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Exclusive: Sachin Bansal on his investment strategy, his special interest in finance and the sectors he is bullish about

November 27, 2019November 27, 2019 Loknath Das'Special, and, Bansal, bullish, EXCLUSIVE:, Finance, he, His, In, interest, investment, Is, On, Sachin, sectors, strategy, The

Flipkart co-founder Sachin Bansal, who has turned a devout investor after his exit from the ecommerce company, has turned his attention to the financial services sector. Bansal recently became CEO of Chaitanya Rural Intermediation Development Services, an NBFC focused on providing microfinance to lower economic groups in rural areas after he acquired a 90 percent stake for more than $100 million. Bansal, 37, told CNBC-TV18 in an interview that he is looking at a “long-term stint” at Chaitanya India Finance. “Chaitanya is a 10-year-old company with a target of lower-income…

Top investment options for Senior Citizens: Find out what benefits you the most

November 19, 2019November 19, 2019 Loknath DasBenefits, citizens, Find, for, investment, Options, Out, Senior, The, Top, What, You

Here are the top 3 options you can choose from depending on your need: The risk appetite of individuals changes along with the expectations of returns. People who have saved for retirement face the challenge of not outliving their savings that they have accumulated over the years. To stay clear of this, financial experts suggest opting for financial instruments that minimize the risk of investment and also give assured returns. There are various financial instruments in the market that offer special benefits to senior citizens — not only limited to…

Foreign investment or grassroots growth – the future of mining in Rwanda

October 23, 2019October 23, 2019 Loknath DasForeign, Future, grassroots, Growth, In, investment, mining, of, or, The, –

It is one of the smallest countries in Africa with a total area estimated at around 26,000km² and a population of roughly 12 million people. You can drive across its winding, smoothly paved roads in a matter of hours. But Rwanda, a mountainous country known locally as le Mille Collines – the land of a thousand hills – punches well above its weight: it is one of Africa’s fastest-growing economies despite experiencing a civil war just two and a half decades ago. Among the countries most promising industries is the mining sector,…

Tracking behaviors is the first step to lifestyle hacking

October 18, 2019October 18, 2019 Loknath Das'First, behaviors, Is, lifestyle, Step, The, to, Tracking

As the medical community increasingly researches the dangers of screen time, many Americans say they are looking to unplug and engage in digital detoxes. However, Chris Dancy, health and wellness consultant and author of “The World’s Most Connected Human,” tapped into digital devices to hack his unhealthy behaviors. “About 12 years ago I was 320 pounds, I smoked 2 packs of cigarettes a day, I had been on antidepressants since I was 18 and I was about to turn 40. I drank 36 cans of diet coke a day and things were…

Americans now spend twice as much on health care as they did in the 1980s

October 9, 2019October 9, 2019 Loknath DasAmericans, As, Care, Did, Health, In, much, Now, On, Spend, The, they, Twice

The average American household spent almost $5,000 per person on health care last year. That’s a 101% increase from the roughly $2,500 per person that Americans spent about 34 years ago in 1984, according to an analysis of the Bureau of Labor Statistics Consumer Expenditures Survey by data company Clever. To make accurate comparisons, Clever adjusted all dollar amounts for inflation. It’s perhaps not surprising that health care expenses have risen over the past three decades. But the main driver of the increase is not drug costs or medical services. In…

Here Are Seven Interesting Startups That Deliver Lifestyle Gains In The Residential Space

September 25, 2019September 25, 2019 Loknath Das'Seven, Are, Deliver, Gains, Here, In, Interesting, lifestyle, Residential, Startups, That, The

We’ve discussed the topic of real estate-as-a-service in this column enough that all readers will by now know what I’m talking about. Providing the right services to end users of real estate (be they residential tenants, office workers, or shoppers) has two very positive outcomes: greater customer satisfaction which increases their retention rates and possibly also the asset’s rent roll, as well as the possibility to tap into new revenue streams by bringing other services the customers also desire in situ. In the past, we looked at a few ways successful startups are leveraging…