Wednesday 8 November 2017

[www.keralites.net] GOLD JEWELLERY SCAM IN INDIA

 

 Gold Jewelry Scam in India; Be Very Careful,
How Jewelers Cheat Customers
During my childhood days, one of my dad's friends was a Jeweler.
Whenever we used to go for Jewelry purchase, I used to pity on him as i used to think that how this poor chap earn his living. He used to sell gold at market rate i.e. same rate at which he has bought. Now I pity on my thought process as the same poor chap is now richest person of town.
In my opinion, Jewelry purchase is the only domain where females don't bargain at all and women can be cheated easily. I have closely
observed purchase cycle and found out many loopholes in entire chain.
It's very high margin business and customer can be easily fooled to the extent of 35%-40% of total sale value (Which is clean profit margin for jeweler). In my opinion, its not cheating but a fraud in broad daylight. Let's discuss these points in details.
1. Making Charges: The biggest culprit among all. Jewelers can charge making charges up to 40% of sale value. The sale and purchase of Jewelry is a mind game. The Jewelers play with the mind of the customers especially females. This is the smartest trick of any trade. If you have observed closely then most of the salesmen try to convince
accompanying female member specially in real estate and jewelry purchase. Once they gauge the mind then price is being quoted. You
will never find price mentioned on any of jewels unit. Instead of price, some code is being mentioned so jewelry price is not
standardized. Some time back, I visited one of the reputed Jewelers with pan India presence. He quoted price of necklace as 1 Lac Rs. when
I asked him price breakup, he became uncomfortable and told me that no
one ask for breakup. He was trying to show that as if I am some idiot who has come for jewelry purchase for the 1st time. When i insisted, he
gave break up as 70k is value of gold and 30k is making charges. He pitched that making charges are just 30% of this beautiful necklace
but way to look at it is that for 70k asset you are paying 30k making charges i.e. approx 43%. Now you can image the extent of cheating.
2. Gold Purity: The purity of Gold is measured in carat. 24 Carat is purest form of Gold available but you cannot make any jewelry from 24 Carat Gold. 24 Carat Gold can be held only in the form of gold coin or gold brick. 18 Carat Gold means that it contains 18 part of Gold and 6 part of another metal i.e. 75% purity. Purest form of jewellery
is 22 Carat. The Hallmark gold contain Gold Purity seal but to value conscious customers, Jeweler pitch low carat gold and charge high.
Reason for this is customer has particular budget in mind and jeweler try to fit customer's requirement in customers budget with low carat
gold. In this bargain, he cheat customer on Gold Purity. In small towns, still the Jeweler's word is final on Gold purity. They sell 18
Carat gold and charge for 22 carat gold. The oral guarantee of Jeweler in small towns is biggest guarantee for customer.
3. You are Paying Gold Rate for Ordinary Stones: Any piece of jewelry is incomplete without colorful stones. When you are buying
this jewelry piece then jeweler weigh the entire piece and charge @ Gold Price but have you thought that you are paying the price of Gold
for ordinary stones costing few hundred bucks embedded in jewelry.
If you go for exchange of same piece then jeweler will deduct the weight of stones as impurity from total value. Assuming these stones weigh 10% of total weight then at the time of purchase, you are paying 10% extra and at the time of sale, you will get 10% less value. It's a double loss for customer.
4. Wastage: Normally Jewelers charge 5%-7% of total gold weight as wastage during making. It is different from making charges and it implies the qty of gold wasted during making. Trust me not even a single gram gold is wasted during making as Gold can be melted and used again.
5. Jewelry Cleaning: This is complementary service from Jewelers and as customer we thank Jeweler that he is such a nice human being
that he is cleaning jewelry for FREE....Friends, there are no free lunches in this world. For cleaning gold jewelry, the jeweler put
the jewelry in one solution which is basically acid. Whenever gold is put in this acid then gold particles are dissolved in this acid. If you weigh the jewelry before and after cleaning then you will
observe the difference of a gram or few fraction of same. So if jeweler is cleaning 100 pieces in a month then he can easily extract 60-70 gram gold from acid solution which will cost approx 2 Lac today.
6. Converting Gold Coins to Jewelry: Many people invest in form of Gold Coins from bank or jeweler. If you are selling Gold Coins back to jeweler from whom you bought the same then you will get complete value. But if u are selling or converting Gold Coins purchased from bank to jeweler then no one will buy at market rate. Despite being of
24 carat purity gold coins of banks are accepted @ 20% to 25% discount by Jewelers. Gold coins of other Jeweller's are accepted at 5%-10%
discount. Its a heavy loss for customer and nothing less then cheating.
7. Under Valuation of Gold Jewelry: If you buy any gold jewelry worth 1 Lac today then i can bet and give it in writing that no other jeweler will value the same more then 95k at same gold rate same day.
Jewelers tend to undervalue the jewelry purchased from other Jeweler.
I hope that this article will be useful for readers to make informed and correct decision while buying Gold jewelry. You cannot avoid 100% cheating but can minimize the extent of loss by questioning the
jeweler regarding pricing.
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[www.keralites.net] SUGAR CAN DO LOT MORE THAN JUST SWEETEN!

 

Sugar Can Do a Lot More than Just Sweeten!
Besides been the material we love to taste the most, sugar can help out with plenty of other things, and is always worth having around the house. We've collected a few of these uses for you to learn about - you'll never think of sugar as just a sweetener again!
uses for sugar
1. Calming babies:
Studies in Pediatrics show that babies who have been given a solution containing one spoon of sugar and four glasses of water before being vaccinated reacted more calmly to shots than those who didn't.
2. Treating wounds:
A pinch of sugar may help heal many types of wounds. Among them: Pressure wounds, ulcers and cuts. All you need to do is pour a little sugar on the wound and it will kill all the bacteria in the area and even relieve local chronic pain.
3. Treating a burnt tongue:
Sipping too quickly from a scolding coffee cup, biting into a steaming pizza, it's easy to burn your tongue, and that feeling isn't very pleasant. In order to alleviate this uncomfortable feeling, put a little sugar on the burnt area.
4. Body peeling:
Due to its rough texture, sugar can be used as a perfect peeling agent and offer great aid in your grooming routine. A simple peel can be made by mixing sugar with different kinds of oil (Canola, almond, jojoba or olive), as well as add essential oils to the mix or some vanilla abstract to upgrade the scent. An addition of vitamins in the form of a banana will help, and you can mash it and combine with three spoons of sugar and one of olive oil to create the peeling.
uses for sugar
5. Cleaning dirty hands:
When the hands are very dirty (from color or grease, for instance), you can use sugar to remove the hard stains. The sugar will be added to soap foam and give it a good rub.
6. Nourishing the lips:
Mixing a little jojoba oil with olive oil with a drop of sugar powder and the mint or vanilla extract can create a natural moisturizing cream that's both intensive and extremely efficient at nourishing your lips. Smear some of it on your lips and gently rub.
lips
Also, if you want your lips to look better with lipstick on, just put a nice amount of sugar on the lips and allow it to absorb for several minutes.
7. Terminating pests:
If the roots of your garden plants are full of worms, you'll probably be happy to find out they can be killed using sugar. Bury 5 kilos of sugar for each 250 meter square of land, and wait patiently - the sugar will naturally kill all the worms.
Sugar can also be used to capture and kill other pests. To catch annoying flies, create a mixture of equal amounts of honey, sugar and water and boil it in a pot while stirring. Then take a square of sticky paper and create a hole on one end. Pour the mixture, after it cools, on the sticky side of the square and hang it on the wall with a string. The flies will go for the honey and stick to your smart trap.
To get rid of cockroaches, put equal amounts of sugar and baking powder near their hideouts. The sugar will draw them in while the baking powder will kill them.
8. Nourishing the roots of your flowers:
To give a better look to your home flower patch, you can use three teaspoons of sugar with two tablespoons of white vinegar for each liter of water we give them. The sugar will help nourish the stems while the vinegar will prevent bacteria from growing.
9. Cleaning grass stains:
Make a mixture from hot water and sugar and smear on clothes with grass stains. Allow it to soak into the clothes for about an hour or a bit more (depending on how covered it is in the stains), and then put in the laundry as usual.
10. Keeping food fresh:
If you put a cake or cookies in a sealed container in which a few sugar cubes are places, they will keep fresh for longer. Same goes for cheese.
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[www.keralites.net] BE PROUD OF CHENNAI

 

Be proud of Chennai.. :-)
About Chennai
1. Second oldest corporation in the world.
2. Kathipara flyover in Guindy is the largest Clover leaf shaped flyover in Asia.
3. 31st Largest metropolitan city in the world.
4."Higginbotham" book shop on Mount Road is the first and oldest existing book shop in India.
5. Fourth most populous metropolitan city in India
6. Chennai is the only city in South Asia and India to figure in the "52 places to go around the world" by The New York Times
7. St. Mary's Church inside Fort St. George is the oldest Anglican church in India.
8. First printing press erected in 1711
9. Chennai is referred to as the Gateway of South India.
10. Chennai region has the oldest rocks in the country dating back to a billion years.
11. Chennai is the only oldest serving municipal corporation in India
12. Chennai central prison is one of the oldest prisons in India.
13. LIC building which was completed in 1959 was the tallest building in India at that time.
14. Madras High Court building is the second largest judicial complex in world after the one in London.
15. Royapuram railway station is the third oldest station in India.
16. Government college of fine arts and crafts is the oldest college in Asia.
17. In 1930, Madras University introduced Bachelor's course in Music for the first time in India.
18. Chennai remains top in the most visited cities in India till 2008 by tourists.
19. Phoneix shopping mall at Velachery is one of the biggest malls in Asia.
20. Chennai contributes to 40 % of retail Gold sales in India.
21. Marina is the second longest beach in world
22. Chennai is the cultural capital of South India.
23.Second largest IT exporter in India.
24. According to Forbes magazine, Chennai is one of the fastest growing cities in the world and the only Indian city to be rated in the "Forbes-Top 10 Fastest Growing Cities in the World"
25. A major part of India's automobile industry is based in and around Chennai thus earning it the nickname "Detroit of India"
26. Tidel park in Chennai was Asia's largest IT park when it was built.
27. Chennai is the largest electronic hardware exporter in India.
28. One of the four cities in India to be connected by under sea fiber optics cable.
29. First Indian city to have widespread Wifi facility.
30. World bank permanent back office in Chennai is the biggest building owned by World bank outside its headquarters in Washington D.C
31. Chennai is termed as health capital of India. Chennai Koyambedu CMBT is the biggest bus terminal in Asia.
32. Chennai is the biggest artificial port in India & biggest in Bay of Bengal
33. Chepauk M.A. Chidambaram stadium is the oldest cricket stadium in India
34. Only Indian city to be attacked during world war 1
35. Bus transportation was introduced by year 1925 in Chennai. Interestingly Flight service was introduced in 1917 itself.
36. Madras was renamed as Chennai in the year 1996.
37. Cancer institute established in 1920 is the oldest Cancer hospital in India.
38. Anna Centenary Library in Chennai is the biggest library in Asia.Vandalur zoo is the first public zoo and also largest in India.
39. Chennai has the highest two wheeler population in India.Chennai is the second largest employment producer in India with 35,000 jobs every year.
40. Chennai is the best place for post production work for all Indian cinema according to experts.
41. Chennai ranked first for its educational institutions by Outlook magazine...
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