23 June, 2010

What are Differences between J2ME and Android?


Nowadays mobile phones are not just for making calls. It has become a handy computer with which you can be always connected to the world (i.e Internet). As the usage of mobile phones increased drastically so the applications for the mobiles are also increasing with the same pace. Earlier writing mobile applications was difficult and was dependent on phone hardware. With the introduction of J2ME the platform independence has come into picture. Which means that a mobile application can run on all the phones in spite of the vendors (like Nokia, Motorola..). The major lacking in the J2ME is that not able to access the low level (Operating System) feature of the mobile phone. The J2ME has got limited access to the mobiles and hence the applications will also be limited.

20 June, 2010

Systematic Investment Plan (SIP)


One way or the other way you want to earn money with some initial capital. There are many ways to invest the money with different levels of risk. One such thing is stock market, when you hear of this you may be afraid thinking it is kind if gambling and it is very risky in investing in stock market. If you are not an expert in stock market analysis and still want to take the profit out of it, there are some one who will be constantly monitoring for you and investing wisely by doing the proper market analysis.


17 June, 2010

Can NRIs open Bank Account in India?


Yes, Non-Resident Indians (NRI) or Person of Indian Origin (POI) are allowed to maintain a bank account in India.
The following are the type of accounts for NRI/POIs.


  • Non-Resident (Ordinary) Rupee Account     - NRO Account
  • Non-Resident (External) Rupee Account     - NRE Account
  • Foreign Currency Non-Resident (Bank) Account - FCNR (B) Account


14 June, 2010

How to get my Credit Rating in India?


    Government of India and Reserve Bank of India (RBI) together established Credit Rating System called CIBIL (Credit Information Bureau (India) Limited) in the year 2000. The basic functioning of this corporation is that it maintains the credit rating of the Consumer barrowers and Commercial barrowers. The advantage of this for the banks is that, before issuing any kind of loans to the individuals the banks shall verify the currently running debts for the individuals or the commercial firms.

List of Banks in India with RTGS facility


How do I transfer money instantly between differently banks in India?

    There is a facility called Real Time Gross Settlement (RTGS) managed by Reserve Bank of India (RBI) with which the transfer of money is done in real time. RTGS transfer is different from NEFT, using NEFT the transfer funds takes one business day where as in RTGS funds will be credited within seconds into the beneficiaries account. But the minimum limit to transfer funds using RTGS is Rs 100000/- and there is no upper limit for the RTGS transactions.