INTEREST RATE FUTURES IN INDIA Dr. Shashi Srivastava * Divya Srivastava ** Abstract In the era of globalization‚ one of the macro-economic variable that has come into great focus is interest rate. The volatility of interest rates has increased manifold in the last couple of years. Interest rate risk management has become very important and assorted instruments like interest rate
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PETA is one of the most popular interest groups there is today. With their aim to benefit animals and their lives‚ they are thoroughly involved with events that have to do with such. In a USNEWS article‚ it states that PETA’s next aim‚ as of December 2014‚ is to have elephant free circuses. It started with more than one hundred people dressed in all gray laying down on the U.S. Capitol lawn in the shape of an elephant. They did so to attempt to protest inhumane treatment of the animal. Their aim
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How People Fall Into Debt Unfortunately in today’s demanding society‚ many find themselves racking up thousands of dollars of debt. There are many different reasons as to why people wind up in this mentally and finically stressful position. While some people are just fiscally irresponsible and lack personal discipline; others that are much more responsible aren’t immune to debt‚ they can be hit with an unexpected medical bill or job loss. Living outside of ones pay check and unexpected medical incidents
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United States government faces mounting debts that crowd out private investing and cost the American tax payer $234 billion this year. The Congressional Budget Office expects the debt to grow to $1.7 trillion by the end of the year and increase as boomers begin to receive Social Security and Medicare1. While spending wisely through investments in capital raise the nation’s gross domestic product over and reduce unemployment‚ the practice of running deficits in all phases of the business cycles is problematic
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mortgage on his home. Therefore‚ he can borrow an additional $87‚500. 2. Louise McIntyre’s monthly gross income is $3‚000. Her employer withholds $700 in federal‚ state‚ and local income taxes and $250 in Social Security taxes per month. Louise contributes $100 per month for her IRA. Her monthly credit payments for VISA and MasterCard are $65 and $60‚ respectively. Her monthly payment on an automobile loan is $375. What is Louise’s debt payments-to-income ratio? Is Louise living within her means? (LO
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influenced the rising crime rate‚ some being‚ increasing use of drugs‚ increasing population‚ and decreasing morals. America must find ways to decrease the crime rate legally. One question often going hand in hand with decreasing crime rate is would legalized gambling decrease the crime rate? During the late 1980’s and early 1990’s slow economic growth‚ cuts in federal funding‚ and growing public needs forced state and local governments to seek additional sources of revenue. Most states turned to lotteries
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the fact that an all-powerful‚ all loving God could allow these things to happen? Be sure to provide an account for both human generated evils and natural evils. Given Hume’s account of ideas‚ how would he likely respond to Augustine’s account? Who do you think provides the more compelling response? Augustine is a well-known philosopher who is known for describing what a “free will” is and that it is something that every single one of us has. A free will is the ability for all of us to make our
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deliberately take a life is not acceptable. Abortion‚ which indeed takes away life‚ is no exception. It’s tolerance is an attack on democracy. The topic of abortion is a highly controversial issue in today’s society‚ and various views are held concerning the morality of the procedure. Some people feel that abortion is simply cold-blooded murder‚ because it is their opinion that a ’foetus’ is a human being from the moment of conception. However‚ others would argue that a foetus is merely insubstantial matter
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M.Sc. Economics and Finance Dissertation INTEREST RATE SENSITIVITY OF STOCK RETURNS Acknowledgements I would like to thank my supervisor Dr. Illias Tsiakas for his continued support and Encouragement. I would like to thank my father‚ mother and my sister for their tremendous support and understanding not only through the period of this thesis but for the period of the entire masters programme. In addition I would like to thank some of my friends who supported and encouraged me. Special thanks
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know-how. Yuan exchange rate regime could affect China’s economic growth also can through two aspects: the first is through the level changes‚ namely exchange rate appreciation and depreciation; the second is through the flexibility changes‚ namely the exchange rate fluctuation range expansion. Theoretically‚ the adjustment of Yuan exchange rate could impact China’s economy from various channels‚ and it could also be impacted by the growth rate vice versa. The change of exchange rate regime could impact
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