Credit card....a tool of multinationals to increase their sales.

It started with a thought...How can i increase my sales? then the idea...why not ask the customer to buy what ever he want ask him to pay at his convenience..looks pretty awesome right.

ya it is a awesome gift for the customer if he buys what he actually want and pays back in time.

Some days back i have seen an offer from levis which says shop now pay later....wonder how much that offer has increased their sales.my guess is at least 25%?

I was a person who want's to buy a lot of things but don't want to spend the cash in my pocket. I only spend when the thing is something that makes me think of it at least once or twice, but my card has changed my way of shopping....

Now a days when i go on a shopping spree i buy what i liked at that instant, thinking...haa i can pay it later its just some xxx/- rupees only.

Small transactions are the deadliest..u think u are shopping in small amount but do n number of transactions which result in your xxx/- becoming xxxx/- or xxxxx/- which will be tough to pay when you look at the bill...

u have a 5% cashback on transactions if will be given only if u reach a 1lakh amount.Don't hope to get 5 rs and spend 100...if u fall back on ur payment u have to pay 2.5 rs.

Also be aware...if u shopped for 10k say and paid 5k before due date and pay the remaining just one day after the due date...u will pay 30% per annum of 10k which u shopped. 2.5% per month may look pretty a no, it translates to 30% per annum which means for every 1k u shopped u have to pay 250 rs if u pay even one day late.

cardholders link your credit account to ur debit account and pay ur bills as soon as u receive the bill.

x charge,y charge,z charge Misc charges..where do dey find so many names from

when i was a kid my mother used to show me the moon and feed me some food telling me i would bring the moon and give it to you...now a days my card is telling me shop for the points...and pay more

when u shop with cash u feel as if u are giving something that u have worked for....every time u buy something.
when u shop with a card u don't feel a thing...but u will feel it,n times bigger when u are actually paying the bill.

credit card is something like a dish that looks pretty good,tastes pretty good but kills u if u eat it every day.

so be aware card holders...u have some rights use them well,but not neglect your responsibilities.

How did i start investing

It was December26th 2009,the date on which i got my demat account from SHAREKHAN. The reason i opted for share khan is because it's one of the oldest and provides a good online portal. I was interested in investing from techkriti 2009 onwards when i played online share game. i didn't win any prize as such but it created an interest in me,which drew me toward investing in equity. i did some ground work which is a must before investing. I read some articles on net which were very helpful in knowing about eqity,derivatives. Equity or any investment which is treated as the one with risk and derivatives can be used to mitigate the risk.
I started with a very small amount of 10,000. and gained on few of my initial transactions,lost on a few transactions.
the things which i have learned till now..
-Invest when the market is at low.(Go bullish when the market is bearish)
-Withdraw when the market start consolidating.
-Stay for long if you want to earn more returns.
-Always know details of the company in which u are investing and decide the criteria for exit.
-be careful if u are going for intraday ,because u need to earn atleast brokarage.
-before taking delivery plan for which time u like to stay invested? what if u don't get the expected returns? How much loss can u bear from the investment?Have answers for all such questions.

Don't
Don't invest in one company.(plan to diversify your investments)
Don't invest more than 75% of ur investments in equities.
Better go for good mutual funds if you don't have knowledge of equities.

That's for now..Put more when i learn more from my good or bad buys,sells,

No of engineering seats in A.P

1, 60,277 engineering seats,
15,032 pharmacy seats available this year

161 new engineering colleges,
27 pharmacy colleges get permission

1, 60,277 engineering seats and 15,032 pharmacy seats were available this year in 497 engineering colleges and 250 pharmacy colleges. However, the Convener quota will offer 1, 20,207 engineering and 11,274 pharmacy seats. This year 161 new engineering colleges and 27 pharmacy colleges got permission. This year 140 engineering colleges and 50 pharmacy colleges opted for fee waiver scheme.

Scratch cards

All the students admitted would be given scratch cards containing a password using which they can log onto the website (to be announced later) and change their options of colleges and courses as per the availability. More than 100 options would be given to students if they wish to change their earlier preferred choice.

This year CSE seats increased by 10,770 taking the total to 42,214 while the ECE seats increased by 10,560 taking the total to 42,344 seats. Similarly, EEE seats increased by 7,230 seats taking the total to 25,909 while seats in IT stream increased by 10,575 taking the total to 31,345 seats. There was a drop in Mechanical Engineering seats by 210 and now 8,590 seats were available while Chemical Engineering also saw reduction of 15 seats with the total now being 950 seats. However, seats in Civil Engineering increased by 660 taking the total to 3,470 seats. There was an increase of 180 seats in the Aeronautical Engineering stream with the total now being 690 seats. Pharmacy seats also increased by 1,737 seats.


The number of seats available in each category were: -
65,740 (Open),
9,203 (BC-A),
13,148 (BC-B),
1,314 (BC-C),
9,203 (BC-D),
5,269 (BC-E),
19,723 (SC)
7,889 (ST).
Officials said the ratio of candidates in BC (B) and BC (D) was 1:2 while it was 1:1 for all other categories.

JNTU affiliated colleges

The List of Affiliated EXISTING Engineering / Pharmacy Colleges with courses approved
by the JNT University for the academic year 2008-09 is given in the link below

http://www.jntu.ac.in/bboard/approvednewcol.pdf

this year 289 existing engineering colleges and 140 new engineering colleges are approved by the jntu to offer courses.121 existing pharmacy colleges and 17 new pharmacy colleges are approved to offer courses..

most of the existing engineering colleges are facing staff shortage and where does these new engineering colleges bring the staff from.

TIPS for counseling:
1. Take all the certificates as mentioned in the notification.
2. Note that extra 3000 is collected from u if the course in that college is NBA accredited.
3. View the website http://eamcet.dte.gov.in before going to the counseling to have a realistic opinion of which college you may get seat.
4. Unless u know something about the college don't just blindly take the seat bcz of the course(as most people do...with EC and CSE ).
5. Finally,Don't worry even if u take a seat in a new college.u can still work hard and build knowledge yourself.