The intimidating uncertainties in our financial sector are unfolding through the top brass of country second largest bank head confessing the need for bail out package. The Business Standard covered an article titled as With Rs 630k-cr debt, MFs and NBFCs need bailout: Kamath, Press Trust of India / New Delhi November 2, 2008, 19:15 IST……."There is no need for a bailout package for the Indian banking system but the bailout package could be required for mutual funds and NBFCs………
The RBIs move to infuse more liquidity into the system reveals a fact that we are heading to a collision of financial crisis, efforts are in place to avert the gloomy conditions. The opportunities for Bears to make a killing at the bourses are opening widely with more favourable news than to the Bulls. At this point we are now enjoying the relief rally with positive cues from the global markets. The FM to meet with the bankers, PM meeting with the industry heads to create investment friendly atmosphere is more good news that can halt fall in the stock prices.
Incase we could rally up to 3280 then the chances are there to see more short covering but the chances are remote to view this favourable situation. The down side protection is more important than the concern for upward rally at this critical juncture. As expected yesterday, Nifty got resistance at 3035 level but in the last ½ hour it could cross the resistance to touch 3065 level and ONGC crossed the resistance at 710 to touch 716 levels. The Nifty shall not breach the 2680 level and the RIL shall not go below 1230 level.
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Unfaithful women better watch out, for according to a new research, men are better at detecting a cheating partner than females, and they're more likely to suspect infidelities that don't exist.
Scientists found that men were able to spot a cheating heart in more than nine out of ten cases.
They were also more likely to catch out their partner's lies than women.
The flip side is that to counter this constant vigilance, women may be better than men at concealing illicit liaisons.
Paul Andrews at Virginia Commonwealth University in Richmond and colleagues gave 203 young heterosexual couples confidential questionnaires asking them whether they had ever strayed, and whether they suspected or knew their partner had strayed.
In this, 29 percent of men said they had cheated, compared with 18.5 percent of women.
The men were better than women at judging fidelity.
"Eighty percent of women's inferences about fidelity or infidelity were correct, but men were even better, accurate 94 percent of the time," says Andrews.
They were also more likely to catch out a cheating partner, detecting 75 percent of the reported infidelities compared with 41 percent discovered by women. However, men were also more likely to suspect infidelity when there was none.
Andrews says this makes evolutionary sense because unlike women, men can never be certain a baby is theirs.
He said: "Men have far more at stake. When a female partner is unfaithful, a man may himself lose the opportunity to reproduce, and find himself investing his resources in raising the offspring of another man."
"This adds to the evidence that men have evolved defences to detect their partner's infidelity," says David Buss at the University of Texas, Austin.
He adds that it demonstrates a "fascinating cognitive bias that leads men to err on the side of caution by overestimating a partner's infidelity".
Andrews suggests that women have countered this by becoming better at covering up affairs. Complex statistical analysis of the data hinted that a further 10 percent of the women in the study had cheated on top of the 18.5 percent who admitted to it in the questionnaires, whereas the men had been honest about their philandering
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