Insurance Companies help you in Saving Your Money

Saving money is the big challenge today. Investments in the stock or mutual funds are subject to market risk. The market it always volatile, one needs to be careful while dealing with funds saving or investing into the equity. The best alternative is to have the best insurance polices (it's a personal opinion), keeping the risk factors in mind. The insurance sector in growing and those companies may deliver you your return upon maturity. Apart from safe bank deposits,the purchasing insurance policies would be beneficial for a lay person.

Here are the some the major insurance companies in India.

• Life Insurance Corporation of India
• Bajaj Allianz
• Tata AIG life
• Birla Sun Life
• SBI life
• Max New York Life
• Kotak Mahindra
• HDFC
• ICICI prudential
• Reliance

It is always recommended to read the all the terms and conditions refereed by those companies before investing into.

Reliance Industries Appoints Walter Van De Vivjer as President and CEO of REP

Reliance Industries Appoints Walter Van De Vivjer as President and CEO of Reliance Exploration & Production DMCC (REP). REP is the interntional business subsidiary of Reliance Industries (RIL), according to media reports. Walter Van De Vivjer will look after the overseeing the operations of RIL. Walter has been associated with RIL as adviser. He was associated with Royal Dutch Shell, the global oil company and left the company in 2004. He was also the CEO and co-founder of Delta Hydrocarbons BV.

General Motors inks MoU with SBI

General Motors has signed MoU with the State Bank of India over financing its vehicles. According to the MoU, the SBI will provide retail and wholesale financing to customers to purchase vehicles manufactured by General Motors. The customers of General Motors now can get the financing option from the 12,150 branches of the SBI across India. Both the officials of General Motors and SBI have signed the MoU and exchanged the documents.

Bharti Airtel to buy 70% stake in Bangladesh's Warid Telecom?

Bharti Airtel the the leading company in India is planning to buy 70 per cent sake in Warid, one of the major telecom companies in Bangladesh, according to media reports. The value of the deal is not clear, and according to reports, Aitel may initially invest $30 crores for the process.

Telecom sector in Banglades is growing fast and its the hub for the telecom majors to invest. Airtel has around 10 subscribers in India and the expansion plan though the acquisition will give more subscribers to it. The Warid Telecom is being controlled by the UAE-based Dhabi Group, which reportedly sought permission from the Bangladesh Telecommunications Regulatory Commission for the sale.

RBI's Monetary Policy to Contain Food Inflation?

The soaring food prices in the India is the ever biggest concern for the government and the people. The government is looking for the option to curb the soaring food prices in India, those are out of reach for the poor people.

The food inflation is increasing and the mechanism are falling short in containing the same. The big question arises, the ultimate - monetary policy of the RBI, will it be effective in containing the inflation or food inflation? May be the change in the monetary policy and policy over the existing interest rates structure many help to check the soaring the food prices/inflation in India.

The interest rates will be the effective mechanism to check the supply side of the money. But on the flip side, may take some time to be effective. However, if there any changes in the monetary policy by the RBI, it is going to have impact on the food prices.

The food prices are rising may be due to the bottleneck in the market, may be checked with the effective mechanism over the supply of good and trade policies by the government of India. Any measures to check the bottleneck in the market would have immediate impact on the market and the food prices. However, it is expected that any change in the monetary polices by the RBI will in favor the economy and help to check the food inflation in India.

Tata Motors launches Sumo Grande MK II

Tata Motors has launched Sumo Grande MK II on Monday. The vehicle is the upgrade version of the Sumo. Tata Motors is the boost the sales of sports utility vehicles in India. Auto experts too believe that the upgraded version of Sumo would be a good option for sports utility vehicle lovers.

However, the auto market in India has been recovering from the clutches of the global downturn. The biggest maker of vehicle in India, Tata Motors has good sales expectations from the newly launched vehicle - Grande MK II, which would cost less than its previous version - Grande MK I.