DAILY NEWS: OUR PICKS


Obesity is a serious health issue, but for the majority of Indians it is the lack of nutrition and food, enough to even survive, that is a pressing concern. How I wish we could devise a new method for solving India’s problem of disappearing waistlines, while others worry about their...

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Dalbir Chhibbar 30 June 2014
The single biggest reform required in the Indian police system is to insulate it from the control of politicians and the ruling government Policing is regulated by the obsolete and archaic Police Act of 1861. Few states, police being a state subject under article 246 of the constitution,...

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Justin Elliott (ProPublica) 30 June 2014
The charity is fighting ProPublica's public records request for information on how it raised and spent money after the super storm Just how badly does the American Red Cross want to keep secret how it raised and spent over $300 million after Hurricane Sandy? The charity has hired a...

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Rakesh M Goyal  and   Ankur Goyal 27 June 2014
A lack of vigilance towards how our education system is developing is going to end up causing long term harm to a wide swathe of Indian society. In the previous article on black money generated through the education sector, we discussed the amounts generated and the wide swathe of...

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Dalbir Chhibbar 27 June 2014
India faces formidable security challenges and the only way to address them is to re-work the framework under which our services operate India's armed forces are rightfully held in highest esteem and respect by citizens. They are brave, patriotic, highly disciplined and dedicated towards...

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VK Sharma 27 June 2014
Higher regulatory capital or leverage ratio would mean involuntary monetary tightening as it were! Pre-crisis, luxuriant supply of liquidity in an exceptionally low interest rate environment led banks to expand credit in any way they wanted, and inflate in the bargain the now infamous...

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This 'Little Book' is a selection from Jack D. Schwager's classic set of four previous 'Market Wizards' books. In any list of ‘must-read’ books on trading, you would certainly find two titles of Jack Schwager: Market Wizards and The New Market Wizards. These two books—and a few later...

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Anand Desai 27 June 2014
A look at how gods and goddesses play a pivotal role in deciding trends in the Indian marketplace This book provides a trivia-heavy look at the pervasiveness of religion in India, from the point of view of the fast-moving urban Indian. Even though breezy, the book is valuable, especially...

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Rakesh M Goyal  and   Ankur Goyal 26 June 2014
Speculations are that a big part of this money goes to politicians and bureaucracy as a large number of institutes are owned, controlled and managed by politicians and business houses There was a time, not long ago, when education was a noble profession. Creating a school or college was...

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Moneylife Digital Team 26 June 2014
This was in connection with a compalint filed by Dr. Subramanian Swamy accusing Sonia and Rahul of illegally acquiring the assets of the National Herald newspaper. A Magistrate in Delhi issued summons to Sonia Gandhi and Rahul Gandhi, requiring them to appear before the court on August...

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You can easily get refund of a train ticket bought through the Railways passenger reservation system or PRS, either online or through a  ticket window. There may be some delay in refund for tickets bought from private re-sellers If there is one technology based product in India, which...

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Never mind the recent furore over official foreign tours by MLAs from Karnataka and Goa, An RTI reveals that Pune’s councillors and officials went on a Japan trip, flouting FCRA norms and model code of conduct. Unfazed, they are contemplating a trip to Indonesia as well Seventeen...

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Switzerland is very clear on the secrecy of bank accounts and the best example of this is the Foreign Account Tax Compliant Act (FATCA) agreement signed by the US with Switzerland For once it looked like that the black money problem of India had been solved, as far as Switzerland is...

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If a high premium and added loading for adverse health conditions mentioned as per the plan aren't a worry for you, then this is a good product to buy Bajaj Allianz has launched a comprehensive mediclaim product, Health Care Supreme, with some unique features such as air ambulance and...

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This plan can give you wide ranging cover for risks with the cherry of providing the cover on an agreed value basis Bajaj Allianz has launched a comprehensive home insurance product. It covers building, home contents, jewellery, valuables, works of art, curios and paintings, under a...

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Moneylife Digital Team 25 June 2014
Somebody with knowledge of the merger between Prime Focus' unit and Double Negative boosted the company's share price. Even the number of shares traded in Prime Focus jumped ten fold since last Friday. Will SEBI wake up?  Prime Focus Ltd on Wednesday announced the merger of its creative...

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Dalbir Chhibbar 25 June 2014
The present system of land acquisition is grossly unjustified and not acceptable to any one, and as a result, a big mass of useful industrial land is lying idle or is under litigation Land has always been the most emotional asset for Indians. Most rural landholders hardly ever monetise...

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The huge variation in the wholesale market and end-user price of onions is due to hoarding and involvement of multiple intermediaries who make a fast buck in each transaction. The poor farmer gets next to nothing for his toil It is an annual feature in our country, when the aam aadmi...

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While no benefit of doubt can be given to both IRDA and SBI Life, can the customer be absolved of all responsibility in this case of 'mis-selling' In a sensational judgement, the Allahabad High Court (HC) has found SBI Life guilty of serious mis-selling and has ordered SBI Life to return...

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Investors would have been better off investing through SIPs, than using the services of fund managers managing the so called Dynamic Plans Dynamic plans of equity mutual fund schemes give fund managers an opportunity to time the market. Of course, the general mantra of mutual funds is...

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