How to make your child a better investor

THE ECONOMIC TIMES Tue, Nov 10, 2015 | 09:31 AM IST ET Wealth Newsletter Indian Finance League 2015 - Test your finance related knowledge Take the quiz What to do after a car accident? (Infographic) A step-by-step guide on how to react to a car accident. From personal safety to a car repair, this is everything you need to know about getting your life back on track when a car accident derails you. How to make your child a better investor In many developed countries, financial literacy is part of the school curriculum. Many US states require students to study personal finance. How to lower your taxes by 33% through investments Instead of giving a very high special allowance, you can start by asking your employer to reimburse telephone and newspaper bills. Should you buy a car in the age of Uber and Ola? Given the cheap and ready availability of low-cost cabs, does it make sense to buy your own car? ET helps you take the decision. Should you make your portfolio real estate-heavy? Diversified portfolio can give you flexibility, liquidity and better returns, compared to an asset portfolio that is loaded with just property. Quote of the week "Challenge is to win trust of customers" Anuj Mathur Family Finances Verlerkars will be able to meet their goals by aligning them with investments Investing in the right avenues and proper asset allocation is as important as saving when it comes to achievement of goals. Financial Planning How to make the most of idle money in the bank Don't let money rot in the bank just because you cannot decide where to invest. Keep aside one day in a year to work out an investment plan. Money-making venture How travel startup Guiddoo helps build your holiday experience Guiddoo found a place in the Red Herring Top 100 startups in Asia and got the Top App award at the Global App Summit in Dubai in 2014. Entrepreneurs How the Rs 160 crore StarAgri is helping farmers manage their produce Our aim is to connect with 25 lakh farmers. We want to become every farmers' dream partner in their success 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 City Union Bank attractive bet for long-term investors A stable asset quality and strong fundamentals, coupled with a recent correction in its stock price, has made CUB analysts' pick of the week. What happens to demat account of HUF on death of karta? CDSL allows demat account to be opened in the name of the HUF. In case of death of the karta, certain transmission procedures need to be followed. Six smart things to know about sovereign gold bonds SGBs will be restricted for sale to resident Indian entities including individuals, HUFs, trusts, universities and charitable institutions. Where should you keep your emergency funds? Contingency funds help you tide over unexpected expenses. Find out how big a contingency should you have and where to keep that amount. Bonds best way to invest in gold this Dhanteras Instead of ornaments, put your money into gold bonds this Dhanteras. The government's monetisation scheme also has many pluses. More Newsletters ET Mutual Fund A weekly round-up of the top news and views from the mutual fund industry. Markets Watch Round up of stock, currency, bond, money and real estate market ET Investment Opportunities Property, Stocks, IPOs, NFOs, Mutual Funds and latest investment options in your inbox. Daily Newsletter Special stories that round up the major developments of the day. Follow Us on ET: About us|Advertise with us|Terms of Use|Privacy Policy|Feedback|Sitemap|Code of Ethics © 2015 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: Change education system to improve humans' inner quality: Dalai Lama

		THE TIMES OF INDIA
		Tuesday, November 10, 2015
		Today's Headlines

		India
		Change education system to improve humans' inner quality: Dalai Lama The existing education system is inadequate and needs to be changed in a manner that it improves internal qualities of humans, said Tibetan spiritual leader Dalai Lama on Monday. Saarc nations to plan for disaster risk cut Representatives of Saarc countries will meet next week to prepare a regional roadmap for disaster risk reduction for the Asian region. Free legal aid should be a basis for picking judges: PM Prime Minister Narendra Modi on Monday said that his government was committed to justice for all which was important for the overall development of the country. More India News»

		Business
		Nestle back with Maggi in 100 cities Factory-fresh boxes of Maggi were propped up against the wall at the business centre of Oberoi Hotel in the Capital, as Suresh Narayanan, chairman and MD of Nestle India, said: "Lijiye, muh Maggi kijiye" (playing on the popular Indian saying "Lijiye, muh meetha kijiye"). Amazon goes brick and mortar with Udaan Amazon, which is on its way to become India's top online marketplace, has launched a project code-named Udaan to go offline across the country . Nasscom bats for easier startup regulations Nasscom has made a strong pitch for an easier set of rules for startups seeking simpler norms for registration, taxation and exit to ensure that young entrepreneurs are not hobbled by unnecessary regulations. More Business News»

		Environment
		China smog around 50 times WHO recommendations Pictures showed smog so thick that buildings in Changchun, the capital of Jilin province in the northeast, were rendered invisible. Aus, China to share info on Antarctica ice condition Australia and China on Monday inked a deal to share information about sea ice conditions around Antarctica for better navigation and shipping in the Earth's southernmost continent. Antarctica, the Earth's fifth largest continent, is covered in ice. Antarctica covers Earth's South Pole. Endangered monkeys doing well in China The population of golden snub-nosed monkeys in a national nature reserve in central China is likely to increase substantially, primatologists working on a census of the rare animal said. More Environment News»

		World
		One dead, two wounded in Manhattan shooting One man was killed and two other people wounded Monday in a shooting in a subway stop near New York's Penn Station, authorities said. Obama, Netanyahu emphasize need for Mideast peace Obama is meeting with Israeli Prime Minister Benjamin Netanyahu (neh-ten-YAH'-hoo) in the Oval Office. It's their first face-to-face meeting in more than a year. Unesco rejects membership for Kosovo in victory for Serbia Members of the UN cultural agency narrowly rejected Kosovo's bid for membership Monday, in a victory for Serbia and Russia and a blow to Kosovo's mission for global recognition as a state. More World News»

		Entertainment
		'When I've Salman, I don't need anyone else' Sooraj Barjatya, 50, has unconditional love for everyone and he can cry seeing goodness. He is honest, soft-spoken, pure and spiritual. 'Dilwale' trailer: SRK-Kajol win hearts 'I can even drape a sari on hot pants' While many go gaga about food in Chandni Chowk, Bhumi Pednekar has a different interest altogether in visiting the place. More Entertainment News»

		Science
		Energy drinks are bad for your heart, says international study Energy drink consumption can lead to high blood pressure, increase in heart rate and serious cardiovascular risks, a latest international study by the Journal of American Medical Association (JAMA) showed. Energy drinks may increase blood pressure: Study Consumption of an energy drink elicited a 6.2 per cent increase in systolic blood pressure; diastolic blood pressure increased by 6.8 per cent; average blood pressure increased after consumption of the energy drink by 6.4 per cent. GSAT-15 set for launch on November 11 by European rocket India's latest communication satellite GSAT-15 is scheduled for launch on board Arianespace rocket from the space port of Kourou in French Guiana, on the morning of November 11. More Science News»

		Sports
		Rahane gets Grade A contract, Raina demoted to Grade B Indian batsman Ajinkya Rahane has been promoted to Grade A in the list of annual player contracts announced by Board of Control for Cricket in India (BCCI) for 2015-16. BCCI begins operation clean-up, appoints ombudsman Cracking the whip on conflict of interest in the Board, the BCCI today unveiled a slew of reforms, including the appointment of a retired judge as its ombudsman, as part of its promised clean-up operation. India-Pakistan series not ruled out entirely by BCCI The BCCI has not totally ruled out the series against Pakistan next month, even as uncertainty continues on the issue. As per the International Cricket Council's Future Tours Programme, Pakistan were to host India, but the vehement protest by Shiv Sena derailed the scheduled talks. More Sports News»

		Technology
		Diwali gifting: Best gadget deals Here are some good deals for shoppers scouting for offers on gadgets this festive season. In a first, Apple offers discount up to Rs 34,000 This is also the first instance when Apple and its distributors are going to buyback old models under the scheme to ensure that all transactions are genuine and reduce the burden of the retailer who can push sales further. Sikka made Infosys a great place to work for: COO Infosys has seen two quarters of industry leading growth rates, and has clearly come a long way from where it was prior to Vishal Sikka taking over as CEO in August last year. The person assisting Sikka through this has been the affable U B Pravin Rao, chief operating officer and a 29-year Infosys veteran. In an interaction with TOI, Rao talks about the new Infosys. Excerpts: More Technology News»

		Education
		WBJEE to be an 8.5hr ordeal on May 17, a weekday The West Bengal Joint Entrance Examination 2016 for engineering and medical will be held on May 17, for the first time a weekday, to ensure that the crucial tests do not clash with the impending Assembly elections expected anytime between April 1 and May 15. Same exam and result dates for all boards? In a first, all education boards in the country, under the ministry of human resource development, will find ways to introduce common practices, including exam schedules and declaration of results. Quality education mission would secure the future of children, says Raman Singh Admitting that the state government could have erred in the proper implementation of the Right to Education Act (2009), which provides for education of all children between the ages of 6 years and 14 years without having to appear for exams till the 8th class, chief minister Dr Raman Singh on Sunday said with the launch of Dr APJ Abdul Kalam Quality Education Mission, there is a scope for better and higher standards of education. More Education News»

		Mumbai
		Maharashtra 2nd in number of women arrested for rash driving Maharashtra has recorded 183 cases of women arrested for rash driving or road rage in 2014, which accounts for 15.6% of the total arrests in the country and puts the state in the second position on the list of such arrests. Kerala tops the list with 263 arrests, according o a National Crime Records Bureau (NCRB) report, 2014. PM's photograph arrives for govt offices, finally Almost a year-and-a-half after Narendra Modi was sworn in as Prime Minister, the Devendra Fadnavis-led government of the BJP and its allies has finally asked heads of all departments and state-run enterprises to display his picture in all government offices and aided institutions across the state. Bihar blockbuster: No Sena win, but Saamna delights in 'beating BJP in 35 seats' Matoshree is delighted that the Shiv Sena polled about two lakh votes in the Bihar legislative assembly election on its own steam. More Mumbai News»

		Delhi
		Honeytrap gang extorts Rs 20 lakh from Delhi-based doctor An attractive young woman comes to see a doctor. During the course of her treatment, she falls for the middle-aged healer and, one day , asks him out. Man jumps in front of train at INA station A man jumped in front of a Metro train at INA station in south Delhi on Monday evening. NGT: Immerse idols only at selected ghats Ahead of Diwali and Chhath, the National Green Tribunal on Monday said idol immersion in the Yamuna was not completely prohibited but can be done only from designated places, saying its earlier order has been misconstrued. More Delhi News»

		Bangalore
		APMC's new wholesale vegetable market opposed in Belagavi Condemning the move of constructing new wholesale vegetable market by Belagavi Agriculture Produce Marketing Committee (APMC) authority in city, the members of Belgaum Cantonment Wholesale Vegetable Merchants Association (BCWVMA) said it’s just a waste of money and a burden to the exchequer. Embassy Group ties up with Cornerstone for fourth business park in Bengaluru Real estate developer Embassy Group said it signed a pact with city-based land owner Cornerstone Group to develop a business park in Bengaluru. Tata inks pact with Boeing for aerostructures Tata Advanced Systems and Boeing on Monday announced a joint venture (JV) that will manufacture aerostructures for aircraft and collaborate on integrated systems development opportunities in India. More Bangalore News»

		Hyderabad
		Telangana launches campaign to collect dry, wet waste separately The Telangana government on Monday launched a campaign of collecting dry and wet garbage separately towards making the city clean. Tolly celebs,politicos turn up for this elite do in Hyderabad Tolly celebs,politicos turn up for this elite do in Hyderabad Sarika case: Husband's lover arrested Sana, the fourth accused in the case relating to Sarika and her three children's deaths, has been taken into police custody. Sources in the police here said that she was being questioned about her relationship with former Congress MP Siricilla Rajaiah's son Anil Kumar. More Hyderabad News»

		Chennai
		From boardroom to farmland: Journey of a corporate whiz Five years into a high-profile corporate career, Vinod Kumar decided to pause and consider whether the erratic sleeping hours, junk food and impossible deadlines were worth it. Happy Diwali: Light a candle, power a hybrid car Researchers Manohar Kakunuri and Chandra S Sharma of the Indian Institute of Technology, Hyderabad have found that something as mundane as candle soot can power lithium-ion batteries used in electric cars and aircraft. Wettest Nov day in 5 years claims six lives, outages paralyse Chennai Driving rain through Monday, Chennai’s wettest day in November in five years, claimed six lives and led to power outages that paralysed close to every locality in the city. More Chennai News»

		Ahmedabad
		Gujarat power company to pay for death of patient An electricity company will have to shell out compensation money for an undeclared power failure in Surendranagar town which led to the death of a patient due to the failure of a hospital life-support system. Gold prices fall below Rs 26K Patidar votes may get divided More Ahmedabad News»

		Allahabad
		Lekhpal aspirants create ruckus, block train movement for hours Violent agitation by Chakbandi Lekhpal aspirants brought train movement on Mughalsarai-Allahabad-Kanpur section of busy Howrah-New Delhi route came to a standstill for four to five hours on Sunday. Selfie on postage stamp soon Now one could get his selfie converted into a postage stamp. The postal department would soon start 'My Stamp' facility at Head Post Office where anyone could get his or her photo printed on postage stamp. Wanted dacoit gunned down in MP Madhya Pradesh police gunned down notorious dacoit Chunni Lal Patel alias Mehman of Chitrakoot in an encounter near Bhagada village under Nayagaon police station. More Allahabad News»

		Bhubaneswar
		Huge discounts boost online sale of crackers Huge discounts offered by e-commerce sites have ensured a spurt in online sale of crackers."All crackers are available at 50% discount compared to market prices. Architects rue lack of govt jobs The state government's decision to abolish 48 architect posts has not gone down well with students of diploma in architectural assistantship. Ponzi firm boss held for 10cr fraud The economic offence wing (EOW) of the state Crime Branch (CB) on Sunday arrested the managing director of a Kolkata-based chit fund company on charges of duping hundreds of investors of more than Rs 10 crore in Odisha. More Bhubaneswar News»

		Bhopal
		HC notice to MP govt over defunct women's panel At a time when Madhya Pradesh accounts for a high number of crimes against women, MP State Women’s Commission (MPSWC) has been non-functional for more than a year now. Taking note of it, the Madhya Pradesh high court (MPHC) issued a notice to the state government recently and sought reply on the matter in three weeks’ time. Stray dogs maul 10-year-old in Khajuri area Stray dogs mauled a 10-year-old girl to death in Khajuri area on Sunday afternoon. The minor, who was taken to the hospital, was declared dead upon arrival, police said. Angry farmers hold discom officials hostage after power cuts in villages Two days before Diwali, over 100 angry farmers held hostage discom employees and officials in Guna district of Madhya Pradesh - on Monday - after disruption of power supply in over a dozen villages of the district for the last 15 days. More Bhopal News»

		Chandigarh
		13 CRPF companies deployed in Amritsar The Centre has rushed 13 Central Reserve Police Force companies to Amritsar ahead of the Sarbat Khalsa (Sikh congregation) there on Tuesday. Youth Work Week concludes in Chandigarh Rajiv Gandhi National Institute of Youth Development’s (RGNIYD) week-long celebration of Youth Work Week concluded with a seminar on ‘Youth Workers Creating Paths to Peace’ attended by 700 stakeholders including policy-makers, educationists, youth workers, media and young people at RGNIYD Campus, Sector 12, Chandigarh. Capt Amarinder ridicules Sukhbir's charge that Congress was behind Sarbat Khalsa : Congress deputy leader in the Lok Sabha Capt. Amarinder Singh has on Monday ridiculed the Punjab deputy chief minister Sukhbir Badal’s charge that Congress is behind the Sarbat Khalsa being held at Amritsar on Tuesday. More Chandigarh News»

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