DAILY NEWS: OUR PICKS


Car companies are blaming everything but themselves for slow growth When Maruti-Suzuki India Ltd catches a cold, the rest of the automobile industry in India goes into sneezing fits. If you analyse Maruti’s latest quarterly results, you can see that it could have easily avoided the...

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VK Sharma 22 May 2014
The NDF market cannot influence the on-shore USD INR market and to that extent the RBI and government must agonise only over effectively enforcing the FEMA regulations   There is quite some compulsive feel, rather than any grounding in logic, to the current hype and hoopla over...

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Moneylife Digital Team 22 May 2014
Mathura-based Kalpataru group's two companies were barred by SEBI for raising money illegally from investors. Yet, the group has floated another similarly named company and is collecting money under its real estate scheme   Uttar Pradesh-based Kalptaru group is again collecting money...

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It took former Central Information Commissioner Shailesh Gandhi six months to get copy of the DGP's proposal on conducting a Crime Victimisation Survey, which would help judge performance and stop police from refusing to register complaints   Citizens are upset when important...

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Moneylife Digital Team 21 May 2014
The largest US banks continue to fabricate documents, rip off customers and illegally kick people out of their homes, says Salon.com   While announcing the National Mortgage Settlement on 9 February 2012, President Barack Obama had said that it would “end some of the most abusive...

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No top level changes in RBI are needed. Strong economic measures by the Modi government would automatically limit RBI's role to monetary policy    The Narendra Modi-led National Democratic Alliance (NDA) is going to form the new government shortly. For a country, trapped in never...

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Shirish S Shanbhag 21 May 2014
Here are the guidelines to follow while transferring a flat in a cooperative housing society- CHS to a legal heir or nominee   From the days of “ek bangla bane nyara”, a large part of our society, especially in cities, has come to comfortably adopt a lifestyle based on nuclear...

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Charles Ornstein (ProPublica) 21 May 2014
US Medicare gives itself the power to ban physicians if they prescribe medications in abusive ways. The action follows a series of articles by ProPublica documenting inappropriate prescribing, waste and fraud in its popular drug program    The federal government has granted itself...

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With e-voting facility available in the privacy of one’s own home/office, shareholders should make their preferences known Among the host of changes incorporated in the new Companies Act are the steps empowering small shareholders/minority shareholders that enable their active...

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Moneylife Digital Team 20 May 2014
Transgene Biotek insiders are again playing the game of price manipulation, while market regulator SEBI had no time to either watch unusual price changes or deal with investor complaints   Transgene Biotek Ltd, the company that is been in the news over alleged misuse of global...

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LIC’s much awaited online term plan e-Term has finally arrived. While it may not disappoint you with nearly 15%-40% discount over its own offline product, there is still a gap of 35%-50% over many online term plans. Will you pay a huge premium for the brand LIC?    Life Insurance...

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Strengthening the industrial base, reducing redtape and a focus on infrastructure should be the top focus areas   There is a sense of euphoria all around. And this is not at all ill-founded. After around 30 years, we have a government in power, which has absolute majority. A...

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Minhee Cho (ProPublica) 20 May 2014
ProPublica reporter Lois Beckett examines how gun violence research has become the "political third rail" - leaving us in the dark on some of the most basic facts about gun injuries in America   While we have clear data on murders from gun violence, no one seems to know how many...

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The Narendra Modi government has to undo a lot of mess that is being left behind, correct those that can be mended and introduce those that they promised to perform in their manifestos   The unfinished story of a huge burden now shifts to the new Indian government.  The Narendra Modi...

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It is the responsibility of every parent to make the children wise about money “T his generation is an ‘I want’ generation. They have been educated to entitlement and programmed for discontent” (from an essay titled “Parenting in a Commercial Culture” by Center for a New American...

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Aditi Jhujhunwala 20 May 2014
How can we rely on a Ministry as arbitrary as MCA, which brings something with a bang and then silently creeps in to correct the same without any indication?   The Ministry of Corporate Affairs (MCA) came up with the finalised rules on Companies Act, 2013 after comments from the...

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Moneylife Digital Team 19 May 2014
Credit Suisse, Morgan Stanley and Nomura suggest moves to bring down inflation, kick start capex cycle and pass laws that are currently stuck    After 30 years, the Indian electorate has given a decisive outcome in general elections with a single party crossing the majority mark...

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How drug companies influence scientists and institutions to tell lies   “A lie gets halfway around the world before the truth has a chance to put its pants on.”— Winston Churchill   Magna Carta was the original charter forced on to the King of England by a group of his own...

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Queency Raichada 19 May 2014
FSSAI's dictate on mandatory licence for road side food vendors, suppliers and transporters, like Mumbai's famous Dabbawala, would force them to down shutters forever as majority of them will not pass the stringent norms   Hot-steaming tea at your favourite chai stall, delicious-spicy...

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Harsh A Desai 19 May 2014
Khushwant Singh was best known for his trenchant secularism, his humour, and an abiding love of poetry. But how was he as a father? Rahul Singh shares reminscences about life with his famous father   Renowned journalist Khushwant Singh passed away recently, just after he started his...

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