State Budget on March 19
Finance minister K.M.Mani will present his 10th finance budget on March 19. More »
Railway Budget 2012
Railway minister Dinesh Trivedi presented railway budget in the Parliament. More »
Joy Alukkas Launched Joy Jets
Joy Alukkas launched chartered luxury aviation in Kerala. More »
Temple Art Forms of Kerala
Kerala one of the beautiful place in the world is also famous for various temple arts. More »
Chocolate Cake
How to prepare Choclate Cake ? More »
Tourist Places in Kerala
Kerala is one of the most beautiful tourist places in India. More »
Waterfall Destinations in Kerala
Kerala is known as\\\"Gods own country\\\"because of its beauty. More »
Monthly Archives: October 2009
Vallarpadam Container Terminal launch in March 2010
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Vallarpadam Container Terminal launching News
The latest news about the Vallarpadam Container Terminal Cochin is that it will be launched on 31st March 2010. It is the first Indian International Container Transshipment Terminal (ICTT). The first Indian ship terminal will advance the import and export business of India from 2010. The launch of Cochin Container Terminal will improve productivity and better manage costs.
The insurance companies at Vallarpadam will have a great time of improvement of policies too. The Vallarpadam Cochin terminal will also be a gift to the real estate business in and around Vallarpadam, Kochi, Kerala. The Cochin ship terminal will also give a better future to hardware, software, furniture, hiring and training businesses. The ICTT (International Container Transshipment Terminal), Vallarpadam scheme is to launch a series of ventures including the Ship-building Hub worth Rs. 2,100 crores, Rs 1,600-crore LNG Terminal worth Rs 1,600-crores, the Port-based Special Economic Zone worth Rs 1,510-crore, the International Ship Repair complex worth Rs. 315 crores, SBM (single buoy moorings) for Kochi Refineries Ltd worth Rs. 720 crores, International Bunkering Terminal, Bulk Cargo Terminals, Cruise Ship Terminals, International Marina, Petro Chemical Complex, Kochi for Gas Authority of India worth Rs. 7,000-crores and many more. All these developments will provide a good number of job vacancies for the young job seekers of Kerala and even India. Thus, the Cochin Container Terminal offers jobs to both professionals and non-professionals of India. Vallarpadam tourism will give a good time to the Kerala tourists too. Vallarpadam will turn out to be the best attractive part of Cochin tourism Kerala.
SEBI allows stock exchanges to extend the time of Trading
SEBI allows stock exchanges to trade from 9am to 5pm
The Securities and Exchange Board of India (SEBI) on Friday permitted stock exchanges to extend trading time by almost two and a half hours. SEBI had earlier said that this was considered to allow Indian players to take advantage of the global information flows. The NSE was aleady said about the extended trading would commence “very soon” on that exchange, although it would not commit to a specific date. The BSE too “welcomed” the move.
Currently the cash and equity derivatives market is open from 9:55 a.m. to 3:30 p.m. The currency derivatives market is open from 9:00 a.m. to 5:00 p.m., while the commodity derivatives market is open from 8:00 a.m. to 11:30 p.m.
The stock broking community are very pleasent with the news. There was some consternation that the move might benefit only the larger players such as FIIs and the exchanges themselves, as volumes would increase with stretched trading hours.
Many experts and brokers are opposed about this decision.But some other brokers said that theoretically an increase in trading hours could mean higher volumes and profitability for brokers.
RBI Ombudsman Scheme
Renewed Ombudsman Scheme
The updated Ombudsman Scheme of the Reserve Bank of India (RBI) ensures high protection to the customers of all types of banking customers in India. The Ombudsman Scheme RBI includes all the bankers including commercial banks, regional rural banks and scheduled primary cooperative banks, etc.
The renewed Ombudsman Scheme enables all the banking customers to ensure the banking rights of the customers. The Ombudsman Scheme enlarges the customer rights to complaints on certain new areas such as credit card complaints, shortages in providing the promised services, tax service charges without prior notice to the customer and non adherence to the fair practices code as adopted by individual banks. Thus, the RBI Ombudsman Scheme acts as a barrier against exploitation by banks India. No banking customer will be exploited henceforth. To boost up effectiveness, the revised Banking Ombudsman Scheme is totally staffed and funded by the Reserve Bank.
The customers of any bank in India are now able to register complaints either in hand written form or even online with the help of the Banking Ombudsman Scheme, India. Even if a bank delays in delivery of bank services, you can now file a case against the bank. Your time and comfort is looked forward. Having a service from banks is not a gift from the bank; rather it’s your right as you pay an amount in the bank for membership in bank and even interests. Even when the banks pay you some amount as interest against your investments, they are making much profit from your investment. The bank is at your grace. Without customers no banks can exist.
There are 15 Banking Ombudsmen office centres in India today. With the advanced Ombudsman Scheme of banks in India, the banking customers are having a good time. The Ombudsman Scheme is for the fulfillment of the rights of the bank customers. Know your banking rights at Ombudsman Scheme and enjoy the customer bank rights. We write this article so that you may not be exploited.
Tourism Festivals in India
Festival tourism in India
India is a land of fairs and festivals. It is to be noted that all the states of India has its own festivals. There are numerous rites and the rituals followed by the Indians. And almost all the festivals of India have a myth behind the origin of it. The Indian festivals and fairs differ in region, season and religion. There are some festivals in India which have no barriers of region, religion or season. The Republic day of India (26th January), Independence Day (15th August), Gandhi Jayanthi i.e. the birth anniversary of the father of the nation (2nd October) and Children’s Day i.e. the birth anniversary of Jawaharlal Nehru (14th November) are examples of the same. Thus India has found a new area for tourism. The festivals of India are looked forward by the foreign tourists. The Indian festival tourism is an exclusive touring experience of Indian tourism. We don’t find such a large tourism of festivals any where in the world.
All the Indians whether rich, middle class or poor, like to celebrate festivals to the most. Republic Day of India is celebrated every year with a colorful parade with tableaus from the different states and the daring display of developments by the three wings Army, Navy and Air force held near the India Gate in Delhi. The Indian Army festival celebration, Indian Navy festival celebration and the Indian Air force festival celebration are competitive to each other.
The religious festivals of India are many in number as there are lots of religions in every state. The Indian festivals like Diwali, Onam, Holi, etc. do not come under the influence of religion or state. All the religions and regions celebrate all these festivals of India equally.
The colorful festival Holy is mostly enjoyed by the Indian festival tourists and natives. The Raksha Bandhan festival creates a bond between strange man and woman a fraternal relationship. The Indian festivals occur on different dates each year as these are fixed according to the lunar calendar. Some of the religious festivals are subject to fasting, sacrifices, alms giving, etc. The religious nation India builds up its citizens God feared. The devotion of the Indians is praiseworthy. The scope Indian festival tourism is very high.
The festival tourism of India provides the festival tourist knowledge of traditions of Indian religions and way of life. The Indian festival day food items also differ from the usual days. For example the Kerala festival Onam celebrated by the people of Kerala is celebrated with a long menu of vegetarian lunch. The Indians take the festivals into their heart that they celebrate it even while being abroad. The wishing cards business in India has a good opportunity in India. It is seen that the advancement of email and mobile phones have brought down the sale of greeting cards in India.
The festival shopping in India is part of Indian shopping festival tourism. There are lots of handicraft items sold in the festival markets of India. The festival tourists to India can buy the hand made attractive and useful objects as part of Indian festival tourism. The Indian festival shopping is the major attraction of the Indian festival holidays.
The classical dances and songs performed by the dancers and singers from various parts of India are attractive to the tourism festival India. The festival holidays in India describe the cultural tourism of India and the artistic heritage tourism of India.
Islamic Bank in Kerala
Islamic Bank in India
The first Islamic bank in India will be situated in Kerala. The first Islamic bank in Cochin, Kerala will start functioning in 2010. The Islamic bank is helpful for the non-residents of India (NRIs) and who shortly return to India after loosing or resigning job or business abroad. Islamic banking is a profit or loss oriented bank. The Islamic bank’s back bone is its profit. We see many poor agriculturists and business people committing suicide while financial crisis in India. They do so because of the great interest on the loans sanctioned by the nationalized and private financing companies of India. Here is the solution to the problem of interest. The Islamic bank is an interest free bank. The interest free Islamic bank is a corporation to enable the poor and rich to live a better life with options to education and business.
Islamic bank offers options for higher studies and business. In this world of fight and tight competitions to win over others we all need money, luxurious cars, home, etc. Though we have a good paid job we may not be able to pay the interest charged by the other banks for the personal, car or home loans we take up. So, here comes the Islamic bank as a friend to help you out with free interest financing. We are repeating it again that its not less interest banking, rather an interest free Islamic banking. The Islamic bank for example buys your dream home and gives you it on rent basis for a period of time and later it will be registered into your name after a fixed period. Thus, the Islamic bank allows you to sleep happily in your home.
At the beginning the Islamic bank will be registered as a non-banking finance company and later will be altered into a full-fledged Shari’ah-compliant bank. The Islamic bank should not be treated as a bank as they do not charge any rate of interest from the customers. The Institute of Islamic Banking and Finance in India gets established under Public Societies Registration Act 1995 to ensure education on Islamic Economics, Banking and Finance. The Institute of Islamic Banking is not affiliated to any of the universities and it is an autonomous institute having its own syllabus to study. The Islamic banking institute is a non-profit, equal opportunity, professional educational research and training institution.
Being an interest free bank the Islamic bank does not come under the category of bank, but is under the category of financial institute. It also cannot issue cheque to its customers. The first Islamic bank of India will be in Cochin. The first Islamic bank in Cochin will be on its runway in 2010. The Islamic banking avoids the idea of interest rates of banking and believes on profit-sharing principles.
The Islamic banks have three kinds of deposit accounts as current, savings and investment accounts. The current and saving accounts of the Islamic bank are similar to that of the other bank as they will be safe and secure. But the investment account is not very much secure as it depends on the profit or The investment deposits in Islamic bank Cochin are treated for either a fixed or unlimited period of time. The customer will have to agree in advance to share the profit or loss in a particular proportion with the bank. The investment of the customer this way is not guaranteed. In fact you have to take greater risk as it might give you more profit.
The Islamic bank loans are different as you don’t have to pay interest and have to pay only the service charges. Thus, the Islamic bank loan profits the poor farmers, business men, pioneers and all the needy.
All the other banking services including money transfers, bill collections, trade in foreign currencies at spot rate etc. are also possible with Islamic banks. Thus, the Islamic banking in Cochin, Kerala will be gift to the pioneers of Kerala and India.
Survay for New Mullapperiyar Dam
SURVEY STARTED IN MULLAPPERIYAR
As per the order from Central Forest Ministry, works started to build dam in Mullapperiyar. Surveying works got started by the irrigation department. This is to estimate the loss in forest area due to the emerging dam. Survey works got started from the existing dam.
The existing dam resides at a height of 873m above the sea level and the new one would locate 400m below the existing dam. Surveying covers all the 873m area. As per the surveying finishes, new building work would start. The strength of soil and rock in the place is again checked in Thiruvananthapuram Lal Bahadur Shastri Centre for science and Technology. Surveying work would take 3 months to finish.
Mr. George Daniel, the Executive engineer of Irrigation department supervises the work. A private agency in Aluva takes over the surveying work for Irrigation department with total station facility. The estimation given for the above said work is about 15lacs. Also river surveying, 10 km from the dam would be finishing with other surveying works. The estimate for new dam is expected as 400 crores. As per the survey report gets available, the design for dam would be made available.
Script Writer Jagatheesh
Jagatheesh – The Script writer
“Echoose me ethu collegial padikunnathu?” The Appukkuttan of Malaylam film industry is writing the script for the movie “April Fool”. So, now Jagatheesh is known as the script writer Jagatheesh. The film April Fool is directed by Viji Thampi. The popular actor Siddiq co-stars with Jagatheesh in April Fool. The very title of the movie April Fool makes clear that April Fool is a comedy thriller. The co actors of the movie are Jagathy Sreekumar, Maniyanpilla Raju, Manoj K.Jayan, Biju Menon, etc. The two heroines of the movie April Fool are Nayana and Maithili.
The film April Fool scripted by Jagatheesh will be a super hit. He could give better perfection to the film as he was a college profession before getting in to the film industry. Jagatheesh being a comedian his script will also be based on comedy. Now we have to wait and see whether the other comedians of Malayalam films will also attempt for the same.
