Expense Account, Mint The Securities and Exchange Board of India (Sebi) has taken a welcome step to bring in a set of adviser regulations. It has released a concept paper on the regulation of investment advisers. India needs a new set of regulations to bring order to a marketplace that moves money between households and...
Expense Account, Mint As a rookie reporter I was petrified that I would not be able to provide enough detail in a story under the editing keyboard of my editor. After looking stupid several times, I would set out to interview with a list of questions that included the name of the CEO’s dog, the...
Expense Account, Mint The ant and the grasshopper story is the ultimate tale of the fight between today and tomorrow. The ant works diligently and saves for a rainy day while the grasshopper fools around. When it rains, the ant is snug as a bug and the grasshopper is wet and hungry. The ant innocently...
Expense Account, Mint February is no longer the same. A mixture of rising incomes, home loans and spending-linked tax-saving options (such as school fees) make the Public Provident Fund (PPF) and National Savings Certificate (NSC) investments more for continuation of the account rather than the need to get the Rs1 lakh 80C deduction. But the...
Expense Account, Mint As I read through the pages and pages of questions from viewers sent by my producer for the weekly show that Mintdoes with NDTV, one distinct pattern emerges. Most people have the makings of a financial plan, but are simply unsure of how to proceed. Going to the next step means knowing that...
Expense Account, Mint When is a good time to invest?” This question comes in the league table of the top five questions around personal money decisions, the others being how much to invest, am I saving enough, what should I invest in and am I doing OK? Though it sounds generic, the question is about...
Expense Account, Mint At the height of the economic and market boom, a friend on a defined benefit pensionable job in the government was being wooed by several firms in the financial sector. This was before the Pay Commission and he took home all of a quarter of a lakh each month. The move to...
Expense Account, Mint I’ve learnt to treat questions that include soliciting stock tips and my prediction for the stock market as feeble male attempts to include me in their conversations at social dos. I’d actually much rather talk about dogs, kids and trade hummus recipes. Anyhow, the one question I do take seriously is one...
How much is enough? What does money mean to you? Some money essentials.
Expense Account, Mint What if a kilogram was a variable? Or a kilometre? How’d you react if the vendor was free to decide what a kg would measure today? The vendor could then choose to give you five mangoes a kg when he bought mangoes at Rs25 a kg, he could define a kilogram such...