Month: March 2012
Below are all the posts archived for the month.
OneMint by Numbers
in Opinion
There hasn’t been a post on the site for the last couple of days because OneMint has now moved from a shared web host to a VPS (Virtual Private Server) and I had to stop posting while that work was going on. This was triggered because of a notification from my web host about high
Continue reading
How can Goa manage to reduce petrol price by Rs.11?
in Articles
I was amazed to read that Mr. Manohar Parrikar has promised to reduce the price of petrol in Goa by Rs. 11 and I was really curious to see how he managed this, and how big a hole this will put in the State’s finances. The way he has managed this Rs. 11 reduction is
Continue reading
Reader Stories: Rohan Doshi’s Investing Journey
in Opinion
Rohan left a comment on the first post about investing for beginners about how much that post resonated with his experience, and I asked him if he’d be interested in sharing his story. He responded to me last week, and here’s what he had to say (with minor editing). First, a bit about me. Age:
Continue reading
Part 2: How should beginners approach investing in the stock market?
in Investing for Beginners
In part 1 of this series, I wrote about how most people get hooked to the stock market and how they evolve through the various stages of a speculator / investor. I closed that post summing up my preference for long term investing, and in this post I’m going to write about two things that
Continue reading
2012 Budget: Where does the government spend your money?
in Economy
Earlier in the week I looked at how the government raises money, and in this post I’m going to look at a few charts on how the government spends its money. There are two heads of government spending – Non Plan Expenditure and Plan Expenditure. Non Plan Expenditure is money that’s spent on sustaining the
Continue reading
How to buy health insurance in India?
in Insurance
This is a guest post by Mahavir Chopra, Head – eBusiness & Retail, http://www.Medimanage.com Being a part of health insurance services company I have always noticed that there are large number of people, who at first show keen interest in buying Health Insurance services, but after they are recommended some of the best suitable health
Continue reading
Budget’s impact on insurance policies
in Insurance
Manish wrote about the budget a few days ago, and he mentioned about a less publicized aspect which affects the way insurance policies are treated. Point 7 in his post is about a new provision that disallows tax benefits to insurance policies that don’t have a sum assured of at least 10 times the premium.
Continue reading
HUDCO tax free bonds list at a significant discount
in Fixed Deposits
After the dismal listing of IRFC tax free bonds (they listed at a small premium) – the HUDCO tax free bonds listed today, and both the series listed at quite a discount. HUDCO – N2 which is the 15 year series fared worse than the 10 year series and ended the day at a price
Continue reading
80CCF Infrastructure bonds still available in March 2012
in Fixed Deposits
In the last 2 or 3 days, there have been a few comments and emails inquiring about the availability of 80CCF infrastructure bonds. I guess there are always some people who get left behind till the very last moment. There are still 4 companies that have infra bonds on offer, but they are all going
Continue reading
Budget 2012: Where does the government get its money from?
in Economy
Yesterday I wrote about some of the key highlights from the budget and today I’m going to take a look at the sources of government funds and how they contribute to the government coffers. First, what are these sources? 1. Revenue Receipts – Tax Revenue: This is the tax that the government collects in the
Continue reading