Saving for your child’s foreign education? Invest in US index funds

Thanks to remarkable progress in science and technology, the US has witnessed unprecedented growth in the recent past. It is no surprise that the S&P 500, an index of the top 500 publicly traded US companies is weighted towards prominent American tech giants. Furthermore, looking at the S&P 500 from 2001 to 2020, the average US stock market return for the last 20 years is around 7.45 percent. So, if you invested $100 in the S&P 500 at the beginning of 2000, you would have about $421 at the beginning of…

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Yoga tour for foreign professionals under shadow of Nipah in Kerala

Fourteen deaths due to the Nipah virus (NiV) in Kerala seem to have dampened a nine-day Yoga Ambassadors Tour in the state for 140 professional practitioners from across the globe. Only 60 of the 140 participants have confirmed participation for the tour beginning June 13, that was designed by the union ministry of Ayush and Kerala government as part of the countdown to the International Yoga Day on June 21. American and German nationals have written to the organisers raising concerns about visiting the state which is grappling with a deadly…

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Travel Trends 2014: Indians Prefer Foreign Holiday Tours

Happiness is travelling around the world!   Travelling to international destinations for a holiday is the flavour this summer amongst Indians, according to a new trend report. Global travel search site Skyscanner released a series of travel trends, which show that Indians are keen to escape from the scorching heat and are turning to overseas travel this summer season. While international destinations have seen a whopping 101 percent growth in volume searches, findings for domestic destinations have seen a rise of 60 percent over January to April 2014 compared to…

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Fresh ‘Advisory’ To Parliamentarians On Foreign Visits

The advisory says the lawmakers should also ensure receipt of political clearance from the Ministry of External Affairs before proceeding abroad. NEW DELHI:  While undertaking visits abroad organised by foreign organisations and individuals, lawmakers should ensure that “none of their activities” give an unintended impression that they are on an official visit on behalf of Parliament. Also, before accepting hospitality, the members should satisfy themselves about the “credentials” of the organisation or institution extending the hospitality. These are part of a fresh advisory issued to Parliamentarians by the Rajya Sabha…

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