Jobs Available संधी रोजगाराची खात्री नोकरीची

औरंगाबादेतील वाल्मी संस्थेत सहयोगी प्राध्यापकाच्या ४ जागा
औरंगाबाद येथील जल व भूमी व्यवस्थापन संस्थेत (वाल्मी) सहयोगी प्राध्यापक (४ जागा) हे पद भरण्यात येणार आहे. अर्ज करण्याची शेवटची तारीख २० जुलै २०११ आहे. यासंबंधीची सविस्तर जाहिरात www.walmi.org या संकेतस्थळावर उपलब्ध आहे.

पंजाब नॅशनल बँकेत ५८१ जागा
पंजाब नॅशनल बँकेत मुख्य व्यवस्थापक-माहिती तंत्रज्ञान (१ जागा), वरिष्ठ व्यवस्थापक-विपणन (१० जागा), व्यवस्थापक-क्रेडिट (११५ जागा), व्यवस्थापक-सुरक्षा (२० जागा), व्यवस्थापक-विपणन (४७ जागा), व्यवस्थापक-अर्थ (४ जागा), उपव्यवस्थापक-माहिती तंत्रज्ञान (२०२ जागा), विपणन अधिकारी (१०४ जागा), अग्निशमन अधिकारी (२ जागा), मनुष्यबळ विकास अधिकारी (२० जागा), डाटा ॲनालिसिस (५ जागा), हिंदी अधिकारी (५१ जागा) ही पदे भरण्यात येणार आहेत. ऑनलाईन अर्ज करण्याची शेवटची तारीख १५ जुलै २०११ आहे. यासंबंधी सविस्तर माहिती व अर्ज www.pnbindia.in या संकेतस्थळावर उपलब्ध आहे.

मुंबईतील माझगाव डॉक लिमिटेडमध्ये ५८६ जागा
मुंबईतील माझगाव डॉक लिमिटेडमध्ये विविध ट्रेडमधील कुशल -निमकुशल इंडस्ट्रियल ऑपरेटिव्हज (५८६ जागा) हे पद कंत्राटी तत्त्वावर भरण्यात येणार आहे. या पदासाठी थेट मुलाखती दि. ५ जुलै २०११ ते २१ जुलै २०११ या कालावधीत होणार आहेत. यासंबंधीची सविस्तर जाहिरात दै. लोकसत्तामध्ये दि. २३ जून २०११ या दिवशी प्रसिद्ध झाली आहे. अधिक माहिती www.mazagondock.gov.in या संकेतस्थळावर उपलब्ध आहे.

चेन्नई येथील हेडक्वॉर्टर कोस्ट गार्ड रिजन (ईस्ट) मध्ये २३ जागा
चेन्नई येथील हेडक्वॉर्टर कोस्ट गार्ड रिजन (ईस्ट) मध्ये स्टोअर किपर (१ जागा), असिस्टंट स्टोअर किपर (३ जागा), इंजिन चालक (२ जागा), एमटी फिटर (२ जागा), आयसीई फिटर (६ जागा), इलेक्ट्रिकल फिटर (१ जागा), शिप फिटर (२ जागा), मेकॅनिस्ट (२ जागा), इन्स्ट्रुमेंट फिटर (२ जागा), वेल्डर (२ जागा) ही पदे भरण्यात येणार भरण्यात येणार आहे. या पदांसाठी अर्ज जाहिरात प्रसिद्ध झाल्यापासून ४५ दिवसांत करावे. यासंबंधीची जाहिरात एम्प्लॉयमेंट न्यूजच्या ११-१७ जून २०११च्या अंकात आली आहे.


सशस्त्र सीमा दलाच्या पॅरा मेडिकल स्टाफमध्ये २३३ जागा
सशस्त्र सीमा दलाच्या पॅरा मेडिकल स्टाफमध्ये स्टाफ नर्स (४५ जागा), एएसआय-फार्मासिस्ट (२ जागा), एएसआय- फिजिओथेरपिस्ट (३ जागा), एएसआय-ऑपरेशन थेटर टेक्निशियन (३ जागा), एएसआय-डेंटल टेक्निशियन (३ जागा), हेडकॉन्स्टेबल-स्टुअर्ड (३ जागा), कॉन्स्टेबल-लॅब असिस्टंट (३६ जागा), कॉन्स्टेबल-नर्सिंग ऑर्डर्ली (१२० जागा), कॉन्स्टेबल- आया (९ जागा), कॉन्स्टेबल-मसाजची (६ जागा), कॉन्स्टेबल-टेबल बॉय (३ जागा) ही पदे भरण्यात येणार आहेत. अर्ज पाठविण्याची शेवटची तारीख २० जुलै २०११ आहे. यासंबंधीची जाहिरात एम्प्लॉयमेंट न्यूजच्या ११-१७ जून २०११च्या अंकात आली आहे.

यवतमाळ जिल्हाधिकारी कार्यालयात तलाठीच्या २१ जागा
यवतमाळ जिल्हाधिकारी कार्यालयात तलाठी (५५ जागा) हे पद भरण्यात येणार आहे. अर्ज करण्याची शेवटची तारीख २ जुलै २०११ आहे. सविस्तर जाहिरात दै. देशोन्नतीमध्ये दि. १८ जून २०११ रोजी प्रसिद्ध झाली आहे. संबंधीची सविस्तर माहिती http://ese.mah.nic.in/ या संकेतस्थळावर उपलब्ध आहे.

केंद्रीय जलसंपदा मंत्रालयात ८ जागा
केंद्रीय जलसंपदा मंत्रालयात ॲसेसोर (२ जागा), प्रधान खासगी सचिव (२ जागा), खासगी सचिव (१ जागा), सहायक (२ जागा), उच्चस्तर लिपिक (१ जागा) ही पदे भरण्यात येणार आहेत. या पदांसाठी अर्ज जाहिरात प्रसिद्ध झाल्यापासून ६० दिवसांत करावे. यासंबंधीची जाहिरात एम्प्लॉयमेंट न्यूजच्या ११-१७ जून २०११च्या अंकात आली आहे.

बेस्टमध्ये कनिष्ठ स्वच्छकच्या ३५७ जागा
बृहन्मुंबई विद्युत पुरवठा आणि परिवहन उपक्रमात (बेस्ट) कनिष्ठ स्वच्छक (३५७ जागा) हे पद भरण्यात येणार आहे. अर्ज करण्याची शेवटची तारीख १४ जुलै २०११ आहे. यासंबंधीची सविस्तर जाहिरात दै. लोकमतमध्ये दि. १५ जून २०११ रोजी प्रसिद्ध झाली आहे. अधिक माहिती www.bestundertaking.com या संकेतस्थळावर उपलब्ध आहे.

बेस्टमध्ये अभियंत्यासाठी ३६ जागा
बृहन्मुंबई विद्युत पुरवठा आणि परिवहन उपक्रमात (बेस्ट) उप अभियंता (१५), चार्ज अभियंता (२१ जागा) ही पदे भरण्यात येणार आहेत. अर्ज करण्याची शेवटची तारीख २४ जून २०११ आहे. यासंबंधीची अधिक माहिती www.bestundertaking.com या संकेतस्थळावर उपलब्ध आहे.

एमपीएससीमार्फत कृषी सेवेतील ४०४ जागांसाठी भरती
महाराष्ट्र लोकसेवा आयोगामार्फत महाराष्ट्र कृषी सेवा (पूर्व) परीक्षेची घोषणा करण्यात आली आहे. या अंतर्गत महाराष्ट्र कृषी सेवा गट अ (४० जागा), महाराष्ट्र कृषी सेवा गट ब (१२८ जागा), महाराष्ट्र कृषि सेवा गट ब-कनिष्ठ (२३६ जागा) ही पदे भरण्यात येणार आहेत. ऑनलाईन अर्ज करण्याची शेवटची तारीख ६ जुलै २०११ आहे. यासंबंधीची जाहिरात दै. लोकसत्तामध्ये दि. १८ जून २०११ रोजी प्रसिद्ध झाली आहे. अर्ज व अधिक माहिती www.mpsc.gov.in व www.mpsconline.gov.in या संकेतस्थळावर उपलब्ध आहे.

रत्नागिरी जिल्हा परिषदेत कनिष्ठ अभियंत्याच्या ११४ जागा
रत्नागिरी जिल्हा परिषदेत कनिष्ठ अभियंता (११४ जागा) हे पद कंत्राटी पद्धतीने भरण्यात येणार आहे. अर्ज करण्याची शेवटची तारीख ४ जुलै २०११ आहे. यासंबंधीची जाहिरात दै. लोकसत्तामध्ये दि. १८ जून २०११ रोजी प्रसिद्ध झाली आहे.

मुंबई उपनगर जिल्ह्यात तलाठी पदाच्या ७ जागा
मुंबई उपनगर जिल्ह्यातील उपविभागीय अधिकारी यांच्या आस्थापनेवरील तलाठी (७ जागा) हे पद भरण्यात येणार आहे. अर्ज करण्याची शेवटची तारीख ४ जुलै २०११ आहे. यासंबंधीची सविस्तर जाहिरात दै. सामनामध्ये दि. १८ जून २०११ रोजी प्रसिद्ध झाली आहे. अधिक माहिती www.mumbaisuburban.gov.in या संकेतस्थळावर उपलब्ध आहे.

इंडो तिबेटन बॉर्डर पोलीस फोर्समध्ये ६५३ जागा
इंडो तिबेटन बॉर्डर पोलीस फोर्समध्ये कॉन्स्टेबल/पायोनियर (२०२ जागा), कॉन्स्टेबल-ट्रेडसमन (४५१ जागा) ही पदे भरण्यात येणार आहेत. अर्ज करण्याची शेवटची तारीख १६ जुलै २०११ आहे. यासंबंधीची जाहिरात महाराष्ट्र टाइम्समध्ये दि. १० जून २०११ रोजी प्रसिद्ध झाली आहे. अधिक माहिती www.itbp.gov.in या संकेतस्थळावर उपलब्ध आहे.

महाराष्ट्र विद्युत नियामक आयोगात २१ जागा
महाराष्ट्र विद्युत नियामक आयोगात कार्यकारी संचालक (१ जागा), संचालक-प्रशासन व वित्त (१ जागा), संचालक- विद्युत अभियांत्रिकी (१ जागा), संचालक-वीज दर (१ जागा), संचालक-विधी (१ जागा), उपसंचालक-प्रशासन व वित्त (४ जागा), उपसंचालक-तांत्रिक (८ जागा), उपसंचालक-विधी (४ जागा) ही पदे भरण्यात येणार आहेत. अर्ज १ ऑगस्ट २०११ पूर्वी पाठवावेत. अधिक माहिती www.mercindia.org.in या संकेतस्थळावर उपलब्ध आहे. यासंबंधीची जाहिरात दै. सकाळ, लोकमत व लोकसत्तामध्ये दि. १५ जून २०११ रोजी प्रसिद्ध झाली आहे.

भारतीय तटरक्षक दलात नाविक पदाच्या ५२ जागा
भारतीय तटरक्षक दलात नाविक-जनरल ड्युटी (५२ जागा) हे पद भरण्यात येणार आहे. अर्ज करण्याची शेवटची तारीख ८ जुलै २०११ आहे. यासंबंधीची अधिक माहिती www.indiancoastguard.nic.in. या संकेतस्थळावर उपलब्ध आहे.

भारतीय तटरक्षक दलात सहायक कमांडंट पदासाठी भरती
भारतीय तटरक्षक दलात सहायक कमांडंट हे पद भरण्यात येणार आहे. या पदासाठीची थेट नोंदणी व प्राथमिक निवड देशातील मुंबई, चेन्नई, कोलकत्ता, नोएडा या केंद्रांवर होणार आहे. ही नोंदणी व प्राथमिक निवड ही दि. २४ जून ते ६ जुलै २०११ या कालावधीत वरील केंद्रावर होणार आहे. अर्ज व अधिक माहिती www.indiancoastguard.nic.in. या संकेतस्थळावर उपलब्ध आहे.

बेस्टमध्ये वाहनचालकांच्या १५१८ जागा
बृहन्मुंबई विद्युत पुरवठा आणि परिवहन उपक्रमात (बेस्ट) इतर मागासवर्गीयांसाठी विशेष भरती मोहिमेअंतर्गत कनिष्ठ बस चालक (१५१८ जागा) हे पद भरण्यात येणार आहे. अर्ज करण्याची शेवटची तारीख ५ जुलै २०११ आहे. यासंबंधीची जाहिरात दै. सकाळ, लोकमतमध्ये दि. १५ जून २०११ रोजी प्रसिद्ध झाली आहे.

बृहन्मुंबई महानगरपालिकेत सहायक कायदा अधिकारीच्या ४२ जागा
बृहन्मुंबई महानगरपालिकेत सहायक कायदा अधिकारी (४२ जागा) हे पद भरण्यात येणार आहे. या पदासाठी थेट मुलाखती दि. २८ जून २०११ ते १ जुलै २०११ या कालावधीत होणार आहेत. यासंबंधीची जाहिरात दै. सकाळ, लोकमतमध्ये दि. १५ जून २०११ रोजी प्रसिद्ध झाली आहे.

भारतीय स्टेट बँकेत प्रोबेशनरी ऑफिसरच्या ४९८७ जागा
भारतीय स्टेट बँकेत स्पेशालिस्ट ऑफिसर केडरमध्ये व्यवस्थापक-विधी (१६ जागा), व्यवस्थापक-इकॉनॉमिस्ट (२ जागा), उपव्यवस्थापक-इकॉनॉमिस्ट (२ जागा), उपव्यवस्थापक-सुरक्षा (३० जागा), सहायक व्यवस्थापक-सिस्टिम (१०० जागा), सहायक व्यवस्थापक-विधी (१५ जागा जागा), स्थायी अर्धवेळ वैद्यकीय अधिकारी (४१ जागा) ही पदे भरण्यात येणार आहे. या पदासाठी ऑनलाईन अर्ज करण्याची शेवटची तारीख ३० जून २०११ आहे. अधिक माहिती http://www.sbi.co.in या संकेतस्थळावर उपलब्ध आहे.

मुंबईतील गर्व्हनमेंट मिंटमध्ये ५० जागा
मुंबईतील गर्व्हनमेंट मिंटमध्ये फिटर (२९ जागा), इलेक्ट्रिशियन (१० जागा), टर्नर/मेकॅनिस्ट (६ जागा), पेंटर (१ जागा), सुतार (२ जागा), प्लंबर (१ जागा), वेल्डर (१ जागा) ही पदे भरण्यात येणार आहेत. अर्ज जाहिरात प्रसिद्ध झाल्यापासून २१ दिवसाच्या आत करावे. यासंबंधीची जाहिरात एम्प्लॉयमेंट न्यूजमध्ये ४-१० जून २०११च्या अंकात प्रसिद्ध झाली आहे.

राहुरी येथील महात्मा फुले कृषी विद्यापीठात ३२ जागा
राहुरी येथील महात्मा फुले कृषी विद्यापीठात वरिष्ठ संशोधन सहायक (२२ जागा), कार्यालय अधिक्षक (७ जागा), लघुलेखक उच्चश्रेणी-इंग्रजी (१ जागा), लघुलेखक उच्चश्रेणी-मराठी (२ जागा) ही पदे भरण्यात येणार आहेत. अर्ज सादर करण्याची शेवटची तारीख ३० जून २०११ आहे. यासंबंधीची अधिक माहिती http://www.intranet.maharashtra.gov.in/ या संकेतस्थळावर उपलब्ध आहे.

हिंदुस्थान एरोनॉटिक्स लिमिटेडमध्ये ७१ जागा
हिंदुस्थान एरोनॉटिक्स लिमिटेडमध्ये प्रशिक्षणार्थी पदविकाधारक-मेकॅनिक (६० जागा), पदविकाधारक-इलेक्ट्रिकल (५ जागा), प्रशिक्षणार्थी फार्मासिस्ट (२ जागा), प्रशिक्षणार्थी नर्स (४ जागा) ही पदे भरण्यात येणार आहेत. अर्ज करण्याची शेवटची तारीख २५ जून २०११ आहे. यासंबंधीची अधिक माहिती http://ese.mah.nic.in या संकेतस्थळावर उपलब्ध आहे.

वरणगाव ऑर्डनन्स फॅक्टरीत बॉयलर अटेंडंटच्या २ जागा
महाराष्ट्रातील वरणगाव येथील ऑर्डनन्स फॅक्टरीत बॉयलर अटेंडंट (२ जागा) हे पद भरण्यात येणार आहे. अर्ज जाहिरात प्रसिद्ध झाल्यापासून २१ दिवसाच्या आत करावेत. यासंबंधीची जाहिरात एम्प्लॉयमेंट न्यूजमध्ये २८ मे - ३ जून २०११च्या अंकात प्रसिद्ध झाली आहे.

भारतीय स्टेट बँकेत प्रोबेशनरी ऑफिसरच्या ४९८७ जागा
भारतीय स्टेट बँकेत तसेच त्याच्या सहयोगी बँकांमध्ये प्रोबेशनरी ऑफिसर (४९८७ जागा) हे पद भरण्यात येणार आहे. या पदासाठी ऑनलाईन अर्ज करण्याची शेवटची तारीख २५ जून २०११ आहे. अधिक माहिती http://www.sbi.co.in या संकेतस्थळावर उपलब्ध आहे.

भारत प्रतिभूती मुद्रण तथा मुद्रा निर्माण महामंडळात ४५ जागा
भारत सरकारच्या भारत प्रतिभूती मुद्रण तथा मुद्रा निर्माण महामंडळात उपमहाव्यवस्थापक-मार्केटिंग (१ जागा), व्यवस्थापक-तांत्रिक (३ जागा), उपव्यवस्थापक -पेपर (१ जागा), उपव्यवस्थापक -तांत्रिक (२ जागा), उप व्यवस्थापक-इंक फॅक्टरी (१ जागा), उपव्यवस्थापक-क्वॉलिटी एशुरन्स (२ जागा), उपव्यवस्थापक-एचआर (५ जागा), उपव्यवस्थापक-वित्त व लेखा (५ जागा), उपव्यवस्थापक-आयटी (२ जागा), उपव्यवस्थापक-मटेरियल (४ जागा), मटेरियल ऑफिसर (६ जागा), आयटी अधिकारी (८ जागा), एक्झिक्युटिव्ह असिस्टंट (१ जागा), कनिष्ठ सेक्रेटरी (४ जागा) ही पदे भरण्यात येणार आहेत. अर्ज जाहिरात प्रसिद्ध झाल्यापासून २१ दिवसाच्या आत करावेत. सविस्तर माहिती www.spmcil.com या संकेतस्थळावर उपलब्ध आहे. यासंबंधीची जाहिरात एम्प्लॉयमेंट न्यूजमध्ये २८ मे - ३ जून २०११च्या अंकात प्रसिद्ध झाली आहे.

स्टाफ सिलेक्शन कमिशनमार्फत १८८२ जागांसाठी भरती
भारत सरकारच्या कर्मचारी निवड समितीतर्फे (स्टाफ सिलेक्शन कमिशन) केंद्रीय पोलीस दलातील उपनिरीक्षक (११०४ जागा), सहायक उपनिरीक्षक (६७८ जागा), इंटलिजंट ऑफिसर (१०० जागा) ही पदे भरण्यात येणार आहेत. अर्ज करण्याची शेवटची तारीख २४ जून २०११ आहे. सविस्तर माहिती http://ssc.nic.in या संकेतस्थळावर उपलब्ध आहे. यासंबंधीची जाहिरात एम्प्लॉयमेंट न्यूजमध्ये २८ मे - ३ जून २०११च्या अंकात प्रसिद्ध झाली आहे.

नाशिक येथील इंडिया सिक्युरिटी प्रेसमध्ये २३ जागा
नाशिक येथील इंडिया सिक्युरिटी प्रेसमध्ये सहायक कार्य अभियंता (९ जागा), सहायक पर्यवेक्षक (१४ जागा) ही पदे भरण्यात येणार आहेत. अर्ज जाहिरात प्रसिद्ध झाल्यापासून २१ दिवसाच्या आत करावेत. यासंबंधीची जाहिरात एम्प्लॉयमेंट न्यूजमध्ये २८ मे - ३ जून २०११च्या अंकात प्रसिद्ध झाली आहे.

भारतीय रिझर्व्ह बँकेत संशोधन अधिकारीच्या १३ जागा
भारतीय रिझर्व्ह बँकेत संशोधन अधिकारी (१३ जागा) हे पद भरण्यात येणार आहे. ऑनलाईन अर्ज करण्याची शेवटची तारीख २७ जून २०११ आहे. यासंबंधीची जाहिरात एम्प्लॉयमेंट न्यूजमध्ये २८ मे - ३ जून २०११च्या अंकात प्रसिद्ध झाली आहे. या संबंधीची सविस्तर माहिती http://.onlinedr.rbi.org.in या संकेतस्थळावर उपलब्ध आहे.

सीमा सुरक्षा दलाच्या पॅरा मेडिकल स्टाफमध्ये ११२ जागा
सीमा सुरक्षा दलात पॅरा मेडिकल स्टाफमध्ये उपनिरीक्षक-स्टाफ नर्स (१८ जागा), सहायक पोलीस उपनिरीक्षक-फार्मासिस्ट (३६ जागा), सहायक पोलीस उपनिरीक्षक-ओटी टेक्निशियन (९ जागा), सहायक पोलीस उपनिरीक्षक-फिजिओथेरपिस्ट (१ जागा), हेडकॉन्स्टेबल-स्टुअर्ड (३ जागा), हेडकॉन्स्टेबल-ज्यु. एक्स रे टेक्निशियन (१ जागा), हेडकॉन्स्टेबल-एएनएम नर्स (४ जागा), हेडकॉन्स्टेबल-पॅरामेडिक (१६ जागा), कॉन्स्टेबल-मसालची (१२ जागा), शिपाई (१ जागा), टेबल बॉय (९ जागा) ही पदे भरण्यात येणार आहेत. अर्ज ४० दिवसांच्या आत करावेत. यासंबंधीची जाहिरात एम्प्लॉयमेंट न्यूजमध्ये १४मे - २० मे २०११च्या अंकात प्रसिद्ध झाली आहे. अधिक माहिती www.bsf.nic.in या संकेतस्थळावर उपलब्ध आहे.

मुंबईतील आरोहण मुख्यालयात ४७ जागा
मुंबईतील आरोहण मुख्यालयात स्टेनो (२ जागा), कनिष्ठस्तर लिपिक (२२ जागा), टेली क्लार्क (२० जागा), कुक (१ जागा), स्टोअर किपर (१ जागा), पेंटर (१ जागा) ही पदे भरण्यात येणार आहेत. अर्ज करण्याची शेवटची तारीख ३० जून २०११ पर्यंत आहे. यासंबंधीची सविस्तर जाहिरात दै. नवभारतमध्ये दि. २१ मार्च २०११ रोजी प्रसिद्ध झाली आहे.

Casual collection Gold Diamond Rings Images

Diamond Ring IRL787

 

Diamond Ring GRL459

Diamond Ring GRL361

Diamond Ring PRL054

Diamond Ring IRL788

Diamond Ring IRL812

Diamond Ring LRL217

Diamond Ring GRL406

 

 

 

 

 

 

Know what you're getting into as a loan guarantor

What if you are approached by a close friend to become their loan guarantor? Would you say yes without a question or would you analyse the situation objectively before making your decision. In money matters objectivity is critical, so we would advise you to opt for the latter. Read on to know more about being a loan guarantor and why you should think twice!
Is being a loan guarantor such a big deal?
When you are a loan guarantor for an individual's loan, it means that you agree to be responsible for the repayment of another individual's debt in case of a default. It implies you are equally responsible for paying off the loan!

So, should I never be a loan guarantor?
When you provide guarantee for another individual's debt, it definitely comes with its risks!
A key deciding factor will be to gauge the borrower's financial capability to pay off the loan. You also need to evaluate objectively whether the borrower can honour such a commitment and not leave you to face the lone battle of paying up their dues in case of a default.
If you are confident on both these counts, then you can opt to become a guarantor, but not before you completely read and agree to the terms and conditions put forth by the bank in their agreement.
Am I being approached because the applicant has a bad credit history?
While the lack of a good credit record (past repayment track record of previous loans, credit card payments etc.) could be a possible reason for a bank to ask for a loan guarantor, this may not always be the case. It could be based on other reasons such as:
l The borrower has a transferable job,
l He has a job that involves frequent overseas travel
l Or the loan is applied at a place other than the applicant's permanent address etc.
If I choose to become a loan guarantor and the borrower is unable to repay, then what happens?
When you sign on the dotted line and agree to become a guarantor, you are legally bound to pay off the debts if the borrower defaults. If the borrower does default, then:
l The bank will approach you for clearing the debts
l Personal assets such as bank accounts, cash as well as property could be claimed (except for provident fund and agricultural land which cannot be attached under any court decree) and you could turn bankrupt
l Your credit standing will get affected and the chances of you getting a loan in the future would be slim.
Why should my chances of getting a loan in future be affected, when I did not take the loan?
It does not matter! Most banks and financial institutions look at the loan that you are a guarantor for, as a loan that you hold. They will therefore deduct that much amount from your loan eligibility.
If I agree to become a guarantor, what are the aspects I should look out for?
l The bank or lending institution is asking for a guarantor as a means to protect itself from a possible default and have the means to recover the money it is lending. Be aware that the bank can file a case against you and lay a claim to your assets for loan recovery.
l It all boils down to what the contract binding you to be the loan guarantor dictates. Hence, check whether the contract indicates the amount you are guaranteeing, make sure it does not exceed a specified limit that is agreed upon between you and the bank, else there might arise a situation where you will have to repay the entire loan in instances where the credit limit is increased on the initial loan borrowed.
l The terms and conditions should be clear and precise. Also, you need to make sure there are enough safety clauses in place that ensures you are protected to some extent against certain eventualities. For instance, the notice period that is available before the bank approaches you in case of a default should be clearly specified. Also, make sure you are not held liable if the original loan agreement is changed at a future point in time without you being aware of it.

Even NRIs should file returns to avoid ambiguity

I am an NRI, who had the following income in India in AY 11-12 (FY 10-11):
1. Interest income in NRO and NRE bank accounts- TDS deducted.
2. Dividend income into NRO account: No tax liability.
3. Inherited family house sold in August 2010, where my share was around `9 lakh. The house was inherited in 2005 and the total sale consideration was `27 lakh. The proceeds have been reinvested in another residential house. Am I obligated to file a return of income in India? — R Singh
The law is that if your income in India (before claiming any deductions) is more than `160,000 (for FY 10-11), then you need to file your tax return. Here, by income we mean taxable income (excludes tax-free incomes like NRE interest, long-term capital gains on equity etc.) Your income, especially on account of the capital gains, could be over the above figure. Though you have invested in another property thereby perhaps making the tax liability nil, nonetheless, the gross income (before deduction) if above `160,000, tax return filing becomes mandatory. Some experts would argue that Sec. 54 (exemption on account of buying new property) is an exemption and not a deduction. Therefore, gross income is below the limit. The ITO may or may not agree with this. Therefore, we would suggest filing a return (with nil tax) in any case so as to avoid any ambiguity.

Now, character certificates must for mumbai maids

Now, character certificates must for maids

Your hunt for a maid to do your household chores just got more difficult. According to a new police initiative, maids or domestic helps will now be required to get 'character certificates' before they are hired. The special branch and local police stations will verify the antecedents of the domestic helps, especially to check whether they have previous criminal records. Officials added that those employers who do not follow the orders and hire domestic helps without police verification and character certificates will be booked as per the law. "This will help bring down the crime rate," said deputy commissioner of police Pratap Dighavkar. The officials said that the initiative would be useful especially in cases in which the maids come from outside the city. It is usually difficult to trace such offenders if they run away after committing the crime. "Several sectors — including aviation, hospitality, and shipping — demand character certificates from their employees before joining. In some cases, the same has to be done every year," said another police official. The police have decided to take this initiative after a spate of thefts, housebreaking incidents and robberies took place in the last few months across the city. The investigation in most such cases revealed that the household helpers were behind the crime. However, the investigation also came to a standstill in many cases because of the non-availability of information about the accused domestic helps. In some cases, even if the information was available and submitted to the police station concerned, it turned out to be untrue. Police sources said that in the name of police verification of servants, officials have merely been storing CVs and photographs of the domestic helps. The police verification has so far not required them to get character certificates from the police stations under whose jurisdictions the domestic helps resided.

Sion, Mumbai area has excellent 24x7 connectivity

‘Sion has excellent 24x7 connectivity’

The area as a residential destination and highlights the facilities that it offers

Sion as a residential destination If I have to rate Sion as a residential destination, out of 10 it would rate 7 points, considering all the aspects like living standards and commuting facilities available like auto-rickshaws, taxis, trains, buses, etc. Also, it is a centralised location that connects to all areas of Mumbai. There is hardly any power cut - in my 31 years of life I have hardly seen any power cut imposed. There is no water logging in rains either. The connectivity that Sion offers I have multiple options comprising Sion station for central line, Kings Circle station for harbor line and connecting to the western line as well along with GTB Nagar Station for harbor line. Auto rickshaws are available for the western and central suburbs. Taxis and Cool Cabs are readily available for going to all areas of Mumbai city. Both taxis and auto rickshaws are available 24x7. Many buses have their start point from here, which connects to all the areas of Mumbai, out of which few of the buses work 24 x 7. The entertainment options available We have the Cinemax multiplex at Sion Circle, a number of restaurants like Hanuman, Ramdev, Shabri, Peninsula, Nutan, eateries like Gurukripa, Subway, Dominoes, etc. Educational institutions There is the Little Angels High School, S.I.E.S College (Arts, Science & Commerce), at a distance of just 15 minutes from Sion there are Shishuvan School, Podar Collage, Ruia College. Shopping options Not many of the apparel brands have set up dedicated outlets here but we have the Loot Store where many brands are available, like Allen Solly, Van Heusen, there is the Cambridge Store… for other brands we either go to Dadar or Bandra as all these places can be reached within 15 to 20 minutes from Sion. There are big organized retail outlets like Reliance Fresh and Sahakari Bhandar at Kings Circle Medical facilities There are 8 to 10 medical shops, which are open 24 hours day and night. We have Sion Hospital, Kikabhai Hospital, Lion Tarachand Hospital, several Maternity and Nursing Homes also. Residential options There are plenty of options to choose from; new skyscrapers are coming up on a regular basis. Sion is also due for more redevelopment soon. Office spaces There is plenty of office space is available, a new glass façade structure has come up at Sion Circle and it is developing like a commercial office for small business as well as a residential hub. Basic advantages It is a much centralised location, from where it is easy to reach any part of Mumbai or outstation as we get all the transport we need on a 24 x 7 basis. Sion is a good place to reside and raise a family because of its peaceful environment, overall quality of life and above all, it's relaxing, easy paced and peaceful ambience.

Cartoons of Pujya Yog-guru Ramdev Babaji Maharaj

Cartoons of Pujya Yog-guru Ramdev Babaji Maharaj

Financial planning is not a one-time exercise

Last week, we had drawn up a financial plan for the Mehta family through this column. This exercise still continues to generate tremendous response from readers. Many have requested that a similar practical application of investment theory be reconstructed and this piece is in deference to these requests. Therefore, this week, we shall analyse and review the finances and goals of the Shah family to see how financial planning can help them meet their objectives. Paras Shah (name changed) is 42 years old and works as a senior manager in a pharmaceutical company. His wife is a home maker. They are the proud parents of a lovely 13-year-old daughter, who they have aptly named Suhana. Shah's mother lives with them. He earns `75,000 per month and after catering for the household and other expenses as also the EMI for their house, the family manages to save around `30,000 per month. Shah has `3 lakh in his Public Provident Fund (PPF) account, which is maturing in 2014 and the couple has, over the years, purchased shares that are currently approximately worth `2 lakh. They also have around `1 lakh invested in mutual funds as a lump sum and out of their savings, they are about to start a systematic investment plan (SIP) of `10,000. As far as insurance is concerned, Shah pays a premium of `55,000 p.a. for a cover of `5 lakh. Lastly, his provident fund (PF) balance is `5.10 lakh, with the monthly PF deduction (equally matched by the employer) being around `6,000 per month. Given this background, their key goals are to provide for the education and marriage of their daughter. They estimate that they would like to keep aside over `14 lakh for Suhana's higher education. They are also concerned about the requirement of gold for her wedding. Of course, last, but not the least, on the agenda is providing for retirement. Before starting, we establish that the Shahs save around `30,000 per month, out of which `10,000 is already being applied for the SIP. We have to see how best they can put to use their existing investments as also the balance savings of `20,000 per month 1. Suhana's Education Suhana is currently 13 years old. Her higher education needs would arise around the age of 21 years i.e. eight years from now (around the year 2019). In this regard, it is suggested that the Shahs start a recurring deposit (RD) of `6,000 per month. Part of the `20,000 monthly savings can be utilised for this purpose. This deposit should be opened in Shah's mother's name. Being a senior citizen, Shah (Sr.) would earn a higher interest of 10% p a, which would be anyway completely tax-free taking into consideration the fact that she has no other income. `6,000 invested per month @10% p a over eight years would grow to `8.75 lakh. Additionally, Shah has `3 lakh currently in his PPF account. It is suggested that he contributes the minimum `500 required to keep the account alive. The account matures in 2014. After that, it should be extended by five years such that it would mature in 2019. The maturity value of the PPF account would work out to `5.15 lakh. This way, by 2019 they would have a combined amount of around `14 lakh ( `8.75 lakh + `5.15 lakh) for meeting Suhana's higher education needs. 2. Gold for Suhana's marriage Here it is assumed that Suhana would be married at the age of 26 years. This means there are 13 years before her marriage. It is suggested that Shah buys two units (equivalent to two grams) of gold per month. This can be achieved by investing in a gold ETF (exchange-traded fund). Space constraints preclude a detailed discussion on ETFs, but suffice it to say that it is one of the most efficient methods of buying gold, whereby not only is the investor assured of the quality of the metal, but also does not have to worry about storage and the risk of theft. Two units per month over 156 months (13 years) works out to 312 grams or approximately 31 tolas. The funds required for this (approximately `4,400 per month) can come out of the balance monthly savings of `14,000 per month (after accounting for the RD investment) 3. Retirement It is Shah's desire to work till the age of 58. This means that he has 16 years left for retirement. His current PF balance is `5.10 lakh with a monthly contribution of `6,000. At the time of retirement, sixteen years from now, the total PF balance that Shah would be entitled to will work out to around `68.50 lakh. Additionally, the current investment in mutual funds is `1 lakh as lump sum and `10,000 as an SIP. It is suggested that the Shahs increase the SIP amount to `15,000 and shift from equity to balanced funds. At a rate of 12% p a, this amount would grow over the next 16 years to around `93 lakh. This way, the combined retirement proceeds would work out to an astounding `1.61 crore!! 4. Pension After retirement, typically one needs a monthly pension to take care of day-to-day needs. The above retirement fund may be invested either at the rate of risk free 9% p a or in mutual funds @12% p a. At the risk-free rate of 9% p.a. (say in a bank fixed deposit) the Shahs would receive a cheque of `1.28 lakh per month pre tax. At 12% p a, the monthly proceeds would work out to `1.65 lakh per month pre tax. Ideally, the money should be invested in a mix of risk-free deposits and mutual funds. 5. Insurance It is found that Shah has purchased some expensive insurance policies. Also the insurance cover that these policies offer is woefully adequate for someone of Shah's profile. It would be best if he surrenders these policies and instead buys himself adequate term as well as medical cover. For medical insurance, a premium of `15,000 per annum would adequately cover the entire family. For the life insurance, a premium of `45,000 would buy Shah a term cover of as much as `70 lakh. Note that a simple switch to a term plan buys almost 14 times more insurance cover for lesser amount of premium. For the above medical and life insurance, Shah would need to set aside a sum of `5,000 per month, which is what is approximately left over out of the monthly savings after accounting for the recurring deposit ( `6,000), gold ETF ( `4,400) and the SIP ( `15,000). 6. Contingency Fund The Shahs currently maintain around `50,000 as cash in the bank. Additionally, they would receive around `60,000 as surrender proceeds of the insurance policies. This would cover around two months of regular monthly expense. Additionally, the current value of their investment in shares is around `2 lakh. This should also be maintained (of course after streamlining the same) as an emergency fund, but one that can keep growing till needed. Assuming that they don't need the same till retirement, at a very conservative rate of 10%, this fund would grow to around `9.18 lakh. This money can then be added to the retirement corpus to be suitably invested. One last step It is important to undertake periodically reviews. Planning for the future is not a one-time exercise; it's rather a constant, continuous process of knowing where you stand and what you have to do if you have strayed from the demarcated trail. If necessary, take the help of a professional financial planner. However, it is never a good idea to depend entirely upon someone else. Start drawing your own map, and go to the professional only for the fine tuning.

Of Soros, bubbles & six reasons to still buy Gold

Of Soros, bubbles & six reasons to still buy gold

A couple of days ago on the pages of this newspaper doubts were raised on why gold prices have been going up. It was pointed out that George Soros once said that, "Gold is the ultimate bubble." But Soros also said that "Nothing is quite as profitable as investing in an early stage bubble." So let me set aside any doubts about investing in gold to rest and point out several reasons why gold price is likely to continue to go up in the days to come. And if at all it's a bubble, it is still an early stage bubble. Most people who advocate investing in gold follow the Austrian school of economics, which believes that ultimately all paper currency goes back to its inherent value i.e. the cost of the paper which it is printed on, basically zero. This is primarily because with the freedom to print currency, more and more currency is printed and that ensures that the currency ultimately does not hold any value. This printing of currency has been a worldwide phenomenon over the last few years. The US dollar is being printed big time to revive the moribund US economy. Given this threat to the stability of the US dollar people have been buying gold and hence the rise in price of gold, is the commonly given reason to explain the rise in price of the yellow metal. But there are more reasons why the gold price will continue to go up. (This write up borrows heavily from In Gold We Trust, a report released by Standard Chartered on June 14, 2011 authored by Yan Chen, Jeremy Gray, Wei Ouyang, Subu Varada and Yongxin Zhang) Slow production growth of gold over last 20 years: Even with the price of gold going up over the last ten years, there has hardly been any significant growth in gold production. In fact, gold production over the last 20 years i.e. between 1990 and 2010, has been going up at the rate of only 0.7% per year. In comparison, the gold production between 1900 and 1990 grew at the rate of 1.9% per year. The major reason for this slow growth rate has been the decline of South Africa as a producer of gold. As the Standard Chartered report points out "A very important driver of the slow production growth was the dramatic decline of South Africa, which produced about 1,000 tonnes in 1970, but below 200 tonnes last year...The US, the second largest gold producing country in the 1990s, saw its production declining for the 11th consecutive year in 2010, falling to 230 tonnes from its peak production of 461 tonnes in 1999." China is now the largest producer of gold. But the gold mined in China largely comes as a by product of mining done for other base metals and this production can be volatile. Also gold deposits at the end of 2010 were estimated to be at 51,000 tonnes or around 19.2 years of production at the current rate. As the report points out "There are few large deposits, and most of the mines have difficult geological and metallurgical conditions." Gold production to remain slow in the years to come: The report analyses 345 gold mines, which produce 1,764 tonnes of gold every year accounting for nearly 67% of world gold production. It concludes that over the next five years, the gold production will grow at the rate of 3.6% per year over the next five years in the base case scenario assumed. The bullish growth rate of gold production comes to 5.6%, whereas the bear case comes at 1.2%. These growth rates again are pretty bullish given that the growth in gold production has only been at 0.7% per year over the last two decades. The primary reason for the slow growth rate over the next years is that very few large gold mines are expected to commence operation over the next five years. Only 7 gold mines (green or brownfield) and 1 copper/gold mine are capable of adding a total of more than 500koz of gold production each over the entire 2011-2015 period. What also does not help is the fact that most gold mines take some time to be set up. "According to a study conducted by MinEx, the average lead time for the 214 greenfield projects in 1970-2003 was about 5.4 years in Australia, Canada, and the US, and 8.3 years for other countries." Also the cost of building a new mine has shot up dramatically. "There are many projects under pre-feasibility studies, among which Xstrata's Tampakan coppergold mine in Philippines is a large example. This is to be a large-scale, low-cash-cost, open pit mining operation with an average annual production of 375,000 tonnes of copper and 360,000 ounces of gold over an initial 17-year mine life. However, this mine, which could cost more than $5 billion to build, will not start production until 2016," the report points out. Central banks buying again: Between 1996 and 2009, central banks all over the world were net sellers of gold. This trend has changed recently. In 2010, central banks were net buyers to the extent of 76 tonnes of gold. In the first quarter of 2011, central banks bought gold to the extent of 129 tonnes. As the report points out "From peak net sale of 674 tonnes of gold in 2005 to an annualised net purchase of 516 tonnes (129 tonnes x 4) for 2011, the shrinkage of gold available to satisfy demand amounts to 1,190 tonnes, which is 44% of last year's gold production from mines." Central banks were major suppliers of gold and this change in trend augurs well for the price of gold. Further, most Asian countries have very low amount of gold as a percentage of their reserves. For China, gold was only 1.6% of its total reserves. For India and Japan this figure stood at 8.2% and 3.2% respectively. In comparison, the world average stands at 11.1%. Imagine what would happen if all these Asian countries got their gold holding as a percentage of their reserves in line with the global average. As the report points out "Currently 1.8% of China's forex reserves are in gold; if China were to bring this percentage in line with the global average of 11%, it would have to buy another 6,000 tonnes of gold, or more than 2 years global mine production." Supply deficit: Due to the slow growth in mine production and central banks turning buyers once again, the supply of gold over the next five years will be lower than the demand. Even with the assumption that the demand for gold stays flat over the next five years, there will be deficit of 665 metric tonnes of gold, expects the report. Increasing incomes in India and China: The price of gold has shown an almost one to one correlation with the increasing disposable incomes in India and China. In 2010, India and China's gold consumption was 962 and 580 tonnes respectively. As the report points out ". These two countries together accounted for nearly 60% of global gold production from mines." Dollar is not the only currency in trouble: It is worth highlighting that dollar is not the only currency that has lost value against gold over the last ten years. As the accompanying table points out, gold has gained value against almost all major currencies. This states very clearly there is a issue of credibility about paper currencies, and it just does not stop at the US dollar. And these factors could lead to the price of gold shooting up to $5000 per ounce (one troy ounce equals 31.1 grams), the report concludes. So there are enough reasons to still buy gold.

Animated Ramayana The Epic

Ramayana The Epic

Spectacular platinum necklace in flowers studded with round diamonds

Spectacular platinum necklace in flowers 

studded with round diamonds

Description
A contemporary and simple design form accentuated with micro prong set diamonds lending itself to create a spectacular platinum Tanmaniya (platinum wt:5.05gms; diamond 0.34cts)
Price range

Rs 30000 - 60000

Description
Platinum necklace in flowers studded with round diamonds
Price range

Rs 1 Lac - 2 Lac

Description
Platinum necklace with a delicate leaf motif studded with diamonds
Price range

Rs 2 Lac - 3 Lac

Description
Ripples in still water reflecting grace in this unique platinum tanmaniya design made for that stylish woman (platinum wt:11.19gms; diamond wt;0.35cts)
Price range

Rs 30000 - 60000

Description
A mix of fine lines and curves like petals that harmoniously enhance the sparkle of prong set diamonds, inspired by the elegant jewellery sets of the royal families
Price range

Rs 1 Lac - 2 Lac

Description
Delicate platinum necklace with studded marquee diamonds
Price range

Rs 60000 - 1 Lac

Description
Elegant satin finish dainty tanmaniya in platinum highlighted with laser cut flowers and accentuated with flush and micro pave set diamonds apt for everyday wear
Price range

Rs 60000 - 1 Lac

Platinum men's chain

Platinum men's chain

Description
Platinum men's chain weighing 84.9 gms
Price range

Rs 2 Lac - 3 Lac

Description
Platinum hi-polish men's chain weighing 77.7gms
Price range

Rs 2 Lac - 3 Lac

Description
Platinum link chain weighing 81gms
Price range

Rs 2 Lac - 3 Lac

Description
Platinum lightweight men's chain weighing 28.3gms
Price range

Rs 1 Lac - 2 Lac

Platinum with these dangling flower shaped earrings with pave set diamond

Platinum with these dangling flower shaped 

earrings with pave set diamond

Description
Flower motif captured to perfection in platinum with these dangling flower shaped earrings with pave set diamond drop glittering in the centre. Pure delight! (platinum wt:15.9gms; diamond wt;0.33cts)
Price range

Rs 30000 - 60000

Description
Platinum earrings with a delicate leaf motif studded with diamonds
Price range

Rs 30000 - 60000

Description
Precious platinum lines encircled in diamonds, holding a bezel set diamond in the centre in an exquisite festive design (platinum wt:11.7gms; diamond wt;1.04cts)
Price range

Rs 60000 - 1 Lac

Description
Platinum long fan earring with 96 pave set diamonds
Price range

Rs 1 Lac - 2 Lac

Description
Picturesque of the dazzling brilliance of chandeliers in platinum, studded with 54 diamonds, creating a classic pair of earrings (platinum wt:7.17gms; diamond wt;0.54cts)
Price range

Rs 30000 - 60000

Description
Platinum flower earrings in a hi-polish finish holding pave set diamonds
Price range

Rs 30000 - 60000

Description
Platinum hoop earrings with channel set diamonds
Price range

Rs 30000 - 60000

Description
Platinum earrings in a hi-polish finish, holding strings of prong set diamond
Price range

Rs 1 Lac - 2 Lac

Description
Platinum's elegance teamed with the inherent beauty of dew drops in satin finish, enhanced with flush set diamonds and laser cut petals (platinum wt:9.3gms; diamond wt;0.36cts)
Price range

Rs 60000 - 1 Lac

Description
Contemprory earrings in platinum capturing ovals and cirlces in combination finishes accentuated with a string of prong set diamonds.(Pt weight : 7.5gms and diamond weight:0.29cts)
Price range

Rs 30000 - 60000

Description
Platinum hoops accentuated with mill grain texture, holding seamless platinum circles with channel set diamonds to be worn for a pleasurable experience (platinum wt:10.2gms; diamond wt;0.45cts)
Price range

Rs 60000 - 1 Lac

Description
Platinum circle earrings studded with channel set diamonds
Price range

Rs 60000 - 1 Lac

Description
Fine earring design, set in platinum, delicately stringing each petal, enhanced with tiny diamonds (platinum wt:8.8gms; diamond wt;0.31cts)
Price range

Rs 30000 - 60000

Description
Platinum petal danglers with pave set diamonds
Price range

Rs 30000 - 60000

Description
Platinum diamond Oval Earrings holding diamonds(1.38cts)
Price range

Rs 60000 - 1 Lac

Description
Elegant platinum earrings inspired from the delicate form of a climber capturing dew drops, highlighted with diamonds.(Platinum wt: 6.9gms and diamond wt:0.18cts)
Price range

Rs 30000 - 60000

Description
Delicate curves of petals captured in this equisite platinum earring embellished with a string of sparkling diamonds.(Pt weight :9gms and Diamond weight: 0.46)
Price range

Rs 60000 - 1 Lac

Description
Classic ovals in satin matt platinum finish, enhanced with a cluster of pave set diamonds, ideal for any special occasion (platinum wt:10gms; diamond wt;0.35cts)
Price range

Rs 30000 - 60000

Description
A perfect set of platinum earring inspired from fluidity of water and droplets captured in high polish and satin finish with sparkling diamonds (platinum wt:15.9gms; diamond wt;0.58cts)
Price range

Rs 1 Lac - 2 Lac

Description
Platinum round flower earrings with pave set diamonds
Price range

Rs 60000 - 1 Lac

Description
Platinum long earrings studded with pave and prong set diamonds
Price range

Rs 1 Lac - 2 Lac

Description
Elegant platinum earring pair inspired from leaf form with delicate chains holding bezel set diamonds for that special occasion (platinum wt:6.3gms; diamond wt;0.39cts)
Price range

Rs 30000 - 60000

Description
Inspired from the fluidity of water, captured in platinum holding delicate drops of diamonds in prong setting(platinum wt:6.6gms and diamond wt:0.32cts)
Price range

Rs 30000 - 60000