Indian market witnessed pared gains and slipped in red after the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided to maintain a status-quo stance on rates as against a 25 bps rate cut which was widely expected.It kept key policy rates unchanged at 5.15 percent, and the reverse repo rate unchanged at 4.9 percent.Close The RBI also flagged weakness in the global economic activity, elevated trade tensions, and geopolitical uncertainty. The governor also highlighted concerns on the slow transmission of rate cuts to the end consumer. related news Nifty may head towards 12,350, 12,500; top 5 buying ideas which can return 12-17% D-Street Buzz: Nifty Metal underperforms dragged by JSPL; Zee Ent jumps 6%, VIX spikes The transmission has gained some momentum in recent weeks, with the weighted average lending rate on fresh rupee loans sanctioned by banks declining 44 basis points. Remember, RBI has slashed interest rates by 135bps since Feb 2019.The RBI raised … [Read more...] about Taking Stock: RBI’s ‘temporary pause’ hits D-St; Nifty holds 12k
Titanic jack draws rose
Human innovation has long been inspired by other organisms, from the wild thistle plant that spurred the invention of Velcro to the kingfisher bird that helped engineers design bullet trains. It’s called biomimicry: looking to nature’s systems, designs, and processes for inspiration to solve human problems. So wouldn’t it make sense, then, that as climate change threatens to make our world inhospitable, with rising sea levels and intense heat, we could learn something from the way the earliest life forms survived when Earth had similarly harsh conditions? advertisement advertisement That’s the hope of artist and experimental philosopher Jonathon Keats. In a new exhibit called The Primordial Cities Initiative, which will open at STATE Studio in Berlin on December 12, Keats shares his “stromatolite cities” concept. Stromatolites, the fossil remains of early microbial communities, are made of layers of limestone, the remains of those … [Read more...] about To build cities that survive climate change, we should emulate Earth’s first creatures
“This is a meditation, just with your body,” begins fitness instructor Taryn Toomey in her deep, gravelly voice, reminiscent of Kathleen Turner. “Feel what your mind is trying to tell you.” advertisement advertisement I am in The Class, billed as a “cathartic mind-body experience” by founder Toomey, who is leading the session in her Tribeca studio. The airy space is outfitted with marble counters, soothing neutral palettes, modern gold-plated fixtures, and wood floors embedded with a layer of rose quartz crystals. Tunes by Florence and the Machine and The XX set the pace of The Class’s routines. As instructed, I am squatting and breathing deeply as a chorus of Lululemon-clad attendees repeatedly shout, “Huh!” in unison. These affluent working women are using sound to (Toomey claims) harness and release energy, treating the class’s mix of cardio exercises, body conditioning, yoga, and meditation as a sort of therapy … [Read more...] about Is This Workout For Your Feelings What American Women Need Right Now?