No white elephants please! Where not to invest RBI surplus of Rs 1.76 lakh crore

Bimal Jalan panel’s decision to recommend transfer of Rs 1.76 lakh crore of RBI’s reserves and excess provisions to the government of India has rightly raised a host of questions about where the money would be deployed. Just as brazenly the Centre managed to transfer the reserves, the expectation was that their deployment would be equally transparent. If there were hopes from finance minister Nirmala Sitharaman’s press conference in Pune to throw light on the question, those were dashed. But more than where they are deployed, it’s important to understand…

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There’s no place like home, and retirees say they’ll renovate in order to stay

CNBC Survey: Millionaires bullish on economy and stock market   2:30 PM ET Thu, 20 Dec 2018 | 01:38 The 2020 race for the White House is just barely under way, but the latest CNBC Millionaire Survey shows some troubling signs for the incumbent President Donald Trump, including an energized base of wealthy Democrats and unsteady support from wealthy Republicans. Just 34 percent of America’s millionaires say they would vote to re-elect President Trump if the election were held today. Among Republicans, Trump has lost more than one-third of wealthy voters,…

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Vitamin pills are bad for heart and have no health benefits, says study

The most commonly consumed vitamin and mineral supplements provide no consistent health benefit or harm, a study has found. Researchers from the St Michael’s Hospital and the University of Toronto in Canada conducted a systematic review of existing data and single randomised control trials published in English from January 2012 to October 2017. They found that multivitamins, vitamin D, calcium and vitamin C – the most common supplements – showed no advantage or added risk in the prevention of cardiovascular disease, heart attack, stroke or premature death. Generally, vitamin and…

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7 Side Effects Of Weight Loss That No One Talks About

The benefits of being at a healthy weight are indisputable; dropping just five to 10 percent of your body weight may help improve your overall health and reduce the risk of health conditions like heart diseases, obesity and diabetes. However, shedding extra pounds may also mean some unexpected challenges that show up when you lose a significant amount of weight in a short span of time, especially if you are following a fad diet. Fad diets are diets that promise to help you lose weight in less than a week’s time. While…

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20 Successful Entrepreneurs with No Experience

You don’t have to start out as an expert in order to run a successful business.  Of course, many entrepreneurs have started their businesses without money or financial backing.  And similarly over the years, plenty of entrepreneurs have found success in fields where they had no previous experience. So whether you’re young and considering starting your very first business, or just getting started in a different field, these successful entrepreneurs with no experience should provide a dose of inspiration for your new venture. Editor’s note: watch a video featuring the top 10 list…

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Airborne: No need for coughing or sneezing, flu may spread just by breathing

We may pass the flu to others just by breathing, according to a study which contradicts the popular belief that people can catch the influenza virus by exposure to droplets from an infected person’s coughs or sneezes. The study provides new evidence for the potential importance of airborne transmission because of the large quantities of infectious virus researchers found in the exhaled breath from people suffering from flu. “We found that flu cases contaminated the air around them with infectious virus just by breathing, without coughing or sneezing,” said Donald…

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