DAILY NEWS: OUR PICKS


Debashis Basu Debashis Basu 06 September 2012
It is clear now that mis-selling is rampant, experts don’t know that much, the human mind is not hardwired to understand money and the band-aid of financial literacy is irrelevant. No wonder the financial sector is shrivelling. There is a way out. Our financial regulators need to be educated...

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Moneylife Digital Team 05 September 2012
While the RTE is a welcome step, its practical implications would sweep away teachers who are not trained or equipped to impart physical, mental and social skills to different classes of students, including children with disabilities They say reality bites. Well, the practical realities...

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Ramesh S Arunachalam Ramesh S Arunachalam 05 September 2012
Irrespective of wherever the fund or fund managers get investment from, regulating/supervising MIVs at the place of incorporation and/or where their establishment exists would be most appropriate Micro-finance investment vehicles (MIVs) have been a topic of recent discussion, courtesy...

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MDT/PTI 05 September 2012
While the SBI chairman termed the statement of the Governor Subbarao as 'a joke', Dr Charkabarty said the SBI chief is not ready to listen to the regulator, and there cannot be any regulatory issues   Mumbai: Reserve Bank of India (RBI) Governor Duvvuri Subbarao played down the cash...

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AK Ramdas AK Ramdas 05 September 2012
Once the coal block discovery and its potential is made, both the state and the environment ministry must undertake a detailed study and draw up a checklist of dos and don’ts that need to be done, correct the situation, and only then make the block available for use According to a...

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Moneylife Digital Team 04 September 2012
A series of accidents in the Mumbai Metro being built by the Reliance group of Anil Ambani throws open the question whether private sector involvement, without accountability, can be the answer to our infrastructure needs   A 50-metre slab of the metro track on the Andheri-Kurla road...

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Moneylife Digital Team 04 September 2012
It is the finance ministry and not the RBI that is responsible for all the confusion over the size and design of Rs2, Re1 and 50 paise coins   Have you been blaming the Reserve Bank of India (RBI) for the changes in currency and the fact that the Rs2 coin looks like the Re1 coin, the...

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Moneylife Digital Team 04 September 2012
Questions put to the finance minister on the manipulation in the F&O segment have been vaguely answered. Who is the ministry of finance looking to protect?   Rajeev Chandrasekhar, an independent Member of Parliament (MP) in the Rajya Sabha, recently asked a list of questions...

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Moneylife Digital Team 03 September 2012
The FIPB, in its forthcoming meeting may discuss various alternatives, including whether action should be taken against MLM companies, as states such as Andhra Pradesh have found their business model prohibited under the PCMCS Act and have requested a review of approvals for these...

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Rajan Alexander 03 September 2012
The debate over global warming has engulfed one and all—climatologists, meteorologists and climate alarming scientists, and the scepticism is quite clear. So why are meteorologists more likely to take to climate scepticism? More on it... An email forwarded to me informs me that The...

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Moneylife Digital Team 03 September 2012
A Morgan Stanley Research report warns that slow economic growth along with continued acceleration in government spending will lead to an increase in the fiscal deficit against the government’s budget estimate   A Morgan Stanley Research report anticipates that the FY13 fiscal deficit...

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Moneylife Digital Team 03 September 2012
Government inaction could entail further deceleration in GDP growth to 4.3% in FY13, sharper depreciation of the exchange rate and a shock to the banking system by March 2014, says Morgan Stanley     Morgan Stanley Research has painted a weak picture of the Indian economy, with slower...

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MG Warrier MG Warrier 03 September 2012
There are schools, colleges, institutes and even universities grooming candidates for different careers, but none for politics. Time is opportune for India to think of establishing Schools of Politics at all levels This decade is finding politicians in India running for life (sometimes...

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AK Ramdas AK Ramdas 03 September 2012
Coal India as a monopoly, has grown far too big to handle its operations. Perhaps, the time has come for Coal India to be split   Black clouds are gathering over the anticipated heavy storm conditions in the capital this week, as opposition parties, spearheaded by the BJP, chant the...

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MDT/PTI 03 September 2012
According to market analysts, the might worsen as local governments have attempted to unleash a new round of stimulus packages amid the current economic downturn Beijing: China's state-run banks are facing increased bad loans partly due to a lending spree to support massive economic...

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MDT/PTI 03 September 2012
Pay packages of company chiefs like Chanda Kochhar, AM Naik, Rahul Bajaj, Pawan Munjal, Nitin Paranjape, Anand Mahindra, Navin Agarwal and N Chandrasekaran rose, while Wipro's Azim Premji, Infosys' SD Shibulal and Bharti Airtel's Sunil Mittal took a cut in their total pay packages during...

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MDT/PTI 03 September 2012
Carmakers are accused of abusing their dominant position by making available spare parts only through their authorised dealers, who in turn sell them at higher rates New Delhi: The Competition Commission of India (CCI) may soon send notices to as many as 17 carmakers, seeking their...

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Vinod Kothari Vinod Kothari 01 September 2012
With life savings of millions at stake, the question is—why was the administration sleeping while this Rs20,000 crore was raised through a million agents?   The ruling of the Supreme Court in the Sahara Real Estate Corporation (Sahara) case is a landmark ruling, not so much for the...

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MDT/PTI 01 September 2012
Sahai had written a letter to Prime Minister seeking his personal intervention for allocation of two coal blocks to SKS Ispat and Power Ltd. The very next day, the PMO wrote to the Coal Secretary recommending 'appropriate' action   New Delhi: Tourism Minister Subodh Kant Sahai, who is...

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Moneylife Digital Team 31 August 2012
Moneylife Foundation held an exclusive, in-depth session addressed by Raj Pradhan, where he explained in detail what to look for in the different kinds of insurance covers we need Moneylife Foundation conducted exclusive seminar on insurance. The 127th event titled “How to Ensure you...

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