Apples & Oranges

During 1994-96, over-extended bank credit, trade deficit, rising inflation and property speculation led to a recession. These issues are now back. But the outcome may not be the same. Are we close to the end of the first phase of the beginning of a long-term boom in emerging markets or the beginning of the end of that boom? That is the thought playing in the minds of top speculators and...

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Gandhigiri In Health

Gandhiji’s idea about nutrition are interesting but unknown

In the 1940s, when India was neither poised nor rising, Mahatma Gandhi had written about the nation’s health with a focus on the common man. One is amazed by the depth of his knowledge about nutrition -- a diet which he recommended for the poor people of India, perhaps, contains all the nutrients that a healthy body needs. He said:...

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Credit Cards At Petrol Stations
I hold a Citibank-Indian Oil Corp. credit card. I prefer to use my card when I have my car filled with fuel, let’s say for Rs500. On several occasions, when I get my credit card statement, I am surprised to see a surcharge of Rs12.50, which means that although I used the right card at the right petrol bunk, I am paying a total of Rs512.50. When I enquired with Citibank, they laid the...
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