World

SARS-like virus confirmed in France, Saudi Arabia

The World Health Organization (WHO) has confirmed cases of the SARS-like coronavirus in France and Saudi Arabia. The new cases bring the worldwide total beginning in September 2012 to 34, 18 of which were fatal....

Market View: Earnings attributed to stock performance

Monday, May 13, 2013: The nifty and Sensex are at ~6100 and ~20000 levels. Markets have had a sharp run for the last 2 months on account of improving macroeconomics. Correction in commodity prices especially...

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Eight accused for alleged role in global cyber heist worth $45 million

Seven men face charges related to a global cyber crime ring that stole $45 million in one of the biggest bank heists in history. The heist is believed to have involved hundreds of people and...

Berlin company helps customers build bamboo bikes

Bamboo is known for its durability and high strength-to-weight ratio in construction, housing and furniture. A Berlin-based company is now using the natural material to help people build their own bikes. As he saws through...

Don’t Fall for Insurance Mis-selling Trap

“The reason why insurance is stumbling in India is because of mis-selling of products and complex products.” ~ P Chidambaram, Finance Minister Getting calls from insurance companies/agents is a common feature these days. No matter...

New method for early cancer diagnosis

Latvian scientists are close to inventing a non-invasive blood test for early detection of gastric cancer. The disease is often only diagnosed when it is too late for treatment. After six years of painstaking research,...

The Economics of Economics

“The ideas of economists and political philosophers, both when they are right and when they are wrong are more powerful than is commonly understood. Indeed, the world is ruled by little else. Practical men, who...

Quantitative easing – Growth vs Inflation

The reluctance of the RBI to reduce interest rates had primarily been on account of the fact that the government has not moved on the fiscal front to control the level of fiscal deficit and...

Colliding satellites create wasteland in space

Old satellites and pieces of shuttles are floating in the space around Earth. Is space debris dangerous? What can we do about it? Experts are discussing solutions at a conference in Germany. At the 6th...

The world’s #2 favourite sport

‘The adventures of a retail investor with the bikini clad supermodel at a beach’. Once upon a time, on an island off the west coast of the Indian peninsula, there existed a beautiful beach. It...

Outsourcing vs Insourcing

“Do what you do best and outsource the rest,” said management guru Tom Peters. It is mostly unclear whether he was pro or anti outsourcing when he uttered this.  But we know for sure that...

Engineering noise cancellation

Noise isn’t just irritating, it can also be costly. It can lead to mistakes in production because it can affect how machines work. That’s why researchers are finding ways to reduce noise at its origin....