First of all, I hate predicting – especially if it is about the future! Having said that it is necessary to look at some of the over optimism that is there in the market and at some of the problems too. So today let us look at the issues: A stagnating Europe and USA will […]
Try being a senior citizen in this country! Just day to day living is made tough by the service provider. Make no mistake when I saw the ARPU for airtel going up, I was happy – I am a shareholder and my latest buy was at 276! So in this bad market it is making […]
Not sure whether to be in the same league as Azim Premji is a good thing or not… Long ago when Rs. 30 lakhs could have bought me 2-3 flats in Ghatkopar I had to make a payout to my customers…and my broker defaulted. I tried all legal methods to get money out of him […]
Ever wondered what is Market Stabilisation Scheme? In 2002-4 the Rupee started strengthening. This was because of the amount of foreign currency that came into India for being invested. This put a lot of pressure on the Rupee – and the strengthening hurt the exporters (remember the great software industry which did not tell you […]
‘Life insurance is a solicitation business…..’ well no comments! Now Hari Narayan wants the agency channel to close down and only the bancassurance business to survive. Completely from my portfolio point of view, I am very happy. Banks are in a great position to know what you do with your money – and they have […]
No this is not an article of whether you should buy life insurance from a bank or from an agent…it is just leading to an article on MoneyLife. Agents tell me ‘we cannot sell a wrong product to the customer, because we have to go to the same guy again and again, but bank managers […]
Just attended the 1st birthday of MoneyLife foundation – the magazine is older…Dr. K C Chakraborthy, Rbi deputy governer was the chief guest. Sanjay Nirupam of Congress (earlier Shiv Sena- the original) was also a guest… I liked the way Debashis introduced Dr. Chakraborthy. Dr. C is a nice, simple person who is quite humble. […]