Wednesday, August 29, 2012

Food Inflation in India towards 7 % in July Month 2012 - Latest India News


Here is Latest India News on  Food Inflation in India towards 7 % in July Month 2012.

Itemame                            FEB          MAR            APR           MAY         JUNE          JULY
FOOD Artcle 6.12 10.11 10.92 10.63 10.81 10.06
Cereals 1.83 4.64 6.84 5.62 6.7 8.29
Rice 1.53 5.03 5.98 4.89 7.46 10.12
Wheat -3.95           -0.38 5.97 6.75 6.82 6.67
Pulse 786 1010 1129 1677 2048 2826
Vegtables 1.71 3259 6185 4990 4884 2411
Potato -2.23 1843 5930 7217 7585 7296
Onion -4866 -2406 -1103 -805 -940 -981
Milk 1170 1529 1568 1190 730 801
Egg, Meat, Fish 2000 1740 1754 1713 1625 1600
Non-Food Articles     - 2.51             -0.78 1.4 8.57 6.85 13.05
Oil Seeds 9.39 13.44 16.72 19.12 18.53 25.22
Sugar 4.07 2.87 3.16 5.24 7.07 7.91
Edible Oils 7.65 9.94 11.18 10.37 9.82 10.32
Overall Inflation 7.56 7.69 7.5 7.55 7.25 6.87

Pension Schemes for New Employers and Experienced Jobbers to Meet Retirement Future Needs


Here is latest news on Savings and Investment Plans available Pension Schemes for New Employers and Experienced Jobbers to Meet Retirement Future Needs

Every year in India lakhs of graduates are getting pass out from basic courses, language courses, technical education courses, vocational courses and from online, distance education courses.

Ex: in Engineering, every year above 7 lacks of graduates are coming out from various engineering colleges allover India. Among these seven lakhs, 4 lakhs of BE, B Tech students from Andhra Pradesh state only for every year.

In these lakhs of graduates, Master’s Degree holders (in Thousands only) only few hundreds of students are getting jobs in MNC and other reputational, medium, small companies.

After joining in a new job, these people are spending money on cosmetics, semi luxury and luxury goods, leather goods, latest cell phone models, smart phones, cars, two wheelers, pubs and parties with friends and to pay bank educational loans, credit card debts, family debts… etc…

Think how many of them Saving Money for Future Needs

There are many savings plans are existing in India to meet future needs, family member needs, health needs, educational needs, retirement needs.

Check here for existing savings plans in India:

Save money 6,000 RS every year (i.e. 500 Rs/- per a month). (This is minimal amount money to save)

There is no restriction on maximum saving money. It depends up on our future needs.

Another plus point is that we can choose to decide time period to pay for pension scheme
(It is better to pay up to 60 years of age)

Many banks are offering these pension schemes and plans in India.

Some of them are:

SBI
SBH
IDBI Bank
Axis Bank
ICICI Bank
Union Bank
Allahabad Bank
Kotak Mahindra Bank…etc…

Save Money for Your Future.........

Save Money to Become A Milliner

Save Money for For You............

Fixed Deposits FDs Plans and Available Interest Rates in India for All Indian Citizens - Banking News India


Here are Latest Banking News on complete details on Fixed Deposits (FDs) Plans and  available interest rates in India.

We will plans to invest money in secured plans and schemes. 

We will not like losses on investment amount.

We will plan to receive planned sum amount as yields, profits and returns.

Fixed Deposits are containing these features and meeting our expectations.

Here is a huge list of banks and their interest rates on fixed deposits.

Bank Name                                         Time Period

6 Months- 1 yr 1 to 2 Yrs 2 to 3 Yrs 3 to 5 yrs 5 and Above (Years)






Axis Bank 7.5 9.25 9.25-9.30 9.25 8.75
Andhra bank 8.5 9.25 9.25 9 9
Bank of Baroda 7.00-7.75 9 9 9 9.00-9.15
Bank of India 8.00-8.25 9.25 9 9 9
Central Bank of India 8.50-8.75 9.25 9.25 9 8.5
Carporation Bank 9 9.25 9 9 9
Dena Bank 8.5 9.25 9.25 9.3 9.25
Indian Overseas Bank 8.00-8.50 9.25 9.25 9.25 9
Oriental Bank of Commerce 8.5 9.25 9.25 9.25 9
State Bank of India 7.25-7.50 9 9 8.75 8.75
Syndicate Bank 8.10-8.50 9.00-9.05 8.75 8.75 8.5
Union Bank of India 8.60-8.75 9.25 9.25 9.25 8.50-9.40
Vijaya Bank 8.5 9.5 9.5 9.3 9.25
State Bank of Hyderabad 8 9.25 9.25 9 9
Development Credit Bank 6.75 8.00-9.50 8.00-9.30 8.00-9.30 8.00-9.30
HDFC Bank 7.25-8.00 7.25-9.25 8.50-9.25 9.25 8.25
ICICI Bank 7.00-7.75 8.00-9.25 9.25 9.25 8.5
Dhanalaxmi Bank 8.75 9.00-9.75 8.75 10.1 9
IDBI Bank 8.90-9.00   9.00-9.25       9.25              9.25               9
Canara Bank 8 9 9 9 9
IndusInd Bank 6.50-8.50 9.00-9.50 8.75-9.50 8.75 8.75

Householders Insurance Policies to Protect Home From Unpredictables - Insurance News


Here is Indian Insurance sector's News on Householders Insurance Policies to Protect Home From Unpredictable Events.

We know well about life insurance policies, crop insurance schemes, aqua culture insurance plans etc… Many insure companies are advertising to improve the awareness of Indian citizens and online people.

Many of we have no proper information on home insurance policies to protect residential homes and jewellery, desktop computers, laptops, audio, video device also digital gadgets, home furniture from capricious activities.

Householders or house owners and renters can get benefited from householder’s insurance policies due to coverage after articles in the residential homes either stolen or damaged in fire accidents etc…

Householder’s insurance policies and schemes help the people in case of theft of insured devices, goods, or articles, jewelleries, gold etc… or damage to home furniture and glass panes, decorative items and home property…etc…

It needs more awareness on benefits from these insurance policies to protect home property as well personal property in addition to assets protection security against damages or losses any other misfortunes.

How to Claim Householder’s Insurance Policy

Here is required procedure to claim the insurance benefits without delay after occurring a burglary (robbery) or damage of insured assets or household property.

Claiming process starts with conveying information or news to the insurance company regarding happened robbery and at the same time it required to lodge a complaint with a nearest police station on burglary.

Whereas in case of fire, we have to list out the damaged articles and need to inform to insured company.

The insured company sends a surveyor or any other employee to inspect the house and discuss with us on this unfortunate events.

The company employee will prepare a report and submits to the company on damaged or loosed assets or properties or articles jewelleries, gold, desktop computers, laptops, audio, video device also digital gadgets, home furniture…etc…

Based on these submitted report, the home insurance company pay amount after claiming according company rules and regulations or policy terms and conditions.


Indian Railway's IRCTC Introduces Purchase of e-tickets Online under Rolling Deposit Scheme - Latest India Railway News


Here is a Latest News on Indian Railway's IRCTC Introduction of Online Purchase of e-tickets through internet under Rolling Deposit Scheme.

Indian Railway Catering and Tourism Corporation well known as IRCTC is announced e-wallet ticketing system.

Indian Railway Catering and Tourism Corporation (IRCTC) introduced Rolling Deposit Scheme (RDS) to purchase online e-tickets for Indian railway passengers.

This is an e-wallet for a user friendly ticketing scheme aimed at getting e-tickets easier than current process.

In the e-wallet method, passengers can open a deposit account (like bank's saving account) with the IRCTC website and should deposit their money to use to book e-tickets from irctc.co.in website in future days whenever required.

Indian Railway Catering and Tourism Corporation (IRCTC) is saying few advantages over other payment modes for railway tickets.

Advantages of RDS e-wallet ticketing and account payment method

  1. It is offers a hassle free and highly secured payments transactions
  2. It saves the customer times because there is no need of payment approval from banks 
  3. No need of dependency with banks and their servers for net banking transactions
  4. No additional charges for booking online tickets with these RDS mode. 
  5. No need of usages of credit card or debit card 
  6. PAN card holders also can open this RDS e wallet account  
  7. It is allowing transaction history.
  8. In case of ticket cancellation, you can get refund on next day only
  9. Under this Rolling Deposit Scheme (RDS), we have to pay or deposit money minimum 1,500 Rs/- as advance amount to purchase railway journey e-ticket online whenever have to travel in train.
  10. There are no additional charges for these online train ticket bookings.


Disadvantages of RDS ticketing and account payment method:

  1. To open RDS e-wallet account, PAN card is compulsory.
  2. Without PAN card you can not register and open this account.
  3. Management of this account is only on online
  4. The minimum deposit is Rs. 1500 to above. It is a little problem to lower income people.
  5. Instead of on the day, the ticket amount will get refunded on next working day. The amount will credit in RDS e-wallet account. 
  6. At now, all are booking railway tickets (e-tickets) with credit card or debit cards also from internet banking mode. The process is taking a little bit of time. In some cases these methods are testing the patience of tickets seekers due to server issues, server downtime, bank server problems, online payment security issues, internet speed etc...
  7. The one time e-wallet registration fee is Rs.250/- a non-refundable amount.
  8. e-WALLET ticket facility timings are not available from morning 8:00 AM to afternoon 12:00 PM. But this is the best timings to available on online by many people from home or offices and internet cafes.



In the IRCTC websites, the RDS option is available along with other options for payments, booking railway tickets online, checking PNR status, berth reservation…etc…