Tag Archives: Why

Sachin Bansal steps down as Ujjivan Small Finance Bank director; here’s why

Sachin Bansal has resigned as independent director of Ujjivan Small Finance Bank in the interest of propriety and corporate governance after an entity owned by him submitted an application to the Reserve Bank of India for a universal banking licence. Within four months of acquiring a majority stake in Chaitanya India Fin Credit, Flipkart co-founder Sachin Bansal-led microlender had applied for a universal banking licence on ... Read More »

Why you need to clean up your computer. Now.

Like your home, you need to sometimes clean up the machine you spend the most of your hours on during the day. Sure, a few alcohol wipes (and a keyboard cover — trust us) are helpful. But we’re talking about a more deep clean, getting under the cover, behind the screen, and potentially deep into the system. Nearly nine out ... Read More »

Few will be able to avail SBI’s new home finance ‘buyer guarantee’ scheme: Here’s why

Early in January, the State Bank of India (SBI) introduced a ‘Residential Builder Finance with Buyer Guarantee’ (RBBG) scheme to safeguard homebuyers financially against non-completion of projects. Those home buyers taking a loan from SBI under this scheme and meeting it eligibility conditions would be able to avail the guarantee. However, it appears that only a limited number of people will be able to ... Read More »

When market meets education: Why we need institutes like JNU in India

Free market encourages the maximum growth of ‘skilled education’ (management, technology and so on), trying to bind both natural science and social sciences. Since the free market is driven by technology, it binds the natural sciences quite effortlessly. It also tries to bind social sciences that form the basis to formulate policies for the market to grow. However, the free ... Read More »

Why Education Entrepreneurs Need To Move With Education—Not Disrupt It

Edtech investments reached an incredibly high number in 2018, with $1.45 billion raised—the same amount that hit the market in 2015. However, raising venture capital, regardless of the industry, is not a guaranteed measure of success in any business. Various entrepreneurs are moving away from working with investors because expectations that come along with money don’t always match the entrepreneur’s ... Read More »

Why Computer Science Needs The Humanities

The humanities are under assault. University administrators eye falling enrollment and the lucrative funding streams of their engineering campuses, while parents shepherd their children towards high-paying technology jobs the press touts as today’s ticket to a stable career. Across nearly every humanities major, enrollment has been falling precipitously. Yet as students flock to STEM careers like computer science, they are losing the ... Read More »

3 Reasons why you should keep cool gadgets and smartphone away from your kids

Kids nowadays are becoming more addicted to gadgets. These devices include video games, television, mobile, and apart phone apps, computers, tablets. And games like PUBG and DOTA 2 are making more kids fall in the trap of smartphones. And it has become a major problem for all of the parent like us. Isn’t? If yes let us know the problem ... Read More »

Family finance: Why salaried Prashanth and Sushma need to increase investment in equity

Prashanth and Sushma stay with their three-year-old child in Kallige, Karnataka. They are both engineers and get a combined monthly salary of Rs 1 lakh. They have a house worth Rs 60 lakh and are repaying a Rs 2 lakh home loan with an EMI of Rs 9,000. After considering household expenses, EMI, insurance and investment, they are left with a surplus ... Read More »

Why top finance officer had to go

Former finance secretary Subhash Chandra Garg played a key role in the Budget for 2019-20. The late night order by the appointments committee of the Cabinet on July 24 shifted, shuffled or promoted 24 babus, but none caught attention as much as Union Finance Secretary Subhash Chandra Garg’s surprise exit. The announcement of the transfer of Garg to the decidedly ... Read More »

Family finance: Why Singhs need to buy life, health insurance at the earliest

Kaushal and Babita Singh are both employed and get a combined monthly salary of Rs 3.42 lakh. They stay with their children aged 20 and 24 and their portfolio is worth Rs 3.7 crore. It comprises Rs 2.3 crore in real estate in the form of two houses and two plots of land, Rs 12.3 lakh in cash, equity worth ... Read More »