September 26, 2007

A new star for Indian Cricket

Cricketer Rohit Sharma (Born April 30, 1987, in Bansod, Nagpur). Sharma is a right-handed middle-order batsman and occasional right-armed offbreak bowler. Has played under-17 and and under-19 cricket for India, Sharma impressed in the under-19 junior World Cup in Sri Lanka.
The unbeaten 142 in 123 balls for West Zone against North Zone in the Deodhar Trophy in Udaipur in March 2006 brought him further into reckoning. Performances for the Indian A sides in Abu Dhabi and Australia followed leading to him being selected for the 30 member probables list for the Champions Trophy (though he didn't make the final squad) and the Challenger Trophy.
His first Ranji Trophy game was for Mumbai was in the 2006/2007 season. In his first few matches were . But in their match against Gujarat in December 2006 that Sharma hammered 205 in 267 balls and set the foundation for an innings victory for Mumbai. Sharma hit a 50 in the final against Bengal and Mumbai won the tournament.
On 20 September 2007, the 19-year old scored an unbeaten 50 (of 40 deliveries) against South Africa in the

Twenty20 World Cup 2007 to secure India a semifinal berth of the tournament.

September 10, 2007

A page Devoted to LIC India

Each individual’s insurance needs and requirements are different from that of the others. LIC’s Insurance Plans offers policies that caters to the varied needs of individuals and give various options that can fit individual requirement. The various insurance plans available from Life Insurance Corporation of India limited , the premier state owned insurer and the biggest player in the domestic Indian market is listed below. You can calculate your premium using the Life Insurance Corporation,India's premium calculator :


Children’s Plans
Jeevan AnuragKomal Jeevan
CDA Endowment Vesting At 21 Marriage Endowment Or
Educational Annuity Plan
CDA Endowment Vesting At 18 Jeevan Chhaya
Jeevan KishoreChild Future Plan
Child Career Plan
Money Back Plans
The Money Back Policy-20 Years Jeevan Surabhi-15 Years
The Money Back Policy-25 Years Jeevan Surabhi-20 Years
Bima BachatJeevan Surabhi-25 Years
Endowment Plans
The Endowment Assurance PolicyJeevan Mitra(Double Cover Endowment Plan)
The Endowment Assurance Policy-Limited Payment Jeevan Mitra(Triple Cover Endowment Plan)
Jeevan Anand Jeevan Mitra(Double Cover Endowment Plan)
New Janaraksha PlanJeevan Amrit
Whole Life plans
The Whole Life Policy
The Whole Life Policy- Limited Payment
The Whole Life Policy- Single Premium




September 9, 2007

Insurance in India a brief History

Insurance industry in India was initially was made of mainly two players, the state insurers:

GIC had four subsidary companies, The Oriental Insurance Company Limited ,The New India Assurance Company Limited, National Insurance Company Limited and United India Insurance Company Limited.
( with effect from Dec'2000, these subsidaries have been de-linked from the parent company and made as independent insurance companies.

The Insurance Business:

The insurance business is broadly categorized under the following heads

  1. Life Insurance
  2. Fire Insurance
  3. Marine Insurance
  4. Miscellaneous Insurance.

Life insurers transact Life relatred insurance policies wheresas the rest of the policies are transacted by the general insurers. At prsent there are 17 Llife insurers and 17 non life insurers registered with IRDA.

September 4, 2007

Indians Money parking patterns

Indians are now investing more of their money in bank deposits and mutual funds. According to data, bank deposits form 36.5% of the total financial saving of the household sector in 2004-05, which has now increased to 55.6%. This marks a reversal in trend from the nineties, when bank deposits began losing share to debentures and small savings schemes. Also Mutual Funds have seen a four fold increase, rising from just . 4% in 2004-05 to 4.8% in 2006-07. The loyalty towards bank deposits can be attributed partly to the high returns offered by deposit-starved banks. Some banks were offering returns of up to 10%, for a period of one year. Also with the pace at which India is growing, the demand for credit has been really strong and the loan requirements are also rising steadily. This forced banks to raise deposit rates to attract more funds. The central bank also has signalled higher rates to control inflation. As a result, bank deposits have become attractive and the savings that were earlier parked in government-administered small savings schemes have now started shifting to banks .

% of Total Savings

Saving instrument

2006-07

2005-06

2004-05

Currency8.68.78.5
Bank Deposits55.646.236.5
Shares etc1.51.30.7
Mutual Funds4.83.60.4
Govt Securities0.22.44.9
Small Savings4.912.219.6
Insurance Funds15.014.015.7
Provident Funds9.210.513.0

September 1, 2007

Hôtel des Invalides a Must see in Paris

This elaborate building with its golden dome was originally built to house disabled veterans in the 17th century and soldiers too old to serve in the armies. It had a hospital to to treat the severely injured soldiers. This hospital is still active today, . The dome church which is a master piece of French classical architecture is the final resting place of Napoleon.
The Musée de l'Armée created by merging the Artillery Museum and the Historical Army Museum is housed inside and features displays of military uniforms and armour plus excellent displays on military history.

Admission: €8. Free for children under 18 yrs. Included in Museum Pass One single ticket gives access to the Musée de l'Armée, to the Tomb of Napoleon I, to temporary exhibitions, to the Scale-Models Museum and to the Order of the Liberation Museum.

Access : North Reception desk: by the Esplanade des Invalides South Reception desk: by the Place Vauban Metro stops: RER : line C StopBus : 28, 63, 69, 80, 82, 83, 87, 92, 93, BalabusParking : esplanade des InvalidesTaxis : boulevard de Latour-Maubourg .

Opening hours : Open every day of the year, except for the first Monday of every month, and January 1st, May 1st, November 1st and December 25th.Open from 10:00 to 17:00, from October 1st to mars 31st,and from 10:00 to 18:00, from April 1st to September 30st.The ticket offices close 45mn (North reception) and 30minutes (South reception) prior to the closing time of the Museum.

Website: http://www.invalides.org/.

The Order of Aigle "Eagle" worn by Napoleon Bonaparte

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