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Looking to invest in mutual funds? Here’s how to get your KYC done

Loknath Das, , , , , , , , , , ,

Complying with the Know Your Customer or KYC norms is mandatory for every mutual fund’s investor. It is important for an investor to submit their identity details to the mutual fund houses. AMC’s are required to formulate rules and implement a customer identification program in accordance with the Prevention of Money laundering Act, 2002 (PMLA). These rules and regulation gets updated and is issued by SEBI from time to time. The KYC process is free for the investors. What are all documents required? Firstly, you need to get a KYC…

German carmakers colluded on diesel controls, technology for decades: report

Loknath Das, , , , , , , , ,

Another week, another scare from the German car industry. What began with Daimler’s massive recall of more than 3 million diesel cars to lower their emissions, ended on Friday with Audi also embarking on a voluntary recall of 850,000 vehicles. Adding to the spate of bad news was a report in Der Spiegel magazine that the biggest car manufacturers — Daimler, BMW and Volkswagen as well as VW’s Audi and Porsche brands — may have colluded for decades on technology. The companies declined to comment. Shares of BMW, VW and Daimler tumbled on the report, which cited…

Water storage doesn’t always require permanent tanks

admin, , , , , ,

When undertaking to save water from rain from the heavens and the roof runoffs of your house, one does not always want to erect permanent structures and put in place full-time tanks to capture the water, which would have otherwise been wasted. Budget and space constraints can often see people doing nothing at all, but there are other options to help find a balance between low cost, economy of area and the need to do what we can to not waste the previous resource of water. While there are several…

6 Restaurants in Mumbai That Serve Fantastic Organic Food

Loknath Das, , , , , , , ,

  In today’s time, where most of us are cautious about how we look and what we eat, few restaurants are doing a great job in helping us turn towards a heathier lifestyle. Food that is grown organically is not just healthy for you but also for the environment. Keeping this in mind, organic cafés and restaurants are transforming the eating-out scene in Mumbai with their healthy greens, vegan beverages and gluten-free alternatives pitted against gluttonous joints that have crowded the lanes for long. From salads, sandwiches and smoothies to…

The Simple 4-Step Method to Find Your Profitable Business Idea

Loknath Das, , , , , , , , ,

Editor’s note: this article is excerpted from Daniel DiPiazza’s recently released book Rich20Something: Ditch Your Average Job, Start An Epic Business, Score The Life You Want. If you’re reading this right now, there’s a good chance you want to start a business. Or you already have. And if so, you’re probably doing some agonizing about your business idea. No, I’m not a psychic, but I have spent an incredible amount of time during the past five years planning, strategizing, and growing my own company Rich20Something. So I know a thing or…

What to Eat Before and After a Workout

Srijita, , , , , , ,

Before: Whole Wheat Toast with Sliced Banana and Cinnamon When it comes to gearing up for workout, carbs are your gym BFF. The key is to have a mixed bag of complex and simple ones so that the release of energy during your workout is slow and steady throughout your routine. Whole-wheat toast with fruit gives you both types of carbs with the bonus of being super easy to digest. Complex carbs will keep your motor humming, while the fruit adds an extra kick of energy. For those training for…