An emergency fund, as the name suggests, is one in which you have three months to six months' salary.
Few top honchos of India Inc did very well in 2014.
Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering.
The 91.9 per cent slide in the stock price of Gitanjali Gems since April has depleted the value of promoter Mehul Choksi's holding in the company by at least Rs 17 crore (Rs 170 million) a day on an average.
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
Choose a career that motivates you and one that you are good at, says Prof RSS Mani, education consultant and vice president-institutional development, ITM Group of Institutions.
