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Quick Update For NRIs, PIOs
Read by NRIs in over 37 Countries
Issue No. 201 Evening Edition IST
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Headline News in this issue:
India Wins Again: Anna Hazare’s crusade against corruption
Success After Failure story of Priyanka Chopra
India Wins Again
Anna Hazare’s crusade against corruption
After single-handedly initiating a people's revolution, the 72-year-old activist who launched what he calls "India's second freedom struggle," ended his hunger strike at 10:40 am today, following an agreement with the government to set up a committee to write a stringent new anti-public corruption law. Refresh this page for live updates
To know more about Anna Hazare, click: http://www.youtube.com/watch?
3:30 pm: Anna Hazare said he would tour the entire country to campaign against corruption and promised more struggles ahead after breaking his 97-hour hunger strike. He also had a word of thanks for the youth.
'I have broken the fast today because the government has fulfilled our demand by issuing this order,' he said, triumphantly flashing the gazette notifying the formation of a 10-member panel to draft a stringent Lokpal (ombudsman) Bill to combat corruption in high places.
2:30 pm: Reacting to the Centre's decision of agreeing to issue a formal order to set up a committee for drafting a strong Lokpal Bill, Infosys Chief Mentor N R Narayana Murty hailed the outcome of the protest launched by social activist Anna Hazare.
"Corruption is a phenomenon that affects the entire civil society and therefore Anna Hazare's desire that civil society plays an important role in defining the parameters for Lokpal is absolutely justified," he said.
2:15 pm: Anna Hazare suffered high blood pressure after he ended his 97-hour fast at Jantar Mantar and his doctors have asked him to take rest and not to speak.
(For more details, visit yahoo: http://in.news.yahoo.com/live--victory-for-anna-hazare-and-india.html)
Bollywood actor
“Failure makes place for something better”
When I failed: I was a 17-year-old girl, put out of her school uniform straight into the Miss India pageant. Unlike all the models around me, I had no experience. I did not even know how to stand in heels! I didn’t win a single of the six or seven subevents, not even the singing, which I am really good at and which all the rest were sure I would.
That really broke me. I cried that whole night and felt stupid that I was even there. That’s when my mom sat me down and told me not to take the winning seriously, to give it my best, so that there were no regrets later. I did that and had a great time. I was also very focused but all through I knew it was not a do or die situation. Thank God I failed, or I would never have been Miss India or an actress today…
What I learnt:
That nothing is a do or die situation. In whatever you do—be it beauty pageants or films. That nothing is worth compromising my values for. It taught me a great balance as well as a very important thing—failure is not an option or God is making place to give you something better.
What is most important is that be it any task from tying shoelaces to acting, everything should be done with perfection. There must be a pride to do it better than anyone else. And if its not good enough then I have no regrets because I have given my best to whatever task is on hand, small or big.
How it helped me succeed:
By giving me this drive. In fact, it’s always happened with me that failures have made place for something better or taken me to a better place.
Success lies in having the right attitude, to start looking at the failure as positives—for example, I never dissect a film. I stand by all my films. I know when I took it on, I believed in it. So if there are mistakes they are fine and I always have the courage of conviction of what I do and move on.
In fact, never take on something if you do not have the courage of conviction.
(As told to Nandini Raghavendra)
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Investment & Wealth Creation Advice (Some Golden Rules)
Please note that our advice is primarily for investors and not for speculators. Investors typically invest with a 12-60 month investment perspective. You will therefore find that our advice does not change substantially from issue to issue. However, it is worth reading it again and again to get your investments on the right tracks as what we have stated below is based on some golden rules of investing.
Indian nationals & PIOs can expect about 15-25% returns year-on-year
Indian capital markets have been thrown open to individual foreign investors in the budget announced recently. Now, PIOs can also invest in Indian Mutual Funds (MFs).
Indian Investors can expect 15-25% returns year-on-year if they invest in MFs which are rated 5-star by rating agencies. It would mean, NRIs, PIOs as well as Resident Indians will be able to double their investments in MFs every 3-4 years, taking almost no risk. So, India offers a great investment opportunity.
NRI.NewsIndia recommends investment in Indian Mutual Funds taking the SIP(Systematic Investment Plan) route. An individual investor may like to schedule weekly or monthly investments in select mutual funds from now onwards.
Kaun Banega Karodpati?
Only Rs. 2,000 per month invested in a 5-star rated mutual fund in India for 30 years, will make you a Karodpati. Most of you can easily do this much investment in your name and/or in the name of each family member.
NRI.NewsIndia Recommends investment in the following Mutual Funds:
1. HDFC Equity Fund
2. Franklin India Blue Chip Fund
3. Birla Sunlife Frontline Equity Fund – Plan A
4. DSP Blackrock Equity Fund – Dividend
5. HDFC Top 200
6. ICICI Prudential Dynamic Plan
7. HDFC Prudence Fund
Do not purchase shares of a good company at a wrong (high) price. Also, do not purchase shares of a bad company even at a very low price.
Do not put all your eggs in one basket. Diversify your portfolio to de-risk. Do not put more than 33% of your investible funds in stocks and/or mutual funds. Put 33% in Fixed-Interest instruments and the remaining 33% in real estate when real estate prices are low.
Do not invest more than 15% of your investment in any one mutual fund, stock or sector.
NRIs & PIOs should not keep all their money in just one country. Keep 20-33% in nationalized banks in India or in private banks like HDFC, ICICI, HSBC etc.
As actors & sportsmen can never be sure about their earnings after 5-10 years, they should invest 50% of their earnings every month in Fixed Deposits, Mutual Funds and Real Estate.
If you suddenly get a few lakhs or a few crores, do not invest the sum in a hurry. Park it in a Fixed Deposit for a couple of quarters. Consult one or two investment advisors and then invest the amount in a proper manner.
Never go by your gut feel or a freind's advice when it comes to investing your money. Always consult one or two investment advisors before you make your investments.
Do not invest in stocks, mutual funds or realty when their prices are quite high. From the high levels, these prices normally come down by about 20-40% and that is when many people lose their hard earned money in a big way. Make sure that you are not one of those big losers.
Also, never take any loan to invest in stocks or mutual funds.
For a FREE First Consultation before investing in Mutual Funds in India, write to psm@amsoftconsulting.com.
Disclaimer: Please make all your investments after taking expert advice. NRI.NewsIndia will not be responsible for losses, if any, incurred by you. Through NRI.NewsIndia, we are only making you aware of the investment opportunities in India at a broad level. ..........................................................
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