Secret Taxes for Financial Untouchables – Link here , after reading this I realise how much lucky we all are to be in India and have soo many banks.
How to Read Financial News Headlines – Link here – I know few of the buy side who doesn’t allow its team to read a newspaper either in the first half or during office hours, one can happily read post office, its best to focus on what you are researching rather than get swayed by other news.
The Ignorance of The Future – Link here
Libor scandal: the bankers who fixed the world’s most important number – Link here – With arrogant disregard for the rules, traders colluded for years to rig Libor, the banks’ lending rate. But after the crash, the regulators were on their trail
18-Jan-17, During Q&A session Fed Chief Janet Yellen said “It is a very important new technology that could have implications for the way in which transactions are handled throughout the financial system. We’re looking at it in terms of its promise in some of the technologies we use ourselves and many financial institutions are looking at it. It could make a big difference to the way in which transactions are cleared and settled in the global economy.” This is compared to 2014 where she categorically said that blockchain was essentially outside the purview of the Fed and could not be regulated. That’s some change of view. Read Technology opportunities in IFRS self-regulation – Link here. To get more idea read – A Practitioner’s POV: Preparing for Revenue Recognition Changes – Link here . For more detail, view on Block chain read Ambit’s Report – Link here
Demonetisation breaks the back of Maharashtra’s textile industry – Link here
A 100,000-Year Tomb for Finland’s Nuclear Waste – Link here
In a casino in Pittsburgh, an AI program is beating poker champions for the first time – Link here
Who’s President Doesn’t Matter That Much to the Stock Market – Link here
How Russia sold oil jewel Rosneft’s stake without saying who bought it – Link here
The beginning of the China reset – Link here – line that caught my attention – China’s rising external vulnerability and the eventual inevitability of a substantially weaker currency.
Most of the sports test physical strength of the person and hence drug problem arises that gives temporary strength to a player. Hence no one in their right mind would think that chess needs drug test, however, FIDA (the World Chess Federation) has a drug test policy because International Olympic Committee ask for it and if you want your sport to be including in Olympic you would comply with it. but what if you find out that there is a possibility that certain drug would enhance the performance of a player? – Special Report: New Study Finds Performance-Enhancing Drugs for Chess – Link here
Books Stubbornly Refused to Be Disrupted, and It Worked – Link here (case of e-commerce not impacting business)
ETFs are eating the US stock market – Although stock pickers are cutting fees, the trend towards ETFs and passive investing quickened in 2016 – Link here
First human-pig ‘chimera’ created in milestone study – Link here – we are official on way to harvest other species to grow organs for human and of course one needs to take into account ethical aspect of the same -We’ve created human-pig chimeras — but we haven’t weighed the ethics – Link here
After BCCI, SC asks why Lodha reforms should not be implemented in other sports bodies – Link here – I think India is on the cusp of a revolution in sporting culture. I don’t see any reason why Supreme Court reform would not be implemented across other sports, meaning politician and end of old fiefdom, the rise of talent. More so expect huge uptick in parents enrolling students into sports academy, increasing spend on sports good (clothing, footwear and accessories)