Now here is the big issue. Despite the company having received such a large number of bookings, the company’s current production is only 50,000 units. However this number is slated to increase once the company’s slated plant at Sanand (Gujarat) starts functioning. In the initial round, while 50,000 people would be allotted the car, the… Read More »
The high selling point of the Nano at this point in time, is the extremely affordable price tag and the fact that it looks quite fetching in terms of looks and gives consumers the snazzy feel of commuting in a hi-tech “cool” car. It comes with an Engine Management System (EMS), components of which have… Read More »
Time and again RBI has urged banks to rethink their BPLR to encourage lending and allow the train of money rotation to chug along at a peaceful pace. Benchmark Prime Lending Rates (BPLR) is a reference interest rate used by Banks as a benchmark to determine the interest rate passed on to the customer. The… Read More »
There have been several instances noticed where compromise has been made on the square feet area of the house. For example, balconies have disappeared from floor plan, 1000 sq. ft homes are being converted to 850 or 900 sq. ft. in a bid to make space for more apartments in a block, 544 square feet,… Read More »
The highest risk faced with fixed deposits is the effect of inflation. The real return after adjusting for inflation is very less or sometimes negative for fixed deposits of banks. This is a big burden, particularly for retired people, who have invested their retirement proceeds to get regular income. Their income may be regular and… Read More »