A blog by Akshay Bhagwatnoreply@blogger.com (Akshay)Sat, 16 Nov 2024 16:00:09 +0530Blogger http://www.blogger.com152125http://risingindian.blogspot.com/en-usnoA blog by Akshay Bhagwatnoreply@blogger.comhttp://risingindian.blogspot.com/2016/11/how-can-i-exchange-old-rs-1000-and-rs.htmlBankingBanksnoreply@blogger.com (Akshay)Tue, 8 Nov 2016 22:25:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-2964480941394056301 Modi has taken a bold and effective step to curb black money. If you don’t have a black money, it should not bother you much. Your hard earned money will always be yours. You have enough time and opportunities to exchange the old Rs 500 and Rs 1000 notes to legally valid currency notes. You can deposit in your account in any bank or post starting from 10/11/2016 to 30/12/2016. There 0http://risingindian.blogspot.com/2016/09/mutual-fund-investors-forget-common.htmlEconomyMutual FundsShare marketnoreply@blogger.com (Akshay)Sun, 11 Sep 2016 20:25:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-2428416205220413248 I have seen many mutual fund investors complaining their investments in mutual funds not yielding expected returns. When someone invests in mutual funds, entry and exit timings are also the deciding factors of your returns on investments. I have seen a number of my investors asking for suggestions for funds when the market is high. They are lured by the reports which mention the double digits 0http://risingindian.blogspot.com/2016/09/subramanian-swamy-rightly-said-replace.htmlEconomyGovernmentnoreply@blogger.com (Akshay)Sun, 11 Sep 2016 12:53:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-7534248874433351689 GST bill became law previous week after president signed it post ratification by the majority of states. GST brings most of the indirect taxes under one roof. As always, the banks will be playing a major role in collecting the taxes and providing the data of collected taxes to the concerned departments. This needs a huge infrastructure to maintain, process, analyse and to connect the government0http://risingindian.blogspot.com/2016/06/a-reply-to-heavy-tax-players-on-weekends.htmlEconomyTaxnoreply@blogger.com (Akshay)Sun, 5 Jun 2016 12:29:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-7621034794962333148 A reply to WhatsApp message complaining government imposes heavy tax on their weekend merry. People say they are being taxed heavily. But I am not. I earn 10 lakhs per annum and I pay only 56,650/- per annum as the tax. That means just 5.66% tax on my total income. Where my friends in the USA are paying 30% flat of their income! I own a two wheeler and a four wheeler. Roads are 0http://risingindian.blogspot.com/2016/05/panama-papers-offshore-leaks-explains.htmlBanksMallyaNPAPanama Papersnoreply@blogger.com (Akshay)Tue, 10 May 2016 20:52:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-2538566951141858147While banks are having a hard time with Vijay Mallya being unable to recover a huge NPA, Mallya is  said to be holidaying in London. The banks are complaining he has siphoned off the loan given to Kingfisher Airlines. When I searched few names in Offshore Leak, the web page returned the name of Dr Vijay Mallya. I was well expecting his name in the Panama Papers. Dr Mallya owns Venture 0http://risingindian.blogspot.com/2016/05/bihars-jungle-raj-is-back-in-form-youth.htmlBiharJungle RajPoliticsnoreply@blogger.com (Akshay)Mon, 9 May 2016 11:30:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-7787968455683837809Imagine. You are driving your car on a highway in Bihar. You overtake an SUV. The people in SUV questions you for driving your vehicle faster than their vehicle. As a punishment for your superfast driving and overtaking them, you are shooted and killed. This is happening in Bihar. JD(U) and RJ(D) alliance has brought the Jungle Raj back in Bihar. The politicians are acting as if they are the 0http://risingindian.blogspot.com/2014/02/modus-operandi-of-mgnrega-at-grass-root.htmlBribeCorruptionGovernmentMGNREGANREGA ActPanchayatPoliticsnoreply@blogger.com (Akshay)Thu, 13 Feb 2014 23:00:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-1732927674419698023I don't think it is necessary to explain anything theoretical about one of the prestigious project of Government of India for fulfilling the right to work under MGNREGA- Mahatma Gandhi National Rural Employment Guarantee Act. You will get millions of pages over internet on the theoretical functioning of the project. But I felt it necessary to draw a sketch on how it actually functions at the 0http://risingindian.blogspot.com/2012/09/cap-on-subsidised-lpg-cylinders-is-good.htmlEconomyIndian PoliticsRural Indianoreply@blogger.com (Akshay)Sat, 15 Sep 2012 18:27:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-6667457757407174410Industrialist and Congress MP Naveen Jindal- 369 Vice-President Hamid Ansari- 170 Vice-President Hamid Ansari- 62 Former Chief Minister Mayavati- 91 Tihar jail favorite, ex telecom minister A Raja -47 Diseased Former Prime Minister Chandra Shekhar- 48 These numbers are the subsidized LPG cylinders delivered to the house of the ministers when the subsidy burden on LPG is estimated to be about Rs.0http://risingindian.blogspot.com/2012/08/akhand-bharat-dream-and-reality.htmlBharatIndian PoliticsIndianisationPoliticsTerror attackTerrorismnoreply@blogger.com (Akshay)Sat, 11 Aug 2012 16:51:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-8612858073725569390 Akhand Bharat is a dream of many Hindu organizations in India and abroad. They want establish a Hindu Nation by uniting the Indian subcontinent which includes Pakistan, Bangladesh and some times even up to Malaysia where there are traces of monarchy of Indian kings were present. I strongly believe this idea of Akhand Bharat is unrealistic and be harmful to the nation. 0http://risingindian.blogspot.com/2012/08/bhutan-is-all-about-happiness.htmlBhutanEconomyHappinessnoreply@blogger.com (Akshay)Sat, 4 Aug 2012 15:53:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-5768926018285892905Public policies of governments in any nation should aim at the happiness of its citizen. Though many governments tell, their every policy is meant for creating happy nation, most of the times it fails. Our policies aimed at development of the nation in terms of GDP fails to keep the citizens happy, fails to meet sustainable development and protecting culture and environment. But in Bhutan "gross 2http://risingindian.blogspot.com/2012/07/inflation-and-developing-economy.htmlBankingEconomyInformationState Banknoreply@blogger.com (Akshay)Thu, 5 Jul 2012 18:04:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-6035832822431983457 As an economy develops the per capita income also increases. Benefits of the development start reaching the bottom of the economical structure. Their purchasing power and thus demand increases, this increases the price. Increase in the price pushes them to earn more. They become more efficient to earn more to meet their requirement. Hence contributes in the development. Inflation causes the 0http://risingindian.blogspot.com/2012/07/jul-1-state-bank-day.htmlBankingHistoryRising IndiaState Banknoreply@blogger.com (Akshay)Sun, 1 Jul 2012 13:50:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-7881158498811739491You might have seen front page advertisements by State Bank of India in today's major news papers across the country. State Bank celebrates State Bank Day by doing remarkable community service every year on 1st Jul, this year 14000 branches of SBI donated 140000 fans to the schools. So what is this State Bank Day? Intention of forming State Bank of India post independence was to make the formal 0http://risingindian.blogspot.com/2012/07/why-should-change-movie-title.htmlBangaloreCelebrityHot FilmKannada Actress Hot.KarnatakaPooja Gandhinoreply@blogger.com (Akshay)Sun, 1 Jul 2012 09:21:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-3511954711814448223“Why can’t you change the name of your village as Florida?” This could be one of the funniest ever sentence told by the court. This happened during the public interest litigation filed by the villagers of Dandupalya, a village in Hoskote, near Bangalore to change the name of the title of the Kannada film Dandupalya. Villagers claimed that the movie Dandupalya, pictured the notorious gang from0http://risingindian.blogspot.com/2012/06/hidden-agenda-of-sending-pranab-to.htmlCorporateIndian PoliticsNehru FamilyPoliticsSonianoreply@blogger.com (Akshay)Fri, 29 Jun 2012 22:24:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-4700804580397036820Why  Pranab Mukharjee should become president of India? Sonia Gandhi has reasons:   The Corporate Pressure: Sonia Gandhi is always known to have good relationship with corporates since from Bofors deal. Few important decisions of Pranab Mukharjee made the eyes of corporate red. He introduced retroactive tax in the 2012-13 budget, with regard to capital gains tax payable to the 0http://risingindian.blogspot.com/2012/06/what-happened-to-subhiksha.htmlBusinessCorporateManagement Skillsnoreply@blogger.com (Akshay)Sat, 16 Jun 2012 20:01:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-5190017019625500083  Once a favorite model of retail success, now a study of financial failure It was in 1996 that the idea of Subhiksha (prosperity in Sanskrit), organized retail services came to the mind of Subramanian, and IIT Madras and IIM Ahmedabad alumnus. He opened the first shop in Chennai in March 1997. By March 1999 there were 10 Subhiksha shops in Chennai. Its unique discounting model 4http://risingindian.blogspot.com/2012/06/9-vtu-colleges-in-weeks-top-100.htmlBangaloreBest Engineering CollegesEducationKarnatakaVTUnoreply@blogger.com (Akshay)Fri, 15 Jun 2012 08:57:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-5037085438776207921 12 of India's top 100 engineering colleges are in Karnataka Karnataka has its own name in the quality engineering colleges. Bangalore is always a favorite choice for the technology education. The Week, India’s leading weekly has published the list of 100 top engineering colleges in the country in its June 17, 2012 issue. 12 institutions of Karnataka have secured their place in the list. Out 4http://risingindian.blogspot.com/2012/05/made-in-china-and-common-man.htmlBusinessMade in Chinanoreply@blogger.com (Akshay)Tue, 8 May 2012 08:42:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-565298081104957458 In a management class, a lecturer told that he had taken an oath not to use any made in China products to protect the economy of the country, even in broader sense the economy of the rest of the world except china. He also told he did not have a single made in china product with him. I pointed out his Nokia mobile. Obviously it is from Finland and he was confident of that. I asked him to remove1http://risingindian.blogspot.com/2012/04/monks-ninth-letter-stand-for-something.htmlThe Secret Letters of the MonkThe Secret Letters with Talismansnoreply@blogger.com (Akshay)Wed, 18 Apr 2012 18:52:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-1649792209753797483The series of nine secret letters from the monk who sold his Ferrari ends with the ninth letter in front of one of the Seven Wonders of the World, Taj Mahal. Julian, the monk himself arrives at Agra, India to hand over Talisman and the letter to Jonathan. He tells we should try to leave the world something on the scale of Taj Mahal. There are no extra people alive today. Every single one of us 0http://risingindian.blogspot.com/2012/04/monks-eighth-letter-purpose-of-life-is.htmlThe Secret Letters of the MonkThe Secret Letters with Talismansnoreply@blogger.com (Akshay)Wed, 18 Apr 2012 18:51:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-4307212360031039473It is Phoenix, Jonathan meets Mrs Ronnie who was in her sixties. Ronnie’s story of her life teaches the importance of love in life. Talisman for this eighth secret letter is a silver heart. A two line secret letter from the monk who sold his Ferrari reads as follow. How well you live comes down to how much you love. The heart is wiser than the head. Honor it. Trust it. Follow it You can 0http://risingindian.blogspot.com/2012/04/monks-seventh-letter-lifes-simplest.htmlThe Secret Letters of the MonkThe Secret Letters with Talismansnoreply@blogger.com (Akshay)Wed, 18 Apr 2012 18:50:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-2631274693471236964Mr Gao Li is a businessman in Shanghai. He is the richest and successful person Jonathan could ever imagine. His office was so posh and made Jonathan to rewrite the standard of luxury he knows. But he is leading a very simple life in an old apartment with a Volvo car instead of Lamborghini which the successful businessman like him drives. He knew Life's simplest pleasures are life's greatest joys0http://risingindian.blogspot.com/2012/04/monks-sixth-letter-choose-your.htmlThe Secret Letters of the MonkThe Secret Letters with Talismansnoreply@blogger.com (Akshay)Wed, 18 Apr 2012 18:50:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-7443413414821826191Jonathan is in St Ann’s, near Sidney to meet Mary McNeil and Angus McDonald to collect the sixth letter and the talisman. This time, the lesson to be learnt was how to choose the influence to make the best. Talisman was a carved wood two hands holding on each other. We do not move through our days alone or apart from the world around us. And so we must always be aware of the things and the 0http://risingindian.blogspot.com/2012/04/monks-fifth-letter-to-lead-your-best.htmlThe Secret Letters of the MonkThe Secret Letters with Talismansnoreply@blogger.com (Akshay)Wed, 18 Apr 2012 18:50:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-5301117263258671076Mr Lluis Costa is a car driver in Barcelona. He is a car driver by passion not by chance to live his life. His parents wanted him to become a doctor. But he studied hotel business. Tourism seemed to be his interest. But one day, he realized that driving car is his passion, which he used to do during his graduation college. Jonathan gets fifth secret letter from Lluis, along with talisman a 0http://risingindian.blogspot.com/2012/04/monks-fourth-letter-make-small-daily.htmlThe Secret Letters of the MonkThe Secret Letters with Talismansnoreply@blogger.com (Akshay)Wed, 18 Apr 2012 18:49:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-1404465578847962248Archeologists worked for decades to study Mayan history. They Mr Chava is one such archeologist who has spent most of his time with the Mayan history. Monuments of those old cities are also built in years. A pyramid like structure can not be build all of a sudden. The small progresses make the big difference. Hence it is Maxico, this time Jonathan learns a great lesson ‘make small daily 0http://risingindian.blogspot.com/2012/04/monks-third-letter-live-with-kindness.htmlThe Secret Letters of the MonkThe Secret Letters with Talismansnoreply@blogger.com (Akshay)Wed, 18 Apr 2012 18:49:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-5074398648024990335Jonathan experiences the kindness of the Japanese at Ms Sato Ayame’s family inn in Kyoto Japan. Pleased with the kindness showered by Ayame and her family Jonathan learns to live with kindness. A tiny golden crane is the talisman with the letter titled Live with kindness. It is important to remember that just as our words are our thoughts verbalized, so our deeds are our beliefs actualized. No 0http://risingindian.blogspot.com/2012/04/monks-second-letter-embrace-your-fear.htmlThe Secret Letters of the MonkThe Secret Letters with Talismansnoreply@blogger.com (Akshay)Wed, 18 Apr 2012 18:49:00 +0530tag:blogger.com,1999:blog-3707715125744692290.post-3550764115814730417Second secret letter of the monk who sold his Ferrari asks us to embrace our fear. Mr Antoine, sitting at the Catacombs of the Paris handed over the talisman and the letter to Jonathan. The talisman symbolized the fear, a metal skull. What holds us back in life is the invisible architecture of fear. It keeps us in our comfort zones, which are, in truth, the least safe place in which to live. 1