. A bulk of this, just over Rs1 trillion, will be raised as debt. NTPC currently has debt of around Rs37,783 crore on its books.
NTPC reported a net profit of Rs9,102.59 crore on revenue of Rs59,247.84 crore in 2010-11.
by estudentsguide.com ·
Monday, March 21, 2011
You have got only a few more months to complete this financial year. Very soon you will get a call from your company to submit the proofs for tax saving investments. So why don’t you spend some time on organising your tax plan?
1) Proper Allocation of Annual compensation :
Restructuring your salary with some additional components can reduce your tax liability. This restructuring doesn’t require any additional cash outflow. The following components can be efficiently used to reduce your income tax liability.
- Transport allowance to the extend of Rs.800 is exempt
- Medical expenses which are reimbursed by the employer are exempt to the tune of Rs.15000
- Food coupons like sodexo or ticket restaurant are exempt from tax up to Rs.60000
- Individuals who are all living in a rented accommodation can include House Rent Allowance ( HRA ) as a part of their salary
- Leave Travel Allowance (LTA) can be part of your salary as this can be claimed twice in a block of 4 years.
2) Effective Utilization of Tax Exemption :
As far as possible utilize the maximum exemptions available under section 80 C, 80 CCF and 80 D. The maximum exemption available under section 80 C is Rs. 100000.
Under this section Rs.100000 investment or contribution can be made in PPF, NSC, Life insurance premium, 5 year FD with banks and Post offices, Mutual Fund ELSS, Principal Repayment of housing loan, and the tuition fees paid for children’s education.
Under Section 80 CCF, you can invest up to Rs.20000 in infrastructure bonds.
Under Sec 80 D, the premium paid towards the mediclaim policies are exempt. The maximum limit of exemption is Rs.15000 and for senior citizens the limit is Rs.20000 and for covering senior citizen parents there is an additional exemption to the extend of Rs.15000.
3) Properly Structure your Housing Loan :
The Principal repayment of a housing loan is eligible for a deduction up to Rs.100000. The interest paid on a housing loan is eligible for a deduction up to Rs.150000. If the housing loan is for a sizeable amount, then it is possible that the principal repayment and interest may exceed the specified tax exemption limit. To utilise the maximum tax benefit, an individual can consider going for a joint home loan with his/her spouse or parent or sibling. This will make sure that both the co-owners can claim tax deductions in the proportion of their holding in the loan.
4) Tax Plan in Sync with Overall Financial Plan :
You should not do your tax plan in isolation. You need to do it in sync with your overall financial plan. So a tax plan is not only to just save taxes and also it should assist you in achieving your other financial goals like children’s higher education, buying a home or retirement.
5) Avoid Last Minute Rush :
In fact the right time to do the tax plan is the beginning of the financial year. If you postpone your tax planning even now and do it in the last minute, then you will not be able to choose the right investment. In the last minute rush, you will be forced to choose a scheme which gives the proof immediately. Is the investment sound and profitable? Is there any other better options? You will not be able to choose the best scheme and you may settle with a mediocre one.
6) Invest Some Quality Time :
Before investing your money, you need to invest your time. You need to take some quality time to understand the various tax saving options and compare their benefits and limitations.
7) Check for Future Commitments :
Some tax saving options like NSC or ELSS need only onetime investment. Some other tax saving options like PPF, Ulips need periodical investments year after year. You need to be careful in choosing a tax saving scheme where you need to commit for periodical future payments. You need to check on a few things like; do you need such a future commitment? Will you be able to meet the future commitments at ease? The law may change and you may not get any tax exemption for your future payments. Would you consider the scheme irrespective of tax benefit for the future payments?
8) Changed Your Job; Redo your Tax Plan :
Did you switch your job in the middle of the financial year? Then you need to redo your tax plan with consolidating the income from both the companies. It is advisable to inform the new company about the income during the particular financial year from the old company. So that your new company will deduct the right amount of TDS. Otherwise you may need to pay extra tax at the end of the financial year.
Whenever you change your job, you need to have a sitting with your financial planner or tax advisor. So that the required changes in your tax plan can be done proactively.
With proper tax planning you can reduce your tax liability; save more; invest better and become wealthier.
Written for Stocks Catalog by Ramalingam K, an MBA (Finance) and Certified Financial Planner. He is the Founder and Director of Holistic Investment Planners . He can be reached at ramalingam@holisticinvestment.in.
Read latest tutorials on education only At e-Students Guide (http://www.estudentsguide.com/)
Monday, March 21, 2011
by ESG-Network ·
Monday, March 14, 2011
Don’t put off today what you can’t afford to do tomorrow. In spite of the world wide pension crisis and a growing acceptance that we must plan and save for our retirement, the harsh reality is we are actually not saving enough. Research reports reveal that only 15% of the individuals are saving sufficiently for their retired life. Here are a few tips on things to do before you retire so that your retired life is more comfortable and enjoyable.
Get Rid of All Your Debts :
If you are taking a housing loan, personal loan, car loan or any other loan make sure that you will be repaying them on or before your retirement. You need to choose the term of the loan in accordance with your retirement age. You can enjoy your retired life when you have 100% financial freedom, not when you have to repay your loans.
Protect Your Emergency fund :
Emergency expenses can happen any time. But the possibility goes up during the old age. So we need to enhance the emergency reserve year on year based on the inflation and change in your expense levels. Emergency fund will give you a sense of security and also you need not touch your other investments during emergency where you need to pay pre-closure penalty. Also don’t forget to refill the emergency fund once you met an expense out of emergency fund.
Establish a Retirement Budget :
You need to visualize your retired life well in advance and need to create a budget for your retirement. That is you will not be going to office. So the expenses on transport and clothes may come down. Also you will have more time to spend. You may need to spend more on leisure travel and health care.
Examine Your Cash Flow :
Take a close look at your cash inflow as well as outflow. Is there going to be any income after retirement? Like rent, royalty…. Would there be any unwanted outflow during retired life? Like paying life insurance, or SIP. At times during your beginning of the career , you could have taken a policy where you need to pay premium up to the age of 60. But now you may plan to retire at 55 itself. So you need to realign your existing policy and other investments in sync with your retirement age.
Grow Your Retirement Corpus :
Find out how much corpus you need to have when you retire so that you will be having complete financial freedom. A professional financial planner will of great assistance to you in this regard.
Develop a withdrawal strategy :
How are you planning to withdraw your cash outflow during retirement from the retirement corpus? Monthly, quarterly, half yearly or annually? Through Sytematic Withdrawal plan in mutual funds or by way of dividend or interest. All these will have a great impact on the corpus you need to accumulate. So you need to decide in advance.
Minimize taxes :
Your retirement corpus and retirement income need to be tax efficient. You need to pay taxes as and when the fixed deposits matures irrespective of that you withdraw interest or reinvest under a cumulative option. But you need to pay interest only when you withdraw from the mutual funds. Careful selection of investment vehicle can reduce your tax during the retired life.
Get Sufficient Mediclaim coverage :
The moment you retire, your employer will stop covering you under the group mediclaim. So you need to plan for your individual medical cover well in advance. At old age the medical expenses are inevitable. If you have not planned it properly the all your retirement plan will become a mess.
Consider Inflation adjusted annuities :
The monthly income you need when you retire is not going to be the same even after 5 years of your retirement. Inflation will increase your retirement expenses year after year. So year after year your retirement income needs to go up.
Oversee estate planning :
How your fixed assets and financial assets need to be distributed to your legal heirs? Create a WILL. You can avoid creating relationship problems to your next generation because of your left out wealth.
Monday, March 14, 2011
by ESG-Network ·
Monday, February 21, 2011

Mukesh Ambani led Reliance Industries Limited (RIL) has signed an agreement with oil major British Petroleum (BP) for 30 per cent stake in Reliance Industries' 23 oil and gas blocks including the KG-D6 gas fields. The deal is valued at $7.2 billion and is one of the biggest foreign direct investments (FDI) in the country.
The two companies will also form a 50:50 joint venture for sourcing and marketing of gas in India.
"BP will pay Reliance Industries Limited an aggregate consideration of US$7.2 billion, and completion adjustments, for the interests to be acquired in the 23 production sharing contracts. Future performance payments of up to US$1.8 billion could be paid based on exploration success that results in development of commercial discoveries. These payments and combined investment could amount to US$20 billion," RIL said in a statement.
While RIL will get $7.2 billion from BP for 30 per cent stake in its oil and gas blocks, "another $1.8 billion is contingent on finding more hydrocarbon resources. The balance $11 billion is an estimate for the investments over the next many years in building the joint venture," Mukesh Ambani said from London.
"We needed one major global energy partner. In Reliance's assessment BP is the best finder of deep water hydrocarbons in the world," Ambani added on the association with BP.
The 23 oil and gas blocks together cover approximately 270,000 square kilometres. This will make the partnership India's largest private sector holder of exploration acreage.
The deal is "subject to necessary government approvals. All blocks are under NELP and we expect to apply for government approval and expect to get them soon. We expect to close the deal in the April-March 2012 fiscal", Ambani added.
The deal is seen as a positive for Reliance. Ambareesh Baliga of Karvy Stock Broking said the rumour (about the deal) was in the market since the morning. This will play up tomorrow as it is extremely positive news. RIL has been an underperformer for the last 2 years. RIL rose 2.22 per cent on the NSE today though the deal was announced after market hours.
Commenting on the deal former chairman of ONGC RS Sharma said, “This is positive news for the entire E&P (exploration and production) sector for India. The deal covers the entire value chain - upstream and downstream." Referring to the Cairn-Vedanta deal that has failed to take off, Sharma said "the sentiments have been negatively impacted because of one deal...this deal shows confidence in the Indian oil sector."
"This partnership meets BP's strategy of forming alliances with strong national partners, taking material positions in significant hydrocarbon basins and increasing our exposure to growing energy markets," said Mr. Carl-Henric Svanberg, Chairman of BP.
Monday, February 21, 2011
by estudentsguide.com ·




