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.

http://economictimes.indiatimes.com/industry/transportation/5-secret-tricks-to-flying-really-cheap-in-india/wait-for-offers/slideshow/59052176.cms

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Tips for NRIs returning to India

May 12, 2017

With United States President Donald Trump ordering a review of the H-1B visa programme in the US, there are widespread fears among Indians working in the information technology sector there that they may have to return home.

Whatever the reasons for returning, non-resident Indians (NRIs) need to plan the shift meticulously. Besides finding a job that does justice to their skills and getting their children admitted into the right schools and colleges, they also need to handle the financial aspects of the transition well.

Tax residency status

Upon his return, an NRI first needs to determine his residency status for the purpose of income tax. This depends on the number of days he has been present in India.

“India follows a physical presence test as the sole criterion for determining an individual’s residential status for income tax purpose,” says Suresh Surana, founder, RSM Astute Consulting.

An individual can fall in any of these three categories: resident and ordinarily resident (ROR), resident but not ordinarily resident (RNOR, an intermediate stage for returning NRIs), and non-resident (NR).

Re-designate bank accounts

Upon his return, an NRI must inform his bank about the change in his residential status. He will need to get his NRI accounts re-designated into resident accounts.

“An NRI should re-designate his non-resident ordinary (NRO) savings account into a resident savings account. The balances in non-resident external (NRE) accounts should be re-designated to resident rupee accounts or to resident foreign currency (RFC) account. The foreign currency non-resident (FCNR) deposits may be allowed to continue till maturity at the contracted rate of interest,” says Pralay Mondal, senior group president, retail and business banking, YES Bank.

Buy insurance cover

The policies that a returning NRI needs to buy depends on what he is able to bring back with him.

“The life insurance policy he had bought abroad may cover him even after he moves to India as their coverage is worldwide. But the health policy may not work in India since it operates only within a certain geography,” says Arvind Laddha, deputy chief executive officer, JLT Independent Insurance Brokers.

Don’t rush to buy real estate

Give a lot of thought to whether you should buy a house immediately upon return or wait for some time.

“If someone has been coming back to India regularly and likes a particular city, has friends in it, or had lived in it prior to moving abroad, he may find it easier to decide on the city. If not, an NRI should first settle into a rented house, find his bearings, and then buy after some time,” says Lovaii Navlakhi, founder and CEO, International Money Matters.

Source: – http://www.rediff.com/business/report/trump-era-tips-for-nris-returning-to-india/20170512.htm


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


How to Record iPhone screen without Jailbreak

June 10, 2015

Steps to Record iPhone and iPad screen without Jailbreak

1. Open the Safari browser using your iOS device.
2. Open the website Emu4iOS.net.
3. From this website, download the Shou App to your device.
4. Launch the Shou app on your device.
5. After opening the app, signup using your facebook or google account.
6. After you sign up and login, there will be 2 options available in this app. Start Broadcasting & Start Recording.
7. You can also adjust orientation, quality and timing of the video.
8. Click on start recording to start capturing the screen of your iPhone without the need to Jailbreak. When you start recording, a red dot will start showing up, which means recording.
9. To stop the recording, click on the red dot at the top of the screen.
10. Congratulations, you successfully recorded the screen of your iOS device without Jailbreak.

Source: – http://www.latesthackingnews.com


Using social media to find your next job

February 17, 2014

Preparations while looking for a new job…

  • Ensure that your resume is up to date with all the projects in the previous assignment.
  • Your LinkedIn profile should be up to the mark as well.
  • If there are profiles on other job sites, then they need to be updated too.
  • Start talking to your immediate network about openings and start setting alerts for the kind of openings you are looking out for.

Preparations once a job opportunity is found…

  • Ensure that you have a thorough knowledge of the basics of the field you are in and you are on top of the news in the industry.
  • Understand the business and products/services of the company that you intend to apply to. Then chalk out how you, with your skills, can add value to their organisation. This basic study will help in all the screening processes.

Using social networks to find new jobs…

  • Social networks are a huge help these days—LinkedIn being the leader here—with the recommendation, profile sharing and job posting opportunities.
  • Facebook and Twitter are becoming an effective medium to discover jobs, get referred and even apply.
  • Individuals are using their social networks as referral networks and getting friends to join their companies.

Source: Rediff


All about Raghuram Rajan – 23rd governor of the Reserve Bank of India

September 4, 2013

What you should know about the new governor:

1. Raghuram Rajan is the 23rd governor of the Reserve Bank of India. He has been appointed for a period of three years, and will take charge from D. Subbarao, who is exiting after an extended five-year term.

2. This will be Mr. Rajan’s second assignment in the country. He was appointed the Chief Economic Adviser to the Finance Ministry in August last year.

3. He was the Economic Counselor and Director of Research (simply put, the chief economist) at the International Monetary Fund from September 2003 till January 2007.

4. Mr. Rajan’s claim to fame is his prediction of the 2008 global financial crisis. In his paper titled Has Financial Development Made The World Riskier?, which he submitted in November 2005, Mr. Rajan wrote: “But perhaps the most important concern is whether banks will be able to provide liquidity to financial markets so that if the tail risk does materialize,…” The response to this paper was negative.

5. Mr. Rajan has worked as the Eric J. Gleacher Distinguished Service Professor of Finance at the University of Chicago’s Booth School of Business.

6. Mr. Rajan has also served as the Bertil Daniellson Visiting Professor of Banking and Finance, Stockholm School of Economics, 1996-97; Visiting Professor of Finance, Northwestern University, 1996-97, and the Fischer Black Visiting Professor, Massachusetts Institute of Technology, 2000-01.

7. In January 2003, the American Finance Association awarded Mr. Rajan the inaugural Fischer Black Prize, given every two years to the financial economist under age 40 who has made the most significant contribution to the theory and practice of finance.

8. He is the author of the popular book Fault Lines: How Hidden Fractures Still Threaten the World Economy, where he has argued that serious flaws in the economy are to blame for the current economic crisis, and warns that a potentially more devastating crisis awaits us if they aren’t fixed.

9. He earned his bachelor’s degree in electrical engineering from IIT-Delhi, before pursuing his MBA in 1987 from the Indian Institute of Management, Ahmedabad, followed by a PhD in 1991 from Massachusetts Institute of Technology. He was a gold medalist at both IIT and IIM.

10. Rajan, 50, was born in Bhopal on February 3, 1963. He comes from a Tamil family and is married to Radhika, a classmate from IIM. They have two children.

Source: http://profit.ndtv.com/news/cheat-sheet/article-raghuram-rajan-10-things-to-know-about-the-new-rbi-governor-326728

 

 


Business Tips

April 2, 2013

1. Here’s a sales mantra. Find out whom your would-be clients hate. That knowledge can help you push them towards your deal, particularly if they are sitting on the fence ready to teeter off to one side or the other.

2. One of the best sales techniques is to ask when can you meet the client and how soon – and then show up.

3. Suggest the same idea to two different key executives in the same company. If you can get them to agree separately that the idea is sound then, when you put them together, a sale is probably going to be the result.

4. Sales presentation made to a large group of people is a different ball game. If you try to sell to more than one person at the same time, you are introducing into the sale the dynamics of their inter-relationships, which can do nothing but detract from your purpose.

5. People in business want to do business with winners. It helps to make your present customers aware of either your own or your company’s big wins in the past. Out-and-out bragging is not a very good idea, but it can be done subtly in a million other ways.

6. Here’s a negotiation tip. The point of negotiation is to reach an agreement that is mutually advantageous to both parties. To make it a contest of egos can only work against you.

7. Acknowledge the other party’s feelings. This is the oldest psychological technique in the world and works just as well in negotiations as it does in any other form of human relations.

8. The pressure to get a deal done can make you say and do things that aren’t in your best interest. If the other party knows you have a deadline, they really don’t need to know anything else.

9. Time itself – or the passing of it – can also be one of your most valuable negotiating allies. Anxiety and desire to get a deal done breed hyper-kinetic behaviour. There is a natural tendency to speed up the negotiation process rather than to slow it down.  Force yourself to resist this urge, and take advantage of it in others.

10. Positioning is the key to a successful product. Always associate your product with positive values – positive home values, positive environment values, or positive values of excellence. Inevitably, these produce positive results.

11. Learn to master what is a conducive sales atmosphere. Just as there is a right time to make a sale there is usually a right place for it as well.

12. A chance encounter at a non-business locale can also present an opportunity. For example, running into a business associate at a beach or tennis club. You can bring up business topics, and follow them up later at office.

13. Never forget this sales mantra: It is so much easier to sell someone what they want to buy than it is to convince them to buy what you are selling.

14. If you are keen on a sales pitch, find out who does the buying. Every company has its system, procedures, and pecking order for making decisions. You should know these, if you want to win a bid.

15. If Edison had gone to business school, we would all be reading by larger candles. So, often business demands innovation, unconventional thinking.

16. Listen aggressively. Keep pausing. A slightly uncomfortable silence will make people say even more. Try it.

17. Talk less. That way you will learn more, hear more, see more and make fewer blunders.

18. Observe aggressively and learn to use it to advantage. You don’t need to read a book on body language to interpret certain gestures.

19. Business situations always come down to people situations. And the sooner you know about the person you are dealing with, the more effective you are going to be.

20. Observation can yield rich results. Remember that people communicate with their eyes in business situations when they can’t use words.

21. Mull over this, and master the principle. Business is a constant process of keeping your own guard up, while encouraging others to lower theirs.

22. Go with first impressions, but only after carefully scrutinizing them.

23. If you are about to make a presentation/phone call, take a moment to think about what, what reaction you want. It may yield good results.

24. Be detached. If you force yourself to step back from any biz situation, particularly one that is heating up, your powers of observation will increase.

Source: Business Today