Living Diagonally In My Parallel World!

(This blog is purely for myself and the information appearing may be incorrect. Do not risk using this as reference material) Volatility index or VIX is also called the "fear index" or "risk index". It is an indicator that captures the level of fear in the capital markets and help investors understand market risks better and take decisions accordingly. The higher the VIX the more risky it would be for investors. VIX was first "invented" by the Chicago Board Options Exchange (CBOE) in 1993. Nasdaq has its own called "VXN" which tracks the Nasdaq and Dow has one called "VXD" that tracks the Dow Jones Industrial Average. The implied volatility, as captured by the volatility index, is not about the size of the price swings, but rather the implied risks associated with the stock markets. The implied volatility increases when the market is bearish and decreases when the market is bullish. This is due to the common belief that bearish marke...

An informative article from the Economic Times dt 19th October 2008 by Shobhana Chadha The present banking system is called a “ fractional reserve banking system ”, as the banks are required to keep fraction of their deposit liabilities in the form of liquid cash with the central bank for ensuring safety and liquidity of deposits. The Cash Reserve Ratio (CRR) refers to this liquid cash that banks have to maintain with the Reserve Bank of India (RBI) as a certain percentage of their demand and time liabilities. For example if the CRR is 10% then a bank with net demand and time deposits of Rs 1,00,000 will have to deposit Rs 10,000 with the RBI as liquid cash. How is CRR used as a tool of credit control? CRR was introduced in 1950 primarily as a measure to ensure safety and liquidity of bank deposits. However, over the years it has become an important and effective tool for directly regulating the lending capacity of banks and controlling the money supply in the economy. When the RBI f...

This article based on a number of similar such articles floating on the internet. What is a sub-prime loan? In the US, borrowers are rated either as ‘prime’—indicating that they have good credit ratings based on their track record—or as ‘sub-prime’, meaning their track record in repaying loans has been below par. Loans given to subprime borrowers—which banks would normally be reluctant to—are categorised as subprime loans. Typically, it is the poor and young who form the bulk of subprime borrowers. Why were the sub-prime loans given out? Between 2002 and 2007, many banks started giving loans to subprime borrowers, typically through subsidiaries. They did so because they believed that the real estate boom, which had more than doubled home prices in the US since 1997, would allow even people with dodgy credit backgrounds to repay on the loans they were taking to buy or build homes. The government also encouraged lenders to lend to subprime borrowers, arguing that this would help even the...

मराठी कथाकथन पु ल देशपांडे असा मी असा मी बटाट्याची चाळ - ब्राह्मण मंडल बटाट्याची चाळ - चिंतन बटाट्याची चाळ - गच्ची सर झालीच पाहिजे बटाट्याची चाळ - उपवास बिगरी ते मैट्रिक चितले मास्टर गुलाचा गणपती हरी तात्या म्हैस माझे पोस्टातील जीवन नारायण पानवाला १०० % पेस्तन काका व पु काळे अमिताभ आणि मी भदे छत्रे हेर स्टाइल जे के मालवण कर हसरे दुःख वन फॉर द रोड जोशी Statistic Marathe दामले संवेदना मिस्टर सबनीस

I recently read an excellent article in Maharashtra Times. घाईगर्दीच्या निर्णयांत कायदा-सुव्यवस्थेचा बळी - डॉ. पद्माकर रा. दुभाषी लोकशाही प्रशासन लोकाभिमुख व संवेदनशील असले तर त्याला परिस्थितीचे आकलन होऊ शकते. त्यासाठी हेरखात्याचे अहवाल लागत नाही. परंतु आज काल मंत्री व त्यांच्याभोवती घोटाळणारे प्रशासकीय व पोलिस अधिकारी सत्तेच्या धुंदीत सामान्यापासून दूर जातात. ........ शांतता आणि सुव्यवस्था हे निकोप समाजजीवनाचे व्यवच्छेदक लक्षण मानले जाते. आपल्याकडे मात्र शांतता व सुव्यवस्थेचा वारंवार भंग झाल्याचे चित्र दिसते. ते पाहून भारतीय मूळ असलेल्या नोबेल पारितोषिक विजेत्या नायपॉल यांनी 'हजार दंगलीचा देश' - 'अ नेशन ऑफ थाऊजन्ड म्युटिनीस' असे भारताचे वर्णन केले. कोणत्या ना कोणत्या कारणाने समाजाच्या एखाद्या वर्गात असंतोष पसरतो व कायदेशीर रीतीने मार्ग काढण्याऐवजी त्या वर्गातील लोक कायदा हातात घेतात, दुसऱ्यावर व सार्वजनिक मालमत्तेवर हल्ले चढवितात, रेल्वेरूळ उखडतात, हमरस्ते अडवतात, समाजात दहशत पसरवतात व दैनंदिन व्यवहार ठप्प करतात. विध्वंसक जमावाला सामोरे जाऊन भावनांचा उदेक शां...

Now that I am in this part of the world, I got an opportunity to find out how the President of the United States is elected.This what I found out. I just hope I have figured it out correct. Just a disclaimer: I have had very limited exposure to the US election process. So my interpretation may not be accurate. How is the US president elected? The US has an electoral college system established by the founding fathers as a compromise between election of the president by Congress and by popular vote. Under this system, citizens do not elect the president and vice president through a direct nationwide vote. US citizens vote for electors who will then vote for the president.The presidential election is decided by the combined results of all 51 states’ elections. Under the federal system of the US constitution, the nationwide popular vote has no legal significance, as it is the total electoral votes that determine the winner and not the nationwide popular vote. As a result, it is possibl...

एकदा एका गावात एक माणुस आला. त्याने गावकर्‍यांना सांगितले की त्याला माकडे पकडायची आहेत. प्रत्येक माकडामागे तो गावकर्‍यांना दहा रुपये देईल. गावकरी खुश झाले व जवळच्या जंगलात जाउन माकडे पकडायला लागले. माकडे पकडायला गावकर्‍यामधे स्पर्धाच लागली. प्रत्येक जण माकडे पकडायचा व तो माणुस त्यांना माकडामागे दहा रुपये द्यायचा. काही दिवसांनी माकडे कमी सापडू लागली तेंव्हा त्या माणसाने गावकर्‍यांना सांगीतले तो आता माकडामागे वीस रुपये देईल. गावकर्‍यांनी आजूबाजुच्या जंगलातुन माकडे आणली व माकडामागे वीस रुपये वसुल केले. काही दिवसांनी त्याने माकडामागे तीस रुपये देतो असे सांगितले व फार थोडे माकड खरेदी केले कारण गावकर्‍यांना माकडे सापडेनात. आता माकडे पन्नास रुपयाला खरेदी करतो असे सांगून तो वाट बघू लागला. गावकरी त्याला माकडे देऊ शकले नाहीत तेंव्हा तो त्यांना म्हणाला ," मी काही दिवसांत जवळच्या शहरात जाऊन येतो, तो पर्यंत माकड सापडल्यास त्याच्या मदतनिसाकडे जमा करावी व तो त्यांचे पैसे देईल. माणुस शहरात गेल्यावर त्याचा मदतनिस गावकर्‍यांना म्हणाला,"तुम्हाला माकडे सापडत नसल्यास मी जमा झालेले माकड पस्तीस रुप...