Issue of 27th Sep-3rd Oct 2019
LEAD ARTICLE
financial magazines online
After Tax Cuts, These 3 Steps Are Imperative for Strong, Sustained Growth
Last week, when the government announced large cuts in corporate taxes, I mentioned that this was just one step in creating super-growth; a lot more needs to be done. What are these steps? Learning from examples of economic success around the world, we need these three steps, simultaneously, to achieve balanced and equitable... Read More
CROSSHAIRS
On Tuesday morning (24th September), depositors of Punjab and Maharashtra Cooperative Bank (PMC Bank) woke up to news that they can withdraw only Rs1,000 from their accounts, for the next six months. The harshness of RBI’s (Reserve Bank of India’s) action on a profitable, dividend-paying...
STOCKS
Guidelines    1. The Grader captures the first two of the three intrinsic factors that drive a stock: valuation, returns and growth. Since growth is volatile and difficult to capture through a metric, we have used only the first two factors. In place of growth, we have provided...
Moneylife Digital Team
What’s in a name? A lot, if it’s Thomas Cook. After 178 years of operations, the British tour company, Thomas Cook UK, one of the world’s oldest travel brands, with 19 million annual customers, closed shop on Monday. The company announced that it would be liquidating its assets and filed for...
Moneylife Digital Team
SMART MONEY
Nowhere does the principle of ‘buyer beware’ apply better than in equity and other financial assets. A one-rupee candy has to go through far more regulations in its production and sales than a share which can cost a few thousand rupees. Unlike your buying a burger or a packet of biscuits,...
MUTUAL FUNDS
A few mutual fund (MF) schemes have extended the seven-month deadline given to the Subhash Chandra-led Essel group to settle their outstanding dues. The group owes them Rs2,300 crore, so far.   Others, who did not agree to the extension, sold off the collateralised equity shares in...
Clinton Fernandes
FIXED INCOME
Muthoot Finance plans to raise Rs1,000 crore from the public through the issue of secured non-convertible debentures (NCDs). Subscriptions to the tranche-3 issue of the NCD opened on 27 September 2019 and will end on 25 October 2019, or earlier, at the company’s discretion. The NCDs are...
Moneylife Digital Team
MOBILE APPS
HEALTH
Adding to the debate of whether nutrition supplements are beneficial, a new study has found that taking vitamin-D supplements and omega-3 could prevent cancer and heart attacks.    North American Menopause Society (NAMS) conducted the largest clinical trial—Vitamin-D and Omega-3 Trial...
Akshay Naik
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