How serious is the new requirement of mandatory PAN  for investments in mutual funds?

The mutual fund industry has wangled a last-minute reprieve until December 2007 to the rule mandating submission of permanent account number (PAN) by fund investors. That is nice; but let’s do a flashback to January 2007, when MIN (mutual fund identification number) was suddenly sprung on unwary investors. I...

When the little girl sang ‘somewhere over the rainbow’ in the classic MGM musical, The Wizard of Oz, she certainly wasn’t referring to food. However, filling your plate with wholesome natural foods that reflect the colours of a rainbow, not only makes a meal more appealing, but healthy too. Here is a primer on a few colours and their association with healthy eating.

We begin with blue....

What exactly is India's investor population? It is much less than what regulators claim it to be finds, Sucheta Dalal

If investor protection is part of the preamble of the SEBI (Securities and Exchange Board of India) Act, then shouldn't the regulator have some clue to the size of India's investor population? Fifteen years after SEBI was set up, one of the biggest mysteries in the Indian...