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Showing posts from 2010

Is Delhi really prepared for the CommonWealth Games ?

This year Delhi is hosting CommonWealth Games in the month of October, roughly 5 months to go. And I don't think that Delhi is really prepared for the same. Last Sunday, when I was coming from Vrindavan. I was about to take flyover after crossing Badarpur border which ends near Apollo Hospital. Before taking that flyover, I noticed something which should not be there in such a City which is known as Capital of the nation. There are some signages installed at the beginning of the flyover indicating which road to follow. In one of the signage, INDIA GATE is written as INIDA GATE (in capital letters). Where, tourists have already started coming to this city. I am worried, that, what Impression they will take with them while returning back from Delhi. ''JAAGO DELHI JAAGO''

INSURANCE IS NOT A PROFIT GENERATOR IF CONSIDERED FOR A SHORTER PERIOD

Insurance planning is about coverage for eventualities, not profit. March is approaching and many of you have got busy with tax planning. In the process, you are looking at various financial instruments and insurance is surely on your agenda. If so, it is important that you consider some aspects. Insurance, besides protection, is considered an investment and tax benefit tool, too. Is it right to use insurance as a money-making vehicle? Not really! If insurance is taken with an intention of generating profits, then it's a wrong notion. Insurance is a promise of reimbursement in the case of loss, paid to the families of people in case of any untoward incident, after prepayments to an insurance company. There is no mention of profit here, only about indemnifying loss out of earlier precautionary payment towards an unforeseen eventuality. There are 'n' number of charges which are to be paid by the policyholder in the initial years. And every policyholder does not know about thi