The author is a SEBI registered investment advisor. Twitter handle: <em><a href="https://twitter.com/harshroongta" rel="nofollow" target="_blank">@harshroongta</a></em>

A senior colleague of mine, Rajesh Kumar, told me he was being hounded by a collection agency representing a certain bank. No, he had not defaulted on any loan or credit card. In fact, his credit record was impeccable.

Can banks collect dues from defaulters like this?

Business Standard

The comments made on Facebook by a college student in Palghar and her subsequent arrest under the Information Technology Act have been the subject of much discussion in the media and is now being debated in the Supreme Court.

Another worry on the Facebook issue

An anguished post on the Apnapaisa website says: &ldquo;I am 40 years old and a diabetic but have no other health issues. I was recently able to get a 20-year term insurance policy for Rs 1 crore, though at a higher than normal premium. But all my efforts at getting a health insurance policy have been unsuccessful.

Why diabetics get life cover, but not health insurance? 

Recently, my friend&rsquo;s wife became a victim of chain-snatching when out for an evening walk. Fortunately, the gold chain broke and fell on the ground. When the thief tried to escape (without the chain), she raised an alarm and managed to get him nabbed with the assistance of the passersby. Her first reaction afterwards was to let bygones be bygones (since she had not suffered any loss). And, the thief had also got good thrashing from the onlookers. But, like a good citizen, she decided to lodge an official police complaint.

Car stolen? Pray the cops never find it!

The headline must have made you wonder how this article belongs to a personal finance page. This article is not about the difference in work-life balance of public-sector professionals and their private sector counterparts and the impact thereof on wives and family life.

Public-sector 'wives' better placed?

Though the annual light &amp; sound show anchored by Finance Minister (called the budget) made a lot of sound but the light was not enough to show the way where the Indian economy is heading.

Harsh Roongta