Fundraising in New York can have a wonderful ripple effect and translate into health camps, scholarships and education for children in the slums in India. That’s been the happy result of Children’s Hope India, a non-profit organization started by a group of five women professionals in New York in 1992 with seed money donated by them and with just one project in hand.

Mahatma Gandhi, with his simple khadi loincloth and chappals, was the absolute antithesis of the avid consumer, yet the luxury brand Montblanc has chosen to honor his memory with a gold pen priced at $23,000.

The phone line crackled across the Atlantic Ocean. I was in New York, and renowned artist Sakti Burman was in his country house in Anthe, near Toulouse, 650 km from his home in Paris. Thanks to satellite communications, the dialogue was as crystal clear as if we were sitting in the same room. Burman, 74, told me his 13-year-old grandson was with him, while his wife and the other grandchildren had gone for their daily walk.