The Taste a home-grown enterprise
The door bell rang at a residence in Mumbai suburbs. A wheezing old man was standing outside with an earthen pot. The bespectacled, silver-haired man wearing a white shirt and a crumpled white dhoti stared till he caught his breath. He was
too old to have been carrying an earthen pot on his head. “Rasagolla,” he wheezed, “rasagolla.” He was given a helping hand and the pot...
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  • Why Are FMPs Kept Secret?

    There are good reasons why FMPs are not easily available for retail investors. If you want to subscribe, you will have to make an extra effort

    One of our readers had mentioned that the Fixed Maturity Plans (FMPs) launched by various mutual funds (MFs) are cloaked in secrecy. They remain open for one or two days; there is not much publicity; and not everyone gets an opportunity to get in....

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  • Value, Not Price

    When the market is soaring, newcomers are told to ‘buy on dips’. When the market tumbles, the refrain changes. ‘Sell on rallies’, say the veterans. Time goes by. Newcomers become
    old-timers. The advice is handed on, its longevity undoubtedly aided by the fact that it seems so reasonable. But wait. A dip is a dip only if the price doesn’t keep falling. What if you buy on a dip, and then, after...

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