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There is unlikely to be a flood of money coming into the hands of NGOs, said Mr Noshir Dadrawala, philantrophy expert addressing a seminar on legal compliances required under Corporate Social Responsibility (CSR) mandated by the new Companies Bill. MrDadrawala pointed out that the government and corporate India had already revised downwards to Rs 16,000…

Dr Kirit Somaiya, Member of Parliament, on Friday launched Moneylife Foundation’s Credit Helpline (www.FreeCreditHelp.in), in the presence of, Dr Deepali Pant Joshi, executive director, Reserve Bank of India, Mohan Jayaraman, managing director, Experian India, Ranjan Dhawan, executive director, Bank of Baroda and D Venkatesh, director of Softcell Technologies. Being reported a defaulter on a loan…

Insurance grievances are on a rise. Both life and non-life have almost equal share of complaints. The main difference is that life insurance complaints has mis-selling by intermediary, while non-life insurance has grievances against third party administrator (TPA) or surveyor. Wrongful denial or partial settlement of claims is a major grouse of policyholders. The other…

Moneylife Foundation was honoured with the prestigious MR Pai Memorial award, this was the 10th year of the award. Sucheta Dalal and Debashis Basu, Founder-Trustees received the award from Dr Deepali Pant Joshi, Executive Director of the Reserve Bank of India (RBI). The award was instituted in memory of MR Pai, a well-known crusader for…

Indian women are joining the workforce in ever greater numbers. From an economy where their role was largely supportive (other than agriculture and some other parts of the rural economy), they are now becoming equal to men as contributors to the household and the larger economic output. This makes it possible for working women, professionals…

Moneylife Foundation brought together the three journalists, Chitra Subramaniam, Sucheta Dalal, Debashis Basu and also Ravinar, better known as @Mediacrooks on Twitter, to share their thoughts and for a discussion on the problems with mainstream media today and how social media can shape the future of news. We are all aware of issues around paid…

Moneylife Foundation held a seminar on safe and smart investing for finance students of Atharva College, Malad. While most of the attendees, who are students of business administration and finance, would be expected to have a good grounding in matters of finance, there is little in a college education that can prepare you for the…

In continuing the tradition of educating women about their financial needs and the ways to go about fulfilling them, Moneylife Foundation conducted twin sessions titled “What All Women Need to Know about Money!” This workshop was presented in association with the “Womentoring” programme at the National Human Resources Development Network (NHRD Network). Sucheta Dalal, Founder-Trustee…

Nearly 85% of co-operative housing societies (CHS) in Mumbai alone do not have conveyance from their builders. It is the same elsewhere in Maharashtra. “Although the process is simple, people find it difficult to collect required documents from several departments for obtaining deemed conveyance. However, one can use innovative methods like procuring information under the…

India’s new Finance Minister Arun Jaitley delivered his maiden budget on the 10th July. Budget 2014 had huge expectations tethered to it and the stock markets too reflected these expectations. To take stock of what the budget did well and where it failed, Moneylife Foundation organised a seminar with Ameet Patel and Debashis Basu in…

Each and every one of us is part of the consumption cycle in one way or another. Our daily lives consist of consumer activities which we take for granted. On the one hand, where there is a consumer, on the other side there is the provider of the product or services that we use. On…

There certainly are flaws in the Indian laws that may appear stupid, dated, draconian, contradictory, open to abuse and sometimes even funny and it is high time we get rid of such absurdities to make the legal system robust, says economist, columnist and author Bibek Debroy. He was speaking at a lecture organised by Moneylife…