Book Reviews
Crumbling BRICs

Why China’s challenge to the US is not sustainable

Given the stupendous growth of China over the past three decades, some believe that the last two centuries of Euro- and US-centric history have simply been an aberration. George Magnus, senior economic adviser at UBS Investment Bank, London, disagrees. While it is fashionable to forecast that the future belongs to that great Asian tiger,...

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Ml sectoral trends

Diversified stocks gained 7%, transport & logistics stocks rose 6% and financial services stocks were up 4%. On the other hand, airline stocks declined 10%, glass stocks fell by 5% and textiles and trading stocks shed 3% each.

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Shaving the saver

On Friday, 25 February 2011 (at 8:02pm), I got an email from HDFC Mutual Fund (mailed by camsonline.com) informing me that they “have processed dividend payout” for my investment in one of their schemes for which the record date was 24th February.

I told myself: “Wow, so efficient!” And, since everything is done electronically these days by all financial intermediaries, I accessed my...

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