India’s endeavour to monetise gold seems to be a noble motive, aimed at channelizing idle household gold holdings in to financial savings. Although the scheme can provide a boost to certain sectors of the economy, there are structural impediments which question the much needed efficacy of the plan.
Planning for retirement is no longer solely about the mandatory PF and Pension calculations done in the fag-end years of employment or business. In an era where retirement itself has become fluid and relative, we need to take a more holistic view of an impending life of new realities.
Here’s a short story seeking to illustrate the crux of the Net Neutrality debate that has exposed the condescending intentions of a few celebrated stakeholders of the internet. Our attempt to raise public awareness is pertinent although the analogy is far from perfect.
Given the fact that men like him are rare – ever brimming with self-belief, ever obsessed with results and ever impervious to condemnation - both his admirers and detractors will feel his loss, what if not in equal measure. IIFL pays tribute to Lee Kuan Yew, the architect of Singapore’s phenomenal transformation into Asia’s premier financial superpower.
Hail him as the Next Bradman or call him the New Richards, his pristine talent is never devoid of his priceless temperament. One of the best students of his sport, AB de Villiers imparts many an invaluable life lesson for our benefit – whatever our passion, whatever our profession.
The cardinal rule of learning is that nothing can be taught. There is no structured way; nature itself is the source of learning.
That Mozilla is wedded to the larger cause of internet freedom is an indisputable fact but going by past controversies and recent developments, the open-source campaigner has left much to be desired in clearing the air on the perceived dilution of its community interests in complying with elusive market diktats. Open source is indeed a community need but it can’t condone the need to open up with the community.
Prices can drift lower towards the crucial support level of US$43/bbl. Breach of the same can also propel the prices towards the abysmal low of US$33/bbl.
The current economic landscape poses various crosscurrents, implying that the central bank will remain irresolute regarding the interest rate trajectory.
The individualism of the Austrian economic thought – call it methodological or plain logical - deserves acknowledgment ahead of analysis. Far from blind worship or brutal dismissal, we also need to collectively enhance the import of this non-conformist philosophy whose presence is more important than its predictions.