Regulatory Help

The market regulator Securities and Exchange Board of India (SEBI) frequently thunders against companies on the issue of compliance, spouts pro-investor homilies and warns market intermediaries of malpractices – and then attempts to do something quite the reverse. To a long list of such instances, add its latest fiat on the fees index funds can charge.

Index funds are supposed to buy the...

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Outlook Still Hazy

Shorter-term trends of the Indian market (the scope of this column) are being determined significantly by trends in the US market. It would be a mistake to have a blind belief in the growth story of India. The US economy has hit a soft spot. While commentators like Stephen Roach and Marc Faber have been pessimistic about the US economy and the market for four years now, the economy has...

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Deep Care For Skin

The late Anita Roddick, the founder of the global cosmetic company,
‘The Body Shop’, had always maintained that caring of the skin has just three simple steps, viz., cleansing, toning and moisturising. If this routine is followed religiously, it is adequate to keep your skin fresh and young for many years. The skin is the largest organ of the human body and is made up of multiple layers of...

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