How many of you know what is the Wimbledon effect? It is a tennis tournament played in England. The crowds come from all parts of the world, but is largely English. The ball boys, girls, commentators etc. are mostly English (well well these days things are changing!), but one thing is certain, the winner […]
WoW that is amazing, right? banks become brokers, so what is in it for you? Well, er, sorry, but NOTHING. Really, nothing. Ok, do you know how a shop sells cell phone connections? – 99% of the customers will not care whether they buy a Bharti Airtel, Tata, Reliance….so the shop keeper sells the ones […]
Every business has to have an office. Preferably in Mumbai or New Delhi. This could of course be rented, but many of them prefer to buy it. They need CAs, advertising agencies, car hire companies, and zillions of other service providers. Where should the service providers be located? In Mumbai or Delhi. Then it needs […]
“If you are a girl take up a government or psu bank jobs, you can work less, have a nice time and you will get a pension”. If this is the advice you got or are getting from your Mom, ask her to use the refresh button. Not once, but many times over. Things […]
if you opened a bank account and the bank said ‘you have to keep an average quarterly balance of Rs. 5000’ please ask them what it means. In many banks this AQB means all your balances across savings, current, fixed deposits,…are all considered while this amount is calculated. Recently one senior citizen who had opened […]
What a topic to write on…on Women’s day! Right? Hell, no. I just choose this title because I think many women will search for this line – and hey I have your attention, do I not? Well here is a list. Believe me..if I had said what MEN should know about money, the list would […]
The Sensex may have given 19% returns over 33 years, however it may not have given 19% in any particular year! This is fairly simple – the standard deviation is quite high, and good years are followed by bad years. Simple. In the year 2011 the sensex’s performance looks bad because of the poor […]