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Moneylife Digital Team 08 April 2023
Angel One Ltd (Angel) has emerged as one of the largest brokers in India. Quarter after quarter, it is reporting an excellent number of new client registrations and a large market share. However, its supervision and compliance practices seem to be lacking. Documents accessed by Moneylife show...

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Ever since the Unique Identification Authority of India (UIDAI) created Aadhaar as a unique biometric identity for residents of India, it has dismissed all doubts and queries by being in permanent 'denial mode'. Moneylife has been reporting, analysing and highlighting issues with Aadhaar...

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Moneylife Digital Team 07 October 2022
While the unified payments interface (UPI), set up in April 2016 by the National Payments Corporation of India (NPCI), is creating a new record for the number of transactions and amounts, not many, including banks, merchants and even NPCI, are happy with providing 'free' service. The zero...

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Moneylife Digital Team 29 September 2023
While upholding an order passed by the state commission, the national consumer disputes redressal commission (NCDRC) dismissed an appeal filed by Life Insurance Corp of India (LIC) and asked the insurer to pay Rs47.90 lakh to nominees of the deceased life assured (DLA).   In an order,...

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While attempting to do an online transfer of funds, Randeep Arora, a retired army officer, found his account was frozen for non-compliance with know your customer (KYC) norms. Despite having maintained a salary account, and later a pension account, with the bank for 30 years, and when the...

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Very often, viruses enter our system through attachments received in emails. Most of the time, if you have a strong, paid anti-virus tool installed, it will prevent the virus from opening and spreading. However, each anti-virus tool has its own limitations—what is caught by one anti-virus...

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When we use illustrations and pictures in our projects / presentations, we normally pick up royalty-free images from the Web. These images can just be re-sized and rotated before use. Blush goes the extra mile. You can easily create and customise stunning illustrations with collections made...

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Shirish Shanbhag 04 July 2023
Residents in a cooperative housing society (CHS) and even owners in a commercial complex are routinely charged operating charges, which are termed maintenance charges, either monthly, quarterly or annually. For residents or tenants to enjoy uninterrupted services provided within the society...

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We have all used Adobe Acrobat Reader which is the industry standard for reading PDF files. Often, it is slow to open and heavy to use.   SumatraPDFReader is extremely quick and opens instantly. It is small, fast, customisable and free. Apart from PDF, it also supports various other...

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I am all for free markets—but free markets that are ‘fair’ to investors. A mutual fund (MF) manager must be nursing losses on many scrips. He does not complain. He subscribes to initial public offerings (IPOs) as an informed investor (of course, commercial considerations in the real-world...

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Moneylife Digital Team 25 February 2023
Finding by the insurance company that the complainant had misrepresented the presence of the car driver at the time of the accident does not suffer from any illegality, the National Consumer Disputes Redressal Commission (NCDRC) ruled, while rejecting an insurance claim filed by one Dr VK...

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Naresh quit his assistant vice-president (AVP) position in Citibank to head up retail in a new bank being set up in Dubai.   On his first morning at work, he was greeted by the vice-chairman (VC), who was in charge of the bank project.   “Congratulations and welcome, Naresh. ...

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Pune-based Sumita Kale, an economist and alumna of Cambridge University and Sushma Date, a paediatrician by profession, who are intensely pursuing a campaign to save the Vetal Tekdi hill—the largest green lung of Pune—tweeted as follows -    DP Alignment is being changed, Expert...

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Shirish Shanbhag 02 August 2023
Conveyance of the land that Society buildings stand on is crucial for cooperative housing societies (CHSs) when they opt for redevelopment. Obtaining it has been a lengthy and convoluted process which usually takes a few months, delaying the self-redevelopment process...

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Moneylife Digital Team 04 August 2022
Market regulator Securities and Exchange Board of India (SEBI) has implemented new rules with effect from 1 August 2022 according to which brokers are required to report individual client-level allocation of funds. This means one customer’s funds cannot be used for another’s margin...

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During the COVID pandemic, especially the second wave, we found many people benefited from crowdfunding. The money contributed by several people helped needy patients receive in-time treatment and, in some cases, helped the families of the deceased to bring their lives back on track....

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Over the years, the traditional matchmaking process in India has gone through tremendous change. Especially after the COVID pandemic, online matchmaking appears to be making big inroads in the matrimony business. At the same time, the number of cases of matrimonial fraud is also increasing...

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There was much alarm, surprise and consternation last week when the market regulator, the Securities and Exchange Board of India (SEBI), released a study showing that 90% of active traders dabbling in derivatives such as futures & options (F&O) lost money in FY21-22. Even as more and more...

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Six years after the Real Estate (Regulation and Development) Act (RERA) came into existence, a series of decisions is finally working in favour of home-owners. What is interesting, though, is that many positive orders have come from consumer courts rather than the realty regulator. But...

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Satish Gonarkar 15 May 2023
One of my recent patients, a 34-year-old man who works from home and consumes a diet high in sugar, refined carbohydrates and processed foods, is a prime example of how lifestyle choices can impact one's overall health. During his medical examination, I discovered that his metabolic health...

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