DAILY NEWS: OUR PICKS


Moneylife Digital Team 04 June 2014
At a Moneylife event, Debashis Basu, explained in detail all the things that a saver needs to know about how and when to invest in stocks and bonds, given the current market environment The BSE Sensex and the NSE Nifty continue to hit their all-time highs. A majority of Indian retail...

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Moneylife Digital Team 04 June 2014
As economic growth picks up, India’s currently under-penetrated financial services sector could deliver significant and out-sized returns, says Morgan Stanley For India, a growth of 6.75% per annum is achievable over the next 10 years, which would translate to a $5 trillion economy by...

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Are the taxes in your repair and service bill going to the government?   Have you looked closely at your automobile repair & service bills, and re-checked the vast variety of taxes and other charges levied on everything—from spare parts to lubricants to labour charges? Chances are...

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Puneetkumar Pattar 04 June 2014
While many appreciate the progress from ATM cards to debit cards, there are many bank customers out there who do not see any real reason for shelling out a hundred rupees every year as annual fees The banking industry has come a long way and today we are almost at a stage where everyone...

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Joe Sexton (ProPublica) 04 June 2014
A New York City Department of Investigation report documents a shocking coziness between the two top law enforcement officials in Brooklyn The correspondence between the senior Brooklyn judge and the long time district attorney is remarkable even for the often troubled world of Brooklyn...

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Should the government seriously consider making Railways into a corporate body, as this would enable them to go in for joint ventures, modernise, disinvest and even raise capital for their need? Out of the 40 Railway Ministers we have had in India so far, eight of them have come from...

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Bullishness in the secondary market has failed to spill over to the IPO market. From January to May 2014, there was only one IPO Over the past four years, due to poor sentiment and secondary market volatility, there were very few initial public offerings (IPO). Now, although the stock...

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KK Sharma  and   Sangeeta Singh 03 June 2014
Recent amendments in merger regulations will help bring clarity in M&A deals, especially big ticket international mergers, which will need Competition Commission's approval as the parties concerned have businesses in India Almost three years after issuing the notification that mergers...

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TruthInAdvertising.org 03 June 2014
Data brokers use the staggering amount of information in a variety of ways, including helping clients target consumers with ads and offers based on their perceived interests If you weren’t worried before about what information big data companies have tracked and stored about you, you...

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If Narendra Modi is serious about governance, PSUs could be the major beneficiaries   By the time this is read, a new government would be in place. Even at this point of time, it looks like it is going to be a cobbled-up government and not much is going to happen by way of miracles on...

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In a notification issued on 30 May 2014, the Ministry of External Affairs-MEA cautions citizens not to fall for fraudulent agents as Passport Offices are the only recognised channels to apply for passport In order to do away with the 'Agent Raj' for passport applications, the Ministry of...

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No doubt, Dharmendra Pradhan would do all that it takes to ensure work goes on smoothly, and clears approaching hurdles. The new minister, Dharmendra Pradhan, has a lot on his plate that the former UPA minister Moily left for him to handle.  It may be recalled that the major issue that...

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Shinzani Jain 02 June 2014
Normal reaction of any MP or MLA to a problem, even if economic, is generally that it would be resolved through a legislation. However, whether the legislation can be enforced or not is never analysed, says Dr Bibek Debroy Our laws range from retrograde to obsolete and almost always...

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Moneylife Digital Team 02 June 2014
Followed by Modi wave, Indian stock markets surged up in last few weeks, as usual the business channels has spread the 'noise' by bombarding 'free expert advices.' Know the truth behind the noise, says Ajit Dayal of Quantum! Over the past few weeks since Narendra Modi lead Bhartiya Janta...

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The world without (reductionist) medicines will be a boon to mankind. Take a look at the example of cholesterol-reducing drugs   “The groundwork of all happiness is health.”— James Leigh Hunt (1784-1859)   The latest Reader’s Digest has an article with the above-mentioned...

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ETFs do provide safety, diversification and an enviable track record. However, besides cost and diversification, investors have to be careful as to exactly what asset classes and strategies the ETF represents One of the world’s most celebrated investors doesn't seem all that optimistic...

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Seth Freed Wessler (Special to ProPublica) 02 June 2014
Mindi has never harmed her daughter and is capably raising a son, but authorities took her daughter under a concept sometimes called “predictive neglect” This story was co-published with The Daily Beast. In August 2009, Mindi, a 25-year-old struggling new parent, experienced what...

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Moneylife Digital Team 30 May 2014
NDTV has argued that the matter was “sub-judice” and that it has received a stay. Other listed companies, including Infosys, however, time and again have disclosed such information to the bourses   Prannoy Roy-led New Delhi Television Ltd (NDTV), was served a Rs450 crore demand notice...

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The Maharashtra Women and Child Welfare department, which had cancelled the permission of Pune’s SOS Balgram, is likely to re-issue its license to the orphanage    The smile on the faces of 220-odd girls and boys between five years and 18 years, who are all residents of the unique...

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Moneylife Team 30 May 2014
What should be Narendra Modi’s moves to help savers who have been suffering the capricious and maddening tax rules, apathetic regulators, poor grievance redress for faulty financial products and rampant mis-selling?   After 30 years, a single party has secured an absolute majority in...

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