When my friend Sameer Saurabh told me that corrupt officials houses were being confiscated and converted into schools by Nitish Kumar of Bihar….here is a news item in Times of India http://timesofindia.indiatimes.com/city/patna/Corrupt-IAS-officers-house-is-a-school-now/articleshow/9918735.cms

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It is now compulsory for many companies to file their Annual Returns in XBRL format. Let us look at the process involved in doing this: You convince a company that you are capable of converting their pdf / other formats into xbrl format. Then the company sends you the annual return. Assuming it is in […]

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This has to be the joke of the century. The Congress wanted (needed) to get the nuclear bill passed. They must have got a huge pay off from the Americans to get it done…let us assume that there was a pay off. Rarely does Congress do anything for free…. Let us see then what could […]

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So many parents can afford to send their kids abroad today, it is not funny! And most people would have had aspirations to study in Harvard, Wharton,….the Ivy League. Today they can sign cheques of US $ 150,000 without batting an eyelid when their kid says ‘dad I want to study abroad’… In the 1960s, […]

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I am not saying whether there is a slowdown or not. Nor am I saying whether this author is right or wrong. Read the article…please translate the %ages to numbers, compare it to the past, and tell me whether the headlines and the body are in consonance. If not, tell me. If yes, tell me…..thanks […]

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I have not been a great lover of the NPS for various reasons. One of the important reasons is that we do not have an index bond fund – so it is up to the Fund manager to decide what to pick. I hate that when I do not know the FM’s bond picking skills. […]

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