What would be India’s worst or biggest problems? I think I am too small, completely lack the macro picture and therefore not qualified to answer this question. However here is an attempt – 1. Water Pollution: the way we pollute our river bodies, and the shrinking river bodies is terrible. We have closed down our […]
It is very difficult for many people to understand why a particular share jumps up say 25% in 3 weeks. Their immediate question is “What changed in the company in 3 weeks to justify such a rise?” Have you ever asked yourself this question? Well the answer is not easy to give. Also I am […]
So it is appraisal time in many companies, right? Well for a company with Quarterly feedback system, anytime is appraisal time! Well what do people expect in an appraisal? Boss says …blah blah blah….so you get a 11% increment (varies 5% to 18%) with some occasional 30% one time corrections thrown in… Hmm..just heard of […]
Raghuram Rajan has told the Financial Stability Development Council that the corpus of the life insurance industry can be managed by the Asset Management Companies. Assuming that the insurance companies core competence is RISK management, there is no reason why sales cannot be outsourced to banks (as is currently being done), and fund management to […]
When you are born in a big industrialist family, you have no problems, right? Well no. Wrong. There is just too much expectation. Imagine you are born in a Birla household. Your grandfather, father, uncles, everybody is into some business or the other. Your family functions are an extension of the corporate life. The current […]
My wife had a salary account with a private sector bank – and so the demat account, the trading account are all with the same bank. One day I get cornered by her Relationship Manager ..saying “We need not tell you what you can do…please shift YOUR primary account with us….” the general gyaan. Now […]
More and more people want to invest in equities, but have no clue how. Then there are some who are so worried about volatility that they prefer putting money in banks and paying 30% tax on interest, but will not put money away EVEN IN A LIQUID fund! Can you lose money in equities? Of […]