Tuesday, June 19, 2012

Why India needs to get its act together, quickly - Business Today - Business News

Why India needs to get its act together, quickly - Business Today - Business News


"What can be done quickly to turn around the deep pessimism hanging over us, move the needle on the fiscal situation, and give global investors the feeling that India is still a good place to do business?


The answers are loud and clear - clear the way for foreign direct investment in multibrand retail, roll out the Goods and Services Tax nationwide, slash the subsidy bill by raising diesel prices - and throw in insurance-sector reforms for good measure."


Source: http://businesstoday.intoday.in/story/bt-editor-chaitanya-kalbag-on-indias-economy-growth-and-more/1/185558.html




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Monday, June 18, 2012

National Savings Certificates (NSC) - Planning For It!

National Savings Certificates (NSC) - Planning For It!


National Savings Certificates (NSC)
InvestmentYogi: All you need to know about National Savings Certificates (NSC)

The reliable National Savings Certificate (NSC) looks like it may have lost popularity with countless competing investment options available such as equities, mutual funds, unit linked insurance and fixed maturity plans. However, there is no ignoring the instrument's respectable returns, which are not only assured, but also tax-exempt (under 80C) and government guaranteed.

Compared with the NSC, the Public Provident Fund (PPF) has traditionally been more popular on account of its 8% tax-free interest. However, the PPF has a maximum investment limit of Rs 70,000 per annum (this means the maximum amount one can invest in PPF every year is capped at Rs 70,000).

Source: http://investmentyogi.com/planning/national-savings-certificates-nsc.aspx

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Bosch Introduces New Autonomous Robotic Lawnmower - IEEE Spectrum

Bosch Introduces New Autonomous Robotic Lawnmower - IEEE Spectrum

"We got a tip over the weekend that Bosch is introducing (or, has just introduced) what a press release (machine translated from Swedish) calls the "world's first intelligent robot lawn mower," the Bosch Indego. Well, we're not entirely sure about the world's first bit, but from what we can tell, there are definitely some features here that will make the Indego more intelligent than some of its competitors.
We should preface all of this by saying that we're relying on Google-translated press releases and websites, so it's entirely possible that some of these details aren't 100 percent correct, but it's what we've got for now.
As I'm sure you know, or at least, as the Bosch press release says, "the Swedish summer is short and should be fully utilized." The best way to go about doing this is to not spend all your time mowing the lawn, which is where the Indego comes on. It's a completely autonomous robotic lawnmower that, after you set it up, will happily behead up to 1,000 square meters of grass without any supervision whatsoever."
Source:  http://spectrum.ieee.org/automaton/robotics/home-robots/bosch-introduces-new-autonomous-robotic-lawnmower

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