Finance, Projects and Charity

Before currency were invented the whole world run through barter system. Barter system means exchange of goods for goods. But it has its own deficiencies. A person with a cow want to buy a bag of rice, but the bag of rice don't want the cow and he's looking for a good sheep. Comes the problem of exchange. Here money comes into the picture. The owner of the cow sells it and buys the bag of rice. The owner of the rice got the money and he buys the sheep too. problem of exchange had been solved for the time being. But how exchange rate is confirmed in the market. Everyone pegs its currencies to one of the best currencies in the world ie., United States Dollar. Rupee is pegged to United States Dollar. Lets take the trade of United States v/s India. United States exports more goods to India and purchases few products from India. For ex: United States exports machinery to India. India or Indian Companies paid in United States Dollar. In United States Trade system, its surplus mo

Control trading in stock market and commodity market must be first priority of the SEBI. If it's not controlled, the companies involved in trading will be betting beyond their means. All the financial institutions always tend to challenge the market with irregularities in the accounting books. Actually once it may succeed or keep it mum, but in future it will show crack in the financial market. The best example is Financial Technologies. Always SEBI, Income Tax department and Service Tax department must check all the accounting system in such a way that it must be kept 100% intact. This will remove leverage in the market and the share prices will be decided according to the value of growth. Leverage will not happen, but market also will not show excessive pricing. Investors also can decide where to invest and they can easily forecast the growth. After finding the irregularities, the share market will fall and automatically the investor will be the ultimate looser. Actually the

Food production will be higher which will be above 120 million tonnes of foodgrains ie., 8.75 million tonnes of extra produce. Increasing produce of foodgrain, fruits, oilseeds, fruits and vegetables will meet the demand of increase in population. Food Security Act will require about 82 million tonnes of foodgrain to feed the poor. But now the main challenge is to maintain the growth story to feed the growing population. This year the Wheat production will be lower as last year it had broken all the records. Rice will be breaking the record as the production will be higher. Pulses production will be higher this year as monsoon was good. Soyabean production will be lower as monsoon had destroyed the crops of Madhya Pradesh and other neighbouring states. Yahoo News

CAT 2013 ; BBC NEWS

Reserve Bank had come-up with its first credit policy and how it's going to affect the economy, people and business. 1. Increase Bank Rate means RBI is ahead to fight the ongoing inflation like the Onion Prices, Vegetables, Fruits and Milk. 2. United States is continuing with the buy-back of bonds for a limited period and India opposing that came up with tightening policy so that it will control the market like stock market, commodity market and more. 3. This will ease the price of falling rupee as Saving will overhead Investment as people will be saving in the bank to get more interest rate. 4. Government had to decrease expenditure and increase the tax revenue. But Government must not cut on the spending for health, education and public finance. 5. Fiscal policies must be good as helping to improve living standard of the people. This will improve the consumption pattern of the people. 6. Home Loan and Auto Loan will increase but still lot of rooms are there to buy. CAT

Credit Card is the same like middleman who provide credit to farmers and people with high interest rate. The credit card charges between 3% to 4% per month on the outstanding amount. They collect unauthorized amount as interest from people. Banks get more than 5% interest for providing credit cards to the people. 88% of credit card is issued in India. This 88% is controlled by just 10 banks. Indusind Bank, Axis Bank, ICICI Bank and HDFC covers almost 66% of  10 banks. Transaction Fees must be covered as transaction done by the client. Never Ever Buy a Credit Card. Better take a loan. CAT 2013 ; Yahoo News

Reserve Bank Governor Raghuram Rajan, had increased the Repo Rate to create Rupee Stability. This will create the market crash, but Rupee will strengthen due to surprise increase of Repo Rate to 7.5%. Reverse Repo Rate stood at 6.5%. This is considered to be correct not to take the outflow outward. Though some measures must be to free the economy, but inflation must be controlled. Indian Governor had earned US$ 1.4 Billion by swapping Indian Rupee from two exchange swaps. Simple, If market is left unscathed stock market will increase, but we want to increase the productivity. To increase productivity, inflation must be controlled. Otherwise, it will eat the productivity benefit and keep the country the same without much growth. But more to be done. RBI must keep the control going and Finance Minister Fiscal Policies must enhance by providing more benefits to the business community, farmers, contractors and more. But Government must come with more reforms, RBI and Finance Minister