It’s almost midnight, and Amanda Palmer is naked. advertisement advertisement We’re down to the final minutes of the singer-songwriter-provocateur’s month-long Kickstarter campaign, a crowdfunding effort that shocked the entertainment world by becoming the site’s most successful music-based project to date. The pledges–which had an official target of $100,000, and which had privately been budgeted to hit $500,000–have already topped a million dollars. To celebrate the countdown, Palmer, who the Huffington Post called “the social media queen of rock & roll,” is throwing a six-hour, block-party-style celebration in a parking lot behind some warehouses along Brooklyn’s Gowanus Canal. To a surprisingly “classic pop” soundtrack (the Jackson 5, the Who, Ray Charles), she and her crew dressed up in old-time bathing suits and frolicked in an aquarium-style clear box on the back of a truck, scribbling the names of … [Read more...] about Deep Inside Amanda Palmer’s Crowd-Powered, Naked Creativity Machine
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Amol AgrawalThe Reserve Bank of India (RBI) on November 1, 2019, announced reorganisation of the supervision and regulation department into a “unified Department of Regulation”.In an earlier article (October 21, 2019), I had argued why and how the RBI needs to reorganise its finance function under one deputy governor and allocate all related responsibilities (regulation, supervision and stability) to this one position. It is not very often that you see the central bank pays attention to your article and acts on the same. I am obviously kidding and it is just nice to note that my thinking was on similar lines as that of the RBI.Close Until now, the central bank had six departments for supervision and regulation of three entities: banks, non-banks and cooperatives. The two broad roles of regulation and supervision were also divided across two deputy governors. related news RBI to come under direct scrutiny of Centre, new Parliament proposal suggests: Report RBI to … [Read more...] about Regulation and supervision: RBI hits the nail on the head
Amol AgrawalThe Reserve Bank’s October 2019 policy review saw a senior journalist questioning to the Governor on the ongoing crisis in the NBFC sector and the recent failure of Punjab and Maharashtra Cooperative Bank (PMC).To this, the Governor said, “The points which you mentioned about the banking sector or cooperative banks or NBFCs, this is not within the purview of the MPC (Monetary Policy Committee). So, the MPC does not discuss these issues.”Close The RBI chief then went on to assure the house that the banking regulator has acted swiftly to resolve the ongoing troubles and one should not pay attention to rumours.Moneycontrol ContributorContributor|Moneycontrol News Rs 25K crore realty stress fund: Speedy, effective implementation would be keySC telecom verdict sends signal to companies that they cannot avoid paying government duesMountain of NPAs? Blame it on inter-corporate loansOne was startled to note that the MPC did not discuss the most troublesome issues … [Read more...] about Financial stability | RBI must reorient its goals and communication
Algae is one of the hottest new biofuel materials, with over a dozen companies attempting to make the slimy stuff a viable feedstock. Most of them rely on the natural simplicity of the organism–sun and water turn CO2 from algae into fuel–and a few, including OriginOil, use LEDs to grow algae in the dark. Now a group of researchers from the Missouri University of Science and Technology wants to take OriginOil’s technique a step further and grow algae in abandoned mines. Old mines are actually an ideal location for algae. When algae are grown in outdoor ponds, scientists often fear that Still, there are some downsides. LEDs are expensive and require lots of electricity to run, so there is a danger that more energy could be used in the lighting process than is ultimately generated by the algae. That isn’t stopping the Missouri researchers. The team is experimenting with algae in artificial mines, and a real mining operation is scheduled to go online sometime in the … [Read more...] about Abandoned Mines: The New Algae-Harvesting Powerhouses?
As the audience and user-base of social media networks continues to expand in both number and age, industry sectors that previously had no presence online and now learning how to leverage these tools to extend their impact. advertisement advertisement In particular, the non-profit sector is one of these sectors to watch. It seems as if social media was made for it. Established social cause groups like PETA and Greenpeace, along with newcomers such as Kiva and Charity Water, are moving efforts to the digital space, but still maintaining their presence on the ground. With these methods working hand-in-hand, social cause and non-profit groups are able to reach more people than ever before. We’ve analyzed, identified, and ranked the top 50 new and established leaders in social cause based on digital efforts through social media, online engagement, and stretch. From this study, we can see just how much of an impact social networking and media can have, and the good they can … [Read more...] about Examining the Digital Influence in Social Cause Report