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Wi-Fi usage has been in the news recently. Initially, it was the Brihanmumbai Municipal Corporation which unveiled mega plans of making entire Mumbai Wi-Fi-enabled. Later, it was in the news because an email linked to the recent Ahmedabad blast apparently used an open Wi-Fi connection of a computer at a home in Navi Mumbai. Since these events, there has been a lot of confusion regarding...

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Socialist Relic

Until 1992, public issue of shares by companies was determined by government babus in the office of the Controller of Capital Issues (CCI), through a pricing formula. That year, in a sudden burst of corporate and financial sector reforms, the government abolished the formula-based pricing of share issues with a one-line order. It threw open the doors to market-based pricing and expectedly led...

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Will Gold Move Up?
Gold has not made much of a move over the past many months. Where is it headed? Diehard gold bulls believe that $1,000 is where gold will go. Among the reasons cited are that it is a hedge against inflation and that India and China, the largest gold consumers in the world, have an insatiable appetite. Many people also think that the gold price is determined by demand and supply, and...
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