DAILY NEWS: OUR PICKS


Ramesh S Arunachalam Ramesh S Arunachalam 04 October 2013
Given the lack of a clear national microfinance policy guiding its overall strategy and implementation, the MFI Development & Regulation Bill is indeed a hugely incomplete legislation. Let’s hope that the Parliamentary Committee takes note of these aspects and ensures that these are properly...

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Vinita Deshmukh Vinita Deshmukh 03 October 2013
For the first time ever, a cabinet note, otherwise deemed `secret document’ is uploaded in the public domain to facilitate public consultations; thanks to public outcry A handbook issued by the Cabinet Secretariat, on guiding Parliamentarians on how to write cabinet notes states...

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PS Deodhar 03 October 2013
PS Deodhar is former advisor to Rajiv Gandhi on electronics, but even his article in 2009, highlighting the problems with Aadhaar, was ignored in a hurry to push through Nandan Nilekani's ambitious and expensive UID scheme On 1 July 2009, in a Delhi seminar on the subject of national...

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Dr SD Israni 03 October 2013
The new Companies Act is all set to thrust spotlight on corporate social responsibility. It could also be a game-changer for the social sector and provide jobs to many young people wanting to make a different kind of career The Companies Act, 2013 (the Act), is all set to replace the...

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Kara Brandeisky (ProPublica) 03 October 2013
A roundup of interesting stories about US government shutdowns We’ve been here before: The U.S. government has shut down due to lack of funding 18 times in its history. Most of those shutdowns were short-lived, usually lasting only a few days or a little over a week. The longest shutdown...

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Veeresh Malik Veeresh Malik 03 October 2013
Why should you opt for push-button over mechanical spring-loaded locks? What is the correct type of tyre to choose for your spare wheel? Also, how good is the Mahindra Reva e2o? The lucky rescue of six people near Bengaluru by a minister brings to the fore an issue that Moneylife has...

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Moneylife Digital Team 03 October 2013
September auto sales indicate some stability in passenger car and two-wheeler segments but suggest further deterioration in commercial vehicle segment, especially in MCHV Auto sales during September turned out to be better for passenger vehicles and two-wheelers, while the commercial...

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Ramesh S Arunachalam Ramesh S Arunachalam 03 October 2013
While Dr Raghuram Rajan, the new governor of RBI emphasising on inclusive growth and development is good news, the central bank needs to focus on quality and impact of financial inclusion services that would be easy to access and  compatible with the needs of customers Dr Raghuram Rajan,...

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Moneylife Digital Team 03 October 2013
Swedish households pay, on average, one-tenth of what older US households pay for medical and long-term care The whole purpose of retirement planning is to have enough money to live comfortably in retirement and even splurge occasionally. At the same time, after retirement, you’re

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Moneylife Digital Team 03 October 2013
In the US, the concept of ‘fee-only’ advisors who don’t sell products for commissions, has already got corrupted One of the biggest issues for financial consumers is that financial intermediaries do not care much about clients’ interests. Rather, they work for big companies to sell...

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Moneylife Digital Team 02 October 2013
The CIC directed the drugs controller in Delhi to publish list of pharmacists working in medical stores along with their names and addresses on the department's website. This is the 180th in a series of important judgements given by former Central Information Commissioner Shailesh Gandhi that...

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Dr Anupam Saraph Dr Anupam Saraph 02 October 2013
Is UIDAI’s Aadhaar, the same thing that it claims to be? Here is a simple analysis of the UID project from Dr Anupam Saraph, who designed and implemented identity schemes for government and private organisations "In the meanwhile, no person should suffer for not getting the Aadhaar card...

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Moneylife Digital Team 02 October 2013
Indiabulls held annual general meeting-AGM of its six companies back to back by allotting just 15 minutes for each company at same venue on 30 September 2013. These AGMs started at 10am and ended at around 11.30am. This means each company finished its complete proceedings of AGM in 15 minutes...

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Theodoric Meyer (ProPublica) 02 October 2013
The designation could make it harder for Syrian refugees to come to the US, even if they haven't actually taken up arms against the regime Authorized by Congress, the CIA has started sending weapons to Syrian rebels. But under a legal definition of terrorism adopted by the U.S....

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Moneylife Digital Team 02 October 2013
Gold ETFs were aggressively marketed by fund companies and distributors as a safe asset class. The recent surge in gold prices is drawing more sellers than buyers Gold ETFs (exchange traded funds) have always been a risky idea because gold is a purely speculative product as it neither...

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R Balakrishnan R Balakrishnan 02 October 2013
Infrastructure is critical to the development and a key to economic strength. However, most of need huge amounts of capital and earn low returns on them. Many have corporate governance issues too. Infrastructure is something that India lacks and we try to cover it up by taking pride in...

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Prof Dr BM Hegde Prof Dr BM Hegde 02 October 2013
Rote learning and quality of education has killed the essence of medical education. Students must be told not to fear failure as a learning process Rote learning has killed the essence of education. To get near-100% marks in entrance examinations, students are encouraged to memorise...

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Moneylife Digital Team 01 October 2013
TRAI is taking pesky calls and SMS from banks very seriously. It has warned six banks that it would cut all their telecom resources across the country if they fail to follow regulatory directions. To show that it means business, it has reportedly cut off all of Citibank’s lines for three...

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Arun Giri 01 October 2013
How did ICAI president Subodh Agrawal, who is also chairman of the audit committee of Gujarat NRE Coke, recommend unaudited financials of the company’s Australian subsidiaries to the Board of Directors, knowing fully well that they are highly material amounts? When I first read an...

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AK Ramdas AK Ramdas 01 October 2013
The Indian government has decided to craft a ‘perfect’ exploration licensing regime which will unify and simplify the policies for oil and gas, coal bed methane and shale.  Such a move is designed to eliminate the ‘cost recovery’ factor that is at the root of troubles and dispute with...

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