Author Archives: Loknath Das


New York Times writer Nicholas Kristof was one of the first to start blogging for one of the most well-known media companies in the world. Yet on December 8th, he declared his blog was being shut down, writing, “we’ve decided that the world has moved on from blogs—so this is the last post here.” The death knell of blogs might seem surprising to anyone ... Read More »

ECB: bitcoin threatens Europe’s financial stability

Yves Mersch, a member of the executive committee of the European Central Bank (ECB) said bitcoin and similar unregulated cryptocurrencies pose a real risk to the established financial order.  In an interview with the German newspaper Boersen Zeitung, Mersch warned the entirely speculative nature of bitcoin’s value was a ‘cause for concern.’ Mersch also warned against banks investing in cryptocurrency. ... Read More »

A newsworthy year for education in Harford County in 2017

  Much noteworthy news was made in education in Harford County during 2017, not all of it strictly in the classroom. Thanks to a mild winter with few missed days for bad weather and Gov. Larry Hogan, Harford’s public school students enjoyed one of their longest summer vacations in years. Classes ended for the summer on June 9 and did not ... Read More »

Twitter Seeks Business Ad Dollars With Live News, CEO Tweets

HIGHLIGHTS Twitter is going after a more niche business audience With the move, it will start competing with LinkedIn Twitter has 330 million monthly active users, struggling to grow Twitter is turning its spotlight onto a new demographic in its bid to lure more advertising dollars to its social media platform: deep-pocketed business users. The microblogging service has 330 million monthly ... Read More »

Facebook Signs Deal With Universal Music Group, Promises Personalised Music Features

HIGHLIGHTS Universal Music Group (UMG) tied up with YouTube recently UMG called the Facebook deal its latest success Facebook promised more personalised music features alongside Facebook announced a licensing deal Thursday with Universal Music Group, its first with a major label, as the social media giant promised more personalized, interactive music features for its two billion users. The move marks a new ... Read More »

Twitter Says Will Inform When Local Law Demands Account, Content Blocking

HIGHLIGHTS Update a part of our efforts to increase transparency: Tiwtter Similar notification will be available for withheld accounts as well Users would now know if Twitter withholds a tweet due to legal reasons To help the public better understand the scope and scale of government censorship from around the world, Twitter has updated its transparency tool to tell its users the ... Read More »

New wrist-worn gadget to track your sleep habits: Study

gadget may help people with sleep problems by objectively tracking their real-life sleep habits and quality, scientists say. The gadget, called actimeter, records data on wrist movement from which one can obtain activity patterns for up to three months. The researchers from the Ludwig Maximilian University of Munich (LMU) in Germany used the actimeters to assess rest/activity cycles not just over the course ... Read More »

Sell Can Fin Homes, Repco Home Finance: Ashwani Gujral

Ashwani Gujral of told CNBC-TV18, “Can Fin Homes is a sell with a stoploss of Rs 485, target of Rs 460.” “Repco Home Finance is a sell with a stop of Rs 682, target of Rs 660.” “Hindalco Industries is a buy with a stoploss of Rs 274, target of Rs 289,” he added. At 13:20 hrs Hindalco Industries was quoting at ... Read More »

UK mortgage approvals hit 15-month low in November – UK Finance

LONDON (Reuters) – British banks approved the fewest mortgages in 15 months in November, when the Bank of England raised interest rates for the first time in more than a decade, industry figures showed on Thursday. FILE PHOTO – A row of houses are seen in London, Britain June 3, 2015. REUTERS/Suzanne Plunkett Banks approved 39,507 mortgages for house purchase ... Read More »

The Time of Finance

THE GLOBAL FINANCIAL CRISIS has done next to nothing to change the convictions of mainstream economists. But the widespread lament over their willful blindness seems misplaced: there was never a realistic possibility that the economics profession would voluntarily break with the methodological sophistication and statistical formalism at the heart of its identity. Far more frustrating than the resilience of orthodox ... Read More »