Daily Important Highlights - 16/11/2018

Startups:
Zomato’s strategy:
https://m.economictimes.com/small-biz/startups/newsbuzz/zomatos-full-course-strategy-from-supply-to-delivery-and-more/articleshow/66645881.cms

Aditya Ghosh: The man who chose OYO over Tata Sons
https://m.economictimes.com/small-biz/startups/features/aditya-ghosh-the-man-who-chose-oyo-over-tata-sons/articleshow/66645424.cms

BigBasket Sales:
https://m.economictimes.com/small-biz/startups/newsbuzz/bigbasket-records-sales-of-over-rs-2000-crore/articleshow/66646091.cms

Entrepreneurship:
Awards:
https://m.economictimes.com/small-biz/entrepreneurship/national-entrepreneurship-awards-2018-is-honouring-indias-best-and-brightest-of-the-entrepreneurs-and-you-can-nominate-someone-too/articleshow/66445567.cms

Organic Farming:
https://m.economictimes.com/small-biz/entrepreneurship/smur-agro-ventures-making-the-organic-farming-sector-healthy-again/articleshow/65866819.cms

Sports:
Cricket:
https://m.economictimes.com/news/sports/virat-kohli-wants-indian-batsmen-to-show-more-character-in-australia/articleshow/66642893.cms

Women's T20:
https://m.economictimes.com/news/sports/womens-world-t20-spinners-shine-as-india-beat-ireland-to-enter-semi-finals/articleshow/66643093.cms

Technology:
Microsoft acquires XOXCO:
https://m.economictimes.com/tech/software/microsoft-acquires-conversational-ai-and-bot-development-firm/articleshow/66647181.cms

Wealth:
Child's future:
https://m.economictimes.com/wealth/invest/childrens-day-3-investment-options-for-your-kids-long-term-needs/articleshow/66618171.cms

Tax on Gold:
https://m.economictimes.com/wealth/tax/how-different-forms-of-gold-are-taxed/articleshow/66519926.cms

Investment:
Buffet disciples on D-street:
https://m.economictimes.com/markets/stocks/news/two-buffet-disciples-tell-you-how-to-make-it-big-on-d-street/articleshow/66649973.cms

Stocks:
https://m.economictimes.com/markets/stocks/news/lemon-tree-eicher-motors-among-5-top-stock-picks-of-global-brokerages/articleshow/66646857.cms

General News:
Employability:
https://m.economictimes.com/jobs/how-india-can-enhance-employability-for-young-indians/articleshow/66650380.cms

Bollywood:
Ranveer-Deepika:
https://www.pinkvilla.com/entertainment/news/deepika-padukone-and-ranveer-singh-release-first-official-photos-husband-and-wife-431776

Ranbir-Alia:
https://www.pinkvilla.com/entertainment/photos/caught-camera-ranbir-kapoor-and-alia-bhatt-s-photos-sets-brahmastra-431806

ELSS - Equity Linked Savings Scheme

Overview:

ELSS or Equity Linked Savings Scheme is a financial product that provides investors with tax benefits under Section 80C. ELSS are mutual funds offered by fund houses and are handled by experienced fund managers. ELSS schemes are open ended, that is, investors can subscribe to the fund at any day. NAV or the price of the fund is declared on every business day.

No-Confidence Motion & Its Impact

Any long term financial decision can not (or should I say 'should not') be taken without considering the political scenario in the country. So let's try to understand the 'No-Confidence Motion' issue briefly and its impact.

Lok Sabha is composed of representatives elected by direct election. The maximum strength of the House as per the Constitution is 552 (530 elected members to represent the States, upto 20 members to represent the Union Territories and not more than 2 members of the Anglo-Indian Community to be nominated by the Hon'ble President).

NPS (National Pension System)

FAQs on NPS (National Pension System)

Please note: This is mostly an informative article and can be boring to read but I believe it is good compilation if you seriously want to understand basics of NPS.

1. What is National Pension System?

The National Pension System (NPS) is a pension scheme operated by the Government of India. It is based on a unique Permanent Retirement Account Number (PRAN) which is allotted to each Subscriber upon joining NPS.

PPF (Public Provident Fund)

Nisha: Hey, how was your weekend?

Rohan: Same routine, some work at the bank, one movie, one long drive and lunch & dinner at favourite places. How about you?

Nisha: I am bit lazy, you know. So I had my relaxed coffee break in the morning, watched some TV-series and that’s it. I believe you visit the bank at least once in a month. What do you do there? Looks like I am looking at a billionaire in the making..hmm?

Rohan: Haha..That’s the plan!! Actually, I visited this time to open a PPF account.

Nisha: Hmm..You MBA grads are nothing but a bunch of confusing guys. What is this PPF?

What this blog is all about?

Welcome to my blog!!

I am Vijay Kulkarni. I am a knowledge seeker in almost everything. The fields in which I am interested are Politics, Finance, Sports, IT, Entrepreneurship and many more..

I am planning to gain knowledge about different aspects of these fields and post summarized articles in this blog. I hope you would find my articles interesting & helpful.

Let the knowledge stream begin..