Investment Archives - TODAY INDIA

Has Cryptocurrency Become Every Indian’s Dream Investment?

Rich rewards often entail great risks, and the same is true with the highly volatile cryptocurrency market. The uncertainties in 2020 globally led to a heightened interest of masses and large institutional investors in trading cryptocurrencies, a new-age asset class. Increasing digitization, flexible regulatory framework, and supreme court lifting ban on banks dealing with crypto-based companies have parked investments of more than 10 million Indians in the last year. Several major global cryptocurrency exchanges are actively scouting the Indian crypto market, which has been showing a sustained surge in daily trading volume over the past year amid a big drop in prices as many investors looked at value buying. As the cryptocurrency frenzy continues, many new cryptocurrency exchanges have come up in the country that enables buying, selling, and trading by offering functionality through user-friendly applications. WazirX, India’s biggest cryptocurrency trading platform doubled its users from one million to two million between January and March 2021.

What’s Driving World’s Largest Crypto Exchanges to the Indian market?

In 2019, the world’s largest cryptocurrency exchange by trade volume, Binance acquired the Indian trade platform, WazirX. Another crypto start up, Coin DCX secured investment from Seychelles-based BitMEX and San-Francisco based-giant Coinbase. The crypto and blockchain start-ups in India have attracted investment of USD99.7 million by June 15, 2021, which totaled around USD95.4 million in 2020. In the last five years, global investment in the Indian crypto market has increased by a whopping 1487%.

Despite India’s unclear policy, global investors are making huge bets on the country’s digital coin ecosystem due to a variety of factors such as

• Tech-savvy Indian Population

The predominant population of 1.39 billion are young (median age between 28 and 29 years) and tech-savvy. While the older generation still prefers to invest in gold, real estate, patents, or equities, the newer ones are embracing the high-risk cryptocurrency exchanges as they are more adaptable to them. India ranks 11th on Chainalysis’s 2020 report listing for global adoption of crypto, which shows the excitement about crypto among the Indian population. Nor does the less-than-friendly attitude of the government towards crypto or rumors swirling around the crypto are able to shake the confidence of the youth population in the digital coin market.

India offers the cheapest internet in the world, where one gigabyte of mobile data costs around $0.26 while the global average is $8.53. So, almost half the billion users are taking advantage of affordable internet access, which enhances India’s potential to become one of the largest crypto economies in the world. According to SimilarWeb, the country is the second-largest source of web traffic to peer-to-peer bitcoin trading platform, Paxful. While the mainstream economy is still struggling from the “pandemic effect”, cryptocurrency is gaining momentum in the country as it provides the young generation a new and fast way of earning money.

It is safe to say that cryptocurrency might become Indian millennials what gold is for their parents!

• Rise of Fintech Start ups

The cryptocurrency craze led to the emergence of multiple trading platforms such as WazirX, CoinSwitch, CoinDCX, ZebPay, Unocoin, and many others. These cryptocurrency exchange platforms are highly secured, accessible across various platforms, and allow instant transactions, providing a friendly interface for crypto enthusiasts to buy, sell, or trade digital assets limitlessly. Many of these platforms accept INR for purchases and trading fees as low as 0.1% so simple, fast, and secure platforms present a lucrative opportunity for both first-time investors and local traders.

WazirX is one of the leading cryptocurrency exchange platforms with over 900,000 users that provides customers with peer-to-peer transaction capabilities. CoinSwitch Kuber provides the best cryptocurrency exchange platform for Indians and is ideal for beginners as well as daily doers. Unocoin is one of the oldest cryptocurrency exchange platforms in India that account for over a million traders through mobile applications. CoinDCX provides users with 100+ cryptocurrencies as an option to make exchanges and even provides investors with insurance to cover losses in case of a security breach. So, global investors are eyeing the plethora of cryptocurrency exchange platforms in India to take advantage of the emerging market.

• Mixed Government Response

The legislative bill regarding a ban against a virtual currency that would criminalize anyone engaged in possession, issuance, mining, trading, and transferring crypto assets might get enacted into law. However, Finance and Corporate Affair Minister Nirmala Sitharaman eased some investor’s concerns saying that the government has not planned to completely bar cryptocurrency use. In a statement given to a leading English newspaper, Deccan Herald, the Finance Minister said, “From our side, we are very clear that we are not shutting all options. We will allow certain windows for people to do experiments on the blockchain, bitcoins, or cryptocurrency.” It is evident that the government is still scrutinizing the national security risks posed by cryptocurrencies before deciding on putting a complete ban.

In March 2020, the Supreme court overturned the central bank’s decision to ban financial institutions from dealing in cryptocurrencies, which prompted investors to pile into the cryptocurrency market. Despite the lingering fear of ban, transaction volumes continued to swell, and user registration and money inflows at local crypto-exchange became 30-fold from a year ago. One of India’s oldest exchanges, Unocoin added 20,000 users in January and February of 2021. The total volume of Zebpay per day of Feb 2021 got equivalent to the volume generated in the whole month of Feb 2020. Addressing the cryptocurrency scenario in India, the Finance Minister said in a CNBC-TV18 interview, “I can only give you this clue that we are not closing our minds, we are looking at ways in which experiments can happen in the digital world and cryptocurrency.”

Rather than sitting on the side-lines, investors and stakeholders want to make the best of proliferating the digital coin ecosystem until the government introduces the ban on “private” cryptocurrency and announced sovereign digital currency.

Is India Heading Towards Financial Inclusivity with Cryptocurrency?

Once considered a “Boys club” due to predominant male population engagement in the cryptocurrency market, the steadily rising number of women investors and traders has led to more gender neutrality in the new and digital form of investment methods. Earlier, women used to stick to traditional investments but now they are becoming risk-takers and venturing into the crypto space in India. After the apex court clarified the legality of “virtual currency”, the Indian cryptocurrency platform, CoinSwitch witnessed an exponential 1000% increase in its women users. Although women investors still make up a small percentage of the crypto community, they are putting up fierce competition in the Indian market. Women tend to save a lot more than their male counterparts and more savings means more diversity in investments such as high-return assets like cryptocurrencies. Also, women are more analytical and better at evaluating risks before making the right investment choices, so they are more successful investors.

Increasing Mainstream Institutional Adoption of Cryptocurrencies

Uncertainty and panic aroused by SARS-Covid 19 led to a liquidity crisis even before the economic crisis set off. Many investors converted their holdings into cash to safeguard their finances, which resulted in the collapsed prices of bitcoin and altcoin. But even though crypto suffered a major crash, it still managed to be the best performing asset class of the year 2020. With the increased vulnerability of the system and loss of trust in the policies of the central bank and money in its current design, people have an increased appetite for digital currencies which resulted in the rebound of cryptocurrency. Due to the stellar performance of cryptocurrency in the middle of the global financial crisis, the uptrend has strengthened interest in the virtual currency market in Asia and the rest of the world.

Furthermore, to fuel society’s demand for convenient and reliable transaction solutions, digital payment gateways such as PayPal have also shown their support towards cryptocurrencies that can enable consumers to hold, buy, or sell with virtual assets. Recently, Tesla CEO Elon Musk made an announcement of investment in the cryptocurrency market worth USD1.5 billion, and that the electric company would accept bitcoin from buyers, which led to an international bitcoin price jump from USD40,000 to USD48,000 within two days. Two of the biggest platforms for making payments across the world, Visa and Mastercard are also endorsing cryptocurrencies by introducing them as a medium to make transactions. While Visa has already made the announcement of allowing transactions with stable coins on the Ethereum blockchain, Mastercard would begin transactions with crypto sometime in 2021.

What does the future hold for the Cryptocurrency market in India?

The Indian cryptocurrency market is not immune to the terrible crypto crashes. Despite humongous investment from global counterparts, local investors are still maintaining distance from crypto investments due to uncertainty about the legality of the digital coin ecosystem in India as well as the high volatility of the market. Although the cryptocurrency market is booming since last year, Indians own less than 1% of the world’s bitcoin, which creates a strategic disadvantage for the Indian economy. The Indian government is planning to appoint a new panel to study the possibility of regulating digital currencies in the country as well as focus on blockchain technology and propose it for technological enhancements.

The capability of blockchain technology to provide a safe and immutable infrastructure has been realized by various industries to instill transparency in transactions. For a country with over 15 million crypto adopters, the new recommendation from the committee could hold great value to determine the future of cryptocurrency in India. However, the stakeholders believe that the technical and economic power will make India a key player in the crypto and blockchain market. Gradually, the cryptocurrency is gaining mainstream acceptance, which could lead to higher adoption of digital currency.

According to another TechSci Research report on “India Cryptocurrency Market By Offering (Hardware & Software), By Process (Mining & Transaction), By Type (Bitcoin, Etgereum, Bitcoin Cash, Ripple, Dashcoin, Litecoin, Others), By End User (Banking, Real Estate, Stock Market & Virtual Currency), By Region, Forecast & Opportunities, 2026″, India cryptocurrency is anticipated to grow at a significant CAGR owing to increasing requirement for transparency and reduction in transaction costs. Additionally, rising adoption of digital currency and growing blockchain technology are fuelling India cryptocurrency market.

Bhubaneshwar – Attractive Investment Destination in Eastern India

Bhubaneshwar is the capital and largest city of the Indian state of Orissa. Renowned German architect Otto Konigsberg designed the modern city of Bhubaneshwar in 1946. The city is also referred as the “Temple City of India” as it contains a large number of Hindu temples.

Bhubaneshwar was essentially designed to be a residential city having outlying industrial areas. Until the 1990s the city didn’t have any major investor and was dominated mainly by Public Sector Units, small scale and retail manufacturing. Today, Bhubaneshwar is one of the most preferred investment destinations of India.

Bhubaneshwar is ranked the 5th fastest growing Indian city in terms of real estate. It has the sacred towns of Puri and Konark and attracts many pilgrims and tourists every year.

Transport Infrastructure

Bhubaneshwar has well-developed roadways and houses the headquarters of the Orissa State Road Transport Corporation (OSRTC). Even the headquarters of the East Coast Railway is located in Bhubaneshwar. Through the daily express, passenger and weekly trains it is connected to major Indian cities such as Delhi, Kolkata, Mumbai, Chennai, Gwalior, Ahmedabad, Lucknow, Bhopal, Jaipur and Ujjain.

Bhubaneshwar also houses Orissa’s only domestic airport, the Biju Patnaik Airport, also called as the Bhubaneshwar airport. It has regular flights to major Indian destinations.

Economy

Bhubaneshwar has emerged to be one of the fastest developing semiconductor and IT hubs of India. The state government has furthered the IT growth in Bhubaneshwar by building IT parks such as Infocity 1 and the new Infocity 2. The Info City was conceptualized as a 5-star IT park, as per the Export Promotion Industrial Parks (EPIP) Scheme.

Bhubaneshwar also houses reputed IT companies such as Satyam Computer Services Ltd., and Infosys, which have been in Bhubaneshwar since 1996-97. In February 2008, another esteemed company, Wipro, started its operation in Bhubaneshwar. This state has also earned an extraordinary distinction of being the first city to accommodate the top four Indian IT companies, namely Infosys, TCS, Mahindra Satyam and Wipro.

In addition, it has also attracted foreign companies such as Nethawk (Finnish Telecommunication Company), IBM, Robert Bosch and Gennum Corporation (Canada).

Future Plans for the City

The Vision 2030 and Comprehensive Development Plan (CDP) framed by the Department of Architecture and Regional Planning at IIT Kharagpur, ideates integration of two big cities of Cuttack and Bhubaneshwar into a single 720 sq. Km Urban Complex.

This Vision 2030 aims at transforming Cuttack and Bhubaneshwar into a world-class urban center to create attractive investment opportunities from both, domestic and overseas sources.

The Comprehensive Development Plan (CDP) strives to create textile parks and prime urban centers in the Bhubaneswar – Cuttack Urban Complex. It also envisages promoting intra-regional mass transportation networks through better airway and railway connections. It also aims at promoting tourism through film city projects, theme parks and travel circuits such as art villages, nature trails and Palace-on-Wheels.

The CDP has also suggested the creation of theme oriented cities on the lines of education, health and software. A Special Tourism Park is also expected to facilitate tourism in the Bhubaneswar-Puri-Konark Corridor.

By drawing a talent pool of around 50,000 general and 20,000 technically qualified graduates in Orissa, the city aims to export software worth approx. $1000 million by 2011-2012.

Intimate Fundraising Events – Parlor Meetings, Political Fundraisers and Investment Parties

Great ideas often lead to big things, but somewhere along the way investments and fundraising are often required. Non-profits, political causes, and commercial startups all need cash to expand and grow. Although many groups may dream of a mega grant or super venture capitalist, support from small donors and individual investors are often the foundation from which all things grow.

One of the most successful ways of attracting these individuals is through small gatherings. These “house parties” are a popular and successful way to raise money for nonprofits, political functions, and business ventures. Although the reasons for these gatherings are always to raise funds, the purpose for the money creates subtle differences in the structure and style of the events.

Let’s take a look at all three types of events and see how they vary.

Nonprofit events are called by many names including a parlor meeting, house meeting, house party, or round up. The purpose can vary from funding for social programs or religious organizations, support for the arts, humanitarian outreach, environmental awareness or assistance for dozens of other charitable causes.

• These small charitable parlor meetings are usually hosted by two or more people commonly referred to as co-chairs.

• Successful house parties need two or more months advance notice.

• As a practice, the host does not ask for money. Instead, one of the co-chairs or the featured speaker will speak about funding needs and the benefits of supporting the organization or cause.

• One popular way to increase donations is to offer matching dollars. This is a popular incentive. A major funder agrees to make a specific donation as long as his or her amount is matched by other supporters.

Political Fundraising can be focused on a single candidate, group of candidates, or local political party. Small group fundraising accounts for a significant amount of dollars for both minor and major candidates.

• Political house parties usually begin with a committee led by a chair. In most cases, all the members are responsible for bringing in guests.

• The purpose should be defined. There can be more than one goal, but each goal should be very clear.

• Unless it is a general fundraiser, a target audience should be defined at the beginning. Food, location, and activities should be geared to target audience.

Investor Meetings also go by several names including networking house parties or Angel events.

• Although these small parties are often held in homes, informal settings in business or prestigious locations are also OK.

• Incentives, perks and well known speakers are often used to attract attendees.

• A few commercial groups are available to organize events.

Although the three types of small events have some differences, successful events share many of the same elements.

1. Prestigious location – Private homes are fine, and sometimes the best choice. Setting the event in a prominent neighborhood or in a notable home can attract guests and set a financial tone.

2. Organizers set a realistic financial goal with a specific amount they plan to raise.

3. The budget should be set in early planning and should be paid for in advance. (Dealing with last minute fees or unpaid bills creates a negative atmosphere.) A flawless event reflects on the organization, candidate, or company.

4. Leadership should be clear and defined. Jobs and roles need to be written down and understood by all members of the team.

5. Time management is very important. If the event is listed as two hours, don’t run over time. Running overtime makes potential donors angry.

6. Aggressively Market target audience. Make sure to budget for marketing campaign which may include personal contacts, mailed invites, direct mail, and entertainer contacts.

7. Thank you letters (or calls) should be sent to all attendees who attended parlor meetings or investment parties, whether they immediately invested or not.

Internet Home Business Opportunity – Start to Earn Money With Zero Cost Investment Plan

Would you like to earn more cash with internet home business opportunity?

Blogging is the place where one can easily express his thoughts, wishes and ideas about his interested niche to so many people.

Another platform is named as word press, which is highly accepted by the search engines that continuously presents fresh content on your site, this way you can enjoy the taste of internet home business opportunity.

If you look back last 5-10 years, blog was the only facility for expressing views and ideas but now a days due to recent trend of information technology blog is very powerful tool to earn cool income easily for people like us.

This Internet home business opportunity gives such good returns, that’s why people are getting ready to leave their jobs and join this business to earn more money through blogging.

Now question or doubt will arise in your mind that how this blog will help in generating money for you and even first and most important thing you will feel that you don’t have knowledge about blogging, then how you can take the advantage of this platform.

So answer is you can get the best benefit from this internet home business opportunity and for that you don’t need to learn HTML and other technical languages.

So don’t worry you will earn better returns though you don’t know about this stuff.

Simple way is to create free account on blog sites like blogger.com and you can enjoy bogging there,and it won’t charge any hidden cost so it’s purely free of cost.

One more option to find more blog sites is Google station and it will really help you to drive with numbers of free blog sites.

So what you need is to create your personal blog to go further and it’s very easy.

Once you create your personal blog then you have to do in-depth research on search engine and come out with the target market that will give you best returns and business.

There are various options where you can jump and can easily start like internet marketing, blog marketing, etc but you must have interest and knowledge so it would be easy for you to come with more ideas.

You have to use solid keywords to come out on the top on search engine list and other trick is to keep your blog updated every single time to offer fresh content. You can easily use these tricks to post your blog in very efficient manner.

Last but very important thing is to focus more on blogging by offering affiliate products, this will make you more money.

Blogging is most famous and well known for internet home business opportunities through search engines and will give heavy traffic to your site.

In this way you can see continuous flow of income by promoting your blog and ad on it.

So you don’t need to think more what you need is to take action right from today itself and get the best outcome from your internet home business opportunity through blogging.

5 Alternative Investment Approaches

WHAT ARE ALTERNATIVE INVESTMENTS?

An alternative investment is a class of investment that are not covered under any Government regulatory like RBI, SEBI, IRDA, and PFRDA. It refers to a privately pooled investment fund – a trust or a company.

Here are some alternative investments approaches that may influence your investment decisions –

#1 FOCUS ON ABSOLUTE RETURNS

You invest to end up with more money than what you started with. It means you are looking for an absolute return: how much did you actually make, is the main focus.

Invest in assets that you believe will do well; don’t invest in a product just because it’s likely to outperform the market. Have your analysis on hand.

#2 RETURNS ARE ONE-DIMENSIONAL, RISK IS MULTI-DIMENSIONAL

When it comes to investments, returns are easy to calculate. Keep your focus on Risk involved with the alternative investment asset as well. Prepare a list of the relevant risks. You need to have a clear idea of the risks involved in your investment, as it will help you to take a calculated decision.

Also, if at all something unexpected happens, you will be more likely to make better decisions if you’ve thought about the risks before investing.

#3 KNOW THE SOURCE RETURN

Understand what will influence and drive the returns on your investment. While you hold the investment, monitor the value of your investment.

Constantly revisit your assumptions of the return drivers of investment, in case they don’t match your parameters or expectations rethink your investment.

#4 UNCLEAR IS GOOD

Anything that’s not traditional is alternative. An alternative investment is populated by investment ideas that may not be immediately obvious. For instance cryptocurrency.

Continuously learning, exploring, researching, studying, and looking outside your comfort zone is the key to financial success.

#5 DIVERSIFICATION IS A MUST

Holding a mix of assets that are equally good, but which behave differently, will leave your portfolio’s return intact, and lower its risk as well.

Diversify means constructing a portfolio with very varied return drivers and risk parameters, not just different assets.

Most of us see investing in alternative investments highly risky. However, if you desire to live a successful and fulfilling life and retire with enough money to enjoy your retirement years, you must take calculated risks. This includes risks in your relationships, risks in your career, and risks in your investments.

While taking smart calculated risks is vital to reaching your goals in life, remember that taking bad risks and losing can set you back, sometimes significantly. It may help, however, to remember that taking smart risks is as simple as making wise decisions.

A Framework for Good Decision-making

I’ve learned a lot in my life from observing others and through my personal experiences-both good and bad. Therefore, when I consider taking a risk in any area of my life, here are the questions I ask myself:

1. What are the risks? Be honest. Don’t let your emotions prevent you from carefully considering all possible risks. This is where the landmines exist.

2. What are the odds of one of the risks coming true? Be truthful. Use real data whenever you can by doing research and talking to others.

3. What are the rewards? Be realistic. Can you really quit your day job and devote ten hours a week to something and make $100,000 a year? (Probably not.)

4. What are the odds of those rewards? Be sensible. Find out how many others have done something similar and how they have fared.

5. What other options do I have? Be creative. Don’t limit yourself. Consider all possibilities.

6. Do I need to make this decision today? Probably not. Take the time you need to do your research and explore your options.

After you finish answering these six questions, remove the emotions from your decision and ask what your gut is telling you. Also, never forget about the wild card risk; you don’t know what you don’t know!

Business Ideas With Low Investment

What are the best business ideas with low investment? This is one of the most common questions among entrepreneurs who seek to start various businesses. Indeed starting your own business is one of the best ways of safeguarding your financial status but you have to choose the right niche. Below are some business ideas that can generate you income with little investment.

Copy Writing- The growing online community has attracted very many businesses which now prefer to market their products online instead of using the traditional marketing platforms. This has led to an increase in the number of websites that are being created every day. This phenomenon has led to a rampant increase in demand for high quality web content to help this new websites rank high on various search engines. You can start a copy writing business to develop content for this websites and blogs. However, one has to learn the various search engine optimization techniques as well as writing skills so as to offer quality copy writing services.

Translation Services- This is one of the most promising business ideas with low investment. Most businesses that seek to expand their operations from a regional scale to global scale as faced with a language barrier that hinders them from providing their services in certain geographic regions. By becoming a translation service provider, you will be helping these businesses to translate their documents such as brochures and flyers into different languages. You will need to learn various languages for you to take advantage of this low investment business idea.

Health and Wellness- Currently, very many people are looking for ways that they can keep their bodies healthy and productive in this fast pace environment with increasing health care costs. Many home based businesses have had success with their own online website. If you have the right training and expertise that we also offer in this niche, you can start offering various health and wellness services such as health supplements, skin and hair care and many more.

Consultancy- Working around the clock has never being fun to anyone due to the numerous tight schedules that one has to meet. Fortunately, consultancy one of the most popularized low investment business idea scan help give you more freedom. To start this business, you have you have to identify an area that you are well conversant with such as health or marketing then look for a premises that you can use set up at your consultancy office.

Affiliated marketing- I chose this after reviewing the benefits and options of having mentors and a program that taught me the important basics and continuing education that for success. Choosing the right people to work with was the foremost important aspect. People that have a great community, integrity and genuine personalities that help propel you towards your goals. However, for the business to succeed, you will have to market your products, but with the proper tools, knowledge and products you can succeed. This will help you compete effectively with other players in the same niche as well as expand your market base.

Take time to explore our website which can provide you business ideas with low investment that offers great products for the times and the enlightenment for a fast start to success with your own online business.

Hiring An Interior Designer Is Not An Expense, But An Investment

Want to decorate your home or office? Looking for some out-of-the-box ideas to transform your space into something extraordinary that reflects your warmth and personality? If yes, so, you should hire an interior designer. Though, most of the people think that investing in an expert is an expense, which it is not. If you are also one of them, who have the same perspective, it’s time to break that myth. Scroll down and have a look at the points to understand it better.

• A Great Option For Busy People: Nowadays, we all are busy in our home or offices and no one has a whole day to work on the designing and decoration of the same. In this case, you should hire an expert, so, you’ll be less stressed and able to complete the work quicker than before.

• Help You Stay On Budget: A professional interior designer prepare a detailed plan for your home or office without breaking your stipulated budget. They know how to arrange everything in the best possible manner at the price that won’t cost you the fortune.

• Add “WOW” Factor: Interior Designers know how to make your room tell a story about your lifestyle or personality that helps them adds a “WOW” factor to the work that deserves applaud. They’ll shake off the possible boundaries and make the best use of available space without even breaking your bank or letting you down.

• Not Everyone’s Cup Of Tea: Decorating the home or office in an impressive way is not as easy as it sounds. It requires professional assistance and attention to every detail that not everyone can do. Therefore, hiring a knowledgeable interior designer, who is pro in their work, will save your time and money as well.

• Contacts: An interior designer has so many people are in contact with that helps you complete the furnishing of your home. It’ll make it easier for you to buy some more stuff in good quality and at the reasonable possible price.

• Work On Time: Hiring an expert gives you surety that your work gets done on time, as they don’t want to make a bad impression of their company.

Do you still think hiring an interior designer is an expense and not investment? No, so, what are you waiting for? Find out the best company or professional near you and hand over the work of revamping your available space to them.

Small Business Ideas With Low Investment

1. Mobile Shop Business- Mobile Shop: Nowadays everybody is using Mobile Phones, and there are more opportunities to grow in the future. The way Mobile Market is growing, according to the price of opening a mobile Shop, it will be a very profitable business. You will not need too much capital for this. Start with a small shop and increase the shop as soon as income increases.

2. Grocery Shop Business- Grocery Store: Grocery Shop has always been counted as a good business idea. The biggest thing is that you do not have to have any special talent for it. In areas where the Grocery Shops are low, you can easily open Profit. If you also add the convenience of Home Delivery in this shop, it will grow faster.

3.Blogging Business – Blogging: Blogging is also a low investment business. If you write well and you have knowledge of computer and internet then this field also has immense potential for you. There are limitless possibilities for Future in this business. The beginning will be slow, which is in every business, but in a few days it can earn millions of rupees. Its best thing is that students and Part-Timers can also do this business.

4. Event Management Business – Event Manager: Event Managing is also the highest business at present. India is a country of festivals and festivals and people here organise events on weddings, birthdays and other small occasions. Most people are not able to do all the work of the event due to the busyness, so they need an Event Manager like you who can manage all the tasks and work from other workers. This is one of the Fastest Growing Businesses.

5. Beauty Parlour Business – Beauty Parlour: This business is the best and easy business for women. You can open a nice Beauty Parlour by doing 2 or 3 months Beautician Course. According to the way the use of Makeup is increasing nowadays, the future of this business is golden.

6. General Store Business – General Store: Opening a general store of everyday items in use can also be a great and profitable business. In it you can place Soaps and Shampoos, Beauty Products, Stationary and more. Women can also do this business with men. There is also great potential for Future.

7. Real Estate Business – Real Estate Agent: Nowadays everybody wants to buy their own house or take a plot and want to build their house on it. You can help him by opening Real Estate Agency. I know a lot of Real Estate Agents who help people choose home or land according to their liking, and in return receive commission of 1-2% of the cost of property. This is one of the most profitable businesses in Future Prospects.

8. Health Club / Gym Business – Health Club / Gym: At present every person, whether old or young, Ladies or Gents, all want their health to be good. For which they go to Health Clubs or Gyms and work out there. You can also earn good by opening a health club or gym in a good area. In Future, when your Health Club starts receiving good income, you can open its second branch in another area.

9. Computer / Laptop Repairing Business – Computer / Laptop Repairing: If you come to repair computer then it can prove to be a Best Business for you. But even if it does not come, nowadays many government and private institutions and Laptop Repair courses run. This course is usually three months old. You can easily open a Computer Repairing Shop by doing this course. Given the increasing use of computers, this business can be considered as beneficial for Future.

10. Trainer / Tutor – Trainer / Tutor: You can also earn good money by becoming a Trainer or Tutor. It requires a lot of money for this. If you are good in the field or in which case your guts are strong, then start teaching them to other students or people. If the number of learners increases after a while, then you can add some more Tutors or Trainers. In this way you can take this business to a very high level.

11. Professional Freelancer – Professional Freelancer: Maybe you do not consider Freelancing a business, but do you know that many people are earning a lot of money by opening Freelancing Agencies and as freelancers. If you have Web Designing, Software Development, Writing, Photo Editing, Writing, Translation etc. or any other talent you can easily earn money by becoming a Professional Freelancer. Nowadays there are many freelancing platforms that provide work to freelancers. The biggest advantage of freelancing is that you determine the time and cost of your work. There is considerable potential for this business to grow in the growing online world.

12. Interior Decorator – Interior Decorator: Everyone wants his house to look beautiful, because of his good impression on the people coming. People often hire the interior decorators for this. You can also help those people by starting the Business of Interior Designing. In return, you get good money too. There are also unlimited possibilities for Future. Apart from home you can decorate the interiors of Office and Shops too.

13. Bakery Business – Bakery: Bakery is also a very good and long-term business. It does not require much investment in starting. You can easily start it and make Bread, Toasts, Biscuits etc. and deliver it to nearby market. You can also do Home Delivery of your products. More information on bakery business and project reports can be found on this link – How to Start Bakery Business – Project Report

14. Home Canteen – Home Canteen: As the population continues to increase, work is also increasing and in the same proportion, Offices are also increasing. Office staff can not find the time to take lunch to their home or hotel. You can open a Home Canteen and bring food to their office for them. You can do this work only from your home and the income is also very high.

15. Electronic Store – Electronic Store: You can also open an electronic store by investing a little more investment. Nowadays demand for TVs, Fridges, Kitchen Appliances has increased so much and anyone can earn good earnings easily by opening an Electronic Store.