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A survey of bank depositors by consumer organisation Voice, funded by the Ministry of Consumer Affairs, has triggered a lot of introspection. Although somewhat flawed, the findings corroborate the anecdotal evidence of high customer complaints or lack of clarity about banking charges....

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Some 350 years ago, there was another way India and China were deeply linked The book Opium City argues that the rise of Bombay as a commercial centre is owed to its accidental importance as a conduit for opium exports to China. Equally, interesting is the story of opium. Large-scale exports of...

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In the post-monsoon period, construction is set to boom. Which stocks will ride it? ML Research Desk runs its stock screen to find out Economic growth is on track, foreigners are gradually stepping up to the plate again, mutual funds are launching new schemes and big public issues are being...

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Paints is one sector that will benefit from a boom in both consumption and construction It has none of the glamour attached to it, like the media or the software sector has. But among all the sectors we track it is showing a great deal of strength. It is the paints sector whose fortunes are...

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The government’s revenues are booming through tax collections from companies and individuals. Yet, almost everyday, the department uses an obliging media to threaten that the taxman is out to get you. According to one media report, the country’s top 1,000 companies could face the tax...

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Although banks may have complaints about the findings of a customer satisfaction survey (see cover story) or claim that they have well-oiled grievance redressal systems, every consumer knows it is not all that true. Here are some typical problems customers face and what to do about them,...

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A severe fall in US housing market is bothering many experts. The stock markets are unconcerned In late August CNN reported “Builder: Oversupply slump worst in 40 years. Toll Brothers slashes outlook on new homes as orders plunge and revenue misses forecasts.” A week later, Wall Street Journal...

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Nita Mukherjee writes about a unique educational experiment His visiting card simply says Yogendra: Secretary, Bodh Shiksha Samiti. He does not want to mention the surname, which often reveals a person’s caste. In the highly stratified social milieu of Rajasthan, this makes a simple but...

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Your company just bought another company in a faraway land for “strategic” reasons. How would you know whether the money was well-spent? Shreedhar Kanetkar suggests the preliminary step towards an effective analysis If you haven’t found yourself wondering whether acquisitions make sense,...

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Balanced funds are in vogue - under a different garb Balanced funds have not lived up to their name because most of them follow a disbalanced strategy of investing. Is that why fund companies want to bring them back under a different name? What else explains the strategy of two balanced funds...

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Here is a simple strategy to retire wealthy. The hard part is following it Today, with starting incomes being fairly handsome, it is possible to have a nice nest egg when you are 50. You can retire early if you choose to, do something on your own or chase your dreams, provided you plan early....

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MoneyLIFE sectoral indices indicate strong growth of a few sectors in the coming months Our proprietary sectoral indices track the performance of 49 sectors on a regular basis giving a perspective of the changing market preferences. We analyse sectoral changes in market capitalisation on the...

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Cows are a scarce commodity on the Island, as in truth is every thing else of provision, we being beholden to our neighbours the Portuguese for almost every thing that we eat; otherwise we might starve, were we only to subsist on the production of the Island.” - John Burnell, writing about...

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5 warning signs of losing the equilibrium between career and life I met a wise man recently who said something that made a lot of good sense. He said “Life is whole, whether big or small. Size does not matter. The apparent external separateness and diversity is being backed up by the wholeness...

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Before fretting about those tele-marketing calls, register in do not call directories. It is easy and effective Last week several complaints came up in my yahoo consumer group about the sudden increase in pesky marketing calls from Citibank. Group members described the calls as “disgusting” and...

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The “best money manager on earth” is a mathematician, says Debashis Basu "T"he advantage scientists bring into the game is less their mathematical or computational skills than their ability to think scientifically. They are less likely to accept an apparent winning strategy that might be a mere...

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The deep red juice of pomegranate seems to work against prostate cancer cells grown in lab dishes and in mice, and also in humans, according to two recent studies reported by American scientists. Pomegranate juice is rich in antioxidants - chemicals that give fruits and vegetables their deep...

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A National Identity Card project makes you vulnerable. Here is how Thanks to the blazing march of technology, a little electronic record will be key to the very identity of every individual in India. The Multipurpose National Identity Card (MNIC) project, started by the BJP-led government,...

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Low interest rates and volatility in stock market is creating new interest in FDs Bank fixed deposits are back. With interest rates slowly snaking upwards and stock markets turning hugely volatile, a steady flow of interest income has suddenly become very attractive. Banks are falling over...

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Be careful about having blind faith in Systematic Investment Plan Tata Mutual Fund is launching a scheme based on the idea of Systematic Investment Plan called Tata SIP equity fund. SIPs, as any investor knows, are one of the better ways to create a winning portfolio. The idea is simple....

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