Tag Archives: India

Second richest man in India's "Must hit" Until Death

Millionaires from India, Lakshmi Mittal has inspired pembuataan a video game in France. In the game, the owner of Mittal Steel Company is emerging as a robot to be beaten to death by players.

In the game the text appears on the screen that says “By 2030, Mittal has closed the largest steel mill in the world and throw thousands of steelworkers’.

“For people who are tired of promises are not fulfilled and lied repeatedly, and when all mediation has failed then there is only one solution, namely kill Mittal”.

But after the Mittal robot is defeated, then the robot will quickly be replaced by someone who looks like him.

Creator of the video game “Kill Mittals”, Alexandre Grilletta revealed, why make the game because he thinks this is a bit of fun and he said that would not incite intent.

“Demo is happening in Florange is the right material to find out who the heroes and villains in a ploy,” he said.

While the Arcelor Mittal when asked whether it would be legal to report the game maker, the company said through a spokesman that the company would not comment.

Previously, protests against the richest man in India was started last year, when the steel conglomerate announced that as many as 797 workers at the plant Florange in layoffs. This is in line with the sharp decline in the demand for steel is forced to reduce production valued at $ 4, 3 billion in Europe.

Loans – Decoding the Hassles of Our Lives

Sometimes the persons may be in good financial conditions and they do not want any assistance in the terms of finance. However in many cases, the people may fall in greater needs of monetary assistance. In those times of needs, only the loans can help such people out.

The loans are made to help the people all over the world. Thus, there are numerous loan options available all over the world. In the countries like India, there are several banks which are serving the loans to resolve almost all problems of the borrowers. Whether it is a personal requirement or it is a commercial one, the loans are made to resolve each and every problem of the borrowers.

In this fast world, every business house tends to remain at number one position. However, to remain in that position, the business may require better financial supports and for that the loans are one of the most appropriate solutions for the business houses.

The loan options, which are availed by the business houses, are known as business loans. Just like other loans, these loans are also available in the secured and the unsecured forms. Under the secured category, the borrowers may have to pledge their personal or commercial property or any other assets to get the loan amount without any hassles. Basically, the loaned amount depends on the overall value of the property or assets pledged. However, the banks generally provide the loan amount according to the needs of that business house. In India, the business houses can avail the secured business loan at very low rate of interests ranging between Rupees 100000 to Rupees 100000000, and which can be repaid between the time range of five years to twenty five years.

On the other hand, under the unsecured business loan category, the business houses may borrow the loan without pledging any security or asset against the loan amount. Though the interest rates in the case of unsecured business loans may be higher in comparison to the secured business loan category, these loans are available very easily and without any delay. In the case of unsecured business loans, the processing may be quite fast and speedy. A business house can easily obtain the loan amount ranging between Rupees 100000 to Rupees 1000000 and that too with the repayment tenure ranging between one year to ten years.

In both cases, the bank may require the business houses to submit the financial records and banking statement of past.

The author is a business writer specializing in finance and credit products and has written authoritative articles on the finance industry. He has done his masters in Business Administration and is currently assisting Paisawaisa as a finance specialist.

 

Loans – Decoding the Hassles of Our Lives

Sometimes the persons may be in good financial conditions and they do not want any assistance in the terms of finance. However in many cases, the people may fall in greater needs of monetary assistance. In those times of needs, only the loans can help such people out.

The loans are made to help the people all over the world. Thus, there are numerous loan options available all over the world. In the countries like India, there are several banks which are serving the loans to resolve almost all problems of the borrowers. Whether it is a personal requirement or it is a commercial one, the loans are made to resolve each and every problem of the borrowers.

In this fast world, every business house tends to remain at number one position. However, to remain in that position, the business may require better financial supports and for that the loans are one of the most appropriate solutions for the business houses.

The loan options, which are availed by the business houses, are known as business loans. Just like other loans, these loans are also available in the secured and the unsecured forms. Under the secured category, the borrowers may have to pledge their personal or commercial property or any other assets to get the loan amount without any hassles. Basically, the loaned amount depends on the overall value of the property or assets pledged. However, the banks generally provide the loan amount according to the needs of that business house. In India, the business houses can avail the secured business loan at very low rate of interests ranging between Rupees 100000 to Rupees 100000000, and which can be repaid between the time range of five years to twenty five years.

On the other hand, under the unsecured business loan category, the business houses may borrow the loan without pledging any security or asset against the loan amount. Though the interest rates in the case of unsecured business loans may be higher in comparison to the secured business loan category, these loans are available very easily and without any delay. In the case of unsecured business loans, the processing may be quite fast and speedy. A business house can easily obtain the loan amount ranging between Rupees 100000 to Rupees 1000000 and that too with the repayment tenure ranging between one year to ten years.

In both cases, the bank may require the business houses to submit the financial records and banking statement of past.

The author is a business writer specializing in finance and credit products and has written authoritative articles on the finance industry. He has done his masters in Business Administration and is currently assisting Paisawaisa as a finance specialist.

 

Process to Get Best Deal on New Car Loan

Many people in India require financing for their new car. However, they find the process too difficult to understand. They do not know where to head. This article helps such people. It helps those in need of a new car loan find the best deal.

These days, there are plenty of financing options. That may also be the reason why you find the car loan process too complicated. Search the right places and it is going to be easy. You need to be aware of the market conditions. Do not borrow a loan from the car dealer unless he is offering it with zero car finance. Still, beware! The dealer may not give you the discount that you may have got otherwise. Also, the zero per cent interest car loans usually come with the 3-year repayment condition. You need to be in a condition to repay the amount within the specified time. Look for the lender offering you the lowest interest rate car loan.

There is another drawback in opting for a loan from the car dealership. Dealers usually charge mighty rates of interest. The car itself, without the loan, is unaffordable. Further, dealers make the loan unaffordable. You may look for other lenders or banks that offer loans at lower rates. Banks usually offer car finance at prime rates which helps in reducing your interest amount.

The best place to search for the best deals on new car loans would be the Internet. Using the loan and EMI calculator tools, you can calculate the exact amount you will be paying as interest. Look for as many such web sites as possible. Do not stick to just one lender. Compare as many lenders as possible and go for the one offering the lowest interest rate.

Certain lenders offer low interest rates. However, they have very high processing and service fees. When calculated properly, these fees nullify the effect of the low interest rate. The amount you would save on the low interest rate loan goes for paying off the processing charges. Your bank, on the other hand, may just waive off these fees. Since you’ve already been a customer there, they may ignore the extra fees. For them, finding a loyal customer who will diligently pay off the loan is more important than the processing fees. You need to check with your bank and convince them about this though.

Always choose a reputed bank or car loan lender. This will avoid messy situations in future. Read the loan papers carefully before signing them and keep an eye for hidden terms and conditions. Read through the fine print carefully and understand each and every word before offering your signature on the car loan agreement.

There are lenders that allow you to make prepayments in case you wish to pay off the entire loan amount. However, they may charge high prepayment penalties. Clarify this in the beginning lest you may find it difficult to pre-close your car loan.

Going online is the best way to apply for a car loan. It will save you the hassle of running from a lender to the other. You can apply online at your ease; no working-hour restrictions. The approval too comes in quick. Initially, if you wish to discontinue the process when you realize the rates are too high, you can do it right away. Mostly, the web sites offer free no-obligation quotes. You just need to proceed with the lender offering you your new car loan with the lowest interest rate.

Most hoarders Country Gold 2013

Gold has long been recognized as a state investment instruments. With the values ‚Äč‚Äčtend to rise, almost all countries keep reserves of gold in the medium. The more profits from the trade, of course the more gold stockpiled.

Data from the World Gold Council said that in March 2013 the gold reserves held around the country reached 31,671.4 tons. This figure is up 10 percent compared to 2012. Gold reserves is obtained from mining or interstate commerce. In addition, the volume of gold bought by central banks around the world reached 534.6 metric tons.

World Gold Council also said the European countries who were hit by the economic crisis hunt for gold for investment and collateral to issue bonds. Throughout 2012, the central bank states that share the euro had bought 500 tonnes of gold bullion from other countries, up from 2011 which reached 465 tons. Therefore, the gold reserves of several European countries are now equivalent to 50 percent of the world’s gold reserves.

So who has the biggest gold reserves? These data from the World Gold Council.

1. United States of America
Gold reserves: 8133.5 tons
The proportion of income: 75.6 percent

2. German
Gold reserves: 3391 tons
The proportion of income: 72.7 percent

3. Italy
Gold reserves: 2451.8 tons
The proportion of income: 72.2 percent

4. France
Gold reserves: 2435 tons
The proportion of income: 69.2 percent

5. China
Gold reserves: 1,054 tonnes
The proportion of income: 1.7 percent

6. Switzerland
Gold reserves: 1040.1 tons
The proportion of income: 10.5 percent

7. Russia
Gold reserve: 969.9 tonnes
The proportion of income: 9.8 percent

8. Japan
Gold reserve: 765.2 tonnes
The proportion of income: 3.2 percent

9. Netherlands
Gold reserve: 612.5 tonnes
The proportion of income: 59.2 percent

10. India
Gold reserve: 557.7 tonnes
The proportion of income: 9.9 percent

Tips That Make Home Loan Search Easy

When bound by the constraints of fixed income and the speculations of the inability to finance the borders between your dream and the ability to materialize it, loans for the purpose of buying a new home appear to be a far cry. But it is not indeed that much difficult.

Are the options limited in India? No, with the liberalization of Indian economy there are scores of lenders available now. The increase in the number of players had a favorable effect on the availability and payback terms and conditions. Now, from filling in the loan application forms to avail the required cash has become least hectic. But, these finance options come with certain risk factors and a careful analysis could always put you in the right track.

Home loans relating to Real Estate India are in fact only a few feet away from your doorstep now with the application of advanced information and technology tools. Starting with the filling in of application forms the initial process shall always remain time consuming and demand processing fee. But with the increase in number of players and competition, the processing time has become significantly squeezed and the processing fee clause has also vanished.

How the home loan gets sanctioned?

The verification of employment status and the last six months salary slip are the initial hiccup that a property loan would deal with. For the self employed, a balance sheet and the profit and loss account of the last three years could take a step closer towards the materialization of home purchase dream. Once this step is overcome, you always become eligible for an affordable home loan interest rate in India.

With the rapid force with which the loan market has grown in India, accessibility to loans for purchasing new home have become easier. The result of this tremendous expansion has been that the payable rates have now fallen to appreciably acceptable levels. The long term repayment nature, system of tax benefits and lower interest rates makes home loans the best option to finance investments in real estate segment.

What makes a sensible borrowing?

A sensible borrowing is what the loan market places as an offer in front of the prospective home buyers in India; a sensible deal is what the expectations are for an aware buyer to escape the intricacies of the loan procedures. The fluctuations in the macro economic conditions favor the slow going consumer. In simple words the home loan market in India does not need your urgent repayment, as longer the loan period, more profitable is it for the lender. Pay slowly in an extended period and gain the maximum out of the prevailing benefits offered by the loan market.

 

 

Business Card Etiquette

When doing business abroad it is important to understand the local culture. Culture includes areas such as a country’s norms, values, behaviours, food, architecture, fashion and art. However, one area of culture that is important for the international business person is etiquette. Understanding business etiquette allows you to feel comfortable in your dealings with foreign friends, colleagues, customers or clients. Knowing what to do and say in the right places will help build trust and open lines of communication. One aspect of etiquette that is of great importance internationally is the exchanging of business cards. Continue reading

Try Working in the Mining Industry

You want to earn the sort of salary you can be proud of, don’t you? You’re probably even sick of your smug Uncle who went to medical school getting all the attention at family gatherings? The mining industry is turning many regular people like you and me into very rich, happy individuals.

Forget all the stereotypes- like the one about it being a boys club only- the mining industry has evolved into one of the most professional industries in the world. Men and women of all ages and from all backgrounds are finding extremely satisfying employment as miners. It’s a diverse and equitable pastime. Continue reading