An Insight into Indian Money Markets
As i have mentioned in previous post, im in Goa right now, Sorting out too many issues. Helping my Goa teams with their related complex projects. i will be in Kuwait soon. But till then, im here.
I had a huge list of things to do with the banks over here. Some of them involved me loosing a lot of money with the recent US downfall and also with the Indian Stock Market crashing. So i decided to meet 3 Major banks in Goa. i wont name them yet( will mention this part later).
Continue reading ‘Why does the RICH get RICHER, and we all poorer?’
I know, that you dont calculate HUMAN value, by the materialistic things he has or own. but by the quality of his personality and traits. But looking at the concept of the world we live in. the question does arise. “how are much are you worth?”.
Continue reading ‘how much are you worth?’
Most people are extremely happy on salary days, coz they get to plan out things, the feeling of having money etc etc…. But ever since i left my old job… salary day is a major pain for me.. Since i dont have a salary account with my new company as yet. i get paid in cheques. Now i have 2 options , either i deposit it into my old account and wait another 3-4 days for it to come, or directly go to KFH, and show my civil id and get it encashed.
Problem is in KFH , the people are wonderful, well mannered etc. But they have like 3 tellers serving 300 people :-(. you usually have to spend like a whole morning of 2 to 3 hours to reach your turn. I have been doing that for last 4 months and its a pain. Whats worse is that my Monthly expenses which are refunded are paid in another cheque , on another day … and im like WTF , i have to go the bank again …:-(
I have been a Gulf Bank Account Holder for almost 8 years now. I have found them quite excellent. i have been using their Credit Cards too for about 6 years now. And found them to be easy to use, easy to manage and quite user friendly at the helpdesk.
Continue reading ‘Review : GulfBank Credit Cards’
The Indian Stock Market is experiencing a major fall, as of yesterday. Now this should be a 3-5 day thing only(as the fall was too drastic). The KWD v/s INR rate should be good in these days, due to this . Anyone planning to buy Shares/Mutual Funds in India or even send money back to India , this is the time. The KWD/INR rate should be around 1 KD / 144 Rs, in the next few days. There already some Exchanges providing Rs 142 for a KD.
Off late , this has been a major problem, i hope the Kuwaiti Government can do something about it. With the recent great achievement by depegging the dollar due to the failling US economy , Kuwaiti Dinar has averted a major crises. But somehow since its still related to the US dollar due to Oil sales and other related deals , the falling USD still have quite some say.
Continue reading ‘Kuwaiti Inflation affecting Indians!’
I was recently making a financial study on some business plan . i just had a thought which made me Ponder. Let me be honest …. Even though im an Expat, But im born and brought up here. I basically love Kuwait… But i should be quite open about this.
I personally Feel Kuwait Makes money in the following ways ( These are my estimates - I could be wrong - It may be more 
)
Continue reading ‘How Kuwait Makes Money!’
Published at July 28, 2007
in Finance.
Mutual funds in India has been doing very well , over the last 2 months increasing at about 40% of invested Value, it was too expensive to buy funds at this time. A fall could have created a problem for new investors. But since the funds was doing basically too well, a major fall was expected, which has happened today.
Continue reading ‘Mutual Funds! Time to buy!’
Thousands of Goans, Indians and Even Kuwaitis arent quite aware about mutual funds and the benefits in them. Majority of them are too scared about shares and real equity. Quite of us are happy with the standard fixed deposits, which gurantee a fixed interest over time.
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Mutual Funds, have come a long way to be extremely popular now days. Mutual Fund are like shares, but have a lesser & slower risk factor. But i would still advise, people shouldnt invest into shares or mutual funds, if they panic at any or every low tide of funds in the market.
Continue reading ‘Guide : Mutual Funds’
