There is no research in India done on topics like why people borrow, or how people invest…but here is an attempt at guessing…. 1. People borrow to buy assets : buying a car, a motorcycle, a house…..etc. requires sums of money that a person may not have, so borrowing becomes a must. 2. To pay […]
‘I earn Rs. 15L CTC – and clearly I am overpaid. However I am not able to save a rupee – I have no idea where my money goes’ Can you believe this…if you are a middle class Indian? I found it a little amusing…but not difficult to believe. When I spoke to him, I […]
happy Ganesh Chaturthi to all of you. Like an ad says …’please wear a helmet when you ride a bicycle, motorcycle or skating…Only Ganesha gets a replacement of the head! For those who have not read about Ganesha, the asuras he killed were: Matsarasur (Ganesha riding the lion), Madasur (he was already Ekdanta, and was […]