Miscellany

Miscellany

High testosterone levels cause market fluctuations: Study

High testosterone levels can cause stock market traders to overestimate future stock values and change their trading behaviour, leading to dangerous price bubbles and subsequent crashes, according to a study.

In the US, the majority of professional stock market traders are young males and new evidence suggests biology strongly influences their trading behaviour, researchers said.

Driverless cars give engineers a fuel economy headache

Judging from General Motors Co.’s test cars and Elon Musk’s predictions, the world is headed toward a future that’s both driverless and all-electric. In reality, autonomy and battery power could end up being at odds.

Infosys treats, trains new recruits like fighter pilots

When Infosys set out to remake its internal training programme, instructors visited flight schools to see how professional pilots are taught to deal with fast-changing situations. That led India’s outsourcing giant to model classes on flight simulators that teach recruits to work faster, think for themselves and anticipate corporate customers’ needs. They’re put through multiple scenarios, and no two training days are alike.

Manoj Bhargava, the billionaire with rural solutions

Billionaire Indian American businessman, philanthropist and innovator Manoj Bhargava (in pic) believes that those who have wealth are obligated to serve the less fortunate.

It is in pursuit of this philosophy that he has brought three innovations to the land of his birth — HANS Powerpack, an electricity provider, RainMaker, a water provider and Shivansh that guarantees free fertiliser. The three simple products and ideas designed for rural India have the potential to change the lives of people unable to access electricity, water and fertilisers.

'Nudge' theorist Thaler wins Economics Nobel

US academic Richard Thaler, who helped popularise the idea of “nudging” people towards doing what was best for them, won the 2017 Nobel Economics Prize on Monday for his work on how human nature affects supposedly rational markets. Influential in the field of behavioural economics, his research showed how traits such as lack of self-control and fear of losing what you already have, prompt decisions that may not have the best outcome in the longer term.

Online hiring looks positive with onset of festival season

With the onset of festive season, recruitment activities by India Inc have started looking positive and are expected to continue growing for the next six months. Online hiring in September registered 15 per cent year-on-year growth, while the net employment outlook for the coming six months is expected to see an incremental growth, find studies.

The Monster Employment Index found 15 per cent growth in online hiring in September. Of the 27 industry sectors monitored by the Index, 22 sectors saw increased demand. 

High-rise forests take root globally

As balconies bristle with tree branches and sunshine dapples the leaves of thousands of plants, two apartment buildings in the heart of Milan have almost disappeared under lush forest.

The brainchild of Milanese architect Stefano Boeri, the Bosco Verticale (Vertical Forest) uses more than 20,000 trees and plants to adorn the high-rise buildings from top to bottom - a project now being exported all over the world, from China to the Netherlands.

Mind-boggling Math could make blockchain work for Wall Street

A major breakthrough in cryptography may have solved one of the biggest obstacles to using blockchain technology on Wall Street: keeping transaction data private.

Known as a “zero-knowledge proof,” the new code will be included in an October 17 upgrade to the ethereum blockchain, adding a level of encryption that lets trades remain private. Previously, users were able to remain anonymous but transactions were verified by allowing everyone on the network to see them.

Trio awarded Nobel prize for 'cool' method to study molecules

A trio of Swiss, American and British scientists won the 2017 Nobel chemistry prize on Wednesday for developing cryo-electron microscopy, allowing researchers to see biological molecules frozen in action.

The work by Jacques Dubochet, Joachim Frank and Richard Henderson makes it possible to image proteins and other molecules after freezing them rapidly to preserve their shape, providing a powerful new tool for medical research.

Nobel Literature Prize: Controversy, fame and flops

Ahead of the announcement on Thursday of this year's Nobel Literature Prize laureate, here is a look at some of the controversies down the years since the prestigious title was first awarded in 1901.    

The 1964 laureate French philosopher Jean-Paul Sartre, whose political philosophy was partly based on the criticism of institutions, was the first writer to refuse the prize. He wrote that he "always declined official honours".

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