Economy

Why oil prices are falling now?

Global crude oil prices are on free fall during the last three months. This has resulted in the reduction of petrol and diesel prices in the local market. The price of petrol has come down from Rs.82 to Rs.70 and diesel prices have come down to Rs 55 As per …

Read More »

Do you know about FAT Tax on hotel food?

This is a very common question I encounter from many people. When you visit a restaurant, the menu card mentions the item wise rate and * mark at the end – Taxes extra! The cost of the food at fine dining (air conditioned) restaurants itself is taxing one’s pocket and …

Read More »

Curious about Ms. J Jayalalithaa’s court case? Read this

  Personal Life Ms. Jayalaithaa Jayaram, 66 years was born at Melukote, Karnataka State, in an Iyengar family. Her father, Mr. Jayaram died when she was 2 years old. Her mother, Vedavalli, eventually moved to Chennai and became an actress in Tamil movies.   Film Life Started her career as …

Read More »

Make in India – this is the step of a Lion

  Our PM is good in coining catchy names and also in giving different meanings to abbreviations. Earlier, when he won as the CM of Gujarat, he said he will be CM forever. (CM means Common Man). Now, today (25th September 2014) while launching the ‘Make in India’ program he …

Read More »

Where to exchange torn or soiled currency notes?

  It is not uncommon to get torn or soiled notes. Some are even cut in the corners or cut in the center but intelligently joined with the help of cello tapes. Normally we will find these notes in our pocket when we seek change from retail shops and restaurants. …

Read More »

Sectors where Foreign Direct Investment (FDI) is prohibited

FDI means investment in the capital of an Indian company by non-resident entity or person resident outside India. A non-resident entity/person can invest in India, subject to the FDI Policy except in those sectors/activities which are prohibited. Department of Industrial Policy and Promotion, Ministry of Commerce and India, Government of …

Read More »