Honda Dream Ride in all new Honda Jazz 2015

The wait is over! Honda has come up with the most anticipated hatch-back of the year, the all new Honda Jazz 2015. And we have tested it. The all new Honda Jazz comes in Petrol and the Diesel variant. So is this the winner?

Yes. The Jazz is a good looking car by any angle. It has large angular headlights which are similar to its big sibling, the Honda City. The front engine grills come with the chrome lining and black elements. At the back, there is silver chrome running across the middle with the Honda logo in it. There are angular lights at the back too giving it the smart looks.

Inside, the Jazz comes loaded with features. The steering wheel comes with the volume buttons and lots of other button which do geeky stuff. There is a touch screen remote control for the AC. There is LCD touch screen for functions like GPS Navigation, Music etc. The Jazz supports all forms of audio systems which means you can even play an electronic guitar using the AUX. The Jazz comes with rear camera which makes bumper-to-bumper parking handy. The speedometer has lighted up with different colours depending on your driving style. But is it practical?

Yes. There are plenty places keep bottles. The Honda Jazz comes with 354 liter boot which is awesome for a hatchback. The back seats can be completely folded which makes it a van. The ‘van’ Jazz can easily carry your monthly grocery and around 6 trolley bags. The front rear seat can be folded too and it can give you business class experience. The Honda Jazz 2015 gets 10/10 in practicality.

Under the bonnet, the Honda Jazz comes with 1.2 liter engine. The Jazz gives smooth ride and the automatic model would be the best buy for Indian cities. The jazz swiftly goes around the corners.  The gearbox feels smooth which makes it a smooth drive.

The Honda Jazz 2015 starts from Rs 5.6 lakhs ( ex – Mumbai ) and runs high on practicality. Both petrol and diesel variants saves your cost. When you drive the new Jazz, the interiors and the exteriors feel sublime. The Honda Jazz 2015 is the best ever hatchback ever made. Honda Jazz 2015 stands above the competition.

By - Chaitanya Kulkarni ( twitter.com/chai2kul )

Saudi Arabia Open For Foreign Investors

The largest country in the middle east, Saudi Arabia has decided to open it's Tawadul (Stock Exchange) for foreign investors. The Saudi Arabian stock market capitalisation is around $528 billion which about two-thirds of Saudi GDP. The move comes after steep decline in oil prices in 2014. Saudi Arabia no longer want it to be an oil dependent economy. It aims to attract foreign investemnt through it's Tawadul and smart cities like King Abdullah Economic City. The steep decline in oil price has affected Saudi Arabia economy by about -2.7%.

The reforms comes at the right timing. Saudi Arabia's economy has doubled since 2006. The total value of FDI resulted to around $208 billion by the end of 2014. Financial services are improving as much as 65% of women having a bank account (this is a big deal). Insurance premiums have grown by around 20%. According to the Telegraph, the best stocks to invest in are Saudi Basic Industries Corporation, Saudi Telecom and National Commercial Bank.

Foreign Investors also have plenty reasons to stay out of Tawadul.

They are :  1) Growing influence of ISIS.

                 2) War with Yemen

                 3) Greece Bailout

                 4) Saudi Arabia's fiscal deficit

                 5) India and China look more promising.

By - Chaitanya Kulkarni ( twitter.com/chai2kul )

Are Mobiles Worth Your Money?

Humans are on the constant quest of communication. We are monophobic and smartphones have become our tool. Mobile is one simple solution to hunger, shopping, dating, emergency and pretty much of everything. A 3 year old might not know ABCD or 1 to 10 but the kid knows how to download a game from Play Store. One might say that mobiles are making our lives easier. But I think it's making us vulnerable. A perfect example of it is mobile networks getting jamed during a terrorist strike or a festival. We are addicted to quick in-hand data. This stupid 5 inch pocket device has ruined our lives. Debates have been taken over by stupid Whatsapp forwards. Dumbos have become a part of Al Qaeda by sending fake messages on bomb blasts and accidents. And the fucking cost of this pocket device is equivalent to a motorbike or even more.

Sadly, these too big to handle devices have become a part of our style statement. Narcissists pleasure themselves while looking at the front camera. People with boring lives are busy filling up things on their facebook wall. Showing off your fancy device has become a sign to avoid contact. 

The myth of digital superiority is the result of expensive marketing strategy. Mobiles these days come with storage capacity upto 128GB. We have Octa Core processors with 3 GB RAM and other geeky stuff like quick charging, GPS, Gaming chipsets blah blah blah. But even after constant attention to R&D, mobile phones suck when compared to Windows XP running computers. The updates are made so scarce that even if you buy an expensive mobile, it will only run for maximum 3 years. This is hardcore Consumerism directly from the factories of Communist China. I hate those tech bloggers who portray Mobile as the greatest tech invention. Mobile Technology is so dependent on its add-ons. A mobile phone needs SIM Card, Internet, Micro SD card, Electricity to operate. It's easy to built an all in one Smartphone but R&D and Marketing department has a reason not to do so. Jet planes, Smart Cities, Power Grids, MRTS Systems, Space Stations have been shadowed by this stupid pocket device which hardly has any contribution towards mankind. Mobile phone has become a Fast Moving Consumer Good.

Consumer pays a hell lot of money for this handy device. The packaging of the phones is not at all Value for Money when compared to other consumer electric items. A mobile phone is packed in 'ecological' paper box cramped with the add-ons. The manufacturers make sure that the device is packed in the smallest and the lightest box to save logistic costs. Device makers just don't give a fuck to the unboxing feeling. Plus there is no cost of installation service. Then what makes mobile phones so costly? It just requires plastic, glass, chipset, screws, software and camera. Motorbikes, Split AC, 4K TV, Desktop Computers, Washing Machines etc are way more cooler and useful devices than mobile phones.

Spending a pile of money for social status is bull shit. Instead, one should rent Mercedes S Class or BMW 7 series and go on a ride on Mumbai Goa Highway. Or a solo trip to Indonesia would be an awesome life changing experience. Stop filling your virtual walls with the artificial you. Spend carefully and enjoy your life. YOLO :)

- Chaitanya Kulkarni ( twitter.com/chai2kul )

This blog post is inspired by the blogging marathon hosted on IndiBlogger for the launch of the #Fantastico Zica from Tata Motors. You can apply for a

Insurance Review : Edelweiss Tokio Life - MyLife+

EdelweissTokio Life - MyLife+ is a non-participating, non linked term assurance plan that covers your life and provides security to your family. This plan is exclusively offered online which means one can buy this policy without annoying middlemen or hectic paperwork.

• Entry Age: The minimum entry age for the policy is 18 years.
• 2 Death benefit options viz. Lump-sum benefit option and Income benefit option: the buyer is free to choose either or both depending on his/her family’s needs, his/her age, and his/her level of financial literacy.
• Lump-sum benefit option: A lump-sum benefit equal to the sum assured will be paid on death of the life insured and the policy will terminate.
• Income benefit option: 1% of sum assured will be paid every month for the next 130 months starting from next month from the date of death.

Let’s have an apple to apple comparison of Edelweiss Tokio Life MyLife+ plan with Aviva i-Life plan.

	Edelweiss Tokio Life MyLife+	Aviva i-Life plan
Min Entry Age	18 years	18 years
Max Entry Age	60 years last birthday	55 years last birthday
Max Maturity Age	80 years last birthday	70 years last birthday
Policy Term	Minimum 10 years  Maximum 80 years minus entry  age	Minimum 10 years Maximum 35 years
Premium Payment Term	Regular Pay	Equal to Policy Term
Payment Frequency	Annual	Yearly or Half Yearly
Riders Available	You can make your term cover    more comprehensive by adding  rider  from the below mentioned  riders:                Edelweiss Tokio Life - Accidental  Total and Permanent Disability  Rider        Edelweiss Tokio Life - Accidental  Death Benefit Rider       Edelweiss Tokio Life - Waiver of  Premium Rider	None

Thus, our pick of the month is Edelweiss Tokio Life - MyLife+. With so many options to choose online, we at The Indian Capitalist think Edelweiss Tokio Life MyLife+ has a lot to offer to the netizens.

Two key needs that the product satisfies – a need for longer term period and the choice of payout options that best suits the buyer’s family.

* This is a sponsored review. I need money too.

By - Chaitanya Kulkarni

twitter.com/chai2kul

e-IPO for Start-ups

Start-ups is the new craze in graduated Indians. With the success of Flipkart, Housing, Zomato etc, everyone wants to be big in less time. With Private Equity firms like SoftBank, Sequoia Capital pouring money into Indian Start-ups, things are looking easy. India ranks 3rd in the world in the number of Start-ups launched in the year. Yet the billion dollar companies and MSMEs were finding it difficult to raise money from the financial markets and High Net Income individuals. Not a single tech start-up is listed on Bombay Stock Exchange and National Stock Exchange.

In a new wave of reforms, markets regulator SEBI is set to herald an e-IPO system to allow investors to bid online in the public offers, while the new-age startups will get a separate platform to raise funds and list their shares with an easier set of regulations. 

Under the new norms for startups, SEBI will provide ‘Alternate Capital Raising Platform’, which will allow such firms to raise funding from institutions and high net worth individuals from the capital markets. However, due to the risks involved, retail investors would not be allowed to invest in such companies. Besides, the entire pre-issue capital would be locked-in for a period of six months for all shareholders

Besides, SEBI would make easier disclosure norms for startup listing. While filing the draft offer document with the capital market watchdog, such firms would only need to disclose broad objectives in line with the major international jurisdictions. The new regulations are expected to help startup companies raise funds within India and stop their flight to overseas markets.

The Securities and Exchange Board of India (SEBI) may come out with a detailed guidelines on electronic Initial Public Offers (e-IPOs) by June end, where investors can bid for shares on internet. Initially, investors would be able to place bids through internet and by using broker terminals across the country as against the current practice of filing long documents.

SEBI may drastically cut the timeline for listing of shares within two-three days of the IPO as against 12 days. The introduction of e-IPO would help eliminate the printing of application forms, help in reducing the overall cost of public issuance and support companies in reaching more retail investors in small towns.

A framework for the use of mobile applications for making bids in public issues may be presented at the board meeting. Under the norms, investors may also get SMS/e-mail alert for allotment under the IPO, similar to alerts being sent to investors for secondary market transactions.

Hope we see Apple, Google or Alibaba coming from India. It would help both – the initiators and the investors.

- Chaitanya Kulkarni

Connect with the author - twitter.com/chai2kul

Shenzhen Stock Market = 175% growth

The global financial markets are still awaiting a bounce back from the global financial crises. A stock market from the city which you might have not heard is making miracles. The Shenzhen stock market in China has rallied over 175% in last few months. The Shenzhen Composite index is up by 100% of a year to date basis. The other counterpart India recently elected its new decisive leader Narendra Modi. Indian Stock Index like BSE Sensex has grown by just 13% in 2014. No where in the world, stock markets see 100% plus increase, its crazy. Shanghai Stock Exchange has also seen phenomenal growth rate. It is up by 140% since May 2014.

Out of 17000 listings, less than 10 are running in yearly negative. If you compare Shenzhen and Shanghai with New York, this how the charts look like.

There is so much interest in the investors that BNP Paribas estimates that 170000 new trading accounts are opened every day. Markets in China have spiked this year even after the economy is poised to grow at 7% which is the lowest after 2008. Investors are confident that Beijing will turn things around. The Central Bank has cut the rates consistently. Economists expect to ease more things in coming months.

103 stocks stocks in Shenzhen Composite reported 300% plus earnings, while the average market capitalization has increased to $3.5 billion says Bloomberg.

Best Performing Companies in Shenzhen Stock Exchange 

Beijing Baofeng Technology Ltd recorded growth of 3821%

1800% growth in 52 weeks 

A 3000% increase in stock also means volatility. BBC reported that a Chinese millionaire lost $15 billion in one hour. These stock exchange can make fortunes and destroy fortune. A stock market which doesn't give a shit about global slowdown, EU/Fed Decision, Oil prices, slowing China IIP Data might be unfair and speculative. A 500% growth stock market, yet unheard by world. The stock bubble will bust soon.

By - Chaitanya Kulkarni
Twitter - @chai2kul

Fault lines - Ecuador in Trouble

Ecuador is known for its oil, coffee, bananas, flower. Mostly known for the liquid gold - Oil. Ecuador's economy is the eight largest in Latin America and experienced the growth rate of 4.5% in the last decade. The unemployment rate has dramatically decreased to 17% from 40% in a decade. Oil was first discovered in 1960s and the proven estimate of crude under the land is around 6.51 billion barrels. Oil accounts for 40% of  Ecuador's export and contributes for the positive trade balance. But things have become complicated since the oil fall. Oil has reached $60 per barrel and this is leading Ecuador towards systematic risk.

After the Banking crisis in 1999, the central bank decided to adopt US Dollar as Ecuador's official currency. The rise in the valuation of USD is hurting the economy too. According to rating agency Standards & Poor's, Ecuador's budget deficit stands at 4.7% and some economists say that it may reach as high as 7%.

Large Public Spending

The newly built Quito International Airport

The oil dependency has helped President Correa to spend on massive public infrastructure. A gleaming new airport, four lane highways, BRTS systems, Metro and rising skyscrapers makes Correa one of the most loved leader in Latin America. Most of its public spending comes from oil hungry nations like China and the United States. Ecuador has borrowed $11 billion from China since 2008 in return of a guaranteed assurance of 90% of its oil export to China. 

China has become Ecuador's second largest oil investor with large investment in oil refineries and mining projects.  But we need to understand that China's economy is in trouble too over excessive public debt. A weaker China means trouble for Ecuador's economy. Ecuadorean citizens seem happy with President Correa for the new public infrastructure but weaker oil, China's fall and the rise in USD puts the economy in the dangerous spot. How long does Ecuador's good times times last? Well it all depends on oil. The future of Ecuador seems uncertain.

By - Chaitanya Kulkarni

Contact with the writer - twitter.com/chai2kul

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