DAILY NEWS: OUR PICKS


In order to increase coal production, Moily must ensure that projects do not get inordinately delayed on the issue of clearances that apparently plague the industrial development, particularly in the mining industry With Jayanthi Natarajan leaving the ministry and Veerappa Moily taking...

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Moneylife Digital Team 30 December 2013
Would you like to save on mobile banking transaction charges? Then, you need to know that only four banks out of 59 banks charge customers for using the interbank mobile payment system and even NPCI charges just 25 paise per IMPS transaction from the remitter bank State Bank of India...

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The suggested timeline of 210 days for CDR has potential for misuse, especially when the original loan may have been sanctioned within less than 30 days. This will only give defaulters more time and escape route The Reserve Bank of India (RBI)’s draft paper on ‘Revitalising Stressed...

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Free money from the US Fed allowed Turkey, South Africa, India, Brazil, and Indonesia and others to run deficits as their higher interest rates created a demand for their bonds and currencies. Now that has reversed So far the markets seem to have taken the US Federal Reserve’s (Fed)...

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The government has finalised arrangements with some 23 countries with whom Indian importers and exporters can trade in local currencies, thus eliminating dependence upon third party currency like the US dollar   What is this Currency Swap Arrangement (CSA)? This arrangement, between two...

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Shyam Divan 30 December 2013
The Aadhaar project with its enormous potential of surveillance alters the relationship between citizen and state.  It tilts the balance so steeply in favour of government that a citizen whose biometrics are controlled by the State is permanently condemned to submission Before we get to...

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EAS Sarma 27 December 2013
The widespread public anger against the vulgarity of most politicians is increasing day by day. In the coming years, perhaps, there will be a churning of the political system that should bring out new models of people-oriented groups willing to enter the arena of politics and governance

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Moneylife Digital Team 27 December 2013
Cliff Asness, a well-known hedge fund manager who runs AQR Capital, lists his annoyances and debunks widely held investment beliefs   Clifford Asness, managing and founding principal of AQR Capital, a very well-regarded specialist hedge fund in the US, is an outspoken man who often takes a...

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Moneylife Digital Team 27 December 2013
IIM Ahmedabad has teamed up with Random House to publish a series of management and business books, under the ‘IIM Ahmedabad Business Books Series’, to bring their teachings to a wider audience. IIM Ahmedabad has teamed up with Random House to publish a series of management and business...

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The story of the girl who stood up for education and was shot by the Taliban Malala Yousafzai, who dared to defy the Taliban to educate herself, and got shot, has now written a book, along with journalist Christina Lamb. A large part of the book is about the beauty of the Swat Valley,...

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N Madhavan 27 December 2013
While women continue to battle against violence and rape, men are also being victimised by laws meant to protect women. Crisp India, or Child Rights and Shared Parenting, is an NGO that highlights this “There is no doubt that the father’s involvement in childcare cannot be substituted by...

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Fragments of global culture and history, expressed through numbers Do you know the number of Olympian Gods, according to Greek mythology? Can you name the seven sins of Christendom? Hint: if you watch Brad Pitt’s movie Seven, you might be able to answer this question. How many...

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Divya B Malcolm 27 December 2013
An agriculturist is one who 'cultivates the land personally'. A company is an artificial person having a distinct personality. Being an artificial person it cannot cultivate land personally and even if it hires labour it cannot be said to cultivate on its own account The mischief to...

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Hope Veerappa Moily is able to clear all the pending environmental issues that Jayanti Natarajan has left as her legacy Petroleum minister Veerappa Moily has taken over the additional responsibility of being the Minister of Environment & Forests (MoEF), a job from which Jayanti Natarajan...

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Moneylife Digital Team 26 December 2013
In an interactive session at Moneylife Foundation, advocate Bapoo Malcolm explained to a packed house the practical aspects of making a will Through a Will, we offer specific instructions about what has to be done with movable and immovable properties after our death. As simple as it...

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Most of our pathophysiology of diseases is based on the Darwinian model unfortunately, and it has to change for the good Darwinian evolution theory has become outdated and is replaced by Lamarckism. Charles Darwin himself agreed with Jean-Baptiste Lamarck but neo-Darwinians, who have a...

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Most of those who are in public life are in the ‘fifth column’ because of either their naivety or their seemingly apolitical tunnel vision for UIDAI’s Aadhaar project, which makes them act treacherously in a historical vacuum It is said that once on a military campaign Napoleon...

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Fund houses are rushing to launch new equity schemes or NFOs. Should you invest in them? Read our analysis to find out Mutual fund houses have refrained from launching new fund offers (NFOs) in 2012. Now that the market has slowly started to trend upwards and made all-time highs, NFOs...

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The UCO Bank account is bulging with excess funds to the extent of Rs50,000 crore. It is an opportune time to take advantage of the relaxed situation and meet Iranian needs as far as possible The Iranian nuclear deal with six European powers, including participation by the US, has...

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Bhiwandi-based RTI activist Abrar Shaikh was killed last week for seeking information on illegal constructions. As usual the killers are yet to be caught. This prompted other RTI activists to successfully steer campaign to put documents in public domain on information sought by the slain...

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