The GameStop stock surge prompted journalists on Wednesday to ask the White House and the Fed’s Powell for reactions. Powell declined to address specific company stocks, and the White House said Biden’s team is “monitoring the situation.” Sen. Elizabeth WarrenElizabeth WarrenReddit traders cause Wall Street havoc by buying GameStop Elizabeth Warren weighs in on the GameStop stock surge The Hill's Morning Report - Biden argues for legislative patience, urgent action amid crisis MORE (D-Mass.) took to Twitter to urge the Securities and Exchange Commission (SEC) to act. “It's long past time for the SEC and other financial regulators to wake up and do their jobs,” she wrote. “With a new administration and Democrats running Congress, I intend to make sure they do” (The Hill). … [Read more...] about The Hill’s Morning Report – Dems question trial; January becomes deadliest pandemic month
Why foreign aid is important
Worry is not about next year’s growth, but what happens thereafter: Sanjiv Bajaj
Next year, India is expected to grow 8-9-10% from the low base of this year. The challenge will be to ensure that growth at the same pace continues in the following year and the year after. Hopefully the Budget will address this, says Sanjiv Bajaj, CMD, Bajaj Finserv.Going into Budget 2021, there has been a lot of headlines around the financial services sector. Let’s focus on two policy moves that could be seeing light of the day -- a bad bank and reducing the arbitrage between NBFCs and banks. Given the low base of growth this year -- negative growth in fact -- the worry is not about next year. The worry is what happens thereafter and this is the time for the Budget and for the rest of us to prepare ourselves for the future to get consistent growth back over the next three years, More importantly, we have to become atmanirbhar (self-reliant) and go forth with Make in India to become the manufacturing gateway to the world after China. In order to do all this, a robust financial … [Read more...] about Worry is not about next year’s growth, but what happens thereafter: Sanjiv Bajaj
China remains world’s largest trading nation in goods: customs
BEIJING, Jan. 28 (Xinhua) -- China had maintained its position as the world's largest trading nation in goods during the past five years, with its imports and exports taking up a record-high share in the global market, the country's customs regulator said Thursday. … [Read more...] about China remains world’s largest trading nation in goods: customs
China buoys outlook for Japan exports
The value of overseas shipments rose 2 percent in December from a year earlier to 6.71 trillion yen ($64.8 billion), Japan's Ministry of Finance reported on Thursday, slightly below a 2.4 percent increase expected by economists but up from a 4.2 percent decline in the previous month. … [Read more...] about China buoys outlook for Japan exports
Diwali 2020: Ways To Prevent Eye Injuries During Diwali
[1] Seimon, R. (2005). Preventing blindness from eye injuries through health education. Community eye health, 18(55), 106. [2] Kumar, R., Puttanna, M., Sriprakash, K. S., Rathod, B. S., & Prabhakaran, V. C. (2010). Firecracker eye injuries during Deepavali festival: A case series. Indian journal of ophthalmology, 58(2), 157. [3] Verma, L., Arora, R., Tewari, H. K., & Khosla, P. K. (1994). Eye casualty department. Journal of the Royal Society of Medicine, 87(4), 217. [4] Chakraborti, C., Giri, D., Choudhury, K. P., Mondal, M., & Datta, J. (2014). Paediatric ocular trauma in a tertiary eye care center in Eastern India. Indian journal of public health, 58(4), 278. [5] Alphonse, V. D., Kemper, A. R., Strom, B. T., Beeman, S. M., & Duma, S. M. (2012). Mechanisms of eye injuries from fireworks. JAMA, 308(1), 33-34. [6] Gupta, P. C., & Ram, J. (2017). Eye injury from a firecracker. New England journal of medicine, 376(26), 2579-2579. … [Read more...] about Diwali 2020: Ways To Prevent Eye Injuries During Diwali