Sensex is up 51% since June 14. Among the 49 sectors we track, steel, auto and printing & publishing were the worst performers. What are their prospects?

From the panic bottom it hit in mid-June, the market has risen by about 50%. The continuous robust growth of the Indian economy, supported by low interest rates, monetary liquidity and low inflation have rekindled market’s interest. The...

Consumers are “protected” while buying matchboxes but not when they buy a property with their life savings

When we buy something, we look at the printed price, whether it is a chewing
gum or a matchbox or a school textbook. Law demands the printing of maximum retail price (MRP) on every product. Now, consider something that we buy either once or a few times in a lifetime, using our entire...

The title seemed so out of sync with MoneyLIFE’s contents. And then, on page 314, the link was suddenly brought home: “In economic terms, India
is now the world centre for cricket”. It seems India now provides 60% of the world’s cricket income of multi-million dollars and that, for being the first Indian to score a triple Test hundred (at Multan, 2004), Virendra Sehwag was rewarded by an...