The Hidden Cost of Credit Cards

Quite often, you get calls regarding free credit cards and probably feel happy that you did not have to pay for it. Often you forget that there are a number of hidden costs that pop up later. These include:

a) Late payment charges - For some banks, this is a fixed minimum independent of the amount to be paid. So even if you have to pay Rs300, you may need to pay another Rs300 as late...

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  • Rooms With A View

    The number of people travelling to India either for business or leisure has doubled over the past five years. The hospitality industry naturally is reaping the benefits of this huge growth with hotels running at full capacity not only in gateway cities, such as New Delhi, Mumbai, Chennai and Kolkata, but also in tier-II cities like Bangalore, Agra, Udaipur, Jaipur, etc. Stocks of hotel...

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  • I constantly ask myself what is the baggage of history and what are the lessons of history

    ML: Can you start by telling us a little about the early years of your life?
    UK: I was born in Mumbai in a family where 60 people lived together. It was one huge floor in a large house. My father had come back to India from Karachi after the Partition. He was from a large family; my grandfather had five brothers. When my father came to India, we joined the main branch of the family who...

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