India may be a budding economic superpower and one of the two countries in the world to record a positive growth in GDP this year. But how easy is it to do business here? The World Bank’s illuminating annual survey of Doing Business ranks 181 economies under various parameters to find out how business-friendly they are. The parameters are: starting a business, getting construction permits,...
In a letter written to Prime Minister Manmohan Singh, the younger Ambani had sought a direction to the ministry of petroleum and natural gas to...
Funds are hiking your exit barrier
One of the worst aspects of mutual fund returns is the cost you pay for the privilege of having your money ‘managed’. After all, the revenues and profitability of fund companies are directly linked to how much they can extract from you. They don’t make or lose money along with you. They make money, regardless of your returns. There used to be huge costs at...
