Mutual Fund, Health Insurance, Fixed Deposit & Investing in India
May 17,2012 | Last update 4 minutes ago

Moneylife Blog


http://issuu.com/moneylife/docs/content161?mode=embed&viewMode=presentation&layout=wood




voluntary

Got a Question
Q: Hi, I have a question about Liquid Funds. How safe is it to invest significant amount of money (say around 10 lakhs) in Liquid Funds compared to savings bank deposit? What factors should be considered in choosing a Liquid Fund? Can you advise on which liquid funds are the safest to consider? Thanks!
Q: I have few investments in mutual funds -SIP and lumpsum- please advice whether to continue or exit at this moment- 1. MORGAN STANLY ACE FUND 2. AXIS LONG TERM EQUITY 3.FRANKLIN TEMPLETON BLUE CHIP 4.J.P MORGAN INDIA EQUITY 5. RELIGARE CONTRA FUND
Q: Dear Sir/mam, I am taking homeloan from HDFC.Do you think that homelaon insurance is needed.The loan amount is 8lacs.Please also suggest suitable insurance products to cover the risk. Thanking you, Kind Regards, Rakesh
Q: i want to take a term insurance with accident disability rider in LIC but there is no rider option available, so will it be a good decision to take a term insurance from LIC and personal insurance from any gov owned insurance company. Kindly suggest. regards Sanjay.N
Q: A well known stock broking company (Raligare) approached me and asked me to invest a lump sum with a promise to multiply money. With the greed I invested Rs. 510,000 and signed an agreement without knowing the complete details. I invested the money by May 2009 and by August the value was reduced to Rs. 45,000. When I approached the higher authorities by then without any sympathy they were telling they were not God to multiply the money. They question how can I rely the words of an employee who was just getting a salary of Rs 20,000 a month. further they simply said that I shall approach SEBI or any other regulatory. Is their way of dealing with their customer right? I know I will not get back my money. But I do not want some other common man like me to loose his money like me. Can you do something to help the common man? I am ready to provide details if needed. I contacted SEBI but it was on no use. Though it is 2 years old I want to share it with you.
Q: I am 42 yrs old. i would like to choose and invest best retirement plan. i can invest approx 70k per annum for 15 yrs. Expecting good return after 18 yrs. Which is good plan. Kindly advise.
Q: i am investing 7000 pm in hdfc top 200 how much i get after 30 years
Q: What kind of Mutual funds are good for the short term period of 6months - 1 Year where we can expect decent returns. And are MIP's good ?
Q: I want to invenst in PFRDA NPS scheme, my age is 37 years, how much i can ivest monthly and how much i can get after 60 years.
Q: want to invest Rs 20000-25000 per year in insurance. plan ULIP premium paying term 5 year/ pls suggest best available ulip plant with 5 year premimum paying term
child plans coverpage1.jpg free for lucky few free for lucky few


featleft_pathbreakers

RSSRSS Feeds
Subscribe for Updates
RegisterRegister Now!
Login
For Advanced Access
NewslettersNewsletters
Free Daily Updates
Kensource StocklettersKensource Stockletters
Subscribe Now!

What's HOT?
Knowledge Series Books
Pathbreaker Series
Gift Subscription

Shopping
Moneylife Event Reports
Moneylife Events

.Moneylife Foundation held a workshop on 'Detoxify your body the truth about chelation therapy' on 7 April 2012


.Moneylife Foundation held a workshop on 'Democracy at Crossroads need for Electoral reforms' on 27 March 2012


.Moneylife Foundation held a workshop on 'International Women's Day' in Goa on 10 March 2012


.Moneylife Foundation held a workshop on 'Gold all told' on 28 February 2012


.Moneylife Foundation held a workshop on 'Charge up your Moneylife' on 25 February 2012


.Moneylife Foundation held a Screening of ' The Journalist and the Jihadi- The Murder of Daniel Pearl' on 18 February 2012


.Moneylife Foundation held a workshop on 'A Holistic Approach to Wellness & Health care' on 7 February 2012


.Dr Subramanian Swamy at Moneylife Foundation's 2nd Anniversary program


.Noted lawyer Parimal Shroff speaking on Housing regulation on 25 January 2012 at Moneylife Foundation


.Moneylife Foundation held a workshop on 'Investor Empower Yourself held at Hyderabad' on 22 January 2012


.Moneylife Foundation held a workshop on 'using RTI effectively in the financial sector' on 17 January 2012


.Moneylife Foundation held a workshop on 'How to be safe and smart with your money' on 10 January 2012


.Moneylife Foundation held a two-day summer special workshop on Financial Literacy on 20th and 21st April


.Moneylife Foundation held a workshop on 'Brokering News'on 20 December 2011


.Moneylife Foundation held a workshop on 'Investor, Empower Yourself' in Pune on 17 December 2011


.Moneylife Foundation held a workshop on 'Investing abroad opportunities,risks and taxes' on 13 December 2011


Citizen right.Moneylife Foundation held a workshop on 'Citizens right to grievance redress bill' on 24 November 2011


mlbanner

About Moneylife
Contact Us

Moneylife » life » lifestyle-leisure » cold-wave-cheers-wine-grapes-while-table-grapes-turn-sour
 
Cold wave cheers wine grapes while table grapes turn sour
February 21, 2012 05:49 PM | Bookmark and Share
Alekh Angre

The freezing temperature brought cheers to wine grape farmers and wine makers while the table grapes growers are reeling under huge losses

With the severe cold wave, witnessed across Maharashtra, taking toll on the grapes production in Nashik, you may not be lucky to get those sweet-sour-tangy fruits, or pay extra to relish them. Instead, a glass of wine, would make up for your sacrifice.
 
The freezing temperature has cheered the wine makers, while the table grapes growers are reeling under huge losses. Reason? The vintage 2012 of wine grape is all set to raise the quality of Indian wines. At the same time, table grapes that are consumed by everyone, have lost their leaves and subsequently its sugar content due to cold conditions.

Nashik district of Maharashtra, popularly known as country's wine capital, accounts for about 75% of the total national production of grapes. While the table grape crop destroyed is as high as 70%, there is very little impact on wine grapes. Instead, experts see this production as one of the best in recent times.
 
"Since last two years harvest has been bad due to unseasonal rains. During the souring and berry stage (ripening) the harvest was attacked by lot of diseases. This year, winter has helped for healthy produce. Though the production has not seen any increase and the harvest was delayed, the quality will definitely be one of the best we had seen. Wine grape, this year, will have perfect balance of acidity and sugar, essential for making high quality wine," said Sachin Darawade, operational manager, York Wine.

Concurs Avik Narula, assistant operational manger, Fratelli Wines, the only vineyard in Nashik located on a hilly terrain. "The crushing for this season has already begun. This year's quality is very fine."
 
Past two years has been bad for the sector. With unseasonal rains playing havoc, there was 30-40% loss in the production. Subhash Arora, a wine expert and director of Indian Wine Academy writes, "After three miserable years for the Nashik growers suffering vagaries of nature and unexpected, out-of-season rains in November resulting in extra labour costs and extensive damage to the crops, the region has seen a perfect weather that is expected to yield both higher quality and quantity than the last three years."
 
Mr Arora says that according to Neeraj Agarwal, chief viticulturist at Sula Vineyard, Nashik, Sula had a crop of 5,000 tons from its own vineyards and the contracted farms last year but expects a bumper crop of 6,000 tons and that too with excellent quality.

Meanwhile table grape growers are in bad state. According to a media report, preliminary estimates indicates that farmers in the Nashik are have suffered losses of about Rs1,300 crore. The table grape has been affected mainly due to the shedding leaves of the plant and the decreasing sugar sap in the fruits.
 
Kailash Bhosale, official from Draksha Bagaitdar Sangh, Nashik, says that, "Due to falling temperature, the water remained on the leaves and fruits, resulting in formation of ice. Leaves were damaged and eventually led them to shed. Some places have seen losses up to 90%. At the grape orchids, where harvesting is still pending, loss of leaves will result in lower sugar content."
 
When asked on why wine grapes are not affected, Mr Bhosale explains that, "Wine grapes, unlike table ones, are grown without using any hormones. For table grapes dipping and spraying of GA is essential, hence they get affected in extreme weather condition."
 
So if you are a grape lover, then this time instead of eating grapes, enjoy your wine- red or white, whichever you like!



Share this article:


Submit your comments

Name * :
Email Id * :
Author Url:
Comment*:
alert me when new comment is posted on this article
Security Code: secure code
Not readable? Change text.

1 Comment
Capt Ashok Malkani 3 months ago
This is indeed good news.. I understand that the whites will be superior, the reds did not get enough sunshine. Is that correct ?

In the final result, I hope that the prices do not go up, on reports of a good vintage !!! That will turn the wine to vinegar.
» Reply » Link » Report abuse
What's Hot
From this section

  • Thrills and perils at the front desk
    The hectic work at the front desk meant staff being alert all the time, but despite this there were some goof-ups that were resolved without much ado. The 34rd part of a series describing the unknown triumphs and travails of doing international business
  • Settling down in the Courtyard
    Working at the front desk meant dealing with “oversold” situations and tricky guests. The 33rd part of a series describing the unknown triumphs and travails of doing international business
  • Beginning hotel life at the Courtyard
    Though the author had stayed in some of the top hotels in the world as a guest, this was the first time he was on the opposite side of the table, taking care of the guests. The 32nd part of a series describing the unknown triumphs and travails of doing international business
  • Let’s go west: Landing in the US
    After a long stint in the Middle East, the author lands in the US in 1997 and takes up an odd job before looking at other opportunities. The 31st part of a series describing the unknown triumphs and travails of doing international business
  • Uneasy truce at the office
    It was time to bid adieu to the garment industry and go west; to remember the desert and invite the snow! The 30th part of a series describing the unknown triumphs and travails of doing international business



What's Hot
Recent Additions


RIL does not hold stake in any media company – True or 
It may be true that on paper, RIL does not hold any stake in any media company, as the minister stated in Rajya Sabha. However, the Reliance group now openly controls Eenadu TV
Did New India overcharge lakhs of policyholders? – II 
New India Assurance admitted that a software glitch resulted in overcharging mediclaim premium, but has dragged its feet on providing information. It now says that it gave a wrong
Daily cleansing for the mind 
Breathe away to happiness and glory! Bath for the mind consists in daily replacing our negative thoughts like hatred greedy, jealousy, anger and pride with positive thoughts like
Did New India Assurance overcharge lakhs of mediclaim 
Is New India Assurance sitting on crores of extra premium collected due to a software glitch? It does not even know how many policyholders paid excess premium and is stonewalling
President Pratibha Patil’s luxurious home continues to 
The 2,42,000 sq ft of land in Pune returned by President Patil is to be ‘suitably’ used for an alternative purpose. Communication from the ministry of defence is


bulletMost Popular




Moneylife Shop

pathbreaker-1-New.gif Pathbreakers
Pages - 223

List Price - Rs.1200
Our Price: - Rs.1000
Plain Truth_Stock Investing.jpg Plain Truth about Stock Investing
Pages - 96

List Price - Rs.125
Our Price: - Rs.100
Plain Truth_Mutual Funds.jpg Plain Truths about Mutual Funds
Pages - 104

List Price - Rs.125
Our Price: - Rs.100
Plain Truth_Investment.jpg Plain Truths about Investments
Pages - 115

List Price - Rs.125
Our Price: - Rs.100
Plenty more interesting articles in the ML Store inside, Gift it to someone else or yourself!

Go to Moneylife Shop
Moneylife
Navigator

Subscribe to Moneylife | Send a Gift Subscription | Visit Moneylife Store | Offers & Promotions | Moneylife Newsletter | Useful Resources

Newsviewer | Commentary | Markets | Companies & Sectors | Investing | Personal Finance | Small Business | Life

Moneylife Home | Moneylife Magazine | Moneylife Shop | Corporate Moneylife | Contact Us


Moneylife - Mutual Fund, Health Insurance, Fixed Deposit & Investing In India
© 2009-12. All rights reserved by Moneywise Media and it's subsidiaries.

No contents of Moneylife.in website or Moneylife Magazine shall be reproduced without prior permissions from the authors of
Moneylife.in website and/or publisher of Moneylife Magazine.

You are bound by Terms and Conditions for using this website any further this point.
We maintain standard guidelines of User Privacy and may not disclose private user information to third parties.

Write to Moneylife webmaster for all the questions, reports and complaints pertaining to this website.

DISCLAIMER: This article is written purely in the public interest. While every attempt has been made to ensure that the information provided on this page is accurate, Moneywise Media Pvt Ltd and its group companies (together called as ‘Moneylife’) will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through its site(s).