Duvvuri Subbarao suggests changes to the civil service recruitment. He proposes reducing the age limit and attempts for the UPSC exam. Subb...

Proportionality bias is the tendency to attribute significant events to equally significant causes. This bias often fuels conspiracy theori...

For those who invest, this work is particularly relevant. The financial markets are filled with uncertainty, risk and emotional stress—cond...

Daniel Kahneman, who passed away on 27 March at the age of 90, told us that our ability to make good decisions is not as easy as it appears...

If there is an alternate use to which money can be put, a decision to ignore it and do what one set out to do, creates an opportunity cost....

A mental model is a summary or compressed version of how a thing works. Let’s consider how you can apply some of these models as a team lea...

The assured returns and enormous maturity amount of life insurance policies look tempting to many. Topping the list is the need to save tax...

As long as we can avoid selling, we feel the loss is not yet made. In an accounting sense, that’s true. However, in practice, it is not.

Ravana’s ten heads represent his ten different qualities. Today, we will concentrate on those qualities that might be inside ourselves, cau...

When investors average down, they either take a contrarian approach or hope for the stock’s past performance to replicate in the future.

Social scientists study how cognitive bias or stereotyping impacts workplace behaviours.

Our investment behaviour is driven by our notion of loss and gain, not by logic. Past cost should not matter in rational decisions. But whe...

The Economic Survey 2019 suggests using religion and psychological biases in the realm of personal finance.

Here are 7 insights from which we can glean a lot of understanding about wise investing.

The government has pegged 2016-17 GDP growth at 6.5% and revised downward the 2017-18 growth rate.

Procrastination gets in the way of achieving your professional and personal goals and traps you in a vicious cycle of failure and self-hate.

Anticipating a revival in earnings and demand growth is a dangerous way to plan your investments. Put in hard work and look for quality whe...