When, in 2005, Aaron Krowne, a researcher at Emory University, was issued an ultimatum by his landlord to either let go of his apartment in Atlanta or buy it, he asked around. Everyone advised him to buy it. But when he did the math, he knew something was wrong. He&rsquo;d have to get an exotic loan (well, they were hugely popular at the time) and he wasn&rsquo;t sure he could repay. He declined the offer and quit the apartment. By the end of 2006, the American subprime crisis had begun to unravel.

Dangers in the comfort zone

Business Standard

There is something about business schools. Since the economic crisis of 2009, there has been much negative press about MBAs and the institutes from which they emerge. Apart from the stress laid on the teaching of ethical behaviour, several commentators have questioned the rationale of a course that fills up smart brains with theoretical frameworks that are of little use in the real world.

Virgin stories

Kelly Newsome passed top of her class at the University of Virginia School of Law and landed a plum job with a high-profile law firm in Manhattan.

The dream job

When I received the packet containing this book in the mail, I was mildly surprised. Books on corporate gyaan are generally slim but this one was, if not a doorstopper, close to one. At 500-plus pages and covered in light blue tones, it could easily pass off as another of my here-today-gone-tomorrow MBA books that are picked up with alacrity at the start of the term but vanish in the thickets of the hostel room soon after.

How to avoid rookie mistakes

Our health department is working efficiently in this matter, no one has to worry, Prakash Abitkar said

Prakash Abitkar, Maharashtra Health Minister

Gautam compared AAP leaders to rulers like the Mughals, claiming they disregard the Constitution and democratic values

BJP Flag, BJP

A 14-year-old student has been arrested after bringing a gun on Wednesday to Apalachee High School, the same Georgia high school where a shooting in September killed two teachers and two students and wounded others.
The Barrow County Sheriff's Office said school resource officers arrested the boy without incident Wednesday afternoon at the school in Winder, about 65 kilometres northeast of Atlanta. Deputies said the student was cooperative and compliant when encountered by law enforcement officers and there have been no reports of the student threatening anyone with the gun.
The student, who wasn't named because of his age, was taken to a juvenile detention centre in Gainesville. He's charged with two counts of possessing a weapon on school grounds, theft and being a minor in possession of a gun. Deputies didn't say what kind of gun was seized. Authorities said the student was arrested shortly after 2 pm at school, but they did not say when he arrived or release details of the ...

arrest

He added that Oman is particularly well-known in the Indian market as a popular wedding destination

travel tourism passenger air travel flight

The 25 year-old Mumbai-based financial services firm aims to raise as much as Rs 4,000 crore ($466 million) through the fund, that will invest in the debt of mid-sized businesses in the country

Avendus Capital

Four devotees, including three women died and several more were injured in a stampede here on Wednesday night as hundreds of them jostled for tickets for Vaikunta Dwara Darshanam at Lord Venkateswara Swamy temple on Tirumala Hills, a police official said.
Hundreds of devotees turned up from across the country for the 10-day Vaikunta Dwara Darshanam commencing from January 10.
"Three women and a man died in the stampede," the official confirmed to PTI.
Meanwhile, videos of police administering CPR on a couple of woman devotees and injured persons being shifted in ambulances went viral.

Tirupati stampede

Markets regulator Sebi on Wednesday said it has issued guidelines on the regulatory framework for research analysts and investment advisers to bolster investor protection and ensure transparency.
These guidelines came after the regulator notified the research analyst (RA) rules and investment adviser (IA) norms in December last year.
The new norms encompass qualification standards, fee structures, deposit requirements, and client segregation protocols.
The regulator introduced fresh compliance mandates, particularly for entities utilising artificial intelligence (AI) tools in their services.
Under the revised framework, Sebi said research analysts are required to maintain a deposit based on their client base, ranging from Rs 1 lakh for up to 150 clients to Rs 10 lakh for over 1,000 clients.
These deposits aim to provide additional security for investors.
Also, investment advisers are mandated to follow a graded deposit system tied to client numbers.
Existing IAs must comply with

SEBI

The changes involve simplifying the language and rationalizing information by using formulas and tables, and won't include any adjustments to tax rates and policy, the people said

Nirmala Sitharaman, Sitharaman

In 2022, the RBI updated regulations for MFIs, which now apply to all entities in the sector, including banks, small finance banks, and non-banking financial companies (NBFCs)

Nirmala Sitharaman, Union Finance Minister

Capital markets regulator Sebi has revised timelines for credit rating agencies (CRAs) to enhance the ease of doing business by introducing the term "working days" instead of "days" for compliance deadlines.
In a circular issued on Tuesday, the markets watchdog announced changes in rules for CRAs aimed at standardising rating processes and publication protocols.
These changes follow recommendations from a working group on CRAs that highlighted the challenges posed by existing timelines, especially during non-working days.
"One of the recommendations of the Working Group of CRAs for ease of doing  business pertains to modification of approach on specifying timelines from 'days' to 'working days' in respect of certain requirements," Sebi said.
Under the revised rules, the regulator said credit rating agencies are required to publish press releases on rating actions within seven working days of the relevant event, replacing the previous mandate of seven calendar days.
Similarly, for 

sebi

Beed police have booked Maratha quota activist Manoj Jarange for allegedly making defamatory remarks against Maharashtra minister Dhananjay Munde over the murder of a sarpanch in the district, an official said.
Following a complaint by one Tukaram Aghav, the Parli police here on Sunday registered a First Information Report (FIR) against Jarange over the remarks and on charges of creating a divide in the society.
During a rally in Parbhani on Saturday, Jarange targeted NCP minister Munde over the murder of Santosh Deshmukh, the sarpanch of Massajog village in Beed district.
The activist had said the Maratha community wouldn't allow Munde to roam on the streets if Dehmukh's family was harmed.
His remarks upset Munde's supporters, who demanded that a case be registered against Jarange. They had also protested against the activist outside the Shivajinagar police station in Beed.
Deshmukh was abducted, tortured and murdered on December 9, apparently because he tried to thwart an attemp

Manoj Jarange

Mainly Muslim Rohingya, who are originally from Myanmar and constitute the world's largest stateless population, often escape poor conditions in refugee camps on rickety boats to Thailand or Indonesia

Rohingyas, Rohingya refugees

The 1-month non-deliverable forward indicated that the rupee will open flat-to-slightly-lower from its closing level of 85.77

Rs, Rupee, Indian Currency, Economy

Standard Glass Lining IPO opens for public subscription today. Check details, lot size, price band, GMP, brokerage reviews, key dates, and more

The growth pace was the fastest since May 2024, surpassing the 50-mark that separates expansion from contraction on a monthly basis

china Flag, China

Challenging the decision of the Biden Administration to investigate the activities of Indian billionaire Gautam Adani and his companies, an influential Republican lawmaker on Tuesday said such selective actions risk damaging critical alliance partners.
In a strongly worded letter to US Attorney General Merrick B Garland, Congressman Lance Gooden, member of the House Judiciary Committee, demanded answers on the Justice Department's selective prosecution of foreign entities and the potential harm such actions pose to US's global alliances and economic growth and that if there is any Geroge Soros connection to it.
The Department of Justice's selective actions risk damaging critical alliances with key partners like India, one of America's strongest allies in the Asia-Pacific region, Gooden said in his letter dated January 7.
Instead of pursuing cases with tenuous jurisdiction and limited relevance to US interests, the DOJ should focus on punishing bad actors at home, rather than chasing

Gautam Adani, Adani

The temporary work permits are the only real way to employ Indian immigrants in the US, since national caps make it nearly impossible for them to get a green card

H-1B Visa

Battery swapping will only increase the cost for a consumer to run the vehicle, say e2W players

electric two wheeler

At least five cases of HMPV have been reported in India, all of them among children

HMPV, disease, illness, health

The Supreme Court on Tuesday granted bail to interim bail to self-styled godman Asaram on medical grounds till March 31 in 2013 rape case

Vikram Johri

Vikram Johri

Page 7 - Vikram Johri

Dangers in the comfort zone

Virgin stories

The dream job

How to avoid rookie mistakes

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No one has to worry, says Maharashtra Health Minister Abitkar on HMPV

Atishi, Kejriwal think themselves as Delhi's owners: BJP's Dushyant Gautam

14-year-old held with gun at Georgia's Apalachee high school after shooting

India to continue working together with Oman in tourism sector, says min

Avendus seeks $466 million as it launches new India private credit fund

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At least 6 killled, several injured in stampede at Tirupati temple

Sebi issues new guidelines for research analysts, investment advisers

Centre to simplify decades-old income tax filing rules in upcoming Budget

FinMin meet: MFI representatives seek lowering of asset qualification norms

Sebi modifies credit rating agency rules to enhance ease of doing business