LIFE


Moneylife Digital Team 01 March 2014
A documentary on the working of tax havens in the context of the double taxation avoidance treaty between India and Mauritius reveals that while India may have received foreign investments due to the treaty, tax losses on its account run to the tune of tens of thousands of crores. Is it worth...

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The drug industry is trying to fix things for the apparently healthy population in the fond hope of preventing future suffering Ionce glanced through an editorial in The Lancet titled “Could Epidemiologists Cause Epidemics?” Stimulating title indeed! As I read on, I could feel my own...

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One of the reasons is the Bayh-Dole Act of the US, which allowed academic institutions supported by Federal grants to patent and license new products discovered by their faculty in return for royalties. This has created a nexus between academia and industry and doctors today have become...

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The pharmaceutical industry is spending lavishly on medical scientists and doctors for hospitality in expensive hotels, gifts, honorariums, conference and symposia expenses, consulting fees, and research grants. This money eventually is paid by the consumers in the form of soaring cost of...

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Hitisha Jain 24 February 2014
How do you respond when you see a mentally retarded child? Feel sorry or get scared? Have you ever thought how they feel with such a reaction Aapulki, in Marathi, means a sense of belonging. That is exactly what Aapulki School for mentally retarded (MR) children, started by Sushma Pawar...

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Bonds have worked well over a long term in the US. But their future isn’t great. Over the past 30 years, bonds have created a lot of wealth for bondholders—in most periods, even more than stocks. But this is mainly because of the high interest rates that prevailed at the beginning of...

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Moneylife Digital Team 24 February 2014
The art and science of managing delays Economist George Akerlof (who won the Nobel Prize in Economic Sciences in 2001) was spending a year in India, after graduate school, and his friend and fellow economist, Joseph Stiglitz (also a Nobel Laureate in Economic Sciences in 2001), visited...

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Moneylife Digital Team 21 February 2014
Need help in legal matters? Moneylife Foundation has launched a new helpline and Legal Resource Centre that aims to provide help in 10 specific areas, like filing complaints, guidance on RTI, PILs, housing societies as well as wills and nominations   Moneylife Foundation on Friday...

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Moneylife Digital Team 21 February 2014
For those seeking legal help, Moneylife Foundation’s new initiative—Legal Resource Centre, will provide support to individuals seeking legal guidance. Here’s how the LRC works   After receiving several requests for legal guidance, Moneylife Foundation has setup Legal Resource Centre...

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Moneylife Digital Team 20 February 2014
The WhatsApp buy is Facebook’s biggest acquisition and comes less than two years after Mark Zuckerberg raised $16 billion from its IPO Social networking company Facebook said it would buy WhatsApp, the fast-growing mobile messaging service for $19 billion in cash and stock.   The...

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Moneylife Digital Team 20 February 2014
The WhatsApp buy is Facebook’s biggest acquisition and comes less than two years after Mark Zuckerberg raised $16 billion from its IPO Social networking company Facebook said it would buy WhatsApp, the fast-growing mobile messaging service for $19 billion in cash and stock.   The...

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Naveena Sadasivam (ProPublica) 19 February 2014
In California, hydrogen-fuelled cars are gaining in popularity. Will their safety issues garner greater scrutiny? It was just before 3 p.m. on a Thursday afternoon and traffic was moving smoothly on the Pomona Freeway, about 20 miles outside downtown Los Angeles. Suddenly, a truck...

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Afghanistan president Karzai has maintained close contact with India and has been working for alternative trade routes to increase bilateral business, as Pakistani attitudes can change as often as the weather The Afghanistan government is at the cross-roads and the President...

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Stories of price manipulation Yoga to the Fore The conventional ‘risk factors’ model of medical care has come to grief with the 25-year-long follow-up of the largest ‘scientific’ study, MRFIT (multiple risk factor interventional trial). It shows that, while the so-called risk factors...

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Marshall Allen (ProPublica) 14 February 2014
The National Quality Forum says it approved allowing Dr Christine Cassel collect six-figure compensation to serve on the boards of health care companies affected by the group's work   The top executive at the country’s pre-eminent health care quality organization is being paid...

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David Epstein (ProPublica) 13 February 2014
The web of dubious connections, suspect medicine and outsize risks behind America’s top sprinter’s failed drug test and ruined reputation   This story was co-published with Sports Illustrated. Last July, U.S. sprinter Tyson Gay held the fastest 100-meter time in the world. He...

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Charles Ornstein (ProPublica) 10 February 2014
Oregon, Minnesota, Maryland and Massachusetts are still struggling to get back on track after a disastrous launch that makes HealthCare.gov look successful by comparison Much has been written (and will continue to be written) about the spectacular failure of health insurance exchanges in...

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Healthy people are treated with drugs, leading to adverse reactions, demanding more drugs! William Osler, one of the great thinkers in modern medicine said, way back in 1905, that when a patient is not doing well, there should NOT be any intervention. Even today, his statement...

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Medical developments from around the world Risk Factors The first-ever “Diet-Heart Study”, in Framingham, which spent $110 million of taxpayers’ money, showed no relationship between the diet and heart disease at the end of five years. The ‘Heart-Food’ industry in America, which had by...

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Glimpses of John Bogle‘s remarkable life The principal role of the mutual fund is to serve its shareholders”; thus wrote legendary mutual fund pioneer, John Bogle, in his thesis at Princeton. He served, and continues to serve, the common investor in the United States and an inspiration...

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