What’s stopping you from getting rich?

What's stopping you from getting rich? If you really want to get to the root of the problem, you need to assess where you are going wrong in your investments. Should you choose profits over revenues? Should you opt for companies that have a healthier bottom line or pick those with high top-line growth? 5 things to remember when buying a luxury property Here are some of the criteria to which you should give primacy when buying a luxury property since the amount of money at stake is high. Buy travel insurance first before you go abroad Every year, roughly 14 million Indians travel abroad. According to a survey by ICICI Lombard General Insurance, less than half of them buy travel insurance. Why you can still bet on arbitrage funds One can still invest in arbitrage funds because the fall in volatility is temporary & the returns should improve when volatility spikes once again. Quote of the week "Most investors are still optimistic from a long-term perspective. But they are not in a hurry to buy because nothing is going to run away now." Nirmal JainChairman, IIFL Group Family Finances Equity exposure an easy route for Dixits to achieve their financial goals A 100% debt portfolio means that despite a high surplus and simple goals, the Dixits may not be able to meet their targets. Financial Planning Why you should not over-complicate your portfolio asset allocation Investors get caught in a mesh of products when it comes to portfolio asset allocation, but a simple formula can make things easier for both growth and income-seeking investors. Money-making venture How InOpen Technologies increased its turnover from Rs 11 lakh to Rs 6 crore in 4 years The firm now has 71 employees working at its offices in Mumbai and Hyderabad. It registered a turnover of around Rs 6 crore in 2013-14. Entrepreneurs How Ajay Kolla turned a Rs 30-lakh venture into a company generating revenue of Rs 22 crore Ajay Kolla started a forum to help his out-of-work friends find jobs. Soon, he made a business out of it. His firm is growing at a rapid pace. Financial Calculators Plan your car Car cart! Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy. Home Loan Refinance Should you refinance your home loan? Find out how much you will have on retirement with different combinations of savings, percentage returns, time to go and tax rate. More Calculators Why KPIT Tech is poised for growth KPIT Tech's recent poor performance compared to its peers makes it a value pick now. Analysts are bullish for various reasons. Indians are the most enthusiastic holidayers in the world Indians are one of the most enthusiastic holidayers in the world, according to the 2014 Holiday Spending Index, a survey conducted by Expedia. Is Voluntary Provident Fund the best healthy retirement corpus? VPF refers to the voluntary contribution of an employee over and above the mandatory 12% of his/her basic salary and dearness allowance. 5 smart things to know about unrecognised employee provident funds The employee's own contribution is not taxable on withdrawal, but the interest thereon is taxable as income from other sources. The shift to a fee-based advice model will be gradual: Rajiv Bajaj, Bajaj Capital "We are fussy about choosing closed-end funds for our clients. We do not consider them unless there is a genuinely good investment idea where the fund manager can reap the benefit of patient investing." Daily Newsletter Special stories that round up the major developments of the day Markets Watch Round up of stock, currency, bond, money and real estate market IPO Watch Gives you the latest IPO/FPO related news Live-Market News Portfolio Mobile Live TV Newsletter Commodities Speed Blogs Alerts Follow Us on ET: About us|Advertise with us|Terms of Use|Privacy Policy|Feedback|Sitemap|Code of Ethics © 2014 Times Internet Limited. To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here To unsubscribe or edit your subscriptions please click here

News Digest: Britain, Ireland inks visa deal to benefit Chinese, Indian travellers

		THE TIMES OF INDIA
		Tuesday, October 07, 2014
		Today's Headlines

		India
		Britain, Ireland inks visa deal to benefit Chinese, Indian travellers Britain and Ireland on Monday inked a Memorandum of Understanding (MOU) on visa cooperation to allow Chinese and Indian visitors to travel to the two island nations on a single visa. Numbers show Maharashtra ahead of Gujarat The main thrust of Prime Minister Narendra Modi’s election campaign is about bringing Maharashtra on par with Gujarat on all fronts in terms of development. Crucial evidence in Burdwan blast 'destroyed' Sources said the local police had destroyed most of the explosives recovered from the spot. This made the task of the investigators more difficult. More India News»

		Business
		Flipkart sales run rate hits $3 billion Despite frenetic sales growth, Flipkart is said to be losing about $10 million monthly largely due to it doling out excessive discounts to shoppers. India remains our biggest base, says JK Tyre chief In an exclusive chat with TOI, JK Tyre CMD Raghupati Singhania talks about the challenges facing both his company and industry. Excerpts: Maruti rolls out Ciaz for Rs 6.9 lakh Making an aggressive pitch in the mid-sized sedan segment, Maruti Suzuki on Monday drove in the Ciaz at Rs 6.9 lakh (ex-showroom Delhi) to take on established models like Honda’s City and Hyundai’s Verna. More Business News»

		Environment
		Barda suitable site for lion translocation: WII study Barda Dungar, a lion translocation site within Gujarat, should be an isolated lion habitat, which should not have connection with Gir Sanctuary, suggested experts of the Wildlife Institute of India (WII). Air pollution increases river-flows: Study Air pollution has had a significant impact on the amount of water flowing through many rivers in the northern hemisphere, a new study has found. Keoladeo National Park faces survival threat With water bodies around the park drying up, no fish to feed, no nests to be raised, KNP is in for a catastrophe. More Environment News»

		World
		Spent over $1 billion on military operations in Iraq, Syria: Pentagon The Pentagon has spent as much as $1.1 billion on US military operations against Islamic State militants in Iraq and Syria since the mission began in mid-June, including more than $62 million alone in Navy airstrikes and Tomahawk cruise missiles. Brazil's Rousseff, Neves gear up for fierce run-off Brazil's leftist President Dilma Rousseff steeled herself Monday for a hard-fought race against center-right challenger Aecio Neves, who is seeking to unite frustrated voters to beat her in a run-off. Street fighting rages in Syrian town as IS moves in Street fighting raged between Kurdish defenders and Islamic State militants who advanced into Kobani on Monday after subjecting the Syrian border town to an assault lasting almost three weeks, residents and fighters said. More World News»

		Entertainment
		'Bang Bang' crosses Rs 100 crore mark in India Hrithik Roshan and Katrina Kaif's action romance Bang Bang has raced into the Rs 100 crore club in less than five days. Katrina turns elder to Ranbir in Jagga Jasoos Ranbir Kapoor, 32, will apparently play a 19-year-old in Jagga Jasoos. Who prepared Minissha Lamba for Bigg Boss? We hear Minissha Lamba did a lot of research before going into the Bigg Boss house. More Entertainment News»

		Science
		400 genome regions responsible for deciding your height: Study A varying genetic make-up has now been found to be the cause behind why some people are taller than others. MOM sends first 3D image of Red planet Just 96 hours into the Martian orbit, the Mars Orbiter Mission (MOM) has released its first 3D image of the red planet. MOM had entered the Martian orbit on September 24. High stress levels among doctors leads to burnout For decades, the senior cardiovascular surgeon had followed the routine of scrubbing before surgery. More Science News»

		Sports
		It is important to maintain consistency: Jitu Rai Jitu said he is not too concerned about travelling for Rio Games but emphasized that he wants to perform consistently rather than be happy with his qualification. Koevermans steps down as Indian football coach After India lost to Palestine 2-3, Koevermans declared in the post-match presentation ceremony that that he isn't continuing as coach. MS Dhoni becomes ISL team Chennaiyin FC co-owner After the likes of Sachin Tendulkar and Virat Kohli, MS Dhoni has become the latest cricketer to own a football team in the high-profile Indian Super League. More Sports News»

		Technology
		HP splits PC, printer and enterprise businesses The company says the PC and printer business will use the name HP Inc. Apple launching iPhone 6 in India for Rs 53,500, 6 Plus for Rs 62,500 Apple and its sales partners have also announced the pricing details for iPhone 6 and iPhone 6 Plus. 9 things Apple got wrong big time Apple introduced devices that have collectively changed how we consume media today. But Apple didn't always get it right. Here are nine of the most notable instances More Technology News»

		Education
		Classmate Spell Bee returns with new season The spelling extravaganza Classmate Spell Bee is back again — and it is bigger than ever. Kids at Himachal Pradesh govt schools to learn English from Class 1 Himachal Pradesh chief minister Virbhadra Singh on Monday announced that students at all government schools in the state would be taught English from Class 1 from the next academic session. 2600-acre plots identified for IIT in Kerala Kerala may finally get its IIT as the state government has identified two plots - 600 acres in central Puduserry and 650 acres at West Puduserry in Palakkad - to set up the premier institute. More Education News»

		Mumbai
		Polls only a week away, 60% cops down with conjunctivitis & other ailments Round-the-clock bandobast duty for more than a month has taken its toll on the city’s police force, most of whom have been laid low by various health problems Numbers show Maharashtra ahead of Gujarat The main thrust of Prime Minister Narendra Modi’s election campaign is about bringing Maharashtra on par with Gujarat on all fronts in terms of development. BJP, Sena and MNS compete to wrest Vile Parle from Congress More Mumbai News»

		Delhi
		DMRC gets Rs 250cr for Ph III projects The Centre has released its equity contribution of Rs 250 crore to the Delhi Metro Rail Corporation for construction work of Phase III projects. Swift action saved Jahnvi, but not all are lucky The mysterious disappearance and then the dramatic recovery of three-year-old Jahnvi Ahuja within a week demonstrate that missing children’s cases are not as tough to crack as the police portray them to be. Teen, friend molest girl, kill brother for resisting assault Angry with a 16-year-old who fought them for molesting his sister, a 14-year-old boy and his friend took him to a construction site in southeast Delhi’s Jaitpur where they bludgeoned the teenager to death. They ran away but were finally tracked down by police. More Delhi News»

		Bangalore
		Girl, 8, washed away in Bangalore drain An eight-year-old girl was washed away in a drain along Bannerghatta Raod, Bilekahalli, south-east Bangalore, during heavy rain on Monday. Loo and behold, a movie with a message Chief minister Siddaramaiah is not known to be a film buff. But on Monday he sat for over two hours to watch a movie that had a message on cleanliness and sanitation. Top up Metro card via mobile Here's some good news for frequent Metro commuters. Now, you can recharge your Metro travel cards through your smart phones. More Bangalore News»

		Hyderabad
		Hyderabad professor killed sons before ending his life ICFAI assistant professor, A Raghavendra Guruprasad, who had committed suicide on Saturday, also killed his two sons and buried them at his plot in Medchal before ending his life. Police reforms to cost a bomb Women police personnel are also supposed to be taught driving to ensure mobility, while women rakshaks, like that of the Delhi Police, are expected to be launched in all the major police commissionerates. Activists demand clarity on land pooling Taking strong objection at the AP government's attempts to take over green fields for the proposed capital city, various organisations have demanded that the government make its plans clear on the actual land requirement. More Hyderabad News»

		Chennai
		All eyes on Panneerselvam on eve of hearing on Jaya's bail plea The stench of rotting garbage, close to the house, wafts through the air, attracting stray dogs. HC: No holiday for schools, colleges On the eve of Karnataka high court’s hearing on former chief minister J Jayalalithaa’s bail application, the Madras high court has warned that the Tamil Nadu government would be held responsible if any untoward incident took place in the state on October 7. It's a free-for-all, with no leader to steer protests Demonstrations by AIADMK cadres against former chief minister J Jayalalithaa’s conviction and imprisonment appear to be going out of hand. With no leadership to steer it or rein it in, the protests are spilling into public domain. More Chennai News»

		Ahmedabad
		Youth shot in Ahmedabad riots dies A 20-year-old youth, Ashraf Khan Pathan, died on Monday due to the bullet injuries he had sustained during the riots in Shahpur on Sunday evening. Intercity air service before Vibrant fter a gap of almost three years and one failed attempt, the intercity flight service in the state is all set to take off right before the upcoming mega show of the Vibrant Gujarat Global Investors' Summit (VGGIS) scheduled to be held in January 2015. AAI chooses Amdavad, Surat airports to woo global players In a bid to attract more international airlines and enhance connectivity, the Airports Authority of India (AAI) has begun an aggressive marketing activity for 29 non-metro airports, including Ahmedabad and Surat. More Ahmedabad News»

		Allahabad
		Woman jumps into Saryu with children A woman jumped into Surya with her son and daughter after quarrelling with her husband on Saturday morning. The bodies are yet to be fished out. Durga idols immersed in makeshift pond The four-day Durga Puja celebrations came to an end with the immersion of idols in the makeshift pond constructed by the district administration on the banks of Sangam, on Saturday. Some Barwaris immersed the idols on Friday. Youth drowns during immersion A 22-year-old youth died during an illegal immersion of Durga idol in Ganga at Jera village under Manda police station. The unconscious youth was rushed to a nearby hospital in Sirsa where doctors pronounced him brought dead. More Allahabad News»

		Bhubaneswar
		BJD 'violates' model poll code The BJD has been accused of violating the model code of conduct for October 15 Kandhamal Lok Sabha bypoll. Twin cities bid farewell to Durga Amid beating of drums, earsplitting music and frenzied dancing by devotees, the twin cities of Bhubaneswar and Cuttack bade farewell to Durga on Sunday. CB paid no heed to Gajapati SP warning The Crime Branch (CB) of Odisha police was informed about a dubious money circulation company by Gajapati police in 2010.But it never took up the case, which the CBI is currently probing. More Bhubaneswar News»

		Bhopal
		Man held for luring minor neighbour and raping her A man was arrested for luring a teenaged girl from his neighbourhood on the pretext of marriage and raping her repeatedly over the months.The girl is four months pregnant. Dalit woman dragged out of house, gang-raped in Bhopal A 23-year-old dalit woman, mother of two, was dragged out of her farmhouse while she was alone with her children and gang raped by five people in Gunga village on the outskirts of the state capital on Friday night. One portal to help log on to many decision makers A software engineer from Bhopal has developed a portal to help citizens upload ideas and file complaint to the office of prime minister and chief ministers of different states among others. More Bhopal News»

		Chandigarh
		'Will include Panchkula in list of proposed smart cities' In the city to campaign for BJP candidate Gian Chand Gupta, Piyush was interacting with traders, industrialists and poultry farmers during a programme organized by economic cell of the district BJP. 10k goats sacrificed for orphans' education After sacrificing the goats, Muslims gave away the hide to the religious schools.The money received goes into charity for educating orphans. Women conductors learn karate chops Pinki, 36, never thought she would need combat training.But when she became a conductor with CTU, she terribly felt its need. More Chandigarh News»

		To manage your newsletter subscription settings, click here	Other Newsletters from TOI : Top Headlines | Tech | Entertainment | Movie Reviews | Life & Style