LIFE


A collection of trite economic minutiae of 2006-07 Economists attached to Wall Street have a difficult job. They have to interpret economic trends as these evolve. They don’t have the luxury of limiting themselves to describing what happened decades earlier, benefiting from distance, time and...

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How to detect rogue advisors Charles Ponzi, Bernard Madoff and now Allen Stanford—all respectable and illustrious names that concocted the most outrageous scams in the history of financial frauds. They looked directly into the eyes of their unsuspecting victims and robbed them of every penny...

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A deaf and dumb girl’s joy, grit and talent shines through her Warli painting, finds Amritha Pillay Village ceremonies, folk dance movements, daily chores and drummers—all of these come to life in Pooja Patwardhan’s Warli paintings. What is unusual about it, you may ask. Well, it is the fact...

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Soon, day-traders experiencing random emotional fluctuations will be alerted on rising stress levels by a device called the ‘Rationaliser’. Most investors are prone to jump at even the slightest signs of a dip in the stock market. Emotions regularly cloud their judgement, causing investors to...

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Has the social mood has changed to what prevailed in the 1970s? A majority of US workers does not think their bosses are honest, found a survey conducted by Harris Interactive for the Zurich-based Adecco Group, a human resources and placement company. Harris interviewed a nationwide sample of...

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Finally, here’s a not-for-profit volunteering exchange platform connecting volunteers across India and abroad Gunjan, an advertising professional, volunteered to teach little children in the early years of her work life. But the race for career growth later kept her away for a long time. Today,...

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Debashis Basu Debashis Basu 05 November 2009
A risky method to riches There is a time to buy stocks and there is a time to sell them. And then there is a time to sell them short. If you are able to sidestep a cascading decline, like we witnessed last year, you can preserve your wealth. If you can sell short (that is sell stocks you...

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Finally, here’s a not-for-profit volunteering exchange platform connecting volunteers across India and abroad Gunjan, an advertising professional, volunteered to teach little children in the early years of her work life. But the race for career growth later kept her away for a long time....

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Trees too need a support group;Dr Nita Mukherjee finds one rooted in Pune After witnessing the relentless felling of trees by builders and, as always, the bureaucracy turning a Nelson’s eye, for over a decade, Tasneem Balasinorwala could take it no more. She had moved to Pune in 1993 when it...

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  UTV’s latest movie Main Aur Mrs Khanna could only pull 50% of the crowd to the theaters but its previous movie Wake Up Sid, a Ranbir Kapoor starter, which was released in theatres on 2nd October is still able to pull in 85% occupancy. PVR’s first weekend collection for the movie was about...

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Dr Nita Mukherjee interacts with women from Vadodara redefining their space and their identity Olakh, which means identity in Gujarati, calls itself ‘A Space for Women’ and reflects a conscious decision by its founders to call it a feminist group. In today’s age, says Nimisha Desai, a...

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After the disappointment on low returns, unit holders are now facing a delay in getting their money back from the fancied Osian Art Fund. Unit holders are unlikely to get the money anywhere before December 2009 due to Osian's inability to sell its art inventories.   As per the Osian Art Fund...

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This is a great time for the hospitality industry. The foreign tourist is spending more in India as compared to the previous year. According to government data, in September, foreign tourist arrivals dipped by 4.1 % to 3.17 lakh but average spending has increased by 28.8% to Rs1,19,810. The...

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Investing is part science and part art and there are only two major approaches. It could be fundamental (based on financial data) or it could be technical (based on price patterns). These days, some books openly suggest that you buy and sell quickly and sell stocks short. But this book claims...

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A mirror on how you invest and trade   Try and answer these questions. Why does your colleague become your top financial advisor in matters of savings for retirement? Why don't people reinvest in stocks after having lost money on them? Why do men prefer stocks and women bonds? Why do you sell...

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Sanket Dhanorkar 13 October 2009
Little Kevin doesn’t read the Wall Street Journal, nor does he worry about the US economy. He believes in Santa Claus and loves to munch on a Happy Meal at McDonald’s. Yet, he has created a portfolio of securities that fetch returns that would make a seasoned fund manager turn green with envy....

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This is a normal regular question: What is the only food that does not spoil? Answer: honey. It has been found unspoilt after nearly 4,000 years, next to mummies in the pyramids and other tombs of the Egyptian Pharaohs. Ancient Indians believed that honey was a food for the gods and had magical...

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When the great poet Allama Iqbal waxed eloquent in his famous poem, “Saare Jahan Se Achcha Hindustan Hamara”, he had in mind something in our national psyche that no invader was able to erase or decimate. For instance, our myriad traditions. Indian traditions are deep-rooted like the mangroves...

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Imagine this in sepia tones: A middle-class Maharashtrian family huddles together for a meal and everybody is in raptures over the mother’s garlic chutney. Every time the garlic chutney was served, it drew “oohs” and “aahs” from the extended family and friends. The enterprising son, Vijay...

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It is hot. It is red. It is burning. With 400 known varieties around the world, chilli is the dominant spice in any Indian’s daily diet, thanks to Vasco da Gama.   Everyone who remembers elementary school history knows that Vasco da Gama discovered the spice route to India. It is never...

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