“Women are no longer proxies,” says Nirmala Sitharaman
Union minister for Commerce and Industries, Nirmala Sitharaman said that women are no longer proxies and are taking their own decisions, either in politics or entrepreneurship. “Women are no longer shadows of men. In business, women do cost-benefit analysis in most ruthless analyses. Therefore it is only beneficial to enhance their role in business and…
Maharashtra CM Fadnavis says financial literacy empowers citizens
Devendra Fadnavis, Chief Minister of Maharashtra said, financial literacy and financial knowledge gives more power to citizens and help them understand investment risk and returns better. “Our government would like to work with institutions like Moneylife Foundation to make people financially literate. In addition, based on the ground level inputs from such institutions, we would…
Can opinion polls predict election outcomes?
Can a sample size of, say 20,000 voters be sufficient to predict the outcome in a country with over 600 million voters? This is what Rajeeva L Karandikar, director, Chennai Mathematical Institute, who has over 15 years of experience in statistical study of elections and trends in voting—went on to explain at a Moneylife Foundation…
Retirement planning: Here’s how to effectively manage your investments
The second part of Moneylife Foundation’s event titled—‘Back to Basics: Investing & Insurance’, Debashis Basu, editor, Moneylife, educated the audience on the various asset classes and how one can allocate their savings in each to save effectively for retirement. Most savers are clueless when it comes to financial savings. They earn an income, they spend,…
The New Health Insurance Regulations and how they benefit you
In the first part of the Moneylife Foundation event titled, “Back to Basics: Investing and Insurance”, Gaurang Damani tackled the latest developments and changes in the health insurance regulations. Mr Damani has worked for long to help customers get a more customer friendly insurance environment. Numerous PILs filed by him have helped in getting pro-consumer…
Co-operative housing society (CHS) issues and how to deal with them
Many residents are not familiar with the workings of their cooperative housing societies (CHS), and are left confused while dealing with a variety of civic and legal compliances. In addition, most of the times, both the members as well as managing committee are left with bitterness that can be avoided altogether through discussion and compliance…
Automation in processes to make Passport applications painless
Moneylife Foundation today organised a seminar on getting one of the most important documentations for Indian Citizens, especially ones travelling abroad, which is the passport. Moneylife Foundation proudly hosted Tanmoy Chakrabarty, the VP and Head of Government Industry Solutions, at Tata Consultancy Services. The event also had Dr Swati Kulkarni, Regional Passport Officer of Mumbai,…
‘No more, no less, buy the exact quantity you paid for’
If consumer gets short delivery of the commodity or thing than it is paid for or contracted for, similarly in the services also, it amounts to an offence. However, not many consumers know about remedies available to them to get justice. Such consumers can easily file a complaint before the Legal Metrology Organization (weights and…
Moneylife Foundation felicitates Constable Azim Shaikh for preventing a railway catastrophe
Moneylife Foundation’s Samir Zaveri Railway Helpline on Saturday felicitated Constable Azim K Shaikh from Thane Police for preventing a catastrophic accident and disruption of railway service on 7 November 2014. After spotting a detached iron plate on the railway track near Parsik Tunnel, Constable Sheikh, using a red coloured bag rushed and stopped an upcoming…
Open House discussion on Rights & Concerns with Financial Consumers on 19 November 2014
Moneylife Foundation was proud today, to hold an open house with its three newest trustees. Former Chief Election Commissioner, TS Krishnamurthy, Former Deputy Governor Dr KC Chakrabarty and COO at Flipkart Payment Gateway, Siddharth Das, graciously agreed to talk to Moneylifers and have an open discussion on a range of issues. Three time Member of…
Understanding Wills and Nominations to avoid hassles
“I had a client, who used to live with each of his four sons for three months in a year. In addition, every time, each son would make him prepare a new Will. He ended up with about 32 Wills in 10 years. However, you can avoid all these hassles if you know the processes,…
Be Safe & Smart with your Investments
Sucheta Dalal, managing editor of Moneylife, said that one should keep it simple and should invest in just a few products. And the path to a safe future is to choose safe products. When it comes to choosing a bank, Ms Dalal said that government banks are the safest. Small cooperative banks are the ones…