Nifty fell 64.1 points

The situation in the Middle East continues to be volatile and might keep oil prices high and the rupee weak in the short term, according to forex traders.

Equity indices Sensex and Nifty close lower due to selling in banking stocks, cautious investors, and global trends

The BSE Sensex went down by 240.75 points to 81,579.37 in early trade. The NSE Nifty declined 62.7 points to 24,994.65

From the 30 Sensex firms, Infosys, State Bank of India, Larsen & Toubro, Reliance Industries, Sun Pharma and Tata Consultancy Services were the biggest gainers

Intense selling in realty, auto, consumer discretionary and consumer durable stocks also dragged the markets lower

Equity markets open strong but later decline; HDFC Bank gains, Kotak Mahindra Bank falls, global markets mixed

The 30-share Sensex declined 73.48 points or 0.09% to settle at 81,151.27

This is the biggest ever IPO to have ever hit in the Indian capital markets

On October 23, BSE Sensex plummeted 930.55 points or 1.15% to settle at 80,220.72; NSE Nifty tumbled 309 points or 1.25% to 24,472.10

Nestle, Bharti Airtel, Bajaj Finserv, ICICI Bank and Maruti were the other big laggards

The BSE Sensex plummeted 662.87 points or 0.83% to settle at 79,402.29. The NSE Nifty tanked 218.60 points or 0.90% to 24,180.80

Equity indices fall due to foreign fund outflows and muted earnings, with Sensex and Nifty declining in early trade

Forex traders said the strength of the American currency in overseas markets dented investor sentiments, while easing crude oil prices and any intervention by the Reserve Bank of India (RBI) may support the local currency at lower levels

At the interbank foreign exchange, the rupee opened at 84.06 against the greenback. It traded in a tight range and ended the day at 84.09 (provisional), down 4 paise from its previous close

The BSE Sensex declined 326.58 points to 78,455.66 in early trade

Forex traders watch U.S. election impact on markets as rupee hits record low against dollar, with RBI intervention expected

The U.S. Fed is expected to announce a rate cut in a meeting scheduled later this week, with further easing of up to 100 basis points projected for 2025

Market analysts said unabated foreign fund outflows and mixed global cues further dented investor sentiments

Stock markets tumble over 1% as investors await U.S. Fed decision, with Sensex and Nifty dropping significantly

The rupee touched fresh record lows again on the back of weak domestic equities and sustained FII outflows

Chennai district collector has declared holiday for schools on November 12 owing to rain

The incentives for all private vehicles are lower than under the five-year FAME 2 scheme which came to a close this April

Bankers expect pressure on NIM to continue in Q3

The AJR Eurocentric framework falls short of representing the Global South, oversimplifies history and ignores diverse development paths

New York : Columbia University Press, [2021]

Forex traders said the US Federal Reserve's recent decision to cut interest rates signals a shift in the global financial landscape.

The stock market indices fall due to foreign fund outflows and weak blue-chip stocks; RBI to unveil monetary policy next month

In Asian markets, Seoul, Shanghai and Hong Kong settled lower while Tokyo ended in the positive territory. European markets were trading lower. Wall Street ended mostly higher

Forex traders said the U.S. Federal Reserve's recent decision to cut interest rates signals a shift in the global financial landscape

Forex traders said the rupee is likely to remain under pressure unless there is a softening in the dollar index or a slowdown in foreign fund outflows

The rupee hits new lifetime low of 84.39 against USD, weighed down by foreign fund outflows and equities

Forex traders said the rupee is expected to trade between 83.80 and 84.50 in the medium term with the Reserve Bank of India likely limiting any significant downside

Nifty plunges to 4.5 months low

The data shows that launches have been decelerating over the past four quarters while sales have been falling over the last three quarters

The shraadh period this year started on September 18 and ends this week on October 3

Research suggests people have an innate tendency to be overoptimistic about their capacity to meet deadlines. How can we guard ourselves against it?

NCP president reinforces his party’s commitment towards preserving values of the Constitution, ending poverty, and bringing about development through schemes launched by Mahayuti govt.

Full Schedule
Proceedings

Best quote: Librarians are like Mr. Paperclip from MS Office - we pop up when you least expect it and try to offer to you help...

This conference focused on the science library's role in supporting e-science and integrating into research collaborations and science departments. There was a mixture of speakers: government, library and institute directors, and a few librarians. The presentations were a mixture of big picture descriptions and some concrete examples. I felt like there wasn't as much hard solutions that we could take back to the library and implement, but perhaps just educating the library community on how radically different e-science is changing the research landscape is the necessary first step.

I've included the highlights from my session notes below (let me know if you'd like the see my full notes in gory detail). Check out the proceedings link above for powerpoint and document files for most of the speakers.

As a side note, our poster about GatorScholar was well-received with many people already aware of the project from either Val's USAIN presentations, the SLA poster, or from hearing about Cornell's project. Medha Devare was one of the panel reactors and she mentioned our collaboration in her presentation. Most of the poster visitors seemed very interested in starting their own version and perhaps at some point we'll have a network of databases.

Thursday

E-Science: Trends, Transformations & Responses

Convener and Moderator: Wendy Lougee, University of Minnesota
Speaker: Chris Greer, Director, National Coordination Office

2. A Case Study in E-Science: Building Ecological Informatics Solutions for Multi-Decadal Research

William Michener, Research Professor (Biology) and Associate Director, Long-Term Ecological Research Network Office, University of New Mexico


3. Rick Luce, Vice Provost and Director of University Libraries, Emory University Libraries

"Making a Quantum Leap to eResearch Support: a new world of opportunities and challenges for research libraries"


Wendy Lougee

Pitfalls: not to fall back on traditional roles, currently we don't respond to multi-institutional collaborations, our boundaries stop with the institution

We need to understand scientists' workflows, need to identify strategies for embedding librarians into project teams. We need to think about core expertise of librarians, reimaging roles of librarians

What do we do to build this collaborative action? We need to think outside the box.

Data Curation: Issues and Challenges

Convener and Moderator: James Mullins, Dean of Libraries, Purdue University

• Liz Lyon, Director, UKOLN

Transition or Transform? Repositiioning the Library for the Petabyte Era

How can libraries work with science (in a very general sense)?

1. Transition or Transform? Need to become embedded and integrated into team science. Many different models of engagement

Geosciences pilot where the library worked with the Geological department to curate their datasets (Edinborough):
Found: Time needed is longer than anticipated, inventory doesn't have to be comprehensive, little documentation exists
Outcomes: positive, requirement for researcher and auditor training, need to develop a data policy

2. Lots of opportunities of action: leadership by senior managers, faculty coordination, advocacy & tranining, data documentation best practices

People and Skills: there are not enough specialised data librarians. In UK 5 data librarians. Need to bring diverse communities together - facilitate cooperation between organizations and individuals.

Open science: new range of areas where results are being put onto the web (GalaxyZoo eg.) Librarians need to be aware of implications.

3. Need multidisciplinary teams and people in library, huge skill shortage, need to find core data skills and integrate it into the LIS curriculum. Recruit different people to the LIS team, rebrand the LIS career. Go from librarianship to Informatics.

• Fran Berman, Director of the San Diego Supercomputer Center, UC San Diego, and Co-chair Blue Ribbon Task Force on Sustainable Digital Preservation and Access

"Research and Data"

Researchers are detectives, shows different major questions (SAF, Brown Dwarfs, bridge stress, Income dynamics over 40 years, Disease spread-Protein Data Bank) - key collections all over.

CI Support: all these issues are crucial. researchers want a easy to use set of tools to make the most of their data.

She finds different preservation profiles: timescale, datascale, well-tended to poor, level of policy restrictions, planned vs. ad hoc approach

Researchers focused on new projects, customization of solutions to problems, collaboration

Researchers need help: developing management, preservation and use environments, proper curation and annotation, navigating policy, regulation, IP, sustainability

Questions about preservation: what should we save and who should pay for it? Just saving everything isn't an option. 2007 was the crossover year - digital data exceeded the amount of available storage. What do we want to save? Who is we?
Society: official and historically valuable data, Fed agency or inst normally takes part.
Research community: PDB, NVO.
Me: medical record, financial data, digital photos - real commercial market for preservation solutions.

What do we have to save?
private sector: HIPAA, Sarbanes-Oxley,
OMB regulations for fed funded research data (3 years, not always easy to do).

Economics: many costs associated with preservation. Maintenance upkeep, software, utilities, space, networking, security, etc.

UCSD forged partnership with library. Trying to create a preservation grid with formal policies, nationwide grid with other institutions.

Panel Responders:

• Sayeed Choudhury, Associate Dean of University Libraries and Hodson Director of the Digital Research and Curation Center, Johns Hopkins University

Data Curation Issues and Challenges:

It makes sense to help scientists deal with public and higher levels of data, not the raw data.

Considerations: need to work within their systems, consider gateways for systems as part of infrastructure development (think about railroad gauge), focus on both human and tech components of infrastructure, human interoperability is more difficult than tech interoperability, trust is key!

Questions: What about the cloud or the crowd? Can Flickr help us with data curation? What are the fundamental differences between data and collections? Human readable vs. machine readable? How do we transfer principles into new practices? What are we trying to sustain? Data? Scholarship? Our organizations?


Supporting Virtual Orgs

• Thomas A. Finholt, Director, Collaboratory for Research on Electronic Work (CREW) and Research Professor & Associate Dean for Research and Innovation, School of Information, University of Michigan

Changing nature of geographically-distributed collaboration:

history: transition in terms of distributed work. Much of what came before (collaboratory, video conf) had a precedent but new emerging has no precedent (crowdsourcing, VO's), no traditional context leaves us a bit adrift.

Lesson 1: anticipate cultural differences.
Domain scientists: characteristics: power distance (bias toward seniority, hierarchical), individualist(solo PI, individual genius), masculine(adversial and competitive), uncertainty avoidance
CI developers: power distance (bias toward talent, egalitarian), collectivist(project model), masculine, embrace risk

Lesson 2: plan for first contact.

It can be tough to recognize successful innovations: first efforts are often awkward hybrids



Crowdsourcing: idea that we send out challenges and solutions come to us (ex. Innocentive website, Games with a Purpose). We don't know who is going to do the work, effort is contributed voluntarily -> incentives are important to motivate work

Delegation of organizational work: people can count on organizations to do some of the basic policy work. Much attention has focused on technology and processes to support social ties, alternative course is the use of technology to supplant social ties - > think of this as organizing without the work of organizing, questions of who to trust, who pays, permitted to use the resources are managed by middleware.

Group work is an inevitable fact of org life.

• Medha Devare, Life Sciences and Bioinformatics Librarian, Mann Library, Cornell University

Idea of Virtual Organization: boundary crossing, pooling of competencies, participants or activities geographically separated, fluid, flat structure, participant equality

Library contributions: technology choices, tools; tech support/guidance; subject expertise; understanding of research landscape; vision - user needs of the future?

Examples of library support: VIVO, DataStar (supports data-sharing among researchers)

DataStar: Data Staging Repository: supports data sharing, esp during research process, promotes publishing or archiving to discipline specific data centers and/or to Cornell's DR. Nascent stage

Reinventing the library? Librarians as middle-ware to facilitate process of connecting and creating coherence across disciplines - both VIVO and DataStar aid this.

Hope that both tools seamlessly interact with each other.


D. Scott Brandt, Associate Dean for Research, Purdue University Library

Tries to embed librarians in research teams. We have to redefine what we do, collect.

MEA spokesperson Randhir Jaiswal accused Canadian officials of using such insinuations as part of a strategic campaign to damage India’s reputation internationally

Traders can retain longs

The value of gold demand also increased dramatically by 54% to ₹1.65 lakh crore.

It added that from November 13 to 15, fairly widespread with light to moderate rainfall is very likely to occur over south interior Karnataka and coastal Karnataka

“The total income decreased to ₹39,837 crore in the second quarter of the current fiscal as against ₹44,821 crore a year ago,” JSW Steel said in a regulatory filing

The company’s revenue from operations for the quarter ending September 30, 2024 grew marginally to ₹7,516 crore as compared with ₹7,424 crore in the same period last year

IOC and other state-owned fuel retailers — HPCL and BPCL — had last year made extraordinary gains from holding petrol and diesel prices despite a drop in cost.

Maruti Suzuki India Ltd. reports 17% drop in net profit due to tax changes, plans amalgamation with subsidiary

The IMD has put six districts — Thiruvananthapuram, Kollam, Pathanamthitta, Idukki, Thrissur and Palakkad — on yellow alert for isolated heavy rainfall