14/01/2017
For the first time in cricket history, Gujarat won the Ranji Trophy title against Mumbai.
IIMR Ahmedabad
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IIMR Ahmedabad
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Located in the city of Ahmedabad in Gujarat, IIMR aims at catering to the industry’s growing needs of top-notch management professionals by providing aspiring young minds with the best of curriculum, facilities and guidance that is available in the country today. The individuals behind this institution are some of the most well-known and respected personalities in the field of education with a ple
14/01/2017
05/01/2017
Dhoni has given so much to Indian cricket from Champions trophy, WT20, WC 2011 to Captaincy, journey just started. He is the best!
19/12/2016
Karun Nair epic 303* created history today in Chennai, congratulations.
14/11/2016
Wishing you a happy Guru Nanak Jayanti
31/10/2016
Wishing Indian Army a happy Diwali & a very happy New year.
31/10/2016
Wishing you & family a very happy Diwali and a prosperous new year.
22/10/2016
India beat Iran to clinch,
the 3rd consecutive title, pls remember!!
www.iimrbschool.com
15/10/2016
Tribute to his Excellency Dr. A. P. J. Abdul Kalam, the Former 11th President of India and a world-renowned Space Scientist on his birth anniversary.
14/10/2016
RULE 72: Simple, handy and useful.
In personal finance, if you divide the number 72 by the rate of interest, you get to know the number of years it will take for you to double the money..
Eg: if the rate of interest is 9%, simply divide the number 72 by 9% and the answer is 8. Thus it will take 8 years to double your money if you invest at 9% p.a. rate of interest.
*INTEREST:* We can use this rule in reverse to know the rate of interest needed to double your money to achieve your set goal.
Eg: If you have 250k today and you need 500k in 5 years. Just divide the number 72 by 5, the answer is 14.41%. Thus you need a type of investment avenue, where you earn at least 14.41% p.a. as rate of interest/returns to double your investment amount in 5 years.
*INFLATION:*
This 'Rule 72' helps you to understand about inflation also. It helps you to calculate the amount of time it will take for inflation to make the real value of money half. Let's say present inflation is 5.5%. When you divide 72 by 5.5% the answer is 13.09 years. That is to say, if you have 100k in your kitty today, it would take around 13.09 years for the value of the money to be halved..
Hope it helps you in your day to day investments and other finance related activities.📈😊
11/10/2016
Wishing you a very happy dussehra
02/10/2016
भारत रत्न लाल बहादुर शास्त्री को उनके जन्म दिवस पर शत शत नमन ।
02/10/2016
Mahatma Gandhi birth anniversary
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