Hindsight bias says to abandon your plan. Here’s why you shouldn’t.

Mary P. Humphrey

Almost 60 years later on, many believe Decca should’ve identified The Beatles’ talent right away and predicted their future accomplishment. This is what’s termed “hindsight bias”—also identified as the “I-understood-it-all-along phenomenon”two—a inclination to believe we understood something was likely to take place or that we in fact predicted it.

Hindsight bias exists prominently in investing.three No subject the marketplace conditions, there are normally messages from the media or the investing community that a marketplace occasion, these types of as an extraordinary fall or improve, was foreseen, most likely even obvious. If you start off to believe you’ve

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Launch food-for-work scheme to use surplus foodgrains: Kisan Sabha tells Centre

Mary P. Humphrey

The federal government, saddled with enormous surplus stocks of grains, need to launch a food stuff-for-get the job done programme to take grains to the needy fairly than permitting them to rot in godowns, the All India Kisan Sabha (AIKS) mentioned in a assertion on Wednesday.

On June one, the Meals Corporation of India (FCI) had ten.four crore tonnes of foodgrains. By no means ahead of has the federal government saved such a big quantity of foodgrains. This is eighty three.3 lakh tonnes in extra of what the federal government demands for operational and unexpected emergency requirements, AIKS, the CPI(M)-backed

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Dairy players irked by Centre’s decision to import skimmed milk powder under TRQ

Mary P. Humphrey

The Centre’s selection making it possible for milk powder imports less than Tariff Level Quota (TRQ) has incensed dairy farmers, who are now struggling with reduced realisations amid extra offer and desire destruction because of to Covid-19.

In a notification on Tuesday, June 23, the Union Ministry of Finance exempted imports of milk and product in powder, granules or in other good sorts into India less than the TRQ quantity. The notification allows ten,000 tonnes of imports for the fiscal with fifteen for every cent tariff on imported quantity.

Previously, in a notification dated June thirty, 2017, the Tariff Level

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New norms for order-to-trade ratio in algo trades

Mary P. Humphrey

SEBI on Wednesday place in put a new framework for buy-to-trade ratio (OTR) of algo orders placed by stock brokers.

In a round, SEBI stated it has resolved to modify current OTR framework after acquiring requests from the stock exchanges.

Underneath the framework, stock exchanges could be permitted to introduce supplemental slabs up to an OTR of 2,000 (from current OTR of five hundred), and for OTR additional than 2,000, such slabs can be launched with deterrent incremental penalty, which stock exchanges could decide jointly.

On the third occasion of OTR currently being 2,000 or additional, in the last thirty

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Ag-tech start-ups eye venture debt as quick fix to meet funding needs

Mary P. Humphrey

As elevating money results in being tough in the prevailing economic scenario activated by Covid pandemic, additional agri-tech begin-ups are seeking at undertaking credit card debt financing to fund their functioning money necessity and growth designs.

In excess of the previous several months many begin-ups this sort of as Stellapps, Milk Mantra, Waycool Meals and Clover between other folks have elevated resources as a result of undertaking credit card debt financing to fulfill their funding demands.

“Venture credit card debt spherical is rather less complicated to increase as it is a collateral-cost-free personal loan. As opposed to standard functioning money

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