DAILY NEWS: OUR PICKS


Marry in haste and repent at leisure is a popular saying. One fact that takes a toll on modern marriages that are increasingly ending in divorce is financial incompatibility. Here is a look at the stress points that may develop in relationships That marriages are made in heaven is now...

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Sushmita V Gopalan 17 June 2013
EAS Sarma, the former secretary to GoI suggested that the MCA evolve a system to trace dubious investment or shell companies involved in money laundering EAS Sarma, former Secretary to the Government of India, has suggested that the ministry of corporate affairs (MCA) evolve a system in...

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Joaquin Sapien (ProPublica) 17 June 2013
Brooklyn District Attorney Charles J Hynes will be deposed by the lawyer for a man who has accused Hynes of running a prosecutor's office, where misconduct is condoned, even rewarded. Hynes, who has denied the allegation, had sought to avoid answering questions under oath, but a federal judge...

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Moneylife Digital Team 17 June 2013
The RTI application mindlessly travelled in the hands of over dozen officers. None of them added any value but only added to the cost of his salary to the public and hindered the process of giving the information, the CIC said. This is the 114th in a series of important judgements given by...

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Moneylife Digital Team 17 June 2013
Balance of payments and inflation and growth rate will determine future monetary stance, the central bank said   The Reserve Bank of India (RBI), in its mid-quarter review of the monetary policy on Monday, decided to keep key interest rates, cash reserve ratio (CRR) and repo rates

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Indians have always invested in gold for weddings, gifts and as a hedge against inflation. But now there are other reasons—investors feel harassed by the tax and regulatory authorities. Can the FM and other authorities do anything about them?    The central government is restless and...

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Justice Rajindar Sachar (Retd) 14 June 2013
The real reason for Maoist presence is the indefensible antipathy of the government to follow the policy of development with justice to the tribals, which alone will make Maoist influence wither away The recent murderous attack by Maoists in Chhattisgarh resulting in death of 28 persons,...

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Moneylife Digital Team 14 June 2013
Zen Technologies bought the 10% stake of Rakesh Jhunjhunwala @ Rs70, under its ongoing buyback offer. This left hardly any buyback from retail investors which boils down to one rule for the big investor, another for the small guys   Zen Technologies was in the market to buy back...

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Moneylife Digital Team 14 June 2013
Credit Sudhaar, a non-specified user entity is sending mails to people whose loans have been rejected. It not only claims to enhance and protect but also 'restore' credit of individuals for a yearly fee of Rs16,000. However, the firm has no answer about how it could do the job Is Credit...

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Moneylife Digital Team 14 June 2013
Often women are portrayed as victims, while men are seen as abusers. The arrest of Suraj Pancholi in the Jiah Khan Suicide case is not an example of the perils of lovesick women, but more evidence of an irresponsible police force says Save Indian Family Foundation, a non-profit NGO fighting...

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Sebastian Rotella (ProPublica) 14 June 2013
Officials say National Security Agency intercepts stopped David Coleman Headley's planned attack in Denmark, but sources say a tip from the British led to his capture after the US failed for years to connect multiple reports of terror tie June 12: This story has been updated with NSA...

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Moneylife Digital Team 14 June 2013
The PIO can furnish information that is not held by him in a fiduciary position but only as a consequence of discharge of legal obligations. This is the 113th in a series of important judgements given by former Central Information Commissioner Shailesh Gandhi that can be used or quoted in an...

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Anishi Khetan 14 June 2013
The new Real Estate Regulation bill does not explicitly cover commercial property and instead mentions residential flats in several places. Has it been deliberately left out, or is it covered by implication? Experts have differing views Does the draft Real Estate (Regulation and...

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KK Sharma 14 June 2013
The judgement will ensure that there is fear of competition law and the SC in the mind and hearts of those who may be tempted to rob Indian consumers of their hard earned money 12 June 2013 would be remembered as a defining moment in the evolution of competition law jurisprudence in the...

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Khalid Memon 14 June 2013
The mysterious bill for a real estate regulator, which is not in the public domain is a big move forward in protecting buyers, but will require some debugging. One of the area of confusion would be the definition of promoter which includes bulk buyers who will also be allottees, says realty...

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The aviation regulator has allowed for various services to be charged separately. How can you use this to your advantage? During late-April 2013, India’s civil aviation regulator, Directorate General of Civil Aviation (DGCA) allowed the airlines in India to ‘unbundle’ their products and...

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Unlike Ford, Datsun should take the trouble to find out what customers want rather than force unnecessary stuff down their throat The Datsun, Nissan’s ambitious low-cost hatchback car, due to be launched in India in July, is being benchmarked against the Tata Nano as far as top-speed...

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Moneylife Digital Team 13 June 2013
The sheer scale of manpower, money and monitoring team needed to regulate and monitor the huge real estate sector would be stupendous. Has the government assessed the true scope of work The Real Estate (Regulation and Development) Bill, 2013, approved by the Union Cabinet aims to protect...

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The real estate bill, recently adopted by the cabinet, seeks to register brokers or agents. While this would bring in some accountability, its effectiveness may fail in implementation given our experience of other regulators The Union cabinet on 5 June 2013, cleared the Real Estate...

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Moneylife Digital Team 13 June 2013
The Union Cabinet has cleared the Real Estate (Regulation and Development) Bill, 2013, however, it is not yet available in the public domain for reasons best known to the government. The only Bill available on the web is a draft of 2011 The real estate sector is a critical driver of...

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