13 Funds For Any Market
W hat is the best way to choose a fund? There are no easy answers. If you go simply by performance, you will still have to decide about over which period are you analysing fund performance. In doing that you may also end up with funds that are skewed to a particular market climate. Certain funds may do particularly well in a bull market and not in a bear market. What about funds...
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The Hidden Cost of Low-cost Airlines

Penny-pinching budget airlines may end up pinching your wallet

Last week, I received a letter from a MoneyLIFE reader Radhe Shyam Mundhra from Chennai. On 30th April, he booked an Air Deccan flight from Chennai to Delhi for travel on 17th May 2007. Subsequently, he needed to cancel the flight.  On calling the airline, he was told that he could not get a refund. “This is the first time I am...

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Penalised For Writing Cheques

That is what an RBI committee is recommedning finds out Sucheta Dalal

Over the past 15 years, the Indian capital market  has transformed itself through automation and adopted global settlement and clearing systems, but the banking system has lagged far behind. The process of moving towards electronic transactions was slow and often dictated by pressure from the capital market or from...

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