DAILY NEWS: OUR PICKS


Charles Ornstein  and   Ryann Grochowski Jones (ProPublica) 25 March 2014
Research has been seen as less objectionable than other forms of interactions with drug companies, but 10 percent of researchers have multiple ties among the nine companies ProPublica analysed. That raises questions about doctors’ impartiality Pharmaceutical companies pay for the...

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India, the world’s second largest food producer, is witnessing growing distress and declining confidence in agriculture as most small and landless farmers, with less of a stake, are found to quit farming The recent unseasonal heavy rains, thunder and hailstorms originating from unusually...

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The matters in our burgeoning private universities would even make the angels weep. God save education and the country! “Education is the ability to listen to almost anything without losing your temper or your self-confidence.”

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The income tax department is on an overdrive and its notices of potential tax evasion are harassing retired people, senior citizens, homemakers and widows. Worse, the I-T department has even sent notices in time-barred cases that are over a decade old and to people without a taxable income

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Moneylife Digital Team 24 March 2014
India's largest banking union, AIBEA, has lodged an official protest with the EC about the RBI’s hurry to grant new banking licenses when the country is moving towards general elections to elect a new Parliament. The union says, you cannot overlook political views while granting new licenses

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Indo-Sri Lankan bilateral trade has the definite potential to reach $10 billion in the next few years, if efforts are made by both sides, considering the existence of free trade agreement signed way back in 2000 Sri Lanka, our southern neighbour, occupies a close, strategic and religious...

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Electricity is the cause of myriad illnesses and discomforts like tiredness, aches & pains “Each morning when I open my eyes I say to myself: I, not events, have the power to make me happy or unhappy today. I can choose which it shall be. Yesterday is dead, tomorrow hasn’t arrived yet. I...

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The problem with the Russian economy is that it is designed to favour its crony capitalists. Similarly, the assets of the Chinese elite are derived from government connections The West is attempting to force Russia into giving up the Crimea and invading eastern Ukrainian. Their weapons...

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Moneylife Digital Team 21 March 2014
Are consumer courts your only option? Or do some issues have faster, alternative solution? Three experts, Adv Bapoo Malcolm, Indrani Malkani and Shirish Shanbhag say yes Finding a solution or redress of your grievances requires you to make smart choices and act strategically. Most people...

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Bombay HC had asked IRDA to have insurers issue guidelines to TPA on claims recommendation within four weeks. They should also see if the insurers can declare pre-packaged rates for 42 ailments in the same guidelines. Are TPAs still settling claims? The Bombay High Court (HC) had asked...

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Moneylife Digital Team 21 March 2014
Citizens from the tri-city of Chandigarh, Mohali and Panchkula launched a signature campaign asking Haryana government to stop prosecution of Dr Ashok Khemka Citizens from Chandigarh, Mohali and Panchkula have launched a signature drive asking Haryana chief minister Bhupinder Singh Hooda...

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Why real-world decisions require a combination of left-brain analysis and right-brain ambition As we know, individuals are prone to various biases, such as looking for information that will confirm what they believe (confirmation bias) or have the illusion of control and imagine that...

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The man behind the world’s largest bicycle and motorcycle company This book is about Om Prakash Munjal, founder of the Hero Cycles and manufacturer of Hero motorbikes. It highlights the advantages of a home-grown and people-driven style of management over the process-driven Western...

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Moneylife Digital Team 21 March 2014
It already sports high returns and low valuation. Faster growth will make it hot Smaller and medium-sized Indian pharmaceutical companies have continued to display their strength, launching bulk actives at low cost and generating steady export revenues. One such company is Aarti Drugs...

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Moneylife Digital Team 20 March 2014
Even if the BJP-led government comes to power, it may not mean the start of an investment cycle, cautions Credit Suisse because only a fourth of projects are stuck with the central government; the rest are constrained by overcapacity, balance sheets, or state governments At the cusp of...

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The crisis in Ukraine may give India an opportunity to export more wheat, provided we ship out more, as our central pool stood at 24.2 million tonnes, twice more than the buffer and strategic needs Despite the US and European threats and entreaties, Russia went ahead supporting the...

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Shambo Dey  and   Prachi Narayan 20 March 2014
Class actions aim to minimise litigation by reducing multiplicity of suits, however, the ambiguous provisions leave no option for commoners other than to look up to the courts for clarity and interpretation. This is the concluding part of a three part series The provision for class...

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Abhirup Ghosh 20 March 2014
RBI’s initiatives to curb NPAs are good and would help minimise the stress. However, given the past record on a number of failed reforms, one question arises – can the regulator alone be able to tackle rising NPAs deftly? Good health of banks is critical to the health of the economy and...

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Policy for families with only girl child New India Assurance has launched “Asha Kiran”, a family floater health insurance, which gives a 50% discount for the girl child. The policy has daily cash benefit on hospitalisation, critical care benefit up to 10% of the sum insured and emergency...

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Immediate annuity product, with competitive rates Kotak Life e-Lifetime is a new immediate annuity product that offers four annuity options, the most popular being annuity with return of purchase price to the nominee. It is called “Lifetime Income with Cash-back” in the new plan. Kotak’s...

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