Which is Better Physical Gold or Digital Gold

Gold has been a popular go-to asset for Indians for several decades now.

And why not? It is perhaps one of the few assets that does not lose its value over time.

However, this asset is mostly held in physical form – jewellery, bars, and coins – which gives rise to several challenges regarding storage and security.

Accordingly, many investors have been looking for a better alternative and have managed to find an ideal match in digital gold.

Which is Better Physical Gold or Digital Gold
There is a lot of speculation among investors concerning whether digital gold can emerge as a better alternative. Of course, the answer to this question is subjective. Then again, it’s suggested to take a close look at the difference in concept and approach towards physical and digital gold investment to gain a better idea.
Digital Gold Investment
Digital gold is a new age investment instrument that allows you to invest in 24 Karat purest gold, which is then stored in MMTC-PAMP’s secure vaults under your ownership. If you wish to take possession of the same, you can redeem digital gold for 24 Karat/ 999.9 purest gold coins and ingots from MMTC-PAMP. MMTC-PAMP is India’s leader in digital gold and you can buy digital gold online through our trusted partners like Paytm, PhonePe, and GPay. You can also reach out to your relationship manager in firms like Aditya Birla Capital, HDFC Securities, Motilal Oswal among others to manage your digital gold investments.
Gold coins and bars have been India’s most trusted investment instrument across generations, and for good reason. Reliable and convenient, the value of gold has increased enormously over the past few years, which makes it an increasingly lucrative option to store and compound. Gold prices have gone up more than 50% just in the last 3 years!

Plasma Cutting Consumables- Types, Uses, and Tips for Maintenance

Plasma cutting consumables are different parts of a plasma cutting machine. These consumables include:

Torch
Electrodes
Nozzle
Rings
Swirls
Shields
How long a plasma cutter consumable will last depends on the quality and their extent of usage. If there is any fault in a single plasma cutting component, then the whole system can suffer from malfunctioning.

And you do not want that, right? So, it is better to replace the consumables on a regular time interval. This will optimize the system’s performance. Also, Hypertherm powermax 45xp parts serve as an excellent option for installing or replacing. They give you better outcomes and have a longer life.

Plasma consumables are useful for cutting thin and thick metals at a consistent speed. Some consumables may wear out quickly, while some may remain sturdy for a longer period.

Let us put some more light on the different consumables:

Swirl Ring
It is a minor component inside the torch that swirls the gas surrounding the plasma arc. The outer layer of gas helps to focus and direct the arc for providing a greater cutting precision. The swirling process keeps it cool. And the protective layer of gas surrounding the arc contacts the nozzle. The lower temperatures of the nozzle prevent the nozzle from burning up, slowing down the degradation process.

Electrode

It is a narrow piece of copper-containing hafnium. Its job includes:

Receiving an electrical current from a cathode block placed inside the torch to which it is connected
Focusing the charge through its tip
This causes it to arc onto the workpiece.

Nozzle

It focuses on the plasma arc and the gas surrounding it to provide a clean and precise cut. A nozzle with a larger opening is useful for gouging. And a nozzle with a smaller opening is useful for providing delicate and detailed work.

Retaining Cap
It essentially holds all of the consumable parts of the torch together. The temperatures at this end of the machine are incredibly high, and thus, not only the parts that create and focus the arc worn down but the component holding them together also degrades over time.

Shield Cap

It protects the torch and its other components from sparks and molten metal. It takes the brunt of the fallout. Due to this, the wear to other components minimalizes as much as possible.

Replacing Electrodes and Nozzle

When the electrode produces the arc, the hafnium inside melts, and over time, fragments spurt through the torch in the cutting process. This results in the development of a pit at the end of the electrode. Do not worry; this is perfectly normal, but whenever the pit grows deeper than around 1-1.6 mm, you will need to replace the electrode. This is because there will not be much hafnium left then, and it will soon start burning through the electrode itself. After this, it will become challenging to cut and it can even damage the rest of your torch components. Hypertherm powermax 45xp parts are one of the best choices you can opt for while looking for consumable replacement parts.

It is hard to specify when exactly you will need to replace your nozzle and electrode. This will depend on many factors like:

The speed you cut with
The thickness of the workpiece
The amount of amperage you use
Replacing your consumables with Hypertherm powermax 45 consumables will put you back to optimum cutting performance. Your other components would not need replacement since they are prone to thermal dynamics, slag from the cutting process, and heating and cooling cycles. But do not forget to check your swirl ring and retaining cap for cracks, and if you see any, then you know what to do next, right? Replace them. Plasma cutting is a process that cuts through electrically conductive materials by means of an accelerated jet of hot plasma.

Tips for the Maintenance of the Consumables
Abnormal work practices might affect the machine badly, so it is advisable to work moderately
Place the materials at an appropriate distance from the plasma cutter
Install the system correctly as any disturbance in the network may affect the consumables of the machine adversely
Monitor the system regularly to check the condition of a consumable
Consider replacing the faulty consumables as soon as possible
Keep the system completely dry and free from any moisture as the moisture may cause rust
Keep the system free from dust as it might damage the consumable’s efficiency
Final Words
Plasma cutter consumables are crucial in the operations of the machine. Also, the quality of the consumables plays an essential role in the machine’s output and the life span of consumables. Suitable quality consumables like Hypertherm powermax 45 consumables can give you incredible accuracy and possess a longer life.

How to get a five star rating for your refrigerator

Do you want to more customers to take a look at your refrigerator and say – I will take that one? if you do, then you know that it’s only possible if you have a five star rating for energy efficiency.

Let’s discuss how you can obtain via a simple BEE certification process.

What is BEE Certification?

The Bureau of energy Efficiency oversees the promotion and development of innovative ways to converse energy in India. Ever since the economic boom of 2002, when most customers started buying elite home appliances like refrigerators, it was the BEE’s idea to institute a BEE certification.

As per the rules of certification, manufactures of those appliances that fall under BEE had to obtain a BEE certification – star rating for energy efficiency for individual appliance. The Bureau implements three steps to issue the license:

1. Assessment of application

2. Assessment of the brand

3. Assessment of the product

Once your refrigerator has gone through these assessments, only then it would get the star rating that you deserve.

Assessment of application

The first step of BEE registration process is testing the product on your own. Reach out to a lab that has accreditation from NABL, for they are the ones most trusted by the government. Let the lab run an un-biased test on your refrigerator. Along with information about the quality of this product, you’d also find out the efficiency of your refrigerator. If you think that the consumption is high, you can instruct your engineers to come up with a feasible solution.

Once you have a solution and have implemented it and, it has yielded the right efficiency that you sought, now comes the time to file the application. The steps are as follows:

1. Go to the official website of Bureau of Energy Efficiency

2. Hover your mouse across the panels until you find a menu with an option that says “BEE certification”

3. When you do, select the option and you’ll go the brand registration application form.

4. Before you can file the application, the portal requires you to register and login to the site.

5. Do so and proceed with the application filing.

6. Once you’ve filled the application form, you’ll receive prompts to upload documents.

7. Upload the requisite documents that include the following:

a. Certificate of incorporation of your business or any other business identity proof

b. Trademark registration certificate if you have it.

c. BIS certificate for the product you manufacture

d. SSI certificate

e. Details of your manufacturing facility

8. Submit the fee and the application online

As soon as you submit the application, you’ll receive a notification stating the timeline within which your application will run through the assessment.

During assessment, the application details are carefully scrutinized. If no errors have been made, the BEE would start looking into your brand.

Assessment of your brand

Details that you provide during the previous section : BIS certification and details of the manufacturing factory are ways to assess your brand. The Bureau uses these documents to put your facility under the microscope to see whether you employ responsible trade practices. If you do, you obtain BEE certification for your refrigerator’s brand.

Assessment of the product

After the Bureau approves your brand, it grants you permission to get model assessment – which leads to star rating for your refrigerator. The steps for it are as follows:

1. Use your user credentials to access your BEE dashboard

2. Click on Model Registration

3. Enter the specifics of the refrigerator model

4. Apply for star rating.

5. IF you have multiple models of refrigerators for which you seek star rating, you can add them here.

6. Submit the application form and the prescribed fees per model

7. Take the printout of the application

8. Deliver the printout to the BEE along with the following:

a. BEE brand registration certificate

b. Test report of the model

c. Sample of the model.

The sample or samples will go through assessment. Here, you’d know how much effective innovation you have implemented to increase the efficiency of your refrigerator. Once the assessment is finished, you will obtain the star rating for your product.

Conclusion

To get the a five star rating for your refrigerator, you need to be innovative about energy efficiency. Only then you’ll obtain the rating you deserve. However, don’t ignore the right BEE registration process. Missing the documents, entering the wrong detail and other such issues during the process can delay the process. For further help, contact Registrationwala.

What You Need to Launch a Successful Direct Sales Home Business

These days, there are a lot of direct sales business opportunities that you can start from home. The low start up cost and flexibility are attractive to business seekers. With less than $100 you’ll be in business within minutes. Some are even free to join.

Not everyone who starts a direct sales business is interested in building it big. Some are only interested in the product discounts. Some are hobby-ists and signed up for the fun of it. And some are serious business builders looking to earn a significant income.

Depending on what your financial goals are – once you’ve decided to join the direct selling industry, here are some vital things to keep in mind.

If you are serious about building it big, you’ll need to learn these three principles if you want to be a direct sales superstar.

#1 Entrepreneurial Mind-Set

Before you can succeed in business, you’ll need to adopt the entrepreneurial mind-set. If you’ve never been in business before, you’ll have to transition your thinking from an employee mind-set, to an entrepreneurial mind-set.

The first thing you need to adopt is patience while you ramp up your business. Having the self-motivation to work your business daily, the discipline to do what needs to be done, and the patience and trust that the rewards will come, is a huge mind-set shift.

Without this self-belief, you’ll sabotage any progress you’ve made, and eventually quit your business.

#2 Marketing Skills

The biggest mistake direct sellers make is leading by “sharing the products”. Products don’t sell themselves – marketing does. This isn’t the same as lack of enthusiasm. Enthusiasm is important but you can’t sell based on excitement alone.

Every successful company comes down to how strategic their marketing plan is in reaching their target audience.

Every successful product comes down to marketing. Just think of Apple and what Steve Jobs has done for iPod, iPhone, etc.

If no one knows about your products or business, you’re not in business. And this is the #1 reason why most direct sellers don’t succeed because it’s not lack of enthusiasm.

Most people that signed up already love their company products. Most people fail because they don’t know how to market their business beyond the old school method of selling to their “warm market”.

What Does this Mean for You?

Because you can’t build a sustained business from selling only to the people you know. You’ll need to learn marketing skills, specifically online marketing skills, in order to promote your business and attract new leads.

With cheap technology and the ease of using the internet – marketing online is where business is being done. The internet has completely changed the marketplace and everyone is online. People go online if they need to find a product or search for a business to start.

Recurring Income

Loving the products is important but as a business, you need recurring income, otherwise you’re forced to look for new business to generate consistent cashflow. That’s the difference between working hard versus working smart.

If you’re selling non-consumable products, make sure these are big ticket items so you can earn the highest commission. It’s a lot harder to find new customers than having customers that make repeat purchase on a monthly basis.

With so many direct sales companies to choose from, it’s in your best financial interest to match your interest with products that are consumable so that you can generate a consistent cashflow. If you’re selling home decor or jewelry, it’s tough to generate monthly sales.

With these three principles in mind, you’ll be more prepared and know what to expect in your new direct sales business. Preparation is key to your success.