DAILY NEWS: OUR PICKS


Political parties have been making violent noises over toll charges intermittently and then falling silent. However, the real truth about toll collection will come out only if more citizens file RTI applications asking relevant questions The tirade against toll charges in Maharashtra,...

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Under the auction of the new licensing policy, bidders can look for all types of hydrocarbons, such as gas, oil, coal bed methane or shale Two weeks ago, during the Petrotech 2014 meet at Noida, petroleum minister Veerappa Moily gave some details of the new auction planned, where as many...

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TruthInAdvertising.org 30 January 2014
If you have to pay $50 for a get-rich-quick scheme, who’s getting rich — you or the person you’re buying the scheme from? How easy is it to get rich quick? Real easy, according to the Internet. Here are 50 ways we found to make plenty of money fast. And while some ideas may actually...

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Charles Ornstein (ProPublica) 30 January 2014
US consumers with questions and concerns about their new health insurance under the Affordable Care Act sometimes find that complaints on social media get a faster response than calls or emails Fed-up consumers, armed with questions and concerns about their new health insurance under the...

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Shambo Dey 29 January 2014
The legality of the options for institutional investors in private equity agreements has been subject to an ongoing debate at the hands of various regulatory institutions and investor forums Option contracts have been an integral part of the private equity transactions in India. Option...

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Moneylife Digital Team 29 January 2014
Maruti Suzuki appears to have done a grave injustice to its minority shareholders by agreeing to enter into a deal with a 100% subsidiary of Suzuki Motor Corp, the dominant shareholder of carmaker, says InGovern Bengaluru-based InGovern Research Services has advised shareholders of...

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The government must dole out incentives at the earliest, else the farmer may be forced to reconsider if it is worthwhile for him to continue with producing sugarcane or go in for other crops The Indian sugar industry has carried over a large stock of 85 lakh tonnes from the last season....

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Julia Angwin  and   Jeff Larson (ProPublica) 29 January 2014
ProPublica lay out more from its story about how the NSA and its British counterpart have been scouring smartphone apps As we detailed on Monday, documents show the NSA and its British counterpart have been probing advertiser data on smartphone apps, which can include your gender,...

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Moneylife Digital Team 28 January 2014
Rahul Gandhi mentioned RTI for almost 33 times in his interview to TimesNow. This prompted Shailesh Gandhi, the former CIC, to send an open letter asking the Congress leader to discard moves to amend the RTI Act and also appoint a PIO at his own party for giving information under the...

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Dr Nupur Pavan Bang  and   Prof Vikram Kuriyan 28 January 2014
Risk management models used by professional investors often assume that securities can be traded infinitely. When liquidity dries up, especially in a systemic way during periods of crisis, it becomes very expensive to trade "When there is rain, umbrellas become expensive. But when there...

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Arthakranti is an interesting take on the Indian economy. However, informed discussions and revision are required to take India forward Innovation is the key to development. A country with 67 years of democratic rule, experimented with several economic policies with not much success. The...

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Charles Ornstein (ProPublica) 28 January 2014
A California man says his insurer rolled him into a new plan and deducted money from his bank account without his approval. Insurers have promised refunds, but he hasn’t received one yet When California pharmacist Kevin Kingma received a letter last fall notifying him that his...

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Any action that prevents the mining operation in Odisha will greatly hamper the country's export and the domestic market Justice MB Shah Commission's report on the illegal mining activities going on in Odisha, submitted recently, has been put on the backburner, for the time being, as the...

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Moneylife Digital Team 27 January 2014
On behalf of its 28,000 members and bank customers, Moneylife Foundation has sent a letter to the RBI governor seeking more clarification for exchanging old or pre-2005 rupee notes In order to get more clarity on the currency notes withdrawal and exchange process, Moneylife Foundation,...

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Kara Brandeisky (ProPublica) 27 January 2014
US President Obama, who delivered a speech on surveillance policy last week, has made a series of misleading statements about the NSA Since the first disclosures based on documents provided by former National Security Agency (NSA) contractor Edward Snowden, US president Barack Obama has...

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Can Indians trust likes of P Chidambaram, Sam Pitroda, Montek Singh Ahluwalia, Nandan Nilekani and C Chandramouli, who are collecting our biometric data just because they say that their heart bleeds for unreached poor? In addition, the silence of Congress, BJP and other political parties on...

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Throwing good money after bad is never a good idea, but if you put too much stress on an overleveraged system, you risk a systematic impact. Either way, the Chinese government, like other governments, will reap what they have sown. The only question is when? Default. It is an ugly word....

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Moneylife Digital Team 24 January 2014
Advertising Standards Council of India (ASCI) not only has a detailed code to ensure truth in advertising but also allows you to file complaints against complaints online (www.ascionline.org). However, it is the duty of the common man to complain about them and be part of the...

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Moneylife Digital Team 24 January 2014
A case where a Thane RTO PIO had ordered an RTI applicant to fork over a whopping Rs55.44 lakh pertaining to auto-rickshaw permits was overturned by the chief information commissioner, Ratnakar Gaikwad and he ordered the state transport commissioner to disclose information The chief...

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Birla Sun Life Mutual Fund has recently launched a close ended equity scheme which will invest in eligible securities as per Rajiv Gandhi Equity Savings Scheme (RGESS)   Like other Rajiv Gandhi Equity Savings Scheme (RGESS) eligible mutual funds, the new RGESS scheme from Birla Sun Life...

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