Avoid Ulips
I am a new subscriber to your magazine. I have insurance policies of multiple companies and, being the oldest (39!) in my office, I do help juniors with taxes and insurance. Insurance agents want to sell policies “with profit”, that is, endowment or Unit-linked Insurance Plan only. I have myself been conned often but now am clear that I will not allow others to suffer. The first...
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  • Not-So-Micro

    India’s first micro-cap fund may hit the market soon. DSP Merrill Lynch has
    just filed for launching DSP ML Micro Cap Fund. But its definition of what
    is a micro-cap stock is debatable. The prospectus describes micro-cap as one which is not part of the top 300 companies by market capitalisation. The
    BSE has some 5,000 actively-traded stocks. According to our understanding, micro-cap is...

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  • Rural Lalu Vs Clever Chidambaram

    If Lalu Yadav could score by listening to some brilliant and well-chosen officials, why couldn’t the clever Chidambaram do the same, asks Sucheta Dalal

    The Union Budget this year has left ordinary tax-paying Indians inordinately angry and frustrated. In the 10th year after he delivered a ‘dream budget’, Finance Minister, P Chidambaram appears to have lost his touch; ironically, the economic...

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