The Financial threats that machines can see


The original article appears on BloombergView and is available here. The author is Mark Buchanan.

Who's watching whom?

Humans have a terrible track record of predicting financial crises in time to fend them off. Some computer scientists think that algorithms might help.

Given the right information, some crises can be foreseen. In “The Big Short,” Michael Lewis told the story of the scattered few who saw the imbalance growing in the mortgage market and profited as a result. Over decades, academic research has shown that many banking crises come with early warning signals, such as rapidly increasing debt and leverage. Yet economists and policy makers routinely miss such danger signs, in part because the financial world is so complex.

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Budget 2016 is here! What does it hold?


The Honourable Finance Minister presented the Annual Budget 2016 today (February 29, 2016) in the parliament. While he touched upon a lot of points, here is a brief on what the budget holds for the different sectors in the stock market and some specific scrips that would be affected.

Food

  • 4 new schemes to enhance dairy-farming in India at Rs. 850 crores. A positive for Prabhat Dairy

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