Largely people like short term pleasure over long term benefit. Let me explain. A sweet stays for 30 seconds on the tongue (thanks to the tongue and the saliva, you know the taste) but for 30 years on the hips. We still choose the sweet. When biscuits are passed around, butter cookies and kaju […]
A friend called to ask…tell me precisely what can go wrong in a group policy: 1. First of all you are dependent on your employer. That does not sound too great, does it? 2. Your employer could just do away with medical insurance completely. Period. 3. Suddenly your parents could be excluded – and if […]
Some debt market basics….largely meant for the MBA (finance) students: What is a Negotiated Market? deals that have been done by negotiation, executed -but REPORTED on the trading system – for approval of the exchange is called a negotiated market deal. What is a when-issued market? it refers to the security being permitted for trading […]
The biggest risk in the financial services business today is the Regulatory risk. The more the regulators think that they can prevent frauds and cheating the more they will move into the controls of a business. Sebi has been making a lot of changes in the mutual fund business – there is a good chance […]
If we have been brought up on financial myths – can food myths be far behind? Well one of the myths is : Cow’s milk is food good enough to make you strong Cow’s milk gives you a lot of protein and calcium Cow’s milk is food for the Gods and the Kings ….right? Well […]
RBI is the banking regulator and obviously it has a role in development of the banking industry, right? Well, over the last so many years what is the penetration of banking in India? Well about 6-8% of the country’s population has some access to banking. Why we do not have banks with EXCLUSIVE mandate to […]
If you thought the government was arbitrary in its conduct, well join the gang! The Supreme Court also thinks so… Actually to the sharp observer with a conscience the Vodafone and the P Chidambaram case were clear. It is sad that it had to go right up till the Supreme Court. In case of Vodafone […]