"Retired Navy officer Madan Sharma had forwarded a cartoon on Thackeray on a WhatsApp group. Some Sena workers went to his house and beat him up. Sharma sustained an eye injury and is being treated at hospital," he said. … [Read more...] about Retired Navy officer assaulted for forwarding cartoon on Maharashtra CM Uddhav Thackeray
30m workers risk running out of money in retirement
It is here that philanthropic capital becomes so important. Enlightened private philanthropists have the power to take the risks that institutions such as governments and businesses, beholden to taxpayers and shareholders respectively, cannot. They also have the personal capital to fund the high-risk moon-shot ideas. Financing these ideas, catalytic social investors patiently build their domain expertise by learning what works and more importantly, the lessons from failing. This type of venture eventually ensures ideas and proven solutions can further down the line become mainstream winning stories. Catalytic philanthropists need to strive to privatize failure and socialize success. … [Read more...] about The best philanthropy takes the biggest risks
A panel headed by retired Justice R M Lodha had initiated the process of refunds in phases for investors, who invested money in PACL. In a statement, Sebi said the committee "as on date, successfully effected refund with respect to 12,48,344 eligible applications (with claims up to Rs 10,000) aggregating to Rs 429.13 crore". … [Read more...] about 12 lakh PACL investors with claims up to Rs 10,000 get their money back: SEBI
The key drivers for the market are the flood of global liquidity, near-zero interest rates and massive fiscal stimulus in the developed world. The way markets and all asset classes have moved up in the past 3 months, it is clear that markets are expecting a continuation of these policies. With such liquidity flooding markets, it gives us the luxury to look beyond the immediate future i.e. FY21 and focus beyond i.e. FY22. If the economy recovers back next year, then profit growth will be sharp and valuations based on expected FY22 earnings may be justified to some extent. … [Read more...] about DAILY VOICE: Valuations of largecaps & polarization of market into top 10-20 stocks are biggest risks, says Mihir Vora of Max Life
However, to keep expenses to the minimum, it’s advisable to stay away from investing in physical gold this year. If at all gold buying is non-negotiable, it’s prudent to invest in gold ETFs as they can be purchased and sold anytime. Also, they help you take advantage of intermittent volatility in gold prices. … [Read more...] about Festivities and your portfolio: how should you mange your money?