Thank you

ChildRaise Trust would like to thank Moneylife for featuring us (issue dated 25th August) in your ‘Beyond Money’ section. The article describing our formation and our activities is very well-written. We would like to thank the entire editorial team.  Kavita Shanbhag, ChildRaise Trust, by email

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India gets VW boot

I purchased a Volkswagen (VW) Candy White Vento 1.6 TDI HGL MT Car (Registration No MH-02 BR 5285) from Tornado Motors Pvt Ltd. Delivery took nine weeks, and the dealer told me that he had filled up 15 litres of diesel, and I was given a coupon for an extra 15 litres of diesel from a nearby fuel pump. The dealer’s representative gave me details of the service centre at Andheri (East), suburban...

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Planning for education

Your Cover Story, “Child Plans–The Best Options for a Secure Future” (Moneylife, 25 August 2011), was a great eye-opener. But how many parents understand the real costs of inflation in education? Assume that I have a son who is three years old. The cost of engineering studies is Rs5 lakh. If I have Rs5 lakh and I invest this in a product that gives me 8% post-tax returns, I will get Rs15.86...

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