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Wishes pour in as PM Modi turns 66
Prime Minister Narendra Modi was on Saturday greeted by President Pranab Mukherjee, Vice President Hamid Ansari and other prominent persons on his 66th birthday. Modi, who is in Gujarat, received birthday greetings from President and Vice President over phone. Nepalese Prime Minister Pushpa Kamal Dahal, who is on a visit to India, also wished him over phone. Chief Justice of Read More
Why virtual trading is not a substitute for real world
Many new investors in stocks burn their fingers when the market cycle turns. Usually, they start trading when markets are heading towards the peak. Initial success boosts their confidence, and they end up piling losses when a big correction happens. Some cautious amateurs wisely resort to virtual stock trading platforms to learn the tricks and test themselves before taking the Read More
Will paternity leave be misused in India?
Maneka Gandhi was both right and wrong when she said introducing a law for paternity leave would amount to little more than granting men a paid holiday. Her point: That men don’t take the leave to which they are already entitled to look after their children, so they were unlikely to avail themselves of a special category of leave for Read More
The economy is still limping along: Chidambaram
Former Finance Minister P Chidambaram has challenged Prime Minister Narendra Modi to put out a white paper on the state of the economy under the previous United Progressive Alliance regime, a week after the PM told CNN-News18 that he considered the option but desisted doing it because it would have damaged the perception about India’s prospects. 10 takeaways from the Read More
‘RBI Governor need not have a rock star status’
Urjit Patel must have lost count of the number of times he has been referred to as “shy and reticent” after being selected as the 24th governor of the Reserve Bank of India. Media commentaries and conversations in the corridors of power show a strange anxiety: What does the new RBI governor stand for? That’s because most people are clueless Read More
How to profit from your vacant property
Many individuals invest in a second house or vacation home but they either don’t let it out for fear of squatting or are very choosy about the profile of tenants. Though rental yields are not high in India, income generation from rent can be crucial for your finances. Rental yield from a property is the annual rate of return it Read More
‘India Inc’s social responsibility is just to whitewash sins’
Corporate Responsibility Watch (CRW) India, a network of 15 voluntary organisations and independent consultants, has come out with a study of India Inc’s track record in meeting national voluntary guidelines on social, economic and environmental responsibilities. Tom Thomas, bottom, left, chief executive officer of Praxis, and convenor of CRW India, shares the outcomes of the study with Sudipto Dey. Excerpts: Read More
Volvo XC90 Excellence PHEV launched at Rs 1.25 crore
Volvo Auto India has launched the range-topping Volvo XC90 Excellence PHEV in India at Rs 1.25 crore, ex-showroom, New Delhi. Like the XC90 D5 diesel variant, the XC90 Excellence is imported to India as a completely built unit. The exterior of the Volvo XC90 Excellence looks largely identical to the regular model currently sold, save for chrome-plated B- and C-pillars, Read More
Apple slashes iPhone 6S, 6S Plus prices by Rs 22,000
Weeks ahead of the impending India launch of iPhone 7 and 7 Plus, Apple has slashed prices of the previous generation handsets — iPhone 6S and 6S Plus — by up to Rs 22,000. The iPhone 7 and iPhone 7 Plus, launched earlier this month in the US, are slated to hit the Indian market from October 7, with prices Read More
Carmakers get pricing wrong as models crowd market
Carmakers have launched more than a dozen vehicles in the past year but not everyone has been able to get the pricing right. Pricing strategy is becoming trickier as the market gets crowded with more car models. The first major pricing error was made by market leader Maruti Suzuki when it launched its first crossover the S Cross last August. Read More