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Showing posts from December, 2018

Another businessman shot dead in Bihar

PATNA: A businessman was shot dead in Bihar's Vaishali and another seriously injured in Araria, police said on Wednesday, with the attacks coming close on the heels of a spree of murders last week that still remain unsolved. Dinanath Rai, a transporter from Patna, was shot dead and his body was thrown near the Circuit House  close to the Sadar police station, Vaishali superintendent of police  Manavjit Singh Dhillon  said. Rai was the brother-in-law of  Munna Rai , the chief of Garole block . In the other incident, an egg trader was seriously injured after being shot at in Forbesganj. He has been referred to a hospital in Purnea district  after his condition deteriorated, a district police official said. Bihar opposition leader Tejashwi Yadav  targeted chief minister Nitish Kumar saying law and order was "in ICU in the state". "One after another half a dozen businessmen have been killed in Bihar in the last few days ...

Yep, Bitcoin was indeed a bubble and it popped

IndNewsX world all news available here It seems like every asset bubble has a famous anecdote of someone claiming, right at the top, that a crash is impossible. In the stock-market bubble leading up to the Great Depression, it was economist Irving Fisher, who declared in the New York Times that stocks “have reached what looks like a permanently high plateau” a few days before a collapse that would see stocks lose 89 percent of their value. In 2007 and 2008, many optimistic pronouncements by current  National Economic Council Director Larry Kudlow turned out to be disastrously wrong. In the great  Bitcoin  bubble of late 2017, the honor goes to John McAfee, founder of computer security company McAfee LLC, and passionate  cryptocurrency  evangelist. On Dec 7, 2017, he wrote: “Bitcoin now at $16,600.00. Those of you in the old school who believe this is a bubble simply have not understood the new mathematics of the  Blockchain , or you...

Kamal Nath likely to be MP chief minister, Ashok Gehlot Rajasthan frontrunner

IndNewsX world all news available here HIGHLIGHTS Veteran Congress leader Kamal Nath looks set to take over as chief minister of Madhya Pradesh However, a decision appears to have been delayed owing to stiff resistance being put up by Pilot His supporters believe that he led the party in a difficult phase post-2013 and his claim cannot be disregarded NEW DELHI: Veteran Congress leader  Kamal Nath  looks set to take over as chief minister of Madhya Pradesh  after a day-long exercise in Bhopal by party observers capped the process of consultation. In  Rajasthan , Ashok Gehlot  is believed to have the edge over state unit chief  Sachin Pilot  for the post of CM. In MP, Congress defeated BJP in the final tally announced on Wednesday, finishing below the majority mark of 116 by two MLAs but stitching alliances with BSP (3) and SP (1) and enlisting the support of four independents. Sources said Nath, the MP Congress ...