Most Popular Cars Among Thieves in India

Well many of you might love to own cars and enjoy driving it and take a good care of it, but there is something that you should know about the most stolen cars in India. Here is the list of the most stolen cars according to Mumbai Police and many reports :

1) Mahindra Scorpio:

Mahindra Scorpio is an SUV manufactured by Mahindra & Mahindra Limited company of the Indian Mahindra Group.Approximately 1,540 vehicles stolen during 2011, the Mahindra Scorpio seems to be thieves’ favourite, with 133 Scorpios being stolen. This is a decline of about 10% from 148 Scorpios stolen in 2010.
Eventhough there is a decline by small margin still Mahindra Scorpio is the Most Stolen Car in India.

2) Chevrolet Tavera:

Well after Mahindra Scorpio second most stolen car is Chevrolet Tavera in which approximately 67cars were stolen in 2010 but it increased by 58% to 108 cars stolen in 2011.

3) Mahindra Bolero:

The 3rd most stolen car is Mahindra Bolero which is the second most stolen car of Mahindra vehicles.
According to the report 79 Bolero cars were stolen in 2010 which has been increased by 34% to 106 Bolero car's stolen in 2011.

4) Hyundai Santro:

The 4th most stolen car is Santro which is manufactured by Hyundai and is also most popular car in India. According to the report approximately 86 Santro cars were stolen in 2010 which has increased to 106 stolen Santro cars by 2011.

5) Toyota Qualis:

Actually Toyota Qualis isn't much popular in India and also its production were stopped in India. But still Toyota Qualis is the 5th most stolen car in India with 59 cars stolen in 2010 that has been declined by 12% to 52 cars stolen in 2011.

6) Honda City:

It is said to be the Best Sedan Car in India and no wonder Honda City is in the list of most stolen cars in India. It is the 6th most stolen car in India with approximately 30 cars stolen in 2010 which were increased by 23% to 37 cars stolen in 2011.

7) Tata Indica eV2:

It is a Hatchback Car and 1st passenger car from Tata Motors. It is the 7th most stolen cars with approximately 61 cars stolen in 2010 that has increased to 67 cars tolen in 2011.

8) Maruti Esteem:

 Esteem was manufactured by Maruti Suzuki but currently it is no longer in production but still in demand as it is the 8th most stolen car in India in which approximately 58 Cars were stolen in 2011.

 

 

9) Maruti 800:

Another Maruti Suzuki manufactured Car is Maruti 800 which is the 9th most stolen cars in India. Eventhough the production of Maruti 800 were stopped it is still demand with approximately 57 cars were stolen in 2010 that has increased by 62cars stolen in 2011.

 10) Taxi Cabs:

There was a 10 per cent decline in thefts of taxi cabs in 2011 with 61 cars reported stolen as opposed to 68 that were reportedly stolen in 2010.

Eventhough these cars are the most stolen in India still many other cars also face same kind of threats especially Tata, Maruti and Mahindra manufactured cars.According to me,other cars mostly stolen are Maruti Swift and Swift Dzire, also Indigo CS, Hyundai i10 and many other.Still dont think only these cars face the threat of being stolen even luxury cars are also mostly stolen in India. So, kindly be careful.
 A successful alarm dodges near the dash.

 

Are You Aware About E-Gold???

 

Many of the common people are not aware about what is really E-gold or many of you might not have heard about the word 'E-Gold'. Actually E-Gold was offered by 'National Spot Exchange Limited(NSEL)' which is completely different from normal Physical Gold. E-Gold helps or enables you to buy gold in electronic form and hold it within that person's account. Like E-gold another E-series are E-Silver and E-Copper. Trading in E-Gold has been on since 17th March 2010. E-Gold units can be bought and sold through the exchange (NSEL) only just like shares.You can buy gold in physical form from your ‘friendly’ jeweller or any neighbourhood jeweller but it is really risky to store it.

You can buy gold in physical form from your ‘friendly’ jeweller but it is risky to store it. You can buy gold exchange-traded funds (ETFs) as an investment but cannot convert it into physical gold. The National Spot Exchange Ltd (NSEL) has an answer to this problems as E-Gold can be converted it into physical gold, which is known as re-materialization and there are charges for this re-materialization. The minimum quantity for converting into physical gold is fixed as 8 grams. Rematerialization facility is currently available in 15 major cities.

When you rematerialize you will have to pay some rematerialization charges (which will be in the range of Rs.150 for 8 grams), but the VAT might be a bigger amount based on how much quantity you hold. The storage charges of holding gold in demat form is Rs.0.60 per unit/month. By buying gold in electronic form, the individual need not worry about the purity of gold, storage costs and the insurance of gold. If the individual has bought e-gold only for investment purpose and does not need to take delivery of physical gold, then he can always sell the e-gold units and encash them. To buy E-Gold units, the individual needs to open a demat account (beneficiary account) with one of the impaneled Depository Participants (DP). The list of the impaneled DP’s is given on the NSEL website.

If an individual wants to take physical delivery of his e-gold units then he / she can take it in multiples of 8 grams, 10 grams, 100 grams and 1 kg. To start with the exchange has delivery centres at Ahmedabad, Delhi and Mumbai. In due course of time the exchange plans to open more delivery centres in other cities. India for long has been the largest consumer of gold in the world as Indians love to buy gold. But since last few years because of the steep increase in the price of the yellow metal, it is getting further out of reach of the common man. By introducing the E-Series range of products, NSEL is focusing on the affordability factor by keeping one unit equivalent to 1 gram of gold which makes gold affordable once more, for the masses.

The introduction of e-gold is really a good thing but still it holds risky as:

• The biggest risk associated is that of the price movements in the leading market. In case you have a ‘BUY’ position and then the price starts to go down, or vice versa, you will be in a loss. Don’t just go by the traditional price hikes. Market works indiscriminately and what has been going up till now can start falling down anytime and at any moment. So from a trader’s point of view, it is required to keep a close eye on your investment.
• Another risk regarding e-purchase of these assets is that the buyer is not the outright holder of the gold, as the institution holds the metal on his behalf.
• With ‘E-Gold’, cyber security is also a matter of concern, as there is always a risk of account being hacked.

In short, E-Gold is especially good for individuals of long investors not small investors. But many of the people are not aware about this E-Gold, so to make them aware advertisement should be done.
For any further enquiry or information go visit NSEL website.