LIFE


Unconvincing Mentoring There is little differentiation among self-help books these days. The shelves of this genre have become so overcrowded that it seems anybody can get away writing a ho-hum book and find a publisher to boot! The only differentiating factor appears to be the title...

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Service vs Business   This is an unusual autography, penned with a sense of detachment and subtle humour by a longstanding member of the practising auditing profession, G Narayanaswamy, who built a successful practice with toil and grit at Chennai. It provides many gems of wisdom from...

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Moneylife Digital Team 23 March 2013
How do you plan for retirement when so many relevant questions are unanswered? You don’t know how long you will live for, but can you calculate what your expenses will be, how inflation will affect expenditure, and much else. Debashis Basu, trustee of Moneylife Foundation, presented a clear...

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We need to combine modern medicine, which is effective for emergency care, with less expensive but equally effective methods and Ayurveda fits the bill perfectly Ayurveda has a strong scientific base—the true science of non-linearity and holism which modern medicine does not have, as...

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Moneylife Digital Team 22 March 2013
Dietary Salt and Death A study published in the February issue of the Journal of Hypertension, an American Heart Association publication, shows that, if Americans were to reduce their daily salt intake by as much as 50%, they could save some 300,000 premature deaths. Roughly 80% of...

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Wall Street’s conscience-keeper John Bogle is back with another deep rumination   Quite often, you will come across an erudite investor explaining the difference between investment and speculation. The most common answer, generally, is: investment is long-term oriented while...

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Finding high-quality stocks at cheap prices   Investors constantly look to pick quality stocks at cheap prices. Although this sounds simple, it’s difficult for investors to overcome their behavioural biases. Quantitative Value (Wiley; $85; pages 274 ), a book by two money managers and...

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Essentials of personal finance    If you walk into any bookstore, you will notice that the finance section will be piled up with ‘How-to-be-a- millionaire’ or ‘How-to-invest-like-a-pro’ sort of books. There are so many to choose from that eventually one may walk away without buying...

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Moneylife Digital Team 21 March 2013
Moneylife Foundation was joined by members of All India Bank Depositors’ Association, Mumbai Grahak Panchayat, All India Bank Employees’ Association and Mumbai Mahanagar Vyapari Seva Parishad in its campaign against the RBI’s foolhardy proposal to disincentivise the issuance and usage of...

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K Saldanha 21 March 2013
Sangram has done much in the past two decades to empower sex workers in rural Maharashtra, finds SANGRAM (Sampada Gramin Mahila Sanstha) has been fighting difficult battles—against the spread of HIV/AIDS among sex workers, against the stigma attached to their work and against their...

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Modern medicine has only now realised that hostility is the prime cause of major killer diseases “Love is that condition in which the happiness of another person is essential to your own.” — Robert A Heinlein There is a new definition of health—in contrast to the outdated Alma Ata...

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Moneylife Digital Team 21 March 2013
The protesting employees have urged RCB players to boycott Mallya’s team. They have also asked the BCCI not to allow RCB to participate in the upcoming IPL Frustrated over not getting salaries for the last 10 months, Kingfisher Airlines employees on Wednesday asked the government to act...

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“Every gun that is made, every warship launched, every rocket fired signifies in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed”— Dwight D Eisenhower   I was pleasantly surprised to see Gujarat chief minister Narendra Modi last...

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Medical developments from around the world Smiling Linked to Health Benefits New research in Psychological Science reaffirms the positive benefits of a simple smile; it even showed that a half-hearted smile might be associated with some benefits. Smiling lowers the heart and breathing...

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Justin Elliott (ProPublica) 19 March 2013
The Gulf kingdom welcomes the International Peace Institute even as it bars some human rights advocates and journalists from the country As Bahrain enters the third year of a crisis sparked by Arab Spring protests in 2011, the government continues to bar many human rights advocates and  

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Cora Currier (ProPublica) 18 March 2013
Deutsche Bank agrees to pay $17.5 million to Massachusetts for a deal involving Magnetar, the hedge fund behind many CDOs gone sour Deutsche Bank is the latest financial institution to be fined for not warning investors about the role of the hedge fund Magnetar in creating complex...

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Cora Currier (ProPublica) 14 March 2013
The White House announced 17 pardons on Friday. But Obama has still granted clemency at a lower rate than his predecessors On Friday, President Obama pardoned 17 people. But despite the new pardons, the Obama administration has still granted clemency more rarely than any president in...

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Lois Beckett (ProPublica) 13 March 2013
The companies that sell information about how much money you make — and whether you’re pregnant, divorced, or trying to lose weight — are facing new scrutiny in the US Data companies are scooping up enormous amounts of information about almost every American. They sell information about...

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Tracy Weber  and   Charles Ornstein (ProPublica) 12 March 2013
New data show drugmakers' payments to hundreds of thousands of doctors in the US, and some have made well over $500,000 Update Mar. 11, 2013, 4:55 pm: This post has been updated to reflect a response by Dr. Vladimir Maletic to questions from ProPublica.   Dr. Jon W. Draud, the...

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Moneylife Digital Team 09 March 2013
The products should be truly by women, for women and to protect the health of women! Boxes of used sanitary pads have been sent to the corporate offices of Hindustan Unilever, Procter and Gamble and Johnson and Johnson, which are the major manufacturers of sanitary napkins. “This is just...

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