Kunal

In September 2014, the NDA government in power in New Delhi abolished the Planning Commission of India, which had been set up in the early 1950s, largely inspired by the Soviet central planning experiment. Calls to do so had been growing ever since India embarked on the course of market-oriented reforms, as the Commission had begun to be viewed...

In one of our earlier articles on essential financial tips for Young Adults we covered the importance of buying Life Insurance. The reason for needing to are many, but to put in very briefly – and starkly – in a country where you can die due to a pothole on the road, a too-wide gap between the exit of...

You can hardly walk down two lanes in Mumbai or Delhi these days without encountering at least one gym, two boards announcing English-speaking classes, and three advertisements for helping you pass your 10+2 privately. It is probably the same in other cities and towns across the country as well, I am sure. Well, demand tends to create supply, which means...

Neither a borrower nor a lender be; For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry. In Act I, Scene III of Shakespeare’s Hamlet, Polonius utters these words to his son, Laertes, who is heading off to University. And for our parents and grandparents’ generation, this stood as pretty solid advice. For the most part, they...

If you have been to your Bank branch for anything other than the most basic banking services at any time in the last decade, you would have encountered someone who tried to sell you a Life Insurance policy. It’s more than possible that this was tried to be passed off as a ‘wealth plan’ or ‘investment scheme’ or something...