Floriculture is one of the booming sectors. As we know that India is known for its rich festivals, cultures, traditions, and customs. Even the popularity of valentine day is increasing day and day, so today on any occasion people prefer to give flowers rather than other gift items.
Archive for the ‘business’ Category
Business of gifting flowers – booming future in floriculture
February 15th, 2010 
Malvika 
Posted in business 
Tags: American Communities, Bouquets, Civilization, Crore, Crores, Farmers, Floriculture Industry, Flower Garden, Global Market, Government Of India, Green House Effect, Import Rate, Maharashtra, Maharashtra India, Market Flowers, Medicines, No Men, Peace And Harmony, Peak Seasons, Peasant, Perfumes, Refinement, Sectors, Traditions And Customs, Valentine Day 
Comments OffAll about flexi bank account
February 9th, 2010 Tushar Mathur On the banks website under deposit schemes you must have come across flexi bank account or must have heard some where, but what exactly flexi bank account is?
Banks have introduced a new banking account- flexi bank account under this they offer higher interest of a fixed deposit and the liquidity of a savings account.
Posted in business, india, News, NRI Banking, NRI Investing, Personal Finance Tags: Bank Accounts, Banking Account, banks, Benefit, Cash Requirements, Cheque, Deposit Account, Deposit Schemes, Fixed Deposit, Liquidity, Rs 1, Rs 50, savings account, Savings Accounts, Sweep Account, Term Deposit, Zero Balance Comments OffBest investment option for senior citizen to earn regular income
February 9th, 2010 Tushar Mathur Whether a person is employed or approaching the retirement age, everyone searches for investment avenues which are safe and can offer regular income. Although one can find various schemes of investment but security of money is most important factor.
Posted in business, india, News, NRI Banking, NRI Investing, Personal Finance Tags: Fixed Deposits, Fixed Income Instruments, Fixed Rate, Government Of India, Income Tax Act, Interest Income, Investment Avenues, Investment Option, Needs Of Senior Citizens, Nsc, Ppf, Rate Of Return, Retirement Age, Retirement Scheme, Rs 1, Savings Scheme, Scss, Senior Citizen, Shortfall, Tax Deducted At Source Comments OffInvestment options to Save Tax under Section 80C
February 9th, 2010 Tushar Mathur No one likes paying tax and it prompts everyone to look for options that may reduce their tax liability. There are many provisions to do this and one of the most common options is the tax deductions under Section 80 C of the Income Tax Act.
Posted in business, india, Mutual Funds, News, NRI Investing Tags: Absolute Protection, Employee Provident Fund, Encashment, Fixed Deposits, Income Tax Act, Interest Income, Investment Avenues, Investment options, Kid On The Block, Little Knowledge, Maximum Limit, National Savings, New Kid On The Block, Nsc, Public Provident Fund, Tax Deduction, Tax Deductions, Tax Liability, Taxable Income, Tuition Fee Comments OffIndia Stocks Fall on Lower-Than-Expected Offers for NTPC Shares
February 9th, 2010 Tushar Mathur Indian stocks fell the most in a week, led by construction companies, on concern the government will raise less than expected from share sales to fund infrastructure and after it postponed the sale of mobile phone licenses.
Jaiprakash Associates Ltd., a builder of dams and roads, slumped to the lowest in three months after investors offered the government lower prices than forecast for equity in NTPC Ltd., a power producer.
Posted in business, india, Mutual Funds, News, NRI Investing Tags: 3g Auction, Auction Delay, Bombay Stock Exchange, Dlf Ltd India, Exchange Web, Fiscal Deficit, India Stocks, Indian Stocks, Karvy Stock Broking Ltd, Mirchandani, National Stock Exchange, Ntpc Ltd, Ntpc Share, Power Generator, Power Producer, Rupees, Sensitive Index, Share Sales, Stock Broking, Sustainable Basis Comments OffRBI Call on Debt Funds to Hurt Indian Funds
February 9th, 2010 Tushar Mathur Heightened scrutiny by India’s central bank on debt investments by the country’s banks will take a toll on the domestic mutual fund industry’s asset growth, with banks set to shrink their fund holdings.
In recent weeks, the Reserve Bank of India has ratcheted up its rhetoric on the potential risk posed by the so-called circular trade between banks and mutual funds, where banks invest excess cash in debt funds while fund houses use a large portion of these debt fund proceeds to invest in banks’ certificate of deposits.
The central bank, in a private note issued to banks has asked banks to act as “self regulators” on their debt fund investments, three people familiar with the matter had told Dow Jones Newswires in mid-December.
Certificates of deposits are short-term instruments used by banks to raise funds.
While banks generally cut their mutual fund assets exposure at the end of each quarter to meet capital adequacy requirements, industry experts expect future data to show that the RBI’s moral suasion is having some impact.
Mutual fund assets in the quarter ended Dec.
Posted in business, india, Mutual Funds, News, NRI Investing Tags: Asset Growth, Bank Investments, Bank Of India, Capital Adequacy, Certificate Of Deposits, Certificates Of Deposits, Debt Fund, Debt Funds, Debt Investments, Dow Jones, Dow Jones Newswires, Excess Cash, Fund Investments, Money Market Funds, Moral Suasion, Mutual Fund Assets, Private Note, Reserve Bank of India, Rupees, Sinha Comments OffBanks report surge in Casa ratio as against fixed deposits
February 4th, 2010 Tushar Mathur In the past few months term deposit rates have lost sheen as banks have reduced rates. Now people prefer to park their money in current account savings accounts (Casa) rather than investing their money in fixed deposits for longer duration.
Posted in business, india, News, NRI Banking, NRI Investing, Personal Finance Tags: Bank Of India, Banks Report, Current Account, December 31, Duration, Fixed Deposits, Hdfc Bank, Interest Rates, Investing Money, Private Sector Bank, Quarter Ended December, Rs 1, savings account, SBI, Sheen, State Bank, State Bank Of India, Term Deposit Rates, Term Deposits, Treasury Comments OffIndia Inc may lose tax cover on MF investments
January 23rd, 2010 Tushar Mathur Capital markets regulator Securities and Exchange Board of India (SEBI) wants the government to scrap tax benefits for corporates investing in mutual funds (MFs), a proposal, if accepted by the government, could deal a body blow to local asset management companies and other firms.
The regulator has also proposed to the government that the securities transaction tax, or STT, which is levied on buying or selling of stocks and on derivatives trade, should be cut by one-third and that a uniform stamp duty be levied and collected by a central agency.
These proposals have been forwarded to the finance ministry, in the run-up to the Budget, said a person with the knowledge of the proposal.
Posted in business, india, Mutual Funds, News, NRI Investing Tags: Asset Management Companies, Assets Under Management, Bank Of India, Body Blow, Capital Markets, Corporate Treasuries, Corporates, Debt Schemes, Exchange Board, Finance Ministry, India Inc, Institutional Funds, Investing In Mutual Funds, Lakh, Outflow, Reserve Bank of India, Sebi, Securities And Exchange Board Of India, Stamp Duty, Transaction Tax Comments OffHigh inflation can reduced your fixed deposit close to zero
January 19th, 2010 Tushar Mathur Last year all the banks reduced their fixed deposit rates for almost every period. Currently, according to official inflation figure is above 7 per cent which is a bad news.
Posted in business, india, News, NRI Banking, NRI Investing, Personal Finance Tags: Bad News, Bse, Chief Executive Officer, Consumer Price Index, Cost Of Living, Current Rate, Eye Opener, Fds, Financial Planner, Fixed Deposit Rates, Fixed Deposits, Income Tax, Inflation Figure, Lows, Nominal Rate, Rate Of Return, Reliance Mutual Fund, Retail Prices, Sensex, Stock Index Comments OffFixed deposits come with more benefits
January 6th, 2010 Tushar Mathur Fixed deposits (FDs) a traditional investment option has been a vital part of every investor’s portfolio, due to assured rate of return. However FDs have been plain vanilla products with no additional benefits attached to it.
Posted in business, india, News, NRI Banking, NRI Investing, Personal Finance Tags: Accident Insurance, banks, Clauses, Fd, Fds, Finance Companies, Fixed Deposits, HDFC, Interest Rate, Investment Option, Investor, Lakh, Maturity, Offering Insurance, Rate Of Interest, Rate Of Return, Tenure, Traditional Investment, Vanilla Products, Worth Rs Comments OffBanks low-cost deposits share drop to a 10-year low
December 28th, 2009 Tushar Mathur In the recent times group of pubic sector banks has witnessed drop in their low-cost deposits, the drop is a 10-year low While individuals are preferring bulk deposits and more are depositing more money in fixed deposits, which offered higher interests a year ago.
Also, the opening of customer-savvy private sector banks is responsible for bringing down investments in low-cost deposits (savings and current account balances) at public sector banks.
This year public sector banks, savings and current account balances accounted to 31 per cent of their total deposits, which was 34 per cent in 1999 and was at peak of 38 per cent in 2066, as per the study conducted by Indian unit of London-based investment banking group, Noble.
But among the public sector banks there have been some of the exceptional banks like State Bank of India (SBI) and Bank of Baroda (BoB).
Posted in business, india, News, NRI Banking, NRI Investing, Personal Finance Tags: Bank Of Baroda, Bank Of India, Current Account Balances, Fixed Deposits, Hdfc Bank, Icici Bank, Investment Banking Group, Liquidity, Private Banks, Private Sector Banks, Public Sector Bank, Public Sector Banks, Retail Loans, Salary Accounts, SBI, State Bank, State Bank Of India, Term Deposits, Times Group, Wholesale Deposits Comments OffBanks continue to invest in mutual funds, ignore RBI directions
December 7th, 2009 Tushar Mathur The Reserve Bank of India (RBI) has told banks not to invest in mutual funds, mainly because the credit off take has still not improved, but they continue to give funds to asset management companies.
As per the latest RBI report, by fortnight ended November 20 the investments done by banks in MF schemes has increased from Rs 4,173 crore to Rs 1,64,656 crore.
Posted in business, india, News, NRI Banking, NRI Investing, Personal Finance Tags: Asset Management Companies, Bank Of India, Borrowings, Crore, Crr, Fortnight, Internal Targets, Investment Banks, Liquid Funds, Mf, Monetary Policy, Mutual Funds Investments, Poor Credit, Rbi Guidelines, Reserve Bank of India, Reverse Repo, Rs 1, Subbarao, Surplus Funds, Surpluses Comments OffTop 10 Mutual Funds in India
December 3rd, 2009 Tushar Mathur India can be an investors paradise or and investors nightmare. India was a region hit hard by the economic downturn of the last couple of years but has been bouncing back nicely from the nearly 53% lose taken last year.
Posted in business, india, Mutual Funds, News, NRI Investing Tags: Canadian Insurer, Capital Asset Management, Economic Downturn, Financial Services Group, Franklin Resources Inc, Franklin Templeton, Icici Prudential, India Fund, India India, Kotak Mahindra Bank, Kotak Mahindra Bank Ltd, Prudential Asset Management, Prudential Plc, Punjab National Bank, Reliance Capital, Standard Life Investments, Start Ups, State Bank Of India, Tata Group, Templeton Asset Management Comments OffUTI to be first on NSE mutual fund platform
December 3rd, 2009 Tushar Mathur Around 30 of the 100 schemes of UTI Mutual Fund will be listed on the new NSE Mutual Fund platform.
The liquid schemes will not be included among them, said a top UTI official.
For the fund industry, it will be a new technology-driven initiative when UTI MF lists its schemes on Monday on NSE’s new platform – the Mutual Fund Service System (MFSS).
In November 2000 a similar initiative by the Association of Mutual Funds in India made it possible for Indian funds to declare their NAVs on a common platform.
BSE to join soon
Around 10 mutual funds are expected to join NSE’s platform within a week’s time, an NSE official said.
Posted in business, india, Mutual Funds, News, NRI Investing Tags: Bank Account Details, Business Day, Business Investor, Driven Initiative, Launch, Mf, Mfss, mutual fund, Mutual Funds, Nav, Navs, New Technology, Nse, Personal Identification Number, Redemption, Spokesperson, Telecom Network, Transaction Facility, Transaction Platform, UTI Comments OffNow you could trade Mutual Funds on NSE
December 3rd, 2009 Tushar Mathur Sounds interesting after ETF’s now it the time for Mutual Funds to get traded.
The National Stock Exchange on Tuesday announced the introduction of mutual fund service system, a platform on which mutual fund units will be traded through the stock exchange infrastructure, from November 30.
The Bombay Stock Exchange is also developing a similar platform with Central Depository Services.
All trading members of the exchange who are registered with the Association of Mutual Funds of India as mutual fund advisors and who have signed up with specific AMCs will be eligible to participate in MFSS.
Posted in business, india, Mutual Funds, News, NRI Investing Tags: Amcs, Bombay Stock Exchange, Depository Services, Etf, india, Infrastructure, Investors, Mf, Mfss, Modes, Mutual Fund Units, Mutual Funds, National Stock Exchange, Nse, participants, Redemption Requests, Sounds, Telecom Network, Timelines, Volatility Comments Off
