No white elephants please! Where not to invest RBI surplus of Rs 1.76 lakh crore

Bimal Jalan panel’s decision to recommend transfer of Rs 1.76 lakh crore of RBI’s reserves and excess provisions to the government of India has rightly raised a host of questions about where the money would be deployed. Just as brazenly the Centre managed to transfer the reserves, the expectation was that their deployment would be equally transparent. If there were hopes from finance minister Nirmala Sitharaman’s press conference in Pune to throw light on the question, those were dashed. But more than where they are deployed, it’s important to understand…

Read More

5 reasons why early jobbers should not delay their investment plans

The earlier you start investing, the more time you allow your investments to grow with the magic of compounding. These days it’s not unusual for fresh graduates to start their careers with hefty salaries. And — something that might come as a surprise to some — not all young professionals squander away all their hard-earned money on frivolous things. That doesn’t mean they don’t make the most of their newly-acquired financial independence in terms of having some fun, but they’re also conscious about how to differentiate between their ‘needs’ and…

Read More

I do not lie: Dassault boss responds to Rahul Gandhi on Rafale

The chief of Dassault Aviation, the French manufacturer contracted to deliver 36 fighter jets to the Indian Air Force, hit out at Rahul Gandhi for calling him a liar. “I don’t lie,” said Eric Trappier, the CEO of Dassault Aviation. “In my position as CEO, you don’t lie.” Trappier was responding to Gandhi’s accusation that he was lying about the Rafale deal to protect Prime Minister Narendra Modi. Trappier also spoke about the controversial decision to make of Anil Ambani’s Reliance Defence an offset partner and about the Congress’s claim…

Read More

Your Home Is Not An Investment

New Orleans, USA – April 22, 2018: Old Dauphine street historic district in Louisiana famous town, city, purple painted house wall colorful entrance, building nobodyGetty We are incredibly lucky. We bought our first home in December 2012 for $163,500 and sold it in July of 2016 for $232,000. In 42 months, our home appreciated by $68,500, an increase of nearly 42% in three and a half years. Our home went up by nearly 12% annually, and despite this, our home was not a good “investment.” To be clear: I am…

Read More

Sugar-free, calorie free: Artificial sweeteners may not help with weight loss

If you feel artificial sweeteners are a perfect substitute to sugar, you might want to think again. Marketed as ‘sugar-free’ or ‘diet option’, artificial sweeteners – commonly found in a variety of food and beverages, including soft drinks, chewing gum, jellies – give a person the same pleasure as sugar but reduce the calories. But, are these popularly marketed sweeteners the right choice? “People who are weight conscious or suffering from diabetes or cardiac problems usually prefer artificial sweeteners over table sugar as they are calorie-free. However, many would not…

Read More

White rice and diabetes are not natural fits. Keep these diet tips in mind

Though some might argue that brown rice is a more healthy alternative, white rice is a more popular and preferred foodgrain across India, especially its eastern regions. White rice is a good source of carbohydrates and the better half of many delectable food combos like dal-chaawal, rajma-chawal, biryaanis, pulao, and so on. However, experts say that the calories in white rice can spike blood sugar levels, and excessive consumption could increase the risk of developing type-2 diabetes. White rice is a good source of carbohydrates and the better half of many delectable food combos like…

Read More