All posts by VD

Business, Finance, General

Examining The Financial Trump Rally

Examining The Financial Trump Rally

 

Trump Rally

 

 

 

 

 

In the early morning of November 9th, 2016, Trump was declared the President of the United States after Hillary Clinton conceded. For business men and women, especially those in the stock business, this was a defining moment, and as seen with every President, there are economic effects that have to be felt.

 

Within a couple of days, stocks began to rally and the dollar was strengthened to levels that haven’t been seen for over a decade. Trump’s economic agenda might be among the reasons that saw the strengthening of the dollar, or it might be his economic policies that have increased investor confidence.

This effect has now been named after the man to whom it is owed, and it is known as the Trump Rally. No, not the rally as it relates to protests or large gatherings for Trump supporters, but the one in terms of finances.

Lou Dobbs Commentary:

What exactly is the Trump Rally?

The Trump Rally is the positive effect on the economy that the election of Donald Trump as President has had. Just when it was clear that Trump was going to win the election, the stocks fell by about 5% on the evening of November 8th, and a number of people predicted that the market might crash if Trump wins the presidency.

On the morning of November 9th, when Trump was to give his acceptance speech, the stocks were still quite low. However, the stocks rose significantly and by the end of the day, the stocks had not only recovered the losses from the previous day, but they had also risen by 1%. This alludes to the economic policies that Trump has, which are seen to favor investment.

[Donald Trump News For Internet Entrepreneurship]

There has been quite a race in the stock market, and most countries have joined in the rally. Europe has been rallying as well, and the effects seen in most of these markets are figures that have not been seen for a long time. In just three and a half months, the stocks indices have lifted by a whopping 10%, a level that has not been seen in the last thirteen years.

[Forbes: Wall Street-Friendly Era]

The reasons behind the rallying are varied, and everyone seems to have a different opinion. The first speculation is the economic promises by President Trump. These include the promise to cut costs, less strict business regulations and turning infrastructure into a tax incentive. It could also be that the economy is getting better under the leadership of President Trump. Whatever the reasons, a lot of investors are riding the Trump Rally in an effort to increase their profits.

Video Commentary From AvaTrade

How Investors are Taking Advantage of the Trump Rally

With increased confidence in investment, there has been a race to gain using the Trump Rally. Stock rallying has been the method through which investors have been riding the Trump Rally.

The Trump Rally has been characterized by an increase in the purchase of stock. This increase in the stock trading has been as a result of increased investor confidence, which has directly led to an increase in demand for stocks in the market. An increase in capital and investments for companies have been realized, rising to up to as high as $100 million. Shareholders are releasing their shares at very high values, and investors are scrambling to get these shares.

However, there is quite a number of risk associated with the Trump Rally. First, it is not known to be permanent or a temporary occurrence. The investors are mostly dependent on the enactment of the promises made by president Trump, including reduced taxes and reduced restrictions on investments. The fear is that if these promises are not upheld, the investors run the risk of losing the amount of money that they use to invest.

TheStreet Discussion On Tech Stocks:

The other threat is the threat that the market will falter just as fast as it gained. At the moment, the stock market is riding on the crowd effect towards investment. The first person was driven by Trump’s promises, the second person was driven a bit by Trump and a bit by the first person, and now everyone is riding on the high that is the crazy number of investments. The fear of this is that this is a house of cards, and the slightest falter in confidence might lead to a crash in the market, back to the values from before the election, or even lower.

The Role of Online Investing and Trading

Online investment is the buying and trading is the buying and selling of stock electronically, and it plays a major role in everyday investment. You should read this post for further details regarding online investing.

Online trading is important for several reasons. First, online trading can play a role in your overall financial plan. If you buy and sell stock regularly, and you do it well enough to earn you some regular amount of money, you can add it to your financial plan. Secondly, with online investment and trading can be practiced as a side hustle, away from your main job. A knowledge of the stock exchange and trading values is necessary, no other knowledge is necessary.

There are three major ways through which you can participate in online trading. These three ways also are playing a major role in the Trump Rally as well. They are Forex, Bitcoins trading and Penny stocks.

Forex trading is a global market where different countries trade currencies. When visiting a new country, you are expected to use the currency of that country, and therefore, you change your dollars to, say, South African Rand. The amount of money you get when trading while getting into the country may be 13.22 Rand. While leaving the country, you need your dollars back, and while trading, you might be required to give 13.27 Rand for a dollar. This is foreign exchange. On a larger scale, a person may buy and sell the South African Rand, depending on how much it is trading against the dollar.

Foreign exchange can be done online, and in the Trump Rally, the investors have been riding on the strength of the dollar, buying it at very low prices and selling at relatively higher prices.

The role of bitcoins in the Trump Rally, which is traded online as well, cannot be understated. Bitcoin is a digital currency that can be bought, sold, saved and even cashed. During the Trump Rally, the bitcoin has been seen to stabilize due to an increase in investor confidence. Before Trump got elected, the bitcoin was trading at below $1000, but has stabilized and is now trading at approximately $1185.

Penny stocks, also traded online, are stocks with relatively higher risks and higher speculations, and they trade outside the major stock exchanges. They lack liquidity and are mostly traded over-the-counter, even though they are traded online as well. Riding the Trump Rally, investors have been buying penny stocks, due to a relatively safer cushioning. However, most investors have been hesitant, because, either way, penny stocks are high risk.

This just goes to show just how much the Trump Rally has been good to online investment and trading.

In conclusion, the Trump Rally is great for the American market and everyone working in it. The rush for gold is real, and the high demand is great. However, the uncertainties surrounding this rush are just as many, and the best course of action for any investor is to wait and see where this goes, and when there are fewer uncertainties, then invest.

India, Technology, The World

On Mobile Usage in India – All the Facts

On Mobile Usage in India – All the Facts

Mobile Usage in India

What is not so well known about the long running war between iPhone and Android is that India is where the battle between Apple, Google and Samsung is being played out, with frantic intensity. India is the world’s fastest growing smartphone market, according to Gartner, with smartphone sales growing by 166.8% this year and accounting for 53.6% of the new mobile devices sold this year.

Mobile Usage Challenges

India may have been slow at providing basic amenities for its people – still a large number of households in India, especially in rural Indian and in urban slums, do not have access to drinking water or proper toilets. Still, a significant percentage of Indian children suffer from malnutrition and in many ways, the country is still technologically backward, suffering from a creaking infrastructure. But if there is one area in which India shines, and shines really brightly, it is in the national mobile device usage.

There are 1.25 billion people in India and according to the Telecom Regulatory Authority of India (TRAI), India’s premier telecom regulator, there are as many as 933 million mobile phone connections in the country. Which means that the mobile device usage in India is particularly high for what is still a very poor country.

Udemy- Online Courses

But that is not the full picture about the mobile device usage in India. The caveat here is that the number of unique mobile phone subscribers in India is actually less than half of the estimated number of 933 million total subscriptions. This is because Indian mobile phone users have an average of 2.5 sims registered in their names. While the sim penetration in India has reached almost 75% of the population, the mobile penetration has only reached 35%. There are more mobile phone subscriptions than mobile phone devices.

Promising Outlook For Mobile Usage

The anomaly is because the telecom market is highly competitive in the country, with half a dozen well established telecom companies battling it out for the attention of a vast population that grows richer and less poorer every year, and has more disposable income to spend, year after year. There is no question that many Indians are poor, but things are changing fast, and there is now no doubt that the country is on the right track. The fast growing mobile device usage in India is one of the biggest signs of a new wave of prosperity.

So to cater to the growing demands of a vast market, the big telecom companies in India, such as Airtel, Vodafone, Idea, Reliance and Tata DoCoMo and to survive the tough competition try trick in the trade to attract new customers, offering freebies and great deals for subscribing to their connections. This, coupled with the really cheap smartphones available in the country has spurred the mobile phone usage in India like nowhere else in the world.

The smartphone market in India is another huge success story. While there were 113 smartphones sold in the country by 2013, and proceeding year – in 2014 – the smartphone sales have been estimated to have increased by 166.8% – a truly remarkable growth. While iPhones are getting increasingly popular in India, the real battle for the attention of the Indian consumer is being played out by the various makers of Android phones. While Samsung still lords over the smartphone sales in India, it is facing great competition – not from Apple, Nokia or Lenovo – but from Indian manufacturers such as Micromax, Lava and Karbonn. Micromax has been a great local success story and its great success against Samsung has been widely covered in business publications in the country.

Also interesting is the fact that more people in India use internet on their mobile phones than on their desktop. The internet penetration in the country (for desktop usage) is still quite low, which is being made up by increasing smartphone sales.

Mobile Usage For Social Media

Facebook and YouTube are hugely popular in India and account for bulk of the internet usage on mobile devices. Facebook claims to have 100 million users in the country, of which 84 million are said to use it only through their mobile phones.

Another interesting fact which suggests just why mobile phone usage in India is so critical is that over 90% of Indian mobile phone users claim to do research on a particular product on their mobile devices before placing an order for it online.

Lastly, an overwhelming majority of mobile phone subscriptions in the country are pre-paid connections (93%). Not just poor or middle class Indians, even the rich prefer to have pre-paid connections because of the mistrust associated with postpaid subscriptions, where the telecom companies are known to make frequent mistakes with the billing.

Finance, Technology, The World, Websites

eToro Review The Social Trading Giant

eToro Review: The Social Trading Giant etoro review

 

Here, we’ll get into an eToro review of the largest social trading website in the world. But first, for the unaware, let’s start with the basics.

Social Trading Platform

Social trading is the process via which investors use online data and financial content sourced from a multitude of web applications as the main source to drive financial decisions. Etoro introduced a new way to trade on the internet. In 2010, the company launched OpenBook, which is a crowdsourced investment platform. Using this platform, it is possible for first-time or inexperienced traders to copy the transactions of top investors in the foreign exchange marketplace.

 

Comprehensive eToro Review Video

 

EToro Revolution

EToro is widely considered the first and most advanced social trading platform. Subscribers have an immediate in with a community of experienced traders, as well as a social network within the investment world. EToro provides all the tools needed to trade in the modern marketplace. The platform enables you to:

  • Perform retail trading on the open market
  • Observe the other traders and copy their transactions
  • Use Copy Trading feature on the platform to automatically duplicate all trades made by your selected traders you choose

How it Works

EToro compiles the activity of all users and shares it with the entire community. This works like a financial transaction social network. Users can even like, comment and share on a user-generated feed.

Every trader gets assigned a public profile, which is open for consultations. Your performance is public and everyone can follow everyone else and replicate them.

EToro’s Performance Data

Once you’ve found a Professional Investor you want to copy, just click on their name. This brings up their profile, portfolio, stats, open trades, even their history and investment friends. This screen displays live trading feed of the trader. You have access to each live trade and any comments from other social traders, some of whom openly discuss their own trades. This is a tremendous opportunity for newcomers to learn the lay of the land.

EToro is second to none when it comes to the ability to quickly share information. Every investor can follow selected traders without copying trades automatically.

Video Example of Copying Top Traders

 

Markets Section

EToro Markets displays all products, such as currency pairs and stocks, that can be traded via CFDs (contract for difference, a contract between a buyer and seller that pays the current value minus the value at contract time).

Copy Trading

Generally, CopyTrader is an eToro tool that allows subscribers to choose a trader to copy and select an amount to copy for investments. You can watch how your account performs using this strategy. Here is additional information to consider before trying out this feature:

  •  Minimum investment is $100. Maximum investment is $500,000.
  • You can follow a maximum of 100 traders.
  • Minimum amount for copying is $1.

EToro Search Feature

This functionality lets you search for people or stock symbols and returns information on trades pertaining to the search criteria. The Top 100 traders, holding the most profits realized in the current week, are displayed. Here, you can review 10 instruments (indices, currency pairs and commodities) that they are trading at the moment.

EToro Advanced Search

Advanced Search filters on eToro help you figure out your favorite traders. The feature includes a risk level filter. You can search profiles by Average Position, Weekly Drawdown, Gain, Leverage, Winning Weeks, Win Ratio, Exposure and Min. # Trades.

social trading platform
Click image to browse eToro’s Social Trading Platform

Tips for Investing on eToro

  • Don’t always pick traders with the highest returns. Opt for frequent investors over “one hit wonders.”
  • Look for consistent, long-term returns, say 10-20% over the past six months.
  • To start, be conservative. Take advantage of the filtering tools to find traders with low-medium average risk
  • Diversify your investments over a bunch of traders; you can follow up to 100.
  • Etoro has real-time stock trading, and many investors who hedge and invest in forex and stocks simultaneously have more reliable long-term performance.

EToro Pros and Cons

Here are some great things about EToro:

  • Has tight fixed spreads
  • Guarantees stop losses and limit orders
  • Does not charge trade commissions
  • Available in four languages
  • Trade in Bitcoin currency
  • Price alerts
  • One click trades
  • Automated trading
  • Islamic and Arabic friendly

These are the cons:

  • Inactivity fee if not active in one year
  • Currently not available for United States citizens
  • No direct market access
  • No scalping
  • No VPS services
  • Charges fees to deposit and withdraw funds

Basically, eToro simplifies the amount of analysis that you have to do as an investor. This is a tool that lets you invest without siphoning through endless graphical performance data.

Some Attributes of Worthy Traders You Should Copy

  1. Their profile feed includes posts that demonstrate market knowledge
  2. Have low drawdowns (how much they’ve been down this week or month) under 10 percent.
  3. Consistent investment won’t have ridiculous returns in a short period of time. Look for long-term consistency, because these are sustainable without being reckless.

Islamic Trading Account

Islamic law forbids usurious interest rates in lending or borrowing money. This includes stock exchanges. The requirements to prevent Riba (usurious lending) include:

  • Stocks must be bought and sold without delay
  • Monies for each trade must be paid for upon the time of the transaction
  • Currencies should be directly moved from the seller’s account to the buyer’s
  • There can be no interest on any trades.
  • If any indication of usurious interest is detected, the contract is void as forbidden (Haram).
islamic forex account
Etoro – Available for opening an Islamic Forex Account. Click image to view site in Arabic

To resolve this issue, a trader can buy as much as his current balance allows or borrow from a broker, who cannot receive any usurious interest rates on the transaction. Also, no interest can be obtained from contracts ongoing for 24 hours or more, which means that the daily rollover of interest has to be zero on a consistent basis.

[A List Of Other Forex Halal Sites Here]

Conclusions

The eToro website is dynamic and easier to use. Looking back through old reviews, it is easy to see how much they evolved and are still evolving. As the first and still premium social trading platform, they have set the bar high and rising. With easy to understand interfaces and constantly advancing tools, this site is an easy “Yes, please.” Starting risks are very low; you can join for $100 and, as long as you make one investment a year, there are no transaction fees.

It is great that they have an Islamic account that respects the Islamic culture in a very straight-forward way. That kind of forethought attracts diversity, which can only improve the social investing gene pool, in my opinion.

One thing I did not see anywhere was the risk of heavy investors manipulating trade. It seems to me that it would be easy enough to band together a with few super investors and create some real chaos. It apparently hasn’t happened yet, so, for now, I am going to enjoy my relatively new eToro count and see how well my performance tracks against my advice.

social trading
Click image to visit eToro, the largest social trading platform
Finance, Technology, The World, Websites

InstaForex Review New Copy Trading Opportunity

InstaForex Review – New Copy Trading Opportunity

InstaForex InstaForex Review

 

With the state of the world’s economy, it is vital that you have control of your financial future. But it is not just a decision that can enhance, it can be as exciting as Twitter! Global business and politics are changing the opportunities that individuals have to improve their finances. Likewise, technology has changed the way to take advantage of the dynamic changes in the markets. Utilizing the strength and global presence of social media, social trading is the opportunity of today, with copy trading becoming one of its best strategic tools.

Becoming familiar with social trading is as accessible as your computer. Over the past 10 years, there has been growth in the presence of online foreign exchange trading sites. In an age of 144-character attention spans, it can be difficult to know where to start to take advantage of social trading. The first step is to find a website with a technologically sound platform, tools to help educate and guide the novice investor, information that support even the most seasoned investor or trader, and user friendly navigation. Whether a beginner or experienced with trading firms, it is time to look at InstaForex. InstaForex is intuitive, information, and in demand.

First, What is Copy Trading?

Copy Trading most simply explained is the ability to benefit from experienced investors transactions to create an investment portfolio using a social trading network. Much like social media, social trading networks provide its members with the ability to interact, exchange information, and broaden their worldview. Within that network, copy trading gives users the ability to identify an investor and copy their trades. This is guided approach to entering the Forex market while reducing the risk. Some of the advantages of using Social Trading include:

Access to Trader’s Information: In the image of Facebook, Twitter or other social media sites, traders’ portfolios are open for others in the network to see. Users in the network can review the investments, track records, and length of experience of traders to make informed decisions.

Access to Multiple Traders: The network capability allows users to ‘Follow’ multiple investors. This provides an opportunity for investors to become familiar with the strategies and successes of a variety of traders.

Access to Training and Support: The best Forex trading sites for copy trading will provide its clients with documentation and training so they may learn the basics about the foreign exchange market. It will also walk them through the investment process and make it easy to follow traders. When planning for which network to use, ease of use should be a driving factor.

Four Things To Consider

Copy trading will allow you to look at the activity of other traders and “copy” their activity. You can choose an amount to assign to that trader and your investment will follow their activity. Most sites allow an investor to copy several investors, and others offer automated copy. When utilizing copy trading techniques in a Social Trading site there a few tips that you should follow to help increase your success.

1) Do your homework is always the first cardinal rule. An investor can focus on one high performing trader to follow or spread the investment across multiple traders. Spreading the investment may allow the added advantage for an investor to take advantage of the expertise of several investors. With either approach, research the traders track record, longevity, and risk score before investing.

2) Start with investments that will not negatively affect your life if you do not make a profit. Make a decision on the amount of time that you are prepared to hold the investments and commit to the timeline. You have an opportunity to conduct trade activity through most sites throughout the day, or hold for months or more.

3) Don’t just copy and follow. Stay informed on the latest news about the currency or company, and seek out the logic behind the transactions for the traders that are being followed or have the potential to follow.

4) All investing has risks. The advantage of a Social Trading site that you have the advantage of experienced brokers and feedback on success and challenges from other investors at your level of experience.

InstaForex Lamborghini
InstaForex often has offered a chance for members to win a Lamborghini. Click image to visit home page.

InstaForex Copy Trading Services

From the moment that you log on to InstaForex.com you see their commitment to your success. ForexCopy, the InstaForex system for copy trading, provides an easy to follow process to allow investors to identify and follow successful registered traders. The system provides access to high end financial services and all the tools needed to get begin investing. The ForexCopy system allows copying orders of successful traders, provides instant execution of copied orders, and enables adjusting a ratio of copying. Investors can monitor statistics on the trading process and strategy on the ForexCopy system monitoring page.

Video Example of the ForexCopy System:

Access to live customer service provides an additional level of assurance of success. InstaForex also offers investment incentives for account transactions including deposits and closing trades. Beyond Copy Trading, the InstaForex system provides access or a wide array of additional investment services and 107 currency pairs.

 

Pros and Cons of Copy Trading

There are pros and cons to investment. It is no different with Copy Trading.

Pros

  • Copy Trading can be an easy way for beginner to enter the trade market. While less effort researching a broker, an investor can take advantage of the wealth of experience.
  • The social dialogue can increase your investment knowledge.
  • The visibility of tracking your portfolio provides an investor the opportunity to manage risks. The monitoring systems provides real-time visibility to the investors’ portfolio, while at the same time allowing the investor to compare results to the performance of other traders. The investor can copy some different easily.
  • With InstaForex, you can start with a lower investment than almost any other site. As you gain experience and confidence the investment level can be increased.

Cons

  • One of the looming concerns is in the UK where the Financial Conduct Authority has contacted companies where they have concerns regarding the effective regulation of copy trading investment managers.
  • Honestly, it’s gambling. Never invest more than you can afford to lose. Following the most experienced trader is still a risk and the investment can be lost.
  • While you will possibly make some money, it can be a very slow growing investment.

InstaForex Site Features

As a part of the InstaForex community, an investor will experience a support variety of services on the website including:

  • Customer support via Chat or call back
  • Community and InstaForex blogs to provide users with information and a dialogue exchange to enhance the trading experience.
  • The ability to trade in Bitcoins.
  • A support system to perform copy trades the gives easy insight to experienced traders.
  • A test account with virtual money, as well as educational video to help train users about the site as the process.
InstaForex Bitcoin
The ability to trade in Bitcoin currency. Click on image for further information.
Consider InstaForex  As An Option

InstaForex provides the systems, support, and technical expertise to welcome everyone to take advantage of a growing area of investing. Now is the perfect time to take advantage of a new and profitable view of the world.

Instaforex Social
Click image to visit home page.
Business, Technology, Websites

Discover How to Make Money with Udemy

Discover How to Make Money with Udemy

How to Make Money with Udemy

 

One cool way of earning extra income is through learning how to make money with Udemy.

Udemy is perhaps one of the best opportunities out there for earning a decent online income. You can make money by teaching almost anything on Udemy. It’s an online community that makes it possible for people to post training programs on their website, for the benefit of learners all over the world.
The learning programs on Udemy are a mix of serious, educational, fun and entertaining. There’s a potential for a lot of money to be made for those posting in the educational segments.

Udemy was only introduced in 2010, which is not so long ago, but already, it has become the most well known names in online education. You will not only be able to pick up new skills on Udemy, you will also be able to make money by teaching other people the new skills that you’re good at. In this post, we discuss how to make money with Udemy.

 What are the popular courses for how to make money with Udemy?

 

You can teach just about anything on Udemy, but the most popular categories are Technology, Sports and Games, Crafts and Hobbies, Business, Health & Fitness, Design, Arts & Photography, Math & Science, Lifestyle, Music, Humanities, Social Sciences, Languages and Education.

Technology is by far the most popular category. There’s a lot of demand for programming languages such as C, C++, Python, Java, etc. There’s a lot of demand for algebra and calculus courses as well. There are also courses that teach you how to start a small business. In all, there are over 21,000 courses that students can choose from.

How to Make Money with Udemy

How to get started making money on Udemy

Anybody can start a course on Udemy. You don’t need any special training or degree as such, but you will need to be an authority in your chosen field. Otherwise, nobody would buy your course. Teachers generally do well here, as they have a lot of experience.
Udemy provides plenty of tools and resources to help you get going, such as:

  • A free online training program
  • Course design and development support
  • A round-the-clock support
  • Mobile App
  • Course Management Tools such as Course Tracking
  • An unlimited number of video uploads
  • Special discount coupons

How to create a course on Udemy

Creating a course on Udemy is quite easy. You will need to plan the course first, then create the content for it. Next step is to follow the instructions to publish the course online at Udemy.

Following that, you will need to invest time and effort on marketing the course. You can promote the course on the social media, on online forums, on authority blogs, video channels and by using pay-per-click advertising.

So, how much money can a trainer make on Udemy?

Udemy allows trainers to keep 70 percent of the revenue generated by them. The best way to make money on Udemy is to teach others what you’re really good at. You are allowed to set your own fees for your courses. You can set the course fees as high as you like, this is entirely up to you.

Most Udemy trainers make $7,000 per year on an average. This represents a continuous stream of income as students join the course at any time. There’s a lot of potential for big money to be made. Some of the popular trainers even make a six-figure or seven-figure income.

You can expect to make anything from $10 to $30 per hour on your courses.

India, Technology, The World

List of IT Companies in India

List of IT Companies in India

List of IT Companies in India

The IT industry is huge in India, accounting for 7 percent of the nation’s gross domestic product (GDP) according to NASSCOM. This is up from 1.2 percent in 1998. The Indian IT industry is a massive job creator and employs 10 million people in the country, either directly or indirectly. It is one of the engines that drive the Indian economy.

[The Role of Women in Modern India]

Here, we have a made a list of IT companies in India for you. For want of space, this list of IT companies in India has only the 10 biggest companies – as measured by their market capitalization or the number of IT personnel on their payrolls. You are probably very familiar with most of the names on this list.

TCS

TCS or the Tata Consultancy Services is not just the biggest IT company in India, but one of the top 5 IT and outsourcing companies in the world. TCS is a part of India’s largest conglomerate, the Tata Group of Companies, and was actually established way back in 1968. It has its headquarters in Mumbai and has its offices in over 40 countries around the world. TCS has a record 325,000 employees on its payroll and offers software services to the Banking, Healthcare, Travel, Telecom, Hospitality and Insurance sectors.

INFOSYS

Infosys is India’s second biggest IT company and has over 195,000 employees on its payroll. Infosys had been on a decline for many years till the appointment of industry veteran, Vishal Sikka, as the CEO changed things around for the company. Infosys grew faster than any other IT company in India in 2015. Infosys offers the following services -Management Consulting, Software Testing, Business Process Outsourcing, Engineering Services, Business Applications and more.

Udemy- Online Courses

WIPRO

Wipro is the third biggest IT company in India, which was started by Azim Premji, who is today one of the richest men in the world. Wipro offers services across the breadth of the IT sector including Cloud Management Service, Data Integration, Human Resource Outsourcing, Testing Service and more. Wipro clients include some of the biggest names in Manufacturing, Automotive, Banking, Transportation and Retail in the world.

HCL TECHNOLOGIES

HCL Technologies is India’s fourth biggest IT company and the #1 challenger to the hegemony of the top three IT companies. HCL is headquartered in Noida and has offices in over 25 countries around the world. HCL offers services such as Network Services, Cloud Computing, Business Process Outsourcing, Testing Services etc. HCL serves some of the biggest names in the public sector, Telecom, Electronics, Retail, Manufacturing and more.

TECH MAHINDRA

Tech Mahindra is India’s fastest growing IT company that was founded in 1986 and serves more than 50 countries around the world. Tech Mahindra offers services such as Software Testing, Web Content Management, Network Services, Business Applications, and more. Tech Mahindra serves some of the biggest names in Hospitality, Banking, Telecom, Insurance and Retail.

IBM INDIA

IBM needs no introduction – it is the biggest IT company in the world by far. IBM also has a huge operation in India, its biggest outside the United States. IBM hires 150,000 IT personnel across the country.

ACCENTURE

Accenture is an American IT company which has major operations in India, with a headcount of over 200,000 IT personnel in its offices across Bangalore, Hyderabad and Chennai. Accenture is an ambitious company and plans to hire more than 95,000 IT personnel in India in 2016.

COGNIZANT

Cognizant Technology Solutions is another major American multinational corporation which offers custom IT, consulting, and business process outsourcing services and has a major operation in India. In fact, 66% of Cognizant’s 217,000 employees are based in India, which makes it one of the biggest employers in the country.

MINDTREE

Mindtree is a young Indian company that makes the list of the top IT companies in India as well. Mindtree has its headquarters in Bangalore and has operations in more than 10 countries across the world. It serves the Banking, Retail, Manufacturing, Finance, Hospitality, Travel sectors.

ORACLE FINANCIAL SERVICES

Oracle Financial Services is a fast growing IT company owned by Oracle, one of the biggest software companies in the world. With a headcount of 15,000 engineers in India, Oracle Financial Services offers top-rated ERP solutions to businesses in emerging countries.

Finally, while nobody can doubt the contribution of IT and outsourcing to the Indian economy, it does seem that the growth of IT companies in India has stagnated a bit because of their failure to respond actively to the new business models in the industry. The future of Indian IT companies depends and their ability to provide more end to end technological solutions to customers across the business spectrum.

Business, India, Technology, The World, Websites

Top 5 Startup Automation and Robotics In India

Top 5 Startup Automation and Robotics In India

Robotics In India

The start-up scene is heating up in India with a lot of new companies doing exciting new things, including in robotics and automation. Robotics and industrial automation are used by companies around the world as they make manufacturing more efficient, reduce costs all-round and save time on almost every process.

The Importance Of Robotics In India

In India, some highly educated and talented engineers have caught the startup bug and are helping the country catch up with the developed world at robotics and industrial automation. India has a distinct advantage here as there’s no shortage of brilliant engineers in the country, looking to profit from their innovations by starting their own companies.

Here are the top 5 Indian startups in robotics and industrial automation to watch out for in 2017

High-Tech Robotics – Hi-Tech Robotics is a part of the Hi-Tech Group, which has been an important player in India’s tech industry for over 20 years. Hi-Tech Robotics specialized in artificial intelligence, automation, robotics and control technologies. It has over 15 patents to its credit and does everything from system integration to requirement analysis to concept development. The company aims to bring robotics to the masses. The automation solutions delivered by Hi-Tech Robotics help manufacturers boost productivity and efficiency in the factory. Hi-Tech Robotics has been working closely with the Indian Army to develop unmanned systems that minimize the risks faced by defense personnel.

Udemy- Online Courses

Grey Orange Robotics – Grey Orange Robotics is creates robots for warehousing and delivers advanced automation solutions.

The company focuses on creating disruptive technologies and delivers sophisticated solutions for logistics and distribution in warehouses. One of the most important products created by Grey Orange Robotics is the Butler System, which makes it easier for manufacturers to handle high-tech materials.

The Butler System improves speed, accuracy, flexibility and productivity at warehouses. Grey Orange Robotics operates from two innovation centers, one on Gurgaon in the Indian state of Haryana and one in Singapore.

Systemantics – Systemantics is a promising Bangalore based startup delivers highly sophisticated automation solutions that replace human labor and handle any tasks that are repetitive, boring and tiring, or even dangerous.  Systemantics has already done a great deal of original research and development on technologies related to the robotic arm, such as servo motion controllers, speed reducers, AC servomotors, joint angle encoders, etc. The company has received financing from top private equity companies such as Accel Partners as well as from many high net worth individuals. Systematics’ most important product is a pick and place robot called Scara, which is capable of performing tasks such as feeding, stamping and stacking – which makes it so useful to the FMCG (fast moving consumer goods) and the pharmaceutical industry.

Sastra Robotics – Sastra Robotics is a Kochi based start-up that develops some highly sophisticated robotic technologies and industrial automation systems targeted at the industry as well as for the purposes of academic research and entertainment.

Sastra Robotics’ best products include…

  • Genibo – Genibo is a robot dog with four legs which can walk on its own. Genibo is capable of recognizing its owner with its “eyes”, it can respond to your words and touch. It even has its own bag of cute little tricks and cuddle up to the owner.
  • Hovis – Hovis is a humanoid robot hit that can be used in 20 different forms, depending on the purpose for which you need it for.

Sastra Robotics offers advanced solutions in circuit design, simulation and verification. Bosch is one of the biggest industrial automation companies in the world and it is one of the biggest buyers of the products and technological solutions made by Sastra Robotics.

GridBots – Gridbots is an Ahmedabad based robotics company that develops products that are used in the nuclear and space industries. The robots and automation systems developed by Gridbots are used to perform inspection, welding and cutting operations in hard to reach spots. Gridbots robots are used by the Indian Army as well, for advanced battlefield tactics and smart reconnaissance missions. Gridbots is one of the most promising new players in the Indian robotics and automation industry.

 

Business, General, The World, Websites

7 Best Swap Free Forex Halal Sites

Best Swap Free Forex Halal Sites

 

forex halal

Traditionally, Muslims were not allowed to participate in Forex trading. Because they charge overnight swaps, the standard Forex trading sites tend not to be compliant with the Sharia Law. For this reason, and more, Islamic (or Halal) accounts are provided by some specific brokerage sites.

These accounts are specially designed for those unwilling to either pay or receive interest fees resulting from their trading activities on a daily basis. Aside from this, Halal accounts do not pay interest on their deposits into the Forex brokers. This is because some brokers offer bonuses and balance top-ups to their members whenever they make a deposit. Simply phrased, Halal accounts are the same as your standard Forex trading account, the only difference being that the Islamic accounts do not offer interest payments or interest fees. Detailed below is a list of Forex sites that offer the option of Halal accounts to their customers with no rollover charges.

[Wall Street Laptop: The Future For Investing Online]

7 Websites For Forex Halal Islamic Accounts

Grand Capital – With allowed hedging, a minimum deposit of $100 and a leverage of up to 500:1, Grand Capital guarantees no losses to its traders when they transfer their positions through to midnight. This broker has more than 350 trading instruments for you to choose from. Grand Capital offers security for your funds by implementing a two-factor authentication after you open your account with them.

They have convenient and ranging deposit options for you to use. Once this is done, you can start making a profit which is available for withdrawal at any time. They are flexible, efficient, fast, and offer multicurrency accounts to their traders.

IQ Option – With a minimum deposit of $10, a 91 percent payout rate, and availability of a demo account; IQ option is a good choice, especially for binary options traders. In the past, this broker has been thought to be a scam, but this is far from the truth. They have a wonderful trading platform, but what makes them stand out is their robot builder feature. This broker, although great, offers fewer trading commodities and not for United States residents. They, however, have a full range of stocks including gold and oil.

XM – The XM forex account is considerably different from other accounts provided by other Forex brokers. As mentioned, most brokers look for alternative sources of revenue by widening the spread on Halal accounts (the XM spreads are at 1.9 pips). This is not the case with XM; this forex broker requires no additional charges on the part of their customers.

The logic behind this is that Muslim traders are forbidden by their religion to pay interest. This is swap-free trading. However, if the interest charge is simply transferred to another type of fee, then it is essentially still there and was never taken away at all. This is swap-free trading in disguise. XM is one of the few forex brokers that is fair and ethical in its ways.

In just three steps, you can open your account at XM and start trading. You will be able to hold your position with no time limit, no up-front commissions, and certainly no swap charges on your overnight positions. XM will offer you real-time market execution, a leverage ratio of up to 888:1, no hidden costs, a minimum deposit of $5, and no re-quotes. You will have access to multiple trading platforms and a dedicated customer support teams to help you in all your trades. The good news is, you will be able to do this within the bounds of Islam.

FX Primus – This broker requires that you deposit at least $100 to start trading with them. The leverage offered here goes up to 500:1. The broker allows hedging on its trades. They offer fast deposits and withdrawals with 0 percent fees, 24/5 live chat customer support, and spreads as low as 0 pips. This broker offers a safe and regulated place to trade. Here, you can be sure of deep liquidity, great trading conditions for you, and no requotes. There are also numerous options for depositing and withdrawing funds from your account.

Etoro –This site has been rated among the top 50 brokers and was found to be one of the best by TheFXView.com. The minimum deposit of $1000 is a bit high, but Etoro is 100 percent compliant with Sharia law. There are no swap fees, and the thousands of Muslim clients can attest to the rest of its advantages. The broker trades in a wide selection of markets including but not limited to stocks, commodities, Indices, Currencies and cryptocurrencies.

With it, great spreads- 2 pips- Etoro has an even greater social trading platform dominated by thousands of successful traders. They even offer the site in Arabic for those traders that prefer it. You can open a demo account to try out the site before you decide to open a real one.

Ava Trade – The minimum deposit at Ava Trade is $1. With markets in FX & Commodity, bitcoin, stocks, and indices and bond CFDs, this Forex broker will offer you a leverage of up to 400:1 with a typical EUR/ USD spread of 3 pips. On request, you will get an Islamic account that permits scalping, hedging, trailing stops, and integrates expert advisors to help you make investment decisions.

Forex Islamic Account

The conditions here are decent with only a few limitations being imposed on the traders. So far, the wider spreads here is the only thing making this site lag behind; otherwise, Ava Trade deals in the most profitable instruments and gives all its customers a fair chance to make profits. If you wish to trade in a wider range of instruments from one place, then this is the broker for you. Their customer support is always alert and always helpful. You can start by opening a demo account to try out the site. With its solid license, the broker will ensure your trading is secure, but not easier.

InstaForex – On this site, you can convert a regular account into a Sharia compliant one as soon as you place a request. Even after switching from the standard account to a swap-free account, the trading terms remain. The least amount one can deposit is $1. The broker, aside from allowing hedging, also allows its traders unlimited time to carry their positions. The leverage here is up to 1000:1.

You get to trade on any currency pair without losing or gaining any amount of money despite the position volume you hold. InstaForex also offers you a chance to extend your swap-free account and open a live trading account. All you have to do is contact their customer care department. The trading instruments offered by this broker are wide- 107 currency pairs, 200 CFDs on U.S. shares and ECN broker services. The broker does not require its traders to have spread so as to trade in the money market. This more than doubles your opportunities to be a successful trader.

Things To Consider In Conclusion About Forex Halal…

Halal accounts have a lot of benefits, but this does not mean that they put you at an advantage over their traders. Additionally, it’s always important to note trading comes with its fair share of risks. Some brokers look for other ways to make revenue aside from charging interest. You may find that some accounts have marginally wider spreads, while others require their customers to make higher minimum deposits. Therefore, choose your broker carefully and ensure you select one that suits you perfectly.

See Also:  Swing Trading Stocks for A Living: Jason Bond Picks Review

Business, General, Technology, Websites

Selling Domain Names For a Living

Selling Domain Names For a Living

 

Selling Domain Names For a Living

 

Selling domain names for a living, or domain flipping, as it is called, is a surprisingly lucrative thing to do. But it’s not as easy as you might think. For sure, domain flipping is much easier than building a website from the scratch.

The idea is to buy domains and sell them at a higher price to make quick money. How much money, you ask? Well, luck plays a big role here, so there’s no way to tell.

Domain selling with Jamie Lewis of Domainer Elite

You can, for example, buy a domain name for $250 and later find out that there’s a company that wants it real bad, and are willing to pay you $30,000 for it. This is known to happen, so the possibilities are limitless.

Selling Domain Names For A Living Isn’t A Get Rich Quick Scheme

But you could also end up buying a domain name worth $500 and have no buyers at all. So it’s not as easy as you think – domain selling requires a fair bit of research and experience. It’s so easy for a newbie to get sucked into buying a domain that nobody wants.
As long as you stick to the principle of buying low and selling high, you should be okay. You should aim to make a 100 percent profit with every domain name you buy. So, if you buy a domain name for $500, you shouldn’t rest till you’re able to sell it for $1000, at least.
So where do you buy domain names? You can buy unregistered domain names on sites such as GoDaddy, NameCheap, Google Domains or Gandi.net.

Domainer Elite

[Best Affiliate Marketing Business Opportunities]

You can buy domain names on many online forums as well, where you will find a number of domain name sellers like yourself. But be careful here, there’s always a chance of getting sold a lemon here – the domain names available here could be really useless or it could be priced too high.

Online auctions at domain clearing houses such as Flippa are the best way to buy domain names. Here, you will find a lot of unwanted domains which people fail to renew for some reason. So they offer such domains to Flippa, which auctions them off for a reasonable price to the public.

Sell Your Domain

 

The best domain name flippers can be found here, and there’s always a chance that you could land your hands on a real multibagger. The bids start at $69 and can go up from there, depending on the level of competition.

You can also find the latest information on upcoming domain name auctions at http://www.tld.org.

Of course, the key to earning a hefty income from flipping domains is to find domains that are in demand. How do you do that? Once you identify a domain name, do your research on individuals or businesses that have similar domains and might be interested in that domain.

You will need to make educated guesses here, and if everything goes right, you will find a buyer almost immediately and will be able to flip the domain fast.

This is something that comes from experience. Every time you buy and sell a domain, you will develop a feel for it and will get better at it. There will be plenty of occasions when you will fail to make any money from a domain. In that case, don’t get disheartened, just move on to the next domain.

There are many domain name sellers who make a healthy six-figure income from this business, working their way up the food chain, having started from absolutely nothing. There’s no reason why you can’t make a decent living from selling domains as well. Go for it!

Business, General, India, Technology

eCommerce Tips for Indians

eCommerce Tips for Indians

eCommerce Tips for Indians

What differentiates a successful eCommerce venture from an unsuccessful one? How do you get more customers and grow your business faster in India? Why do Indian eCommerce ventures such as Flipkart.com, Snapdeal.com and Healthkart.com have succeeded, while so many others have failed?

If you’re thinking of starting an online store in India, the eCommerce tips for Indians given here will be really useful to you and help make sense of the questions raised by us.

It’s All About the UX!

Essentially, all the eCommerce tips for Indians given here relate to User Experience or UX. It is the UX that determines if an eCommerce venture succeeds or not. To understand UX, it is important to know how UX is different from UI or the User Interface – which is the website design.

UI may be compared to an attractive car which looks great, with all the bells and whistles. UX is what drives the car – the functionality and the usability. So, as an eCommerce venture, your success will largely depend on the functionality of your website – how well the payment gateway works, if the items are displayed well enough, whether the navigation functions smoothly enough, if the user review section appears authentic and so on.

[Udemy India: Democratization of Learning]

Who are Your Customers?

Your customers – who are they? Are they men, women, college educated, higher, middle or lower income, are they from metros or are they from small towns in the hinterlands of the country – these are questions every eCommerce venture in India grapples with. It’s hard to know who your customers are in a country like India, which has 1.2 billion people with the sort of diversity that is not seen anywhere else in the world. But you should have some idea of your target customer, what motivates him or her, their passions, interests and dreams. What are they truly looking for and how can your business provide them the value they seek for their money? This is something you should think about very deeply.

Udemy- Online Courses

What Do You Aim to Achieve With Your Venture?

So how would you like your eCommerce venture to look like 2 years from now? What are the values you consider to be important and how can you make sure that your business will hold on to them? There is nothing about the eCommerce business in India that is for certain.

[Flipkart vs Amazon – Let the Games Begin!]

Companies such as eBay, which essentially began the eCommerce revolution in the country have lost out because of a failure to stick to the values that made them popular in the first place – such as great customer service and giving sellers the importance they should be given.

Others like Flipkart held on to their core values, which has led them from success to more success. Companies like Amazon have come to India with a plan and a definite goal, which is why they have had such a great start to their campaign so far.  So what are your plans with your venture?

What’s Your Marketing Strategy?

Most ambitious eCommerce ventures in India spend over one-third of their budgets on marketing. Some spend millions of dollars on TV advertisements, even hiring Bollywood stars and cricketers. Now, this is often a hit and miss strategy. If it works, it does get the eCommerce business a lot of attention and will boost the incoming traffic to their sites by a considerable extent.

But if the advertisements fail to get the public excited, it only means a lot of money down the drain, and possibly the end of the venture. It’s far better to grow gradually and affordably, through Pay-Per-Click advertising and word-of-mouth publicity, rather than to burn your fingers trying too hard to succeed in the shortest time possible.

Getting Your Customers Involved in Your Business

The best eCommerce ventures succeed because they get their customers to get deeply interested in what they do, talk about their services on the social media with their friends, check out the latest deals on a regular basis and be a part of its success. Flipkart succeeded because it built a strong and loyal customer base, people who were never really used to buying online before and found Flipkart to be a safe, reliable and fast way to get what they wanted.

Flipkart’s customers were happy enough to review the products bought by them on Flipkart’s user review section, led their family, friends and colleagues to the website as well, and became integral to Flipkart’s rise. It became cool to shop on Flipkart. While Flipkart’s success is not easy to replicate, there are certainly many lessons to be learned from its success.