Suspected militants killed in drone strike

Missiles that may have been fired by a U.S. drone Wednesday killed several suspected militants in Pakistan's North Waziristan tribal region, officials said.

CNN, quoting two Pakistani intelligence officials, said the missiles killed seven suspected pro-Taliban militants in the region near the border with Afghanistan. Other reports gave a much higher toll.

CNN reported the missile strikes targeted a militant hideout in the Gora Qabristan area of the region, seen by U.S. experts as a haven used by militants to launch attacks on U.S. and NATO forces across the border in Afghanistan.

The Pakistani intelligence officials told CNN the militants belonged to a Haqqani network, accused of attacking the coalition forces in Afghanistan.

The report said U.S. officials -- who maintain rogue elements within Pakistan's main spy agency the Inter Services Intelligence Directorate are supportive of the militants -- have been urging the Pakistani military to go after the Haqqani network in North

Six die in Karachi violence

Ethnic and targeted killings claimed six more lives in violence-ravaged Karachi, Pakistan's largest city and its main port and financial capital, police said.

The victims in the overnight drive-by shootings and other acts of violence in different parts of the city included activists of the Muttahida Qaumi Movement and the ruling Pakistan People's Party (PPP), Pakistan's Daily Times reported.

The violence comes as Muslims have been observing Ramadan, the holy month-long fasting period.

Karachi, which has a population of 18 million people belonging to various ethnic and other groups, has been hit by ethnic, political and target killings for more than four years. Various measures taken by authorities have failed to bring peace to the city, further damaging Pakistan's fragile economy and adding to its other problems related to fighting terrorism and militant violence.

Some reports say at least 300 people have died in the latest round of killing in the city which began last month.

The federal government has offered rewards for those providing information and other details of those involved in the killings. It has also given police powers to paramilitary forces deployed in the city.

The violence has largely involved supporters of the Urdu-speaking Muttahida Qaumi Movement and the Awami National Party representing mostly the ethnic Pashtuns.

Until recently the MQM, which is mostly made up of immigrants from India, has been the main force in Karachi and its politics. However, it role now is under challenge from the Pashtuns.

Authorities say local underworld dons and their supporters also have been involved in the city's violence.

Famous Museums in Paris

Paris is a city of love and romance. It is a city of sparkling wines, enamoring fashion, attractive fountains, artistic bridges, historical monuments, magnificent cathedrals, splendid palaces, and elegant night clubs. Visiting famous museums in Paris can be a fascinating experience for any person, especially if the person is interested in exploring some facts regarding the culture and history of the nation. If you are planning to visit Paris this summer, then take a look at the list of most famous museums in Paris, presented below.



Best Art Museums in Paris



Louvre: Louvre is the largest museum in central Paris. It is situated on the banks of the Seine, in the western part of the city. The dark fortress of the 12th century was gradually converted into a magnificent palace for the royal family. On completion of the palace of Versailles, Louis XIV went to live there. In 1692, part of the palace was converted into a museum and was opened for the public. The collections gradually increased and spread to the vast complex of buildings. The palace Louvre is one of the oldest and foremost museums in the world. It is known for the glorious work of art it houses. Some of the most stunning collections of artwork in the world are displayed in this museum. Those who visit Louvre for the first time, look eagerly for the museum’s three great ladies – the Venus de Milo, the Victory of Samothrace, and Mona Lisa. Along with symbolic paintings, you will be able to see exclusive sculptures and the art of calligraphy in Islam. The open-air sculpture museum in the gardens of the palace is worth seeing.



The museum is closed on national holidays and Tuesdays. The museum contains about 380,000 objects and 35,000 pieces of art, which are spread over an area of 60,600 square meters (652,000 sq. ft)! The paintings, sculptures, archaeological findings, the enchanting architecture, in fact everything is exclusive. Louvre is the world's most visited museum, and is one of the most famous French museums. About 15,000 people visit Louvre everyday.



Counterfeit Museum: Those who are interested in visiting a completely different type of museum should think of visiting the Counterfeit Museum, situated in the 16th Arrondissement of Paris. It was created in 1951, by the Union des Fabricants, to show the differences between the real things and their copies; and thus to educate the people. The items in this museum keep on changing. It contains everyday items like mobile phones, Levis jeans, Bic razors, Barbie dolls, pens, numerous types of sports shoes, Swiss Army knives, cigarette lighters, and various other items. If you want to visit this fascinating museum, the nearest metro stop is Porte Dauphine. This museum is closed on Mondays.



The Musee de Notre Dame: Everyone visits the Notre Dame Cathedral in Paris during his / her stay there; but very few people visit this museum situated at a walking distance from the Notre Dame Cathedral. This museum is situated in the 4th Arrondissement of Paris. Those who want to know more about the history of the Notre dame Cathedral, should visit this museum. This museum contains several archeological findings which throw light on the Gallo Roman times and the Middle Ages. The old drawings, plans and engravings, displayed in the museum provide information on the mysteries and various stages of the construction of Notre Dame Cathedral.



Jacquemart-André Museum: This unusual museum is just a stone’s throw from the Champs Elysées, the world famous and prestigious avenue in Paris. It is an amazing and spectacular home and art collection of the world famous couple Nélie Jacquemart- Edouard André. Edouard spent most of his money in buying authentic works of art; and displayed those pieces of art in his new mansion, which was ready in 1875. His wife Nélie Jacquemart was a well-known painter. They traveled to Italy and brought beautiful pieces of art to France. After Edouard's death, Neil decorated the mansion and handed it over to the Institut de France as a museum. This museum is open to public since 1913. The museum contains French, Italian and Dutch paintings, furniture and several artistic objects. I am sure you would like to know more on the best contemporary art museums in the world. Here is a list of some other museums in Paris, which you should visit.



List of Famous Museums in Paris

• L'Espace Dali Museum: Located in the Montmartre area, displays exclusive work of the artist Salvador Dali.
• Cernuschi Museum: Located in the former mansion of Henri Cernuschi in Paris, displays Chinese and Japanese art.
• La Cité des Sciences et de l'Industrie Museum: Situated in the former slaughter house area known as La Villette. It is one of the world's largest and most popular science and technology museums.
• VIN, Musée du or Wine Museum In Paris: Museum of French grapes and wine, situated near the Eiffel tower. It displays everything about wine, the main passion of the French people.
• The Grand Carriage Museum at Versailles: It has a grand collection of carriages and coaches made for King Louis-Philippe. Some ornate pieces (carriages, chairs, holders, etc.) are so beautiful that you would love to visit the museum again. The museum is closed on Mondays.

The list of famous museums in Paris does not end here. There are so many others like POUPEE, Musée de la (museum of dolls), POSTE, Musée de la (museum of post office), PUBLICITE, Musée de la (museum of advertising), GREVIN, Musée (wax museum), EROTISME, Musée de l' (museum of erotic art and artifacts), HUGO, Maison de Victor (home and workplace of the famous writer Hugo), MONNAIE, Musée de la (museum of money and minting), FORAINS, Musée des Arts (museum of circus art), and the like. I hope you found the above information helpful. Prioritizing the choice of museums can be quite difficult, if you have limited time in hand.

Difference Between Hotel and Motel

Are you planning to take a vacation to the country side? You are wondering about your accommodation when you are traveling. After a lot of research you have come across the names of some hotels and some motels, but you are now confused and want to know the difference between hotel and motel, so that you can decide where should you make the bookings and be put up?



What is the Difference Between Hotel and Motel



Before we get into the hotel vs motel debate, we will first understand, what is a hotel and what is a motel. This will make the difference between motel and hotel a bit more clear.



Hotel

A hotel is an establishment, which provides for paid lodging for a short duration of time. Traditionally people where provided with a bed, cupboard, a small table and a washstand in a hotel room, but with changing times they also come with modern facilities like en-suite bathrooms, air conditioning, etc. These days telephone connection, television, Internet access are also provided to the guests. If it is a large hotel the guests will also have the swimming pools, restaurant facility, etc. Therefore, normally hotel reviews are checked, before one makes bookings there.



The meaning and the facilities offered in a hotel, however, can change from one country to another. Like in the United Kingdom, the law demands that food be served to guests within stipulated hours, yet there are private hotels, where the rule may not apply. In countries like United Kingdom, Canada, Ireland, Australia and in some parts of the United States, a hotel can also represent a pub or a bar and may not offer accommodation. In India, Bangladesh and certain parts of the Asian sub-continent, the word hotel refers to a restaurant.



Motel

The word motel made its way into the dictionaries after the World War II. It is actually a hotel, that is designed for motorists to take a halt at night and usually have ample parking area for the motorists to park their motor vehicles. ‘Motel’ is a combination of the words ‘motorist’ and ‘hotel’. In the initial days, a motel consisted of a single building with connected rooms, whose doors faced a parking lot and in some cases a common area or a series of small cabins with common parking. The concept of motels started to grow, when the highways system started developing and there came a need for inexpensive hotels, which where easily accessible overnight accommodation close to the main roads.



Difference between Hotels and Motels

The first difference between hotel and motel is in its architecture. They differ in their layout and construction. Hotels normally have a number of rooms on different floors of the structure and have staircases, elevators and internal corridors, which lead to the rooms. However, motels on the other hand have one or two floors, where the guests can access their rooms directly from their parking lot. Hotels offer different luxuries, while motels are more utilitarian.



There is a difference in the number and types of employees employed by hotels and motels. Hotels normally tend to have a large retinue of people, like receptionists, concierges, housekeepers, parking valets, etc. Motels on the other hand employ very few people like receptionists and housekeepers. If the motels are really small, the receptionists may also perform the duties of housekeeper as well. It is natural that the services offered by hotels are much more than motels. Hotel may offer services like restaurant, recreation options, gym, swimming pools, etc. However, motels are traditionally known to offer limited services, but you may come across a few motels, who also have swimming pools, complimentary light breakfast, etc. There are also some extended stay hotels or resorts, where one can stay for more than one or two days.



The most important difference between hotels and motels is in pricing. Normally, hotels are costlier than motels, but if you go to rural areas, then the cost of a cheap hotel, and a motel in a urban area, may be the same. At the same time, one can spend more time in hotels, as they are designed for longer stays. There is a difference between the location of a hotel and a motel. Hotels are normally located in cities, while motels are located in remote areas or on the outskirts.



To sum up the difference between hotel and motel in a single line, we can say motels are hotels located around the highways, where one can spend a night, when one is traveling long distance. On the other hand, one can have an extended stay in hotels.

The Love Commandment

Can one be commanded to love? If a stranger comes up to you ordering you to love him or her, you (like me) would probably think he’s out of his right mind. But even with people that are closer to us, oftentimes we find individuals that are just hard to love so to speak and we’d rather avoid those. Returning to the first question, we cannot really be commanded to love, can we? Our heart is free to choose whom we love and whom we don’t love. Why did Jesus command us to love saying "Love the Lord your God with all your heart and with all your soul and with all your mind." This is the first and greatest commandment. And the second is like it: ‘Love your neighbor as yourself.’ All the Law and the Prophets hang on these two commandments." Matthew 22:37-40.



If we go step by step, we notice that it starts by saying "Love the Lord your God with all your heart and with all your soul and with all your mind." As in the example above with the stranger, it is much more difficult to love a foreign person that you are not familiar with and don’t know what to expect from. The same way with God, if we don’t first get to know God, how can we truly love Him? Once we start knowing our Creator and see all the beautiful and pure things HE invented for us, and when we see all the love HE intends for us, it is His kindness to us that makes us love Him in return. However, to love God indeed, knowing Him (or about Him) in a shallow manner is not enough. The deeper we go into discovering why GOD beyond doubt deserves our love, we find new depths of His character that make us fall in love with Him over again! Thus, getting to know God process involves spending time with Him in reading His Words in the Bible plus talking to Him in prayer and by doing that, we don’t just gather information but our character, our values are changed resembling God’s nature more and more!



"…So that Christ may dwell in your hearts through faith, and I pray that you, being rooted and established in love." Ephesians 3:17. These roots and establishments in love bring more of God’s image on the inside (and outside) of us, the more we soak in His presence the more we are able to walk in His plan for our lives accomplishing His will in our lives and consequently discover that we can love as He loves. The more of God’s love is contained in us, the richer we will be in all other good things that come from God’s Holy Spirit because every other spiritual power originates in God’s love.



It all comes just by spending time and walking with God everyday, and this commandment is a natural result of our fellowship with God and we love Him because we see He deserves nothing less but to be loved with all our intellect, with all our emotions and affections.



The strength gained in God’s presence enables us to successfully accomplish the second part of the love commandment: "And love your neighbor as yourself". We don’t usually have problems when it comes to loving ourselves; have you noticed that regardless of your busy schedule, you make time for those things you really love doing? Yes, we don’t have a problem to keep the best of everything for us if possible, do we? However, selfishness melts in the presence of God because there we realize how much more important the spiritual realm is and the love that is poured in our hearts urges us to do good to others blessing them as we’ve been blessed!



Have you noticed how everything flows as a consequence of spending time getting to know God? It is not by chance that the Scripture mentions that knowing God and His Son Jesus Christ, equals eternal life. Knowing GOD is that crucial and life changing, energizing and empowering us to love others, to be able to live up to a lifestyle standard that we, through our own strength could never achieve!

Best Kids Museums in America

It's official; summer holidays are meant for fun, food and traveling. Parents have a mammoth task of deciding on the place to spend holidays under a reasonable budget. Children, on the other hand, do not seem interested in budgets or expenditure, they are more interested in going to a place which is unique where none of their friends have gone yet. Parents at the same time want the trip to be an educational one. So what better way than to visit the most popular museums especially for kids where one rule can certainly be broken, i.e., 'Do not touch'.



The United States has near about 300 museums which make an exhaustive list. Museums for children create playful and interactive experience which makes the tour not only interesting, but also tantrum free. The good thing about these museums is that here the child is involved in holiday activities and is encouraged to interact with other kids. Also, here the main emphasis is given to educating as most of the museums do not have permanent collections. The main objective of these museums is to impart knowledge about the culture, history, art and science. Here is the list of some of the best museums in America.



Brooklyn Children's Museum

Location: New York

This is the first museum in America that was opened in 1889. This museum has a lot of activities from toddlers to children. Here activities like tropical treat, meet and greet, little scientists, wacky Tuesday, feeding frenzy and many more activities are planned to make it one of the best museums in the country. In this museum, they also let children explore things at their own pace so as to create interest in education.

Buying the First Pair of Baby Shoes

Your baby's first step... and there goes a memory just priceless! Some may be curious as to why is it such a big thing, but trust me when you are a part of the family that witnesses this tiny but precious moment, you know how this is worth more than a photo or video capture. Now that your baby is learning to walk, you will have to do more than just being the support on his tiny fist. Get him the right pair of shoes, that will help him walk and explore with comfort. There are a variety of shoes in the market and they come in different and cute designs, some that you just cannot resist buying. But it is important to take care of certain things before you buy the first pair of baby shoes.



With an eye on his feet, your biggest fear is the balance and safety of the baby. Moreover when your baby is walking, he is simply learning to walk well, and most doctors advise to wait for sometime before you buy him shoes, as his feet may still be developing, he may still have baby fat under his foot sole in the arches. If the baby appears flat footed due to this fat, a regular check up can help you consider buying his first pair of baby walking shoes. So what are the right kind of shoes for the baby, what all should you consider when buying them. Well, to answer all these queries we have compiled a small set of question and answers below, which should help you. Take a look.



When Will Your Baby Need Shoes

When the baby has just put his first foot down, it is advisable to let him walk bare feet for some days. This can help the baby understand and balance his body better first without shoes and get accustomed to the action of putting each foot forward in the correct manner. Once the baby is comfortable with walking by itself barefoot, it will be easier to walk with shoes on. One may also consult a pediatrician for the right time for buying shoes for your baby.



What Kind of Baby Shoes Should You Buy

Baby shoes should be soft, they should not hurt the baby's feet. More flexibility in the shoes will help in easy walking for the baby. Make sure the shoes are breathable and are made up of not very hard material. Natural materials make a wise choice here, as the baby's feet sweat more and harsh materials will harm the skin. It is wise to check the sole of the shoe, it should not be very thick or thin and must have a little grip. Just enough to prevent the baby from slipping. The sole should be of moderate thickness and should not make the baby drag her feet. A light weight sole can help her pick walking soon. Shoes without and least modifications like arches and heels, are the most preferred. Velcro straps are more preferred over laces. Less hassle for you to tie them often and it saves the baby the risk of tripping due to open laces.



How Should Baby Shoes Fit

Size is very important when buying baby shoes. The right size will keep the feet comfortable. It will also give room for the baby's feet to grow. The feet are the most delicate at this time and the bones and tendons are still growing, and the feet are taking shape. Check the widest width of the shoe, by pinching it when the baby is wearing it, a small space pinch should be formed. Check the space in the shoe by pressing the tip of the shoe at the longest toe or insert your pinky finger at the ankle end of the shoe. Too much or too little space is a strict no, your finger should fit in snugly and you should be able to press, a little less than half inch in the toe room. There should be just enough space when the baby is wearing the shoe. Make sure the shoes do not slip out of the feet. Keep a watch when the baby is walking in the shoes, if you feel the baby is dragging, having difficulty or is not comfortable walking, it's time to change the shoe.



Another important point is that price is not the only tag for quality and comfort, you will have to try different shoes and then buy the one that fits best, even if it is not expensive. Remember to buy the ones that are the most comfortable and safe for the baby. Watching those tiny feet walking is memorable, and with the perfect pair of cute baby shoes... priceless! By Dhanashree Patane

Shopping Success at Ross

Whether you are shopping for new clothes, decorations, or kitchen ware, don’t automatically head to the big, expensive department stores. Stores like Macy’s, Beales, and JC Penny may have wonderful stuff, but you may be paying way too much. You can get a better price at Ross, where you can buy things for twenty to sixty percent less for the same thing that you can get at a department store. Ross sells some of their products at half the cost, and sometimes more, than the cost of big department stores. If you like wearing name brand apparel, but you don’t like paying full retail price, Ross is definitely right for you. Ross carries name brand clothes, shoes, handbags, and other items at a great price. Ladies, this may not be a store that you want to take your men to. While Ross sells items for men, women, boys, girls, and babies, most of the stores seem to carry more items for women. The other departments are noticeably smaller than the women’s departments. Ross also carries clothes for many different sizes, including junior and plus sizes.



What’s the Catch?



With deals this good, you can’t help but wonder if there is a catch. While many aspects of our economy can make even the savviest shopper a little skeptical, I promise that there is no catch. The items that Ross sells are not defective, used, or cheap knock-offs. Ross employs buying teams in New York and Los Angeles, the fashion capitols of the nation, who buy items straight from the manufacturer. Ross uses what they call "opportunistic buying strategies" that result in great prices, if some inconsistency in what they buy. They also limit their stores to basic, simple necessities. If you want to have the feeling that you are shopping in a lavish environment, Ross may not be for you. Big department stores have expensive displays, several well-dressed employees, and many levels and check out centers. Ross stores are generally Spartan, by comparison. If the store doesn’t spend money on the expensive displays and several hourly employees, then they can keep their prices really low. While their strategies are different from department stores, their method seems to be successful. Ross currently operates nearly one thousand stores in twenty-seven states.



Is Ross Really that Inexpensive?



Now that you know what Ross is and how they manage to be so inexpensive, here are a few examples of serious discounts that make Ross the perfect place to shop. Most Ross stores, at least every store I have been to, have a large shoe department. They have nearly every type of shoe, including heels, tennis shoes, flats, and flip flops. I recently bought a pair of Guess brand flip-flops, normally priced at thirty-five dollars, for twelve dollars.



The product that Ross carries the most of, and what they market in their slogan "dress for less," is clothes. Ross carries everything from maternity clothes to prom dresses. Dresses that are usually a few hundred dollars, Ross sells for fifty dollars. They carry jeans, shorts, skirts, t-shirts, nightgowns, and the list continues to nearly every piece of clothing you can think of. When I bought my Guess flip flops, I also bought a pair of jeans normally priced at thirty dollars, for fifteen dollars. If you want great products at a great price, Ross is an excellent choice.

Harry Potter Goes Out with a Bang at Teen Choice Awards

The Harry Potter film series will go down in history as one of the most popular, and profitable, in history. There have been a number of television specials highlighting and detailing the long journey that the series’ stars embarked on long ago, as well as awards shows that highlighted the series as well. At the most recent MTV Teen Choice Awards, the Potter film series was given yet another send off, going out in style. Tom Felton and Rupert Grint were at the show, and went onstage to accept the Choice Summer Movie award, one of the most coveted of the award show.



Felton also presented an award during the show – the Choice Movie Actress award. He stood alongside Christopher Mintz-Plasse to issue the award. Felton was asked about how much he prepared for the awards show and noted, "If it’s over-prepared you see sometimes that it’s so clearly scripted, and it’s not going to be any good. I’m trying to stay loose at the tongue and see what comes out."



Despite that, Felton and Mintz-Plasse performed a skit when they went onstage, with the latter telling Felton he’d had a fling with one of the nominees for the award they were presenting. Felton assured him that the chances were good that his secret amour would not be chosen for the award, but then when Cameron Diaz won, she went along with the gag and had an exchange with Mintz-Plasse that may as well have been planned. It was generally well-received., and it was clear that everyone was having a good time.

Samsung Galaxy Tab Accessories

While many of you went bankrupt after buying this completely amazing tablet, there are many of you who can't get enough of the Samsung Galaxy Tab, and hence, want to adorn it with cool accessories. They may be a pretty penny, but when you take out your beautiful tablet, the piece so embellished with accessories, in front of your friends… oh man, how would you afford to miss the look of their eyes turning green? There is a range of Samsung Galaxy Tab accessories available in the market, but to decide which is the most important and is a must-have often leaves one dumbfounded. Either everything is useful, or none is. Happens? Oh yeah! So, this article discusses five Galaxy Tab accessories that prove to be a must-have for every SamTab owner. If you're ready for some more money squander, the following accessories sure make your already gorgeous tablet a head-turner!



Samsung Keyboard Dock

MRP: $79.99

The rich 83-key keyboard can be your desktop keyboard, your media controller, and a dock so that you type in comfort. Charge your tablet with ease, use it as a laptop, and freely sync with other multimedia devices, all with the help of this dock. Typing made easy, and navigation made simpler… your dock is your rescuer for only $79.99!

How to Buy a Window Air Conditioner

So, you've had enough of the sweltering heat. You can't bear the feeble yet valiant cooling attempts of your ceiling fan and have finally decided to give in to the temptation and buy your room a brand new window air conditioner. But before you waltz into the appliance store and pick out an air conditioner, wouldn't you like to know something about the basics of air conditioner buying? I thought so. And I'm not talking about the different brands and the different features that each of them offers. Then what? Well, you'll just have to proceed further into this Buzzle article to know what are the major pointers you should be looking for in an air conditioner, when you set out to buy one.

The cooling capacity of an air conditioner is measured using a unit called a British Thermal Unit or a BTU/hour. Needless to say that if the BTU of a unit is high, its cooling capacity will be higher. However, this is not always the answer to your cooling requirements. A unit with a very high BTU often requires more maintenance because it gets worn out faster. So choose the one that is moderate and serves the purpose.

Most air conditioners these days come with thermostats and even timers that can be modified as per the requirements of the person. So, you can program the air conditioner to a certain temperature for a particular time of the day. While buying an air conditioner, you need to check if it has such features, and if it does, how accurate it is to the actual setting that it has been programmed to be in. How close is it to the temperature that it is expected to be at? Keep these points in mind while buying it.

Types of Bank Accounts

A bank account is a record of the financial transactions between the customer and the banking institution. The banking institutions have provided several types of accounts to cater to the needs of all sorts of individuals. One of the most important functions of banks is accepting deposits, which is aimed towards generating savings for the purpose of utilizing them in profitable investments. People, on the other hand, also prefer to deposit their savings in the banks, as they can earn interest and also avoid the danger of theft.



Types of Bank Accounts



Though, the types of accounts offered can vary from bank to bank, here are some of the common bank accounts offered by commercial banks.



Checking Account



A checking account is also known as a current account or a transactional account. Money deposited in this type of account can be withdrawn at any time, as there in no restriction on the number of withdrawals and the amount of money withdrawn. Customers are generally given paper checks to carry out day-to-day transactions, like paying bills, making purchases, or transferring money to another account. ATM (Automated Teller Machine) facility is also provided to the customers. However, no interest is paid on the deposited money and sometimes, customers have to pay a charge to the banks for rendering this service. This type of account is generally maintained by businessmen or concerns, as they have to make a number of financial transactions each day. A transactional account is sometimes called a demand deposit account, as no notice is required to withdraw money, i.e. money is available on demand.



Savings Account



Savings accounts are aimed towards mobilizing small savings from the general public. There are certain restrictions regarding the number of withdrawals and the amount to be withdrawn in a particular time period. However, money deposited in this account, earns a fair rate of interest. Though the customers can't withdraw their money with checks, they can avail the ATM facility for the same. A passbook is also provided, which keeps track of all the financial transactions.



Money Market Account



A money market account is a type of deposit account, in which money can be deposited to earn a higher rate of interest than the savings account. However, a minimum balance is required to be maintained to earn interest and avoid fees. There is also a limit on the number of transactions that can be carried out in a particular month. The customers are usually allowed to make 6 withdrawals per month.



Certificate of Deposit



A certificate of deposit is also known as time deposit or fixed deposit account. This type of bank account requires the customers to deposit a certain sum of money for a fixed time period. The money deposited in this account can't be withdrawn before the date of maturity. However, some banks allow customers to withdraw money before maturity, by charging a penalty. The rate of interest paid on time deposits is usually higher than the other types of bank accounts. In addition to this, the interest paid on this account depends on the maturity period, i.e. longer the maturity period, the higher is the rate of interest paid.



Banking institutions offer several different types of bank accounts to satisfy the individual needs of their customers. These bank accounts enable the public to deposit their money in banks and thereby earn a monetary return.

Mobile Banking Services

Mobile phones are no longer a communication device, but can be used for several other purposes including executing business operations. After internet banking, it has added another dimension to banking by enabling any kind of banking transactions like payments, balance inquiry and transfer of funds, just by using your mobile phone. Banking transactions over the mobile phone are usually performed either by sending a SMS to the bank or by using mobile internet. When you send a SMS requesting a financial transaction, it travels to the SMS center of your cellular service provider and from there it goes to the bank's system. Then, you receive the response that is sent by the bank via the service provider, all within a few seconds.



Mobile Banking Services



Nowadays, banks have come up with a range of mobile banking services for reducing their cost of operation and providing more easily accessible and faster services to you. You can use your mobile banking facilities to inquire about the updates of your balance, statement request, details of the last few transactions and management of pension and insurance policy. In addition to these, you can request the bank to activate alerts, if a threshold limit is crossed, or to set a minimum balance alert. Mobile banking has also made fund transfer, both national and international, quite simple and fast.



You can order or request a check book and card, and pay bills with the help of mobile banking. It can also give you the facility of carrying out cash deposition and withdrawals. Some other services of mobile banking include portfolio management services, personalized alerts, notifications on security prices, mobile recharging, monitoring of term deposits, etc. You can also receive online updates of stock prices and even perform stock trading.

Types of Time Deposits

Depositing money in banks is considered to be one of the safest ways of investment in today's uncertain times. Investors in stock markets and real estate have learnt it the hard way during the phase of the economic recession. The losses in such risky asset classes can be heavy, and can really affect the confidence of an investor. On the other hand, bank deposits such as time deposits and demand deposits have yielded steady and consistent returns. In case of demand deposits, a depositor is free to withdraw his money whenever he wants without giving any notice to the bank/financial institution with whom the deposit was made. Thus, these are flexible forms of investment. To know exact difference in time and demand deposits, you should study the time deposits vs demand deposits comparison. Now, what is time deposit? Let us know about it from the explanation given below.

Time Deposit Types



There are many examples of time deposits which can help you understand this concept. Here are the types of time deposits explained one after the other.



Renewable Time Deposits

Renewable time deposits are those deposits which will get automatically renewed on attaining the maturity date that is given by the bank. Renewable deposits help in multiplying investor wealth and increase their net worth substantially.



One-Time Time Deposits

One-time time deposits are deposits in which the depositor keeps money with the bank for a specific period and then withdraws the money along with the interest amount. Such deposit schemes help investors get big amount of cash, in bulk, which can be used in making big purchases.



Fixed Time Deposits

Fixed time deposits allow their investors to withdraw their entire money before maturing of the deposit, on payment of fees to the bank.



Flexible Time Deposit

Flexible time deposits are more advantageous as compared to fixed time deposits because here, you get higher interest rates from banks, and also the facility to withdraw your money partly before maturity.



Standard Time Deposits

Standard time deposits are the kinds of time deposits in which you have the freedom of setting maturity instructions and choosing your deposit currency. These are being offered by leading multinational financial institutions.



Term Deposit with Interim Interest

The best part of this deposit is the receipt of interim interest in the period of the deposit. Like in the standard time deposits, you can also choose your deposit currency and set your maturity instructions.



So, these were the several types of time deposits that can generate good wealth in the future. Smart investments made at the right age can help you secure your future financially and enjoy your life. So, take the right decisions and benefit from the exciting offers in the market.

US Job Growth Rises

The world was struck by the worst economic recession a couple of years back, and it all started in the United States. Around 7 million jobs were lost, something that is practically irreversible. But things are really looking up now, and it seems the worst is behind us. Last month saw the largest US job growth in the past 3 years. 162,000 jobs were created in the month, the highest in a long time, 3 years to be precise. The US Labor Department has said that job creation has leaped dramatically in the last month, after many months of losses, but this was still not enough to positively impact the unemployment rate, which stood still at 9.7%. This was still below expectations, which were that of the unemployment rate being 9.7%, but around 184,000 jobs being created.



The US Labor Department said in a released statement, "In March, the number of unemployed persons was little changed at 15 million, and the unemployment rate remained at 9.7%." The White House too seemed a little relieved and said the economy was being mended. Christina Romer, the top economic advisor of President Barack Obama, said, "Today's employment report shows continued signs of gradual labor market healing. It will take sustained, robust employment growth to bring the unemployment rate down. Further targeted actions to spur private sector job creation are critically needed to ensure a more rapid, widespread recovery."



But there are serious worrying factors we cannot ignore. Still 1 in 10 Americans are unable to find a job, something that needs to be looked into very carefully. The Labor Department also added that the number of Americans who have not had employment for the past 27 weeks increased by 4,14,000, and now totaled 6.5 million individuals.



Lastly, the stock market reaction will be known only on Monday, as things are closed for the Good Friday-Easter weekend.

Funny Faces of People Playing Video Games Cool Pictures

Funny Faces of People Playing Video Games

Funny Poses Above the Pool Cool Pictures

Funny Poses Above the Pool