Current affair & development

Hello reader! Wishing you very happy reading . 𝐍𝐂𝐃 𝐕𝐬 𝐃𝐞𝐛𝐭 𝐌𝐅: 𝐀 𝐛𝐫𝐢𝐞𝐟 𝐧𝐨𝐭𝐞 𝐨𝐧 𝐡𝐨𝐰 𝐭𝐨 𝐦𝐢𝐧𝐢𝐦𝐢𝐳𝐞 𝐂𝐫𝐞𝐝𝐢𝐭 𝐫𝐢𝐬𝐤. In India, currently: NCD (Non convertible debenture) is giving 8 to 10%. And  Debt mutual fund is expected to give 8 to 10%. Which one will you choose? Probably answer will vary for different investors to investor. Agree? But do you know? If you invest rs 100,000 in one NCD and rs 100,000 in one Debt-MF. In this situation, investing in one NCD will have more credit risk as compared to one Debt-MF? (figure is indicative) Please don't take above as theory. Instead of this, think this way. Giving your money to one person will have more credit risk as compared giving to different persons. However in case of Mutual funds, your money will be invested at different places by AMC (Assets management Company). Plan like this : invest in different NCD, and different MF to minimize your credit risk. Agree?? TAX aspect : tax rate will be also d...

The world Health Organization (WHO) has labelled  the Indian variant of novel corona virus as variant of global concern. According to WHO: t he Indian variant — B.1.617 — has not only demonstrated “increased admissibility” but also a higher resistance to vaccine-enabled immunity, due to which it has been classified as a “variant of concern at a global level”. Earlier, the UK variant (B.1.1.7), the South African variant (B.1.351) and the Brazilian variant (P.1) were also labelled as variants of concern. WHO Chief Scientist Soumya Swaminathan who said that “people should go ahead and  get whatever vaccine is available  to them”. We can also see, there is no proper arrangement and people are crowding for vaccine. Please take vaccine, but avoid crowding.  Government has informed that production capacity of (a) Covishield of Serum Institute, (b) Covaxin of Bharat Biotech, and (c)  Sputnik V of  Russias; has been ramp up. So from July 2021 actual production...

Hello readers,  Wishing you very happy reading ☺️ How insurance company will play with you and even you wont be aware of it.  I was going through one of policy name: #Tata AIA Life Insurance Fortune Guarantee Plus.  Here if in case policyholder die during policy term, then insurance company will be in benefit. Ie. Policy holders will be at big loss.  Explained below.   In this policy, company offers approx 6.25% for long-term (i.e 50 years). Income will be also tax free under 10(10d). This seems quite attractive.  Lets take a case to brinfly precise week point of the policy: Premium payment term : 12years Policy Term : 15 years (12 +3). Guranteed income: over 35 years after end of policy term. I<-----12Y----+---3Y---->I<------35Y--------->I  Age 30y Annual premium - 1 lacs pa.  In case of death during "POLICY TERM" (i.e. Upto 15th year in above case): company will return only "sum assured" which is 12 lacs.  Lets assumes policy ho...

  Hi, Good day to all of you. Use headphones for clear audio. NRI is restricted from many of these products (Strategy exist to some extent). This is my small effort to help people, specifically those who are not from financial/commerce backgrounds, who rely on Bank for investment. INDIA. Refer Link for- VIDEO . In my video I have tried to share that how can you eliminate the risk of default in your investment. This true that money in any bank (either Government or Private) has no guarantee, except Rs 5 lacs per bank per customer. In addition to my video, some other sovereign guarantee products also available : >> if you have daughter, please must open Sukanya samriddhi yojana. >> if your wife or you have lower than 15000 pm of income and you are farmer then please open pension account in PM Kisan Madham Yojana. >> If you plan to invest in Gold, then please buy Sovereign Gold bond from Bank instead of buying physical gold. It will give you guranteed more return tha...

Hello reader, Wishing you very happy reading. Topic : Should Indian government evaluate the impact on vaccine supply in India due to Adar Poonawalla left India?  As we all know, Mr. Adar Poonawalla,  Chief Executive Officer of the Serum Institute of India, has left India with his family (wife, children) for London. In the mean while, also there is news that he has plan to set new manufacturing unit out side India. This plan has created a doubt in my mind from Indian perspective that whether his this move will have any impact on vaccine supply in India? As we know being Indian company, his success on developing vaccine is equally counted as success of India. So India have privilege of vaccine supply with this point of view. But Mr. Poonawalla's this move to left India for London, will any how impact on vaccine supply in India? This must be evaluated by Indian Government. He has claimed that he has left India because of getting threat from various people. Can this really be...

Hello readers,  Wishing you very happy reading ☺️ Topic: Growing scope & opportunity for big Industries in Bihar.  In last few years government has done good work in electricity production in Bihar. If you will search on Google about thermal power plant in Bihar then you will come to know that good work has been done in this area in last few years and further capacity expansion is also in-progress. Earlier unavailability of electricity was one of the key problem for attracting industry.  Another key issues was transportation, which is significantly good now with highway and airport connectivity.  We are really happy that Government is putting effort to attract industry. Few days back, Pepsi had announced to set up bottling plant in Begusarai.  Further, Central Government has approved mega food park in Muzaffarpur, Bihar and with this announcement Haldiram is working to set up its food processing plant in Bihar. We are very sure that industry will be able to ...

Hello every, Good day to you and wishing you happy reading. In this pandemic, the situation in India has become very bad and not under control till now. As we know resources are limited like doctor, nurse, medicine, medical equipment etc. Every person who has symptoms of cold or fever is just scared. And because of this fear, they are very nervous. So they approach a hospital for covid test, and if his/her report is positive then they immediately think of getting treatment and occupy space in a hospital. Think ! Does every patient need to be hospitalized? Answer would be BIG NO... As per many expert, more than 80% of patient are treated at home isolation without any special treatment.  Then why is everyone trying to get treatment and occupy bed in hospital?? Because of this greedy or self centered practice, we simply exhaust the limited resources.  So this practice will not only create problems for Covid patients, but also many other patients will not be able to receive e...