Tag: Have

Family Finance: Why Joshis have enough time to build sufficient corpus for all financial goals

Loknath Das

Early start to planning by Hyderabad-based Joshis will help them build sufficient corpus for all goals. Himanshu and Neha Joshi are IT professionals staying in Hyderabad with their four year-old child. They get a combined monthly salary of Rs 1.9 lakh and, after expenses and investment, are left with a surplus of Rs 10,108. They have already bought a house worth Rs 72 lakh, for which they are paying an EMI of Rs 45,000. They are also servicing a car loan of Rs 3.2 lakh with an EMI of Rs…

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Visitors to New Zealand will have to pay tourist tax from 2019

Loknath Das

New Zealand has announced plans to introduce a tourist tax and increase other fees for international visitors to fund infrastructure development in the face of a tourist boom. Tourism numbers in the country of 4.5 million have surged by nearly a third in the past three years to 3.8 million in April this year. “This rapid growth has impacted the costs and availability of publicly-provided infrastructure,” said tourism minister Kelvin Davis. “Many regions are struggling to cope and urgently need improved infrastructure, from toilet facilities to car parks.” A tax…

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India to have 500 million internet users by June this year: Experts

Loknath Das

India’s internet user base will hit 500 million by June this year and by 2020, the country will have more than 700 million smartphone users, according to the industry experts. Mobile phones will emerge as the preferred device for online shopping by 2020, accounting for 70 per cent of total online shopping, said the experts at the seventh edition of the India Internet Day in Delhi held on Thursday. The conference was organised by TiE Delhi-NCR, the world’s largest network of successful entrepreneurs and professionals — attended by over 500…

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You have at least 2 years to revive a lapsed policy

Loknath Das

Let us say you miss paying the premium on your life insurance policy, and as a result, your policy has lapsed. For people who may find themselves in situations like this, life insurance companies offer a small window of opportunity to revive the policy during the revival period. The rules state that insurers need to offer a revival period of at least 2 years within which you can reinstate your policy. Here is how you can revive a lapsed life insurance policy. When do insurance policies lapse? A policy lapses…

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The 4 Values That Have Guided This Travel Entrepreneur To Success

Loknath Das

Kristin Karst is the cofounder, co-owner and executive vice president of AmaWaterways, a family-owned river cruise company created in 2002 with a fleet of 20 award-winning ships in Europe, Asia and Africa. The successful businesswoman grew up during the Communist period in East Germany, which, she says, has had a huge impact on her career and spawned her two greatest passions: travel and entrepreneurship. Morgan Stemler Kristin Karst is the cofounder & EVP of AmaWaterways, a river cruise company. (Courtesy of AmaWaterways) “During the Communist era, many restrictions were in place,…

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Have an idea for a startup but not sure where to start? These online classes can help.

Loknath Das

Everyone and their mother has an idea for a startup, but the impressive part is getting it off the ground. Luckily, there are a few critical skills that will help you succeed in the startup world no matter which industry you plan to disrupt. The Startup School Bundle, which is just $40 right now (a massive 97% discount) offers ten courses that can help you learn essential skills for any field. Generating Ideas Most ideas for startups and apps are pretty vague, and just about everyone has a plan for “the Uber of…

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Why Angel Investors Should Have an Investment Thesis

Loknath Das

Few angel investors have investment theses, short summaries of the person’s strategy for what kinds of startups he or she will fund. Fewer still have these theses written down in a form that can be shared with others. That’s a mistake. Angels should have clear, written investment theses. Having them imposes discipline on their investment selection and facilitates communication with entrepreneurs and other investors. Venture capitalists all have investment theses, which they need to raise money from their limited partners. Because venture capitalists have a fiduciary duty to invest the LPs’ money…

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Bitcoin Investment Doesn’t Have to Be Complicated? See These 4 Benefits

Loknath Das

When the co-founder of PayPal gives an endorsement, investors take notice. Bitcoin started out as an investment in which most people struggled to understand the mechanics and value. At its inception, the cryptocurrency’s only investors were technophiles ready to try out something revolutionary. Less than a decade later, Bitcoin has made huge strides in the investment universe and its value has soared to incredible heights. A $1,000 investment in Bitcoin in 2011 would be worth over $15,000,000 today — and it shows no sign of slowing down. In 2017 alone, Bitcoin has grown over…

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India will have to wait longer for Android Pay as Google shifts focus to Tez, its digital payment app

Loknath Das

Google is not going to roll out its Android Pay service in India any time soon. The company is rather focused on pushing its new app – Google Tez, a Unified Payments Interface (UPI)-based digital payment application, in the country. During a Q&A session following the launch of Google Tez app on Monday, company’s senior executive Caesar Sengupta told the media that the company has no immediate plans to launch the Android Pay service in India. He cited lack of wider availability of (Near Field Connectivity) NFC-enabled smartphones and penetration of…

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Travelling with the squad? Follow these 5 rules to avoid fights and have a great trip

Loknath Das

Everything is better with friends. Travel, too. You take back a life back of memories with your gang. However, there are times when everyone has different preferences and doesn’t get along. So, to avoid rotten,grumpy faces of your friends on a holiday, there are few unwritten rules to follow. Every friend group is different, with its own nuances, but if you stick to the following five rules – you’ll likely survive your trip without flouncing from your group WhatsApp in a huff. Identify “the bossy one” early on: There is always one…

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