5 secret tricks to flying really cheap in India

June 8, 2017

The secret to cheap flying is out

There is a price war in the domestic aviation market. And, you, the consumer, is the real winner. But how do you get the best deal in a fire sale. Here are a few tips

Book early

That’s right. Spot rates (for immediate travel) are usually 2-4 times higher compared to ticket rates a few months earlier. And this is advisable even to the business class travellers.

Why do airlines like advance bookings? This is part of their yield management. Only the first few seats (15-20) are offered at the lowest rates and then they keep on increasing the fares. They keep the last few seats for the spot customers and charge very high rates from them. Corporate customers who travel at the last minute and pay the maximum price are subsidising customers who book early.

Use calendar spreads

The rates offered by airlines keep varying. Monday morning flights to major cities are costly. This is because of the heavy rush of business travellers at the start of the work week. Similarly, there is heavy outbound rush from cities on Friday evenings and this pushes up the rates. Leisure travellers can avoid this rush and save money.

Book tickets on Tuesdays and Thursdays as they are usually cheaper on these two days of the week.

Festival day booking

Book on the day of the festival, in case you have to travel the same day. This is because most travellers want to reach the home / tourist destinations before the festival and, therefore, the rates are a bit cheaper on the day of the festival.

Go for combo offers

The commonest combo offers are the return trips. However, if you want to cancel your journey, some airlines may force you to cancel the return as well. Therefore, go for the combos only when the return fare is offered at a significant discount. Next in line are hotel-plus offers.

Wait for offers

Travellers have to plan in advance and then wait for promotional offers. Though offers pour in almost on a weekly basis, travellers have to act fast to benefit. Since offers are available for a few hours, they (travellers) have to get the information fast (by signing up for mobile apps, email alerts, SMS alerts, etc.) and also to make up their mind and take action immediately.


All about Digital India Week

July 1, 2015

What is Digital India?

  • With the launch of Digital India programme, the government is taking a big step forward to transform the country into a digitally empowered knowledge economy.
  • PM is expected to unveil various schemes worth over Rs 1 lakh crore like Digital Locker, e-eduction, e-health, e-sign and national scholarship portal.
  • BharatNet in 11 states and Next Generation Network (NGN), are also a part of Digital India campaign.
  • The programme includes projects that aim to ensure that government services are available to citizens electronically and people get benefit of the latest information and communication technology.
  • The Ministry of Communications and IT is the nodal agency to implement the programme.

Apps for Digital India

  • Digital India Portal, MyGov Mobile App, Swachh Bharat Mission App and Aadhaar Mobile Update App.

Vision Of Digital India

  • Digital Infrastructure as a Utility to Every Citizen
  • Governance & Services on Demand
  • Digital Empowerment of Citizens

Pillars Of Digital India

  • Broadband Highways
  • Universal Access to Phones
  • Public Internet Access Programme
  • e-Governance – Reforming government through Technology
  • e-Kranti – Electronic delivery of services
  • Information for All
  • Electronics Manufacturing – Target NET ZERO Imports
  • IT for Jobs
  • Early Harvest Programmes

Impact of Digital India by 2019

  • Broadband in 2.5 lakh villages, universal phone connectivity
  • Net Zero Imports by 2020
  • 400,000 Public Internet Access Points
  • Wi-fi in 2.5 lakh schools, all universities; Public wi-fi hotspots for citizens
  • Digital Inclusion: 1.7 Cr trained for IT, Telecom and Electronics Jobs
  • Job creation: Direct 1.7 Cr. and Indirect at least 8.5 Cr.
  • e-Governance & eServices: Across government
  • India to be leader in IT use in services – health, education, banking
  • Digitally empowered citizens – public cloud, internet access

Benefits of Digital Locker

  • Digital Locker facility will help citizens to digitally store their important documents like PAN card, passport, mark sheets and degree certificates.
  • Digital Locker will provide secure access to Government issued documents. It uses authenticity services provided by Aadhaar.
  • It is aimed at eliminating the use of physical documents and enables sharing of verified electronic documents across government agencies.
  • Digital Locker provides a dedicated personal storage space in the cloud to citizens, linked to citizens Aadhaar number.
  • Digital Locker will reduce the administrative overhead of government departments and agencies created due to paper work.
  • It will also make it easy for the residents to receive services by saving time and effort as their documents will now be available anytime, anywhere and can be shared electronically.
  • To sign-up for your Digital Locker, one need your Aadhaar number and a Mobile number that is linked to that Aadhaar Number.

What is National Optical Fibre Network (NOFN)?

  • NOFN proposes seven lakh kilometers of optical fibre to be laid to connect 250 gram panchayats in three years.
  • Public Wi-fi spots will be provided around the clusters after that and all villages will be provided with internet connectivity.

Source: http://www.oneindia.com/feature/what-is-digital-india-programme-explained-1792279.html

According to Communications and Information Technology Minister Ravi Shankar Prasad, “ten states including Maharashtra, Madhya Prasad, Rajasthan, West Bengal, Haryana and Chhattisgarh, are ready to roll out the NOFN to facilitate Digital India.

Read more at: http://www.oneindia.com/feature/what-is-digital-india-programme-explained-1792279.html

Rupee’s fall: How it will impact common Man

August 21, 2013

Rupee Fall


Importers will strongly feel the pinch of falling rupee as they will be forced to pay more rupees on importing products. Conversely, a feeble rupee will bring delight to the exporters as goods exported abroad will fetch dollars which in return will translate into more rupees. Also, a weak rupee will make Indian produce more competitive in global markets which will be fruitful for India’s exports.

Imported goods:

Buying imported stuff will become a very costly affair. You will have to shell out extra on imported goods. For instance if you bought a product valued USD 1, you paid around Rs 54 (weeks ago) but you will now have to shell out close to Rs 63 for the same product.

Fuel price:

A weak rupee will increase the burden of Oil Marketing Companies (OMCs) and this will surely be passed on to the consumers as the companies are allowed to do so following deregulation of petrol and partial deregulation of diesel. If the OMCs increase fuel prices, there will be a substantial increase in overall cost of transportation which will stoke up inflation.

RBI’s monetary policy:

If the depreciation in rupee continues, it will further increase inflation. In such a situation RBI will have very less room to cut policy rates. No cut in policy rate will add to the borrower’s woes who are eagerly waiting to get rid of the high loan regime.

Students studying abroad:

Students who are studying abroad will bear the brunt most owing to depreciating rupee. Expenses incurred towards the university/college fee as well as that of living will shoot up, thereby spelling a huge burden on the students.

Tourism: The depreciating rupee will surely be a dampener if you are planning your holiday abroad. Your travel charges as well as hotel charges will escalate drastically, let alone shopping and other miscellaneous spending activity.

Overseas Indians: Money saved is money earned. Depreciation of rupee is certainly a good news for the overseas Indians. Those working abroad can gain more on remitting money to their homeland.

Country’s fiscal health: A frail rupee will add fuel to the rising import bill of the country and thereby increasing its current account deficit (CAD). A widening CAD is bound to pose a threat to the growth of overall economy.

Source: http://zeenews.india.com/business/news/finance/rupees-free-fall-how-it-will-impact-you_82322.html


Novartis ruling opens doors for Indian pharma firms

April 2, 2013

The Supreme Court’s rejection of Swiss drugmaker Novartis’ patent application for its blockbuster anti-cancer drug Glivec is poised to give a boost to domestic generic drug manufacturers by providing clarity on the extent of innovation required to retain patents in India.

The decision means Indian generic drugmakers can continue to sell copies of the drug at a lower price in India — and that is a blow for some multinationals banking on easy patent power.

Novartis shares plunged 6.8% to Rs.558 on the Bombay Stock Exchange, a 14-month low after the judgment, before recovering losses to end down 1.8% to Rs.588.

Domestic drug majors, however, registered gains with Cipla climbing 1.2% to Rs.384, Ranbaxy 2.7% to Rs.452 and Natco Pharma 5.4% to Rs.452.

Glivec, which is used to treat chronic myeloid leukaemia and other forms of cancer, costs Rs.1,20,000 a month.

The generic equivalent is currently available in India for about Rs.8500.

For Indian generic firms, especially Cipla, Ranbaxy and Natco, which have been selling similar versions of the drug, it is a welcome move.

Source: Hindustan Times


Procedure for an NRI to buy property in India

March 20, 2013

Purchasing a property in India ranks high in the list of priorities of a non-resident Indian (NRI). A home is a security and provides a shield to the buyer against factors like high prices and inflation. To begin with, the first thing that an NRI needs to be familiar with is the procedure of buying a property in the country.

The buying transaction is governed by the Reserve Bank of India (RBI) and the rules and regulations fall under the purview of the Foreign Exchange Management Act (FEMA). The forum called Open House on MagicBricks site where consumers post their property related queries has seen prospective NRI buyers ask about the lowdown on how to buy a property in India.

Legal Expert Asha Nayar Basu, Partner, S Jalan & Co. Advocates provided the fundamentals that need to be looked at before a purchase. Firstly, an NRI may acquire any immovable property other than agricultural land/farm house/ plantation property in India by purchase. Secondly, funding of the transaction can happen a) out of finances received in India by way of inward remittance from any place outside India or b) funds held in any non-resident account maintained in accordance with the provisions of the Act and the regulations made by the  Reserve Bank under the Act.

According to the RBI website, no payment can be made either by traveller’s cheque or by foreign currency notes.

Thirdly, NRIs can take a home loan also for purchase of a property. RBI also allows NRIs to take a loan for repairs and renovations of their home. RBI states in its website that the buyer, however, has to adhere to the FEMA regulations at the time of taking the loan. “Banks cannot grant fresh loans or renew existing loans in excess of Rs 1 crore against NRE and FCNR deposits, either to the depositors or to third parties,” the site mentions.
Such loans can be repaid in the following manner:

a) By way of inward remittance through normal banking channel or
b) By debit to the NRE/FCNR/NRO account of the NRI/ PIO or
c) Out of rental income from such a property
d) Cheques from your local relative’s bank account

Source : – Times Property

Budget 2011 +ve

March 1, 2011
Positive Outcome 

  1. Current surcharge of 7.5 per cent on domestic companies proposed to be reduced to 5 per cent
  2. Higher exemption limit of Rs 5,00,000 for very senior citizens, who are 80 years or above
  3. Allocation to Sarva Shiksha Abhiyan increase by 40 per cent to Rs 21,000 crore
  4. Allocation for education increased by 24 per cent over current year
  5. Allocation of Rs 2,14,000 crore for infrastructure in 2011-12; an increase of 23.3 per cent over 2010-11
  6. Excise duty to be reduced from 10% to 5% on parts of specified machinery
  7. Surcharge for companies cut to 5 per cent, from 7.5 per cent
  8. Special incentives for hybrid vehicle makers if manufacturing done in India to be positive for auto companies
  9. Crude palm used in sports exempted from customs duty to be positive for palm oil companies
  10. Duty reduced on hybrid & electric cars along with batteries imported for such vehicles
  11. Senior Citizen Age Limit reduced from 65 years to 60 years for Income Tax purposes
  12. Naina Lal Kidwai: The green orientation of the budget is a welcome positive
  13. Basic customs duty on agricultural machinery reduced to 4.5 per cent from 5 per cent
  14. No import duty on ship parts positive for SCI
  15. Tax exemption limit for senior citizens raised to Rs 2.5 lakh from 2.4 lakh

Source- http://economictimes.indiatimes.com/budget.cms

Union Budget 2011: What’s cheaper, costlier? Check out

February 28, 2011


  • Mobile Phones
  • Refrigerators
  • Home Loans
  • Cement
  • Printers
  • Paper
  • Diapers & Sanitary Napkins
  • Homeopathic Medicines
  • Soap
  • Steel
  • Yarn/Raw Silk
  • LED Lights
  • Battery Driven Vehicles
  • Agriculture Machinery


  • Healthcare in top-end private hospitals
  • Branded Clothes
  • Gold
  • Air Travel
  • A/C Restaurants Serving Liquor
  • Hotel Services

Apple iPad 2@ INDIA , Specs & Features

January 30, 2011

1. Camera
Currently, Apple iPad controls more than 70 percent of the total tablet market. Earlier it was about 80 percent, but the emerge of Google Android tablets affected its sale. The main reason for this was the Camera feature. Most of the new tablets boast camera and many of them have dual camera that support video calling. So, surely we can expect dual cameras on Apple iPad 2.

2. USB port
Another major change on iPad 2 will be the availability of a USB port. Currently, iPad has a 30-pin dock connector for externel connectivity. New iPad 2 will boast mini USB port that helps users to upload movies and files more easily and fastly.

3. Retina Display
Apple introduced the high-resolution Retina Display on iPhone 4 that made it an unique smartphone. It is expected that iPad 2 will also get the high resolution Retina Display.

4. 7-inch Display
Apple is in confusion about the size of screen. Most of the rumors suggest that iPad 2 will have a 7-inch screen, that will make iPad to compete with Samsung Galxy Tab which offers the same size. Some others advocate that iPad 2 will have 10-inch screen to compete with Motorola Xoom which offers 10.1-inch screen.

5. Performance
Apple iPad 2 may get dual core graphics that means SGX543 graphics or A5, which makes this new tablet as the most powerful one in the market.

6. Flash support
Some rumors suggest that Apple may co-operate with Adobe to offer Flash support in iPad 2. Most of the tablets running on Andoid OS have Flash support, which is an essential component for web surfing.

Rumors and speculations have made the Apple iPad 2 as the much awaited gadget of 2011. Like all other gadgets launch, Apple has not announced any specifications about the iPad 2. So, we have to wait to see the new changes made by Steve Jobs on iPad. Stay tuned for more updates.

Source: http://news.oneindia.in/2011/01/30/apple-ipad2-specs-features-launch-review-aid0102.html

New Direct Tax Code: Major relief for salaried class

August 26, 2010

The new provisions under the Direct Tax Code are as follows:

  • Tax for income between Rs. 2 lakh – Rs. 5 lakh: 10%
  • Tax for income between Rs. 5 lakh – Rs. 10 lakh: 20%
  • Tax for income over Rs. 10 lakh: 30%
Corporate tax has been kept at 30%.
The limit for exemptions for salaried people is Rs. 2 lakh, while that for senior citizens is Rs. 2.5 lakh.

The new Code comes into effect from April, 2011.

Source: http://www.ndtv.com/article/business/new-direct-tax-code-major-relief-for-salaried-class-47396