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Showing posts from January, 2020

Dearer Gold

          It is a known fact that Gold is used as a cash on hand commodity. They say it is an evergreen metal and investment. So what is it about this bright yellow piece of metal that makes it so dear, not only to people on earth but also to people being launched into space. Is it only its value? Its evergreen and ever increasing price or is it something else. A variety of factors play a role in making this metal so dear. Marketing and Myths  around Gold : The ancient Egyptians called it the flesh of Gods and buried the dead with it. It is also supposed to have an effect on ones heartbeat and blood pressure. Some astrologers believe in the benefits of gold depending upon the position of sun in ones horoscope. Parents gift their daughters gold in the form of jewellery on her wedding. The value of diamonds also increase when set in gold. Not much gold available in the mines : It is said that Gold was brought on the earth some 3.6 billion years ago by the collision of 2 meteors an

Women in Politics

India had a female Prime Minister, and a female President, and females are entering politics in great numbers. Their future in the political arena isn't really that bright as of today. The involvement of women in politics isn't a brand new concept in India. The battle for independence has seen women revolutionaries playing a role. Women were led by the Freedom Movement to politics foray and several of them made great sacrifices. With the 73rd Constitutional Amendment Act women obtained an equal share in India's government. They are part of state and local management, but are coming to take part in politics.  They've achieved a substantial role in the Parliament. We consider the statistics of the involvement of the woman in politics, there emerges a truth about the world's biggest democracy - which females are underrepresented during elections and in celebration structures. India is in the lowest quartile with regard to the amount of women in Parliament is worried. F

India is the Next Investor Market

Amidst the uncertainty, inflation, increasing prices and falling interest rates, India seems to be a viable option for anyone to Invest in if they wish to stay invested in the longer run. The 1 Dollar price point in India seems to be attracting not only International investors such as Jeff Bezos but is easier  to cater even in the home market itself. An Indian has very specific rules as far as spending is concerned. He will not spend more than Rs. 20/- on Biscuits, Rs. 100/- for a movie ticket or cab fare ( that too only if he has no other way of making the distance), Rs. 10/- for chips and If he has a celebration he can double it to Rs.200/- ( Rs. 200/- is reserved for treats e.g. if he has to buy nice imported cookies or eat in a restaurant). Looking at the above spending pattern it is clear that our Indian brother is very clear about staying in the 1 Dollar bracket, make it 2 Dollars max. For an Indian Family weekends is a Rs. 500 or approximately  8 to 10 Dollars affair. Parad

Savings and Subsidies in India

In the recent years the rising inflation has given rise to a number of problems in India including the snatching away of the risk taking ability of able Indians as well as creating a plethora of financial woes. The 14 % Inflation in India is due to the rise of prices of Vegetables. The rise of prices of vegetables is due to extreme seasonal weather.As per the data from NSO there has been an increasing rise of prices even in the core inflation group which  does not include fuel, food and school. Though there have been continuous efforts to bring the inflation levels down  it has been in vain. In todays times, it high time the Government takes immediate measures to increase consumption by not only increasing the rate of interest on fix deposits and other Financial Instruments but also by taking active steps by cutting corporate as well as individual taxes. If we look at the consumption patterns in some Gulf or western countries the consumption pattern has been on an upward curve