Cheque Truncation System

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It might happen that you cheque can become bounced or it can be rejected from Jan 01, 2013.. Its been a new system named as CTS 2010 by RBI[Reserve Bank of India] which's known as Cheque Truncation System. RBI issued a circulat to all the banks stating that all banks should accept cheques that are adopted by CTS guidelines.

• All CTS cheques will be having a watermark with words "CTS India" that can be seen against a light
• A bank logo will be there with ultra violet ink, which can be seen only with UV Scanners
• If there's a mistake in the cheque, then as per the guidelines it will be invalid

Source :-  for more details, please see Cheque Truncation System

Petrol Price Dips by 56 paise

   Central government announces in a big sound that its going to dip the petrol price by 56 paise effective from tonight in India. They will increase the price in 5 rs per litre but they will reduce it in paise , such a nice government. Who else in the world will get such a nice government than us ? Shame on them.
  This was announced because Indian money is increasing against the dollars price in the World market....
People also visited  Jewellery Shops Are Everywhere   MRP At Day And MRP At Night

MRP at Day and MRP at night

Everyone knew that whats MRP  means [max retail Price] , it determines that maximum limit that a product can be sold out for a product. But consider India, do all products sold on MRP ?

          The unified answer for the above question will be No. Even a authorized dealer for Milk vendors in city are selling their products above MRP. Who's ruling the city ? And there's one more trend which's very common now-a-days that's MRP @ night and MRP @ day, which many people who were traveling would have experienced that .
                     There were thousand of questions and complaints been raised in the consumer court webpage, please click here to view the complaints, but no action has been taken care. In India, than black money and corruption, money is more circulating in this way only by selling the products above the MRP.
              If any government official see this article and take action on that i would be happy.
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Jewellery Shops Are Everywhere Latest Scam In The Country   

Jewellery Shops are Everywhere

      This is not a surprising thing that a popular jewellery shop in India can open a branch outlet in your village. Yep that's what it's happening in the county man..!!! At one stage diesel prices have gone up the sky , so it directly impacts LPG prices as well.
      We pay taxes for everything that we buy from a toothbrush to food . Then y the hell we pay taxes to the government, but the government will give permission to all the jewellers to open their branch in all the places in india, but it will take steps to eradicate the black money which's flowing in the market rapidly.
      No idea where these increase in prices will End. There was a counterfeit in the paper saying that "Government should protected the people, but now someone should protect the people from the government".
People also visited Latest Scam In The Country  

Latest Scam in the Country

In India, scam is more popular than inflation. Because Such a huge scam happened and will happen in the future if the government is not doing any action. About a year back, 2G Scam rocks the nation with a scam of 1.76 lakh crores. Now CAG [Comptroller and Auditor General] had submitted a report to the government stating that another scam which defeated 2G Scam by 0.10  lakh crores. That's non other than Coal Scam which turn around 1.86 lakh crores.
  Its been reported that without giving tenders, these were issued to top steel giants in India, through which these private sectors had gained a huge profit.
 This is one another big loss to the Government of India..
 so as a rough calculation if we put this scam money together, that will come upto  3.62 lakh crores which can reduce our inflation .
 What the hell this government is doing.. Shame on this Congress Party....!!!

Cisco Laying off 1300 Employees

The worlds largest maker of computer networking equipment had reported that its laying off 1300 employees due to the market uncertainty . Cisco has  a total strength of 65000 employees, so it going to lay off 2 % of its strength in this year 2012. Last year Cisco shed about 10,000 jobs to save 1 billion $ annually.
  However they didn't reveal the details , which depeartment they are going to segregate . Cisco  had recently taken over the STB giant NDS