I had visited Apollo last month for some medical treatment (it is long story, but lets say, I have some health issues) and I was really surprised to see number of foreign patients there. I have to say, Apollo has certainly promoted it well to foreign tourist and kudos to them for corporatizing the indian healthcare market, now I can see more and more hospitals going public to raise funds to build better infrastructure.

The term medical tourism is so called when patients go to a different country for either urgent or elective medical procedures. This industry is rapidly growing and is fast becoming a worldwide, multibillion-dollar industry.

Continue Reading “Are you in USA, have no Insurance or don’t want to wait ? then come to India for Treatment and Surgery” »

Are you planning to buy an Air Conditioner in India ? are you tired of using your old fashioned desert coolers and feels the time time has come for you to upgrade to Air conditioners ? with booming middle class, the demand of air conditioners in India has increased exponentially.

I just bought my air conditioner few weeks back (more about it later in the post) and while searching, I didn’t got too much information available on the web so I felt to make a perfect Which AC to buy post which everyone can use it as a reference post before they purchase an AC in India.

Continue Reading “Which AC to Buy ? Review of Air Conditioners in India” »

Summer has started and along with summer, here comes power cuts. Its part of Indian life specially if you live in small cities. Now we have two options, either to sit doing nothing in hot summer sweating and cursing state electricity board or to get a backup power option of Inverter and Battery. Since I am running multiple Inverter and Battery, I think I am in very good position to review them

So first you need to decide what exactly you want to run on your power backup ? most likely a fan, a tublelight and a CFL (in case you don’t want to use tubelight which consumers more power, you should always have a CFL too).

Continue Reading “Which Inverter and Battery to for Power Backup in India” »

last week I trvelled in Rajdhani Express (Bangalore to Delhi) for the first time as I had never travelled in it before! Not that that traveling in Rajdhani has remain any kind of status symbol or something, infact I don’t think even now traveling in a plane has been a status symbol, I am still reviwing my journey by Rajdhani as it was an interesting experience and will help poor souls like me who doesn’t travel much and are traveling by rajdhani by first time.

So it was a 2300 KM journey which was supposed to take 34 hours and I was told that all breakfast,lunch and dinner including tea/snacks will be served which was nice since I had paid 50% more for my journey. A typical AC II Tier journey costs Rs 2000 from Bangalore to Delhi but here I had paid Rs 2800 and the fact that Rajdhani is no more faster than Sampark Kranti, I was expecting the food to make up for the Rs 800 extra, and I wasn’t really disappointed.

Continue Reading “Rajdhani Travel Experience in Second class AC” »

SEBI has stop banks issuing anymore ULIP policies (I am not surprised) and though the exact reasons of why SEBI is frowning on ULIPs are still not fully clear, I can certainly relate my story here where how ICICI agent sold my ICICI prudential ULIP policy by misguiding me and hiding important information.

I wanted to buy a Mutual fund for which I approached ICICI bank, the representative offered me lot of option (I had went primarily for HDFC Top 200) and sold me ICICI prudential after hiding some crucial details like it has 3 year locking period where each year I have to pay 50k and it is not really a mutual fund, even though they are selling it like that. Then I went out of city for a month and when I came back, I saw all the details of policy and wrote a complaint to ICICI, I got a reply in weeks saying that there was a 2 week window where i could had canceled my policy, I said I wasn’t there in town and the point is, the ICICI executive lied to me about the policy.

Continue Reading “ICICI ULIP Fraud - DO NOT buy ICICI ULIP” »

So we are in the summer of April and people have started filing their tax returns (I am also in the process of doing it), now as any common Indian, I too had spent considerable time talking to my CA (chartered accountant) on how I can save taxes on my earnings. So on the basis of those conversation and my investments, here are some suggestions on how to save taxes in India

1. Invest 1 Lakh in LIC so you can get rebate under IT act 80C. This I feels is must for everyone as getting Insurance is very important, specially if you have a family and you are the sole bread earner, even if you are not, I still feels you should take. If not LIC, you can go for any other plans too, many private companies and even banks are offering such plans, but always make sure you understand the terms and conditions as many such policies has locking period too

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I have seen lot of people including myself asking this question that in India, which is better, Mutual Funds or Fixed Deposit. Lets say for one year period, you get 7.5% interest rate on 1 lakh rupees than is it good or should you take more risk and invest in mutual funds ?

I have invested money in both in the past and currently have 3 mutual funds of ICICI, HDFC and SBI as well have money in fixed deposit too in HDFC and ICICI banks, so from my experience this is what I can suggest -

Continue Reading “Mutual Funds vs Fixed Deposit in India” »