In your interest.
Online Personal Finance Magazine
No beating about the bush.
Why the stocks of public-sector banks are bad investments
The finance ministry, the de-facto owner of state-controlled banks, has just given me one more reason for not investing my money in the shares of these banks. The ministry has indirectly tried to arm-twist these banks not to raise interest rates, even though their cost of borrowing is going up. The owner has sent a message that these...
Attempts to extort money from internet sites has started
Readers of MoneyLIFE would recall that we had recommended that consumers should check out product reviews at www.mouthshut.com, a website that allows people to post reviews, get feedback or simply voice their opinion on thousands of products and services, creating one large person-to-person information exchange.
Last week, its CEO...
In the 21st century, as in the time of Cheops, there will undoubtedly be taller and taller buildings, built at great effort and often without real economic justification, because the rich and powerful will still sometimes find satisfaction in traditional ways of demonstrating that they’re on top of the heap. - William J. Mitchell, “Do We Still Need Skyscrapers?” in Scientific American