Book Reviews
Life Exclusive
Getting Started in Currency Trading: Currency trading

Want To Buy and Sell Dollars?


Until a few years ago, participation in currency trading...
Premium Content
Monthly Digital Access

Subscribe

Already A Subscriber?
Login
Yearly Digital+Print Access

Subscribe

Moneylife Magazine Subscriber or MSSN member?
Login

Yearly Subscriber Login

Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation
Karmayogi Pratisthan the Able Guide

The one source that a Mumbaikar can tap for information on any civic issue or education, is www.diehardindian.com, a website run by Karmayogi Pratisthan 

 
In the year 2002, after eight years in the US, a young, rank-holding engineer, Gaurang Damani, returned to India, determined to make a difference. He passionately believed that the time had come for India to take its ‘rightful place’ in the world. But it was easier said than done. 
 
In 2003, he set up Karmayogi Pratisthan, a not-for-profit organisation aimed at building awareness and empowering people about how to deal with everyday problems. Karmayoga, in a nutshell, is described as ‘selfless service unto humanity’ and that is what the Pratisthan does through regular blood donation camps, distribution of educational material, school notebooks, financial assistance for deserving students, as well as a host of other activities like beautification of precincts, better traffic management and countering harassment of people through mindless government actions such as unauthorised towing of cars. 
 
Along with this action on the ground, Gaurang decided to use his information technology background to create a go-to place called www.diehardindian.com for absolutely whatever information that a person, especially a Mumbaikar, would ever need in life. So if you need an election card, ration card, senior citizen card, birth certificate, death certificate, marriage certificate, or information on hostels, ambulances, eye banks, helplines or counselling facilities (for AIDs, senior citizens, ragging, abuse, etc) and don’t know how to find it, just log on to the website. That’s not all. If you want to know how to deal with mosquito infestation, dangerously overgrown trees, report traffic issues, learn about rainwater harvesting or file any civic complaint, you can get information and leads on www.diehardindia.com. 
 
The best feature of the website is that it provides names and numbers of all police stations and of Mumbai’s 227 wards. Asked why he had posted contact details of officials, Gaurang says, “Often, we find scamsters posing as municipal officials. They fine people for things like car washing or putting window grills. So if someone intimidates you claiming to be a civic official, you should ask for their ID cards and know your rights before paying any money.”
 
Dealing with the police also tends to confuse and frighten people. So the website informs people about their rights as well as how to file complaints, what is a first information report (FIR) and the difference between a bailable and non-bailable offence and arrest. The same goes for towing and traffic fines, where Gaurang has filed and won a successful litigation against unauthorised towing of vehicles in Mumbai. 
 
Another useful segment of www.diehardindian.com deals with the Right to Information (RTI) Act. It provides practical tips (and samples) on how to file successful applications and detailed guidance on the first and second appeal process. Gaurang is himself a successful user of RTI and has even conducted a clinic on RTI for Moneylife Foundation. A special section covers everything you need to know about buying, renting, repairing a flat or re-developing an entire building. In addition to this, the section includes useful links to government websites for details. 
 
Empowerment through information (including contact details of your corporator, MLA and MP) is Gaurang’s formula to a better society and he is constantly seeking feedback on how to add, improve and update the information provided. How is all this funded? Gaurang says he does not need aggressive fund-raising. The money comes from his own resources and support from friends and well-wishers. Committed volunteers from his locality (the Dadar-Matunga-Wadala-Sion area in Mumbai) invariably join him in various campaigns for blood and organ donations, distribution of schoolbooks or providing medicine to the needy. Donations to Karmayogi Pratishtan are eligible for tax deduction under Section 80G of the Income Tax Act. 
 
If you would like to join the effort, check the website and write to damanig@diehardIndian.com.
 
Karmayogi Pratishtan 
11th floor, Avanti Apartments,  
A Wing, Flat No 2, Opp Gandhi Market, 
Flank Road, Sion (East), Mumbai 400022
 
 

User

Upmove stalled: Weekly Market Report

The Nifty may find its first support at 5,295  

 
The market closed with modest gains in the holiday-shortened week, making it the fourth weekly close in the positive. Global cues and positive corporate news supported the gains. However, the stand-off by the opposition in Parliament is expected to weigh on the market, going ahead. GDP data for the June quarter, which will be released on 31st August, will also be keenly watched by investors.
 
The Sensex closed the week at 17,783, up 92 points (0.52%) and the Nifty settled 20 points (0.38%) up at 5,387. The market is now showing signs of exhaustion.  If the Nifty breaches Friday’s low of 5,371, we may see it finding support at 5,295.
 
Coming back after an extended weekend, the market settled over 1% higher on Tuesday on upbeat corporate news and global support. The market snapped its two-day winning streak on Wednesday on unsupportive global cues and the political stand-off in Parliament. 
 
The benchmarks settled flat on Thursday on pressure from oil & gas and auto sectors. On Friday, the indices settled lower on weak global cues and selling in capital goods and banking stocks.
 
BSE IT (up 3%) and BSE TECk (up 2%) were the top sectoral gainers in the week while BSE Realty (down 3%) and BSE Oil & Gas (down 1%) stood at the bottom of the index.
 
Coal India (up 5%), Infosys, TCS (up 4% each), Cipla and Hindustan Lever (up 3% each) were the top Sensex gainers. The losers were led by Bharti Airtel (down 5%), Reliance Industries (down 4%), Hindalco Industries (down 3%), Larsen & Toubro and Tata Steel (down 2% each).
 
The Nifty was led by Ranbaxy Laboratories (up 7%), Coal India (up 5%), Bharat Petroleum Corporation, Infosys (up 4% each) and TCS (up 3%). The key losers on the index were Bharti Airtel, Reliance Infrastructure (down 5% each), RIL (down 4%), Axis Bank (down 3%) and Hindalco Ind (down 2%).
 
Retail inflation declined marginally to 9.86% in July due to lower prices of spices, cereals and its products although prices of vegetables remained high during the month. Based on the Consumer Price Index (CPI), the inflation for June 2012 was revised downwards to 9.93% from the provisional estimate of 10.02%.
 
The deadlock in Parliament is set to enter the second week with no signals of a thaw emerging between the BJP and the government on the CAG report on coal blocks allocation issue. BJP leaders are contending the Coalgate issue has presented them the best opportunity with the CAG speaking of “undue benefits” of Rs1.86 lakh crore in coal block allocations.
 
On the international front, US Federal Reserve chief Ben Bernanke in a letter to a Congressional oversight panel said, “There is scope for further action by the Federal Reserve to ease financial conditions and strengthen the recovery.” His speech at the annual symposium in Jackson Hole, Wyoming, will be keenly watched for further action from the country’s central bank.
 
Meanwhile, Greek prime minister Antonis Samaras on Friday said that his country does not need additional funds, but “time to breathe” so that it can return to growth.
 

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)