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Poke Me: An unreasonable ratio between a company's lowest and highest salary can cause problems

Murthy’s long missive about the pay culture in Infosys echoes the pay reforms debate in advanced economies.




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SBI's 1-year FD is offering lower interest rate than some banks' savings accounts

Apart from small finance banks, certain private banks are also offering higher interest rate on savings accounts. Banks offering higher interest rates on savings account comes with certain conditions.




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MF SIP flows slow, equity fund flows halve; liquid funds boost debt AUM

Amfi data released on Friday showed SIP inflows fell 3 per cent to Rs 8376.11 in April.




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​Debt, hybrid mutual funds see large outflows in April; advisors blame Franklin fiasco

The Franklin Templeton Mutual Fund fiasco seems to have hit the debt mutual fund space very hard. The data released by Association of Mutual Funds in India or Amfi reveals that most debt mutual fund categories have witnessed outflows in the last month.




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You may be allowed to pay health insurance premium in instalments amid coronavirus outbreak

You may now get the option from your insurer to pay your health insurance premiums on a monthly, quarterly or half-yearly basis in addition to the current option of paying premiums on an annual basis amid coronavirus outbreak.




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Most H-1B employers use programme to pay migrant workers well below market wages: Report

"Among the top 30 H-1B employers are major US firms including Amazon, Microsoft, Walmart, Google, Apple and Facebook. All of them take advantage of program rules in order to legally pay many of their H-1B workers below the local median wage for the jobs they fill," said the report released by the Economic Policy Institute.




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Future of work: What to expect after coronavirus crisis blows over

Factors will determine if your job profile will evolve. However, don’t expect a change where the business-efficient alternative is to replace you to save nonproductive costs or deal with change in customer behaviour.




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Sensex falls 470 points, Nifty below 9,000; L&T climbs 6%, Airtel 4%

Sensex falls 470 points, Nifty below 9,000; L&T climbs 6%, Airtel 4%





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Sensex sheds 310 pts; Nifty ends below 9k; banking, financial stocks drag

Sensex sheds 310 pts; Nifty ends below 9k; banking, financial stocks drag





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Oil price collapse sends Sensex tumbling 1,011 pts; Nifty ends below 9K

Oil price collapse sends Sensex tumbling 1,011 pts; Nifty ends below 9K





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Sensex falls 500 points, Nifty below 9,200; ICICI Bank declines 4%

Sensex falls 500 points, Nifty below 9,200; ICICI Bank declines 4%





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Sensex plummets 536 pts on weak global cues, Nifty ends below 9,200; bank, IT stocks top drags

Sensex plummets 536 pts on weak global cues, Nifty ends below 9,200; bank, IT stocks top drags





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Sensex bleeds 2,002 points due to global selloff; Nifty slips below 9,300

Sensex bleeds 2,002 points due to global selloff; Nifty slips below 9,300





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Bank, FMCG stocks drag Sensex 262 points lower; Nifty barely holds above 9,200

Bank, FMCG stocks drag Sensex 262 points lower; Nifty barely holds above 9,200





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Sensex sheds 242 pts, Nifty slips below 9,200; financials top drags

Sensex sheds 242 pts, Nifty slips below 9,200; financials top drags





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Flows into equity MFs drops 8.8% to Rs 6,026 cr in October: AMFI

Flows into equity MFs drops 8.8% to Rs 6,026 cr in October: AMFI





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FDI flows from neighbouring countries will be affected due to new screening rules: Shardul Shroff

FDI flows from neighbouring countries will be affected due to new screening rules: Shardul Shroff





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Maharashtra allows free intra-state bus travel from May 11

The Maharashtra government has decided to make available its bus services free of cost from Monday to facilitate travelling of people stranded in various parts of the state to their homes during the lockdown period, transport minister Anil Parab said on Saturday.




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Calcutta HC allows MP Birla Group companies to declare voting results of its AGM

On Monday, the court had also said that the order is not sustainable in view of the fact that orders and/or directions were passed interfering with the holding of AGM by the companies that are separate juristic entities without first deciding the issue of jurisdiction.




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Gold gains as US jobs data adds to slowdown fears

US gold futures rose 0.6 per cent to $1,698.70.




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Palm oil rises on lower Indonesian inventories; set to post weekly loss

Palm oil has ended lower for the past three sessions, and has lost 5% so far this week.




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India allows late foreign-exchange deals to lure trade home

London has overtaken Mumbai to become the top center for trading the rupee




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RBI allows 24x7 forex mkt ops via select banks

select banks in India can offer forex rates to Indian clients beyond the inter-bank market hours




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Rupee opens 7 paise lower at 71.27 against dollar

“Today, USDINR pair is expected to quote in the range of 71.05 and 71.50,” Motilal Oswal Financial Services said.




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Rupee hits record low against the US dollar

The rupee on Friday hit a fresh record low of 74.48 against the US dollar following sharp sell-off in domestic equities




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DPIIT asks telecom dept, BSNL to hold Rs 9,000 cr worth tender following allegations of anomalies

The tender was floated by BSNL in March under the new management for setting up 4G network. This was the first tender issued by the telecom PSU after the government announced Rs 68,751 crore relief package for BSNL and MTNL in October 2019.




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Few takers for CIL coal despite lower floor price at e-auction

Coal India planned to auction 60% of its 75 million tonnes inventory by May-June following which four subsidiaries planned to offer 46 million tonnes under different e-auction schemes. CIL reduced floor price for bidding from 20-30% above notified price to the notified prices and bulk of the offer was to be for auctions allowing consumers to lift booked quantities over several months.




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ATM industry seeks lower GST rate, stimulus to address COVID-19 challenges

In a letter to Finance Minister Nirmala Sitharaman, the Confederation of ATM Industry (CATMi) mentioned that it has been recognised by the government as a crucial player to further the financial inclusion. The COVID-19 situation has caused a sharp decline in the ATM transactions and has posed severe business challenges to the ATM industry, the CATMi stated.




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SEC Awards Over $27 Million to Whistleblower

The Securities and Exchange Commission today announced an award of more than $27 million to a whistleblower who alerted the agency to misconduct occurring, in part, overseas.  After providing the tip to the Commission, the whistleblower provided…




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SEC Issues $5 Million Whistleblower Award

The Securities and Exchange Commission today announced a $5 million award to a whistleblower who provided significant information that led to a successful enforcement action.  The whistleblower provided critical evidence of wrongdoing, which helped…




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SEC Awards Over $18 Million to Whistleblower

The Securities and Exchange Commission today announced an award of more than $18 million to a whistleblower whose significant information prompted an examination that resulted in an important enforcement action. The whistleblower repeatedly reported the…




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SEC Awards Almost $2 Million to Whistleblower

The Securities and Exchange Commission today announced an award of nearly $2 million to a whistleblower whose information and assistance helped the agency bring a successful enforcement action and allowed investors to recover much of their money. …




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SEC Provides Temporary, Conditional Relief to Allow Small Businesses to Pursue Expedited Crowdfunding Offerings

The Securities and Exchange Commission today announced that it is providing temporary, conditional relief for established smaller companies affected by COVID-19 that may look to meet their urgent funding needs through a Regulation Crowdfunding offering.…





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Interprovincial Migration Flows Canada

From the museum of Sankey diagrams comes this beautiful visualization of migration flows between Canadian provinces in the years 1956 to 1961. Sorry but I didn’t note the source… still wanted to share it with you.
[See image gallery at www.sankey-diagrams.com]
Unfortunately, flows are not to scale: compare, for example, the exits from the Atlantic provinces in the period (86,078 people) which should have an arrow similar to the inflow of 85,476 to British Columbia. Or look at the exodus from Ontario provice, which seemingly is larger than the influx to the provice (but in fact is smaller).




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Tokyo, Paris, Mexico City: MSW flows

A comparison of the different pathways that municipal solid waste (MSW) is going in large metropolitan centres such as Toyko, Paris and Mexico City is presented in the article ‘La recogida de basura en Mega-ciudades: En el marco de la sostenibilidad’ by Fabian Tron. Available in Revista INVI v.25 n.70 12/2010 on Scielo in Spanish.
[See image gallery at www.sankey-diagrams.com]
While the data on waste quantities itself is quite old and dates back to 2005, I found the system how household waste is handled differently in these three cities quite interesting. To get an idea of the “weight” of the different pathways, I decided to do a remake of the three figures as Sankey diagrams. Here is the one for Tokyo.

[See image gallery at www.sankey-diagrams.com]
Flows are in 1000 tonnes (kt) per year. There is an informal sector (Economia Informal) where waste streams are not under control of the municipality. The largest part of non-recyclable household waste goes directly to incineration or “reduction”. The remainder is led to treatment plants and eventually most of it ends up in landfill (Vertedero). Note that smaller flow quantities are over-emphasized and are not to scale (otherwise they would hardly be visible in the diagram).

If you want to see the two other Sankey diagrams, please let me know in the comments.




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‘We Need To Get In The Game’: McIngvale Urges Racing To Embrace Lower Takeout, Millennials’ Thirst For Sports Betting Action

Jim McIngvale, aka Mattress Mack, is a legendary Houston, Texas, furniture store owner who's brought his unique brand of marketing to the Thoroughbred world. If you're not familiar with his medication-free champion sprinter Runhappy, the Claiborne Farm stallion he's been promoting the last several years, there's no point in reading any further. You're clearly from […]

The post ‘We Need To Get In The Game’: McIngvale Urges Racing To Embrace Lower Takeout, Millennials’ Thirst For Sports Betting Action appeared first on Horse Racing News | Paulick Report.




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ThoroEdge: ‘Why Does the Belmont Keep Getting Slower?’

In a new post on the ThoroEdge Equine Performance website, Bill Pressey wonders if winning the Belmont Stakes in a time of 2:30+ is now the “new normal”. In the article, Pressey studies the figures and times of the Belmont over several decades. Not only have the winning times gotten slower, they are the equivalent […]

The post ThoroEdge: ‘Why Does the Belmont Keep Getting Slower?’ appeared first on Horse Racing News | Paulick Report.




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873 The Flowers and the Bees

Chris checks in with Eimear King, the new voice on The Future of Photography and answers a question on photographic travel preparations, including camera time zones and some really nifty Lightroom stuff, so you can focus on the really important things. [sc:podlovebutton] Links: SPONSOR: HoneyBook. Get 50% off with code TOPFLOOR Download the MP3 for … Continue reading "873 The Flowers and the Bees"

The post 873 The Flowers and the Bees appeared first on PHOTOGRAPHY TIPS FROM THE TOP FLOOR.




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Maryland Governor Allows $375 Million Racetrack Renovation Bill To Become Law

The Racing and Community Development Act of 2020, which will protect the long-term future of horse racing in Maryland through the rebuilding of Pimlico Race Course and Laurel Park into state-of-the art facilities, was one of many bills Gov. Larry Hogan allowed to become law without his signature on Thursday, May 7. The legislation, which […]

The post Maryland Governor Allows $375 Million Racetrack Renovation Bill To Become Law appeared first on Horse Racing News | Paulick Report.




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Evening forecast: Low of 35 ahead of cooldown; freezing mark reached in spots

Evening Star Tribune Local Twin Cities (Minneapolis/St. Paul) Weather Video Forecast




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Wicklow People: New website aims to beat lockdown boredom

Wicklow People: New website aims to beat lockdown boredom. “A student from Wicklow town has built and programmed a website to help people cope with boredom during Covid-19 lockdown. The website… created by Jack Kennedy features music, youtube videos, movies, TV shows, documentaries, articles, and Wikipedia rabbit holes that are deemed interesting and entertaining. The … Continue reading Wicklow People: New website aims to beat lockdown boredom




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Burlington Free Press: Fired after raising concerns about unsafe conditions, UPS whistleblower gets her job back

Burlington Free Press: Fired after raising concerns about unsafe conditions, UPS whistleblower gets her job back. “Marge Harvey got her job back. Harvey, a 33-year veteran driver for UPS in St. Johnsbury, was fired on April 10 after pushing management on unsafe conditions at her workplace, including no personal protective equipment, no soap in the … Continue reading Burlington Free Press: Fired after raising concerns about unsafe conditions, UPS whistleblower gets her job back




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MRP with R and Stan; MRP with Python and Tensorflow

Lauren and Jonah wrote this case study which shows how to do Mister P in R using Stan. It’s a great case study: it’s not just the code for setting up and fitting the multilevel model, it also discusses the poststratification data, graphical exploration of the inferences, and alternative implementations of the model. Adam Haber […]




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Information or Misinformation During a Pandemic: Comparing the effects of following Nassim Taleb, Richard Epstein, or Cass Sunstein on twitter.

So, there’s this new study doing the rounds. Some economists decided to study the twitter followers of prominent coronavirus skeptics and fearmongers, and it seems that followers of Nassim Taleb were more likely to shelter in place, and less like to die of coronavirus, than followers of Richard Epstein or Cass Sunstein. And the differences […]




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Resolving the cathedral/bazaar problem in coronavirus research (and science more generally): Could we follow the model of genetics research (as suggested by some psychology researchers)?

The other day I wrote about the challenge in addressing the pandemic—a worldwide science/engineering problem—using our existing science and engineering infrastructure, which is some mix of government labs and regulatory agencies, private mega-companies, smaller companies, university researchers, and media entities and rich people who can direct attention and resources. The current system might be the […]




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[Surnetkids] Flowers

Dear Reader, This is the first spring for my husband’s newly planted cactus garden. And apparently the cacti and succulents loved all the rain, because they are BLOOMING! Here’s a picture I recently posted on Facebook. The picture is public, […]

The post [Surnetkids] Flowers appeared first on Newsletters » Surfnetkids.




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9+ Best WordPress Blogs to Follow in 2020

WordPress has a huge community that is rapidly growing. Whether you run a blog or business, you can always stay up to date and get help from people. Let’s say you are creating your first website and have the least knowledge of WordPress or its environment. You may want to customize your theme or plugin...




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Follow-up on Probable Suicide

   https://www.nps.gov/grca/learn/news/2009-03-19-followup.htm




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Grand Canyon hiker discovered deceased below North Rim near Toroweap Valley

https://www.nps.gov/grca/learn/news/grand-canyon-hiker-discovered-deceased-below-north-rim-near-toroweap-valley.htm