The first batch of the 'Gam-COVID-Vac' (Sputnik V) vaccine for the prevention of the new coronavirus infection has passed the necessary quality tests in the laboratories of Roszdravnadzor (medical device regulator) and has been released into civil circulation, the ministry was quoted as saying in an ANI report. … [Read more...] about COVID-19 vaccine to reach all Russian regions on September 14: Report
Wealth vs health
In late August, the Centre gave two options to the states, to either borrow Rs 97,000 crore from a special window facilitated by the RBI or Rs 2.35 lakh crore from the market and has also proposed extending the compensation cess levied on luxury, demerit and sin goods beyond 2022 to repay the borrowing. … [Read more...] about Borrowing money ‘only way’ to overcome GST shortfall: Andhra CM Jagan Mohan Reddy
“At present, governments wrongly treat royalties as revenue, not a capital receipt, and merrily spend it, cheating our children and future generations of their rightful inheritance. There are a number of other inheritances that are depleted by mining, including the environment, the social fabric of the local community, the employment and incomes associated and the right to use the ore for useful things. Each of these inheritances is also subject to the inter-generational equity principle, and mining must be planned in such a way to ensure we avoid, restore or offset any damage to these inheritances, and if that is not possible, capture the full value and save it for future generations. This is only ethical, moral, fair, just and right,” Basu remarked. … [Read more...] about Whose minerals are they anyway?
Cognitive biases often lead to committing mistakes, jeopardising your goals in the process. These biases are a result of your inherent beliefs and thoughts that provide you with a false sense of comfort. Confirmation bias, herd mentality bias, and recency bias are some of the common biases affecting investors, across age groups. … [Read more...] about Roadblocks to financial independence and ways to overcome them
Another good space to buy art is the India Art Fair, held every January. From what we hear, there will be an edition, albeit a smaller one, in 2021 and you can browse through works of artists represented by a whole range of art galleries from India and abroad (New York, Paris, Berlin and London galleries often are represented at the fair). The India Art Fair is not as snooty as a high-end gallery, and once word gets around that you have bought a significant piece of art, even the supercilious will begin approaching you themselves. … [Read more...] about Buying art for dummies: Why you should buy, what you should buy and how you should build up your art portfolio to offer you both joy and great returns