Aamir Khan did a story in Satyameva Jayate where he painted the doctors black. He said: there are huge (50%) kickbacks generic medicines are not prescribed, only branded ones are doctors perform unnecessary operations. Let us take the case of other professions: Chartered accountants, insurance agents, etc are also accused of  kickbacks unnecessary complications in […]
For people who have not done Economics – at any level, there is a good chance that they may not know the meaning of ‘Rent’ – in economics, here is the explanation. When you have got used to a certain annuity – generally undeservedly – the rent is threatened. Now if a shop is located […]
“Americans love free trade” this is the image they try to keep creating. When it comes to India, China, etc. the Americans want full and unconditional access to their markets. So American Insurance providers, banks, retail…all of them want to come to sell. However when it comes to their own markets they protect it with […]
This year the xbrl return filing is likely to be extended to a bigger range of companies…Not sure whether and if it will happen, but that is what one hears. Last year was the first year of xbrl filing and year ending March 2012 will be the second year. Tagging of the 3 financial documents […]
Mostly people tell you ‘I bought a house for Rs. 50 lakhs’. Great. A house is rarely just the cost that the broker told you when you bought the house. Have you seen what are the associated costs? Cost of the house is Rs. 50 lakhs. Assuming you did not have any money for down […]
For those who do not know I have not changed my broker and doctor for the past 33 years – and it has helped. My doctor is a homeopath who believes in detailed questioning, some little diagnostics and almost zero medicines. He has kept me off medicines for the past almost 30 odd years, and […]
Now that the mutual fund industry is doing badly, we all need to do something to keep it alive. Why should it be kept alive? do not ask such stupid questions. We should keep it alive, so it should be kept alive. Here are a few suggestions: 1. Every stock broker should be forced to […]