Monday, January 23, 2012

Indian teacher shocked by his $10 billion bank balance

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Mumbai: An Indian teacher had a pleasant shock when he checked his bank balance recently. When Parijat Saha checked his bank balance online last Sunday, he least expected to find $10 billion in the account. Read More................Indian teacher shocked by his $10 billion bank balance


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Saturday, December 01, 2007

6,800 dollars for a car number plate!

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How much money are you ready to cough out from you pocket to get a car number plate of your choice? Can it equal the amount of nearly fetching a brand new car? Rohit Nagpal of Ludhiana left many of his fellows gasping during an auction when he made the highest bid vouching for a VIP number 0001 with 272,000 rupees! The second highest price with rupees 92,000 was for 0009. Read more........6,800 dollars for a car number plate!

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Monday, November 19, 2007

India curbs tourist dollars

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In an interesting move Indian authorities have ruled that tourists visiting the country's monuments must pay at a fixed local rupee rate rather than in dollars.

Entrance to many local tourist sites is priced in dollars and then converted to rupees, causing authorities to lose money as the dollar slid more than 12 per cent against the rupee.

The Ministry of Culture said that the latest move was "to avoid any anomaly on account of falling exchange rates of dollar vis-a-vis rupee and consequent fall in revenues".

The government had fixed a $5 entrance fee for World Heritage sites like the Taj Mahal and $2 for other monuments at a time when the dollar was worth about 50 rupees.

The dollar is now worth around 39 rupees. The new rate for World Heritage Sites is fixed at 250 rupees ($6.50).

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