John Bogle is the pioneer of index funds. He is also known as a man of conscience and an advocate of strong common sense. At a time when the real world is reeling from the excesses of the financial world, Bogle has sought to answer the most pertinent question today. How much is enough – in money, business and in life?

The first one is easy. Bogle points to the huge take of the financial...

Stung by criticism of the poor quality of scrips included in the Futures & Options (F&O) segment, the National Stock Exchange (NSE) has decided to dump as many as 50 scrips from the list. But the NSE does not say whether it was a mistake to have included these in the F&O list.

Meanwhile, it has decided to modify the criteria for selecting the stocks for F&O. Will it help? The NSE...