Need To Educate Distributors
MoneyLIFE needs to be complimented for always presenting the other side of things and not just the rosy picture. Recently, I was trying to find out the appropriate mutual fund avenues for investment and came in contact with three agents. The first urged me invest in the DSP Merrill Lynch Gold Fund. Another told me that the Gold Fund should not be considered. “Apply for the JM...
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Smart Profiling

Savvy credit card issuers are changing the way in which customers used to be profiled and evaluated, finds Sucheta Dalal

A financial newspaper recently reported that a journalist who accepted a lifetime free credit card offer from State Bank of India (in collaboration with GE) was later rejected because journalists are on its negative list. That credit card companies have negative lists and...

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A Rally Now?

The medium-term picture is not rosy. But that does not mean we will not get sharp rallies. It appears around the corner now

It was too sharp a fall. We were, of course, anticipating that the market would decline by at least 1200 points and we did mention that a new downleg has started in our 3-16 August issue.  But we had hoped that there would be support at around 14,500 for the Sensex. The...

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