All posts by Dharshini N

Unlocking my areas of interest through this wordpress. Hope you enjoy my writing!!


An SIP or a Systematic Investment Plan allows an investor to invest a fixed amount regularly in a mutual fund scheme, typically an equity mutual fund scheme.

Why should you SIP?
One, it imparts financial discipline to your life. Two, it helps you to invest regularly without wrestling with market mood, index level, etc. For example, if you are supposed to put a fixed amount every month in a mutual fund scheme, you need to find time to do it. When you have the time, you might be worried about market conditions and think of postponing your investments. Or you might be thinking of investing more if the mood is optimistic. SIP puts an end to all these predicaments. The money is automatically invested regularly in a scheme without any effort on your part.You can start investing in a mutual fund scheme via SIP with a minimum of Rs 500.

Though the most popular SIP is investing a fixed amount every month, investors can customise the way they put money via SIPs. Many fund houses allow investors to invest monthly, bi-monthly and fortnightly, according to their convenience.

Apart from this, Step-up SIPs allow investors to increase the SIP amount periodically. ‘Alert SIP’ is another form of the regular systematic investment plan which sends an alert to the investor to buy more when the markets are down.

In case of the ‘perpetual SIPs,’ investors don’t have to choose the end date of the SIP. Once the goal is met, the investors can stop the SIP by sending a written communication to the fund house.



Fischer Black prize is awarded to a person to a financial scientist for a body of work that demonstrates significant original research that is relevant to finance practice.

Fischer Black Prize is a memorial prize awarded in honor of Fischer Black that rewards individual financial research. The prize was established in 2002 and first awarded in 2003. Eligible scholars must either be below 40 years in age, or under age 45 but not have been awarded a Ph.D. (or equivalent) by age 35. The prize is awarded biennially at the American Finance Association’s Annual Meeting.This award to honor a leading young finance scholar is analogous to the John Bates Clark Medal in economics and the Fields Medal in mathematics.

The award honors Fischer Black, a former General Partner at Goldman Sachs and Professor at the Massachusetts Institute of Technology. Among Black’s notable research accomplishments was the development (with Myron Scholes) of the Black–Scholes option pricing model. The awardee is chosen for having a body of research that embodies the Fischer Black hallmark of developing original research In years where no such candidate meets the rigorous standards, as was the case in 2005, no award is presented.

The Fischer Black Prize is one of two biennial awards presented by the American Finance Association (the other is the Morgan Stanley-American Finance Association Award For Excellence In Finance) in alternating years at its annual conference to scholars for bodies of research. The Association also awards two annual awards for individual research publications at its conference (Smith Breeden Prize and Brattle Prize).

The American Finance Association’s 2019 Fischer Black Prize is awarded to Professor Ralph Koijen of the University of Chicago. The prize is awarded to the person under 40 whose work best exemplifies the Fischer Black hallmark of developing original research that is relevant to finance practice.

Raghuram Rajan, the Joseph L. Gidwitz Professor of Finance in the Graduate School of Business, has been awarded the inaugural Fischer Black Prize from the American Finance Association.

Rajan’s Ph.D. thesis pointed out the downside to cozy bank-firm relationships long before these became apparent in detailed studies of systems like Japan’s. His recent theoretical work with Douglas Diamond, the Merton H. Miller Distinguished Service Professor of Finance in the GSB, knits together the microtheory of banking with macroeconomic theory. Their research promotes greater understanding of the role banks play in the provision of liquidity, why this function makes banks so prone to systemic crises, and why changes in monetary policy have such a significant effect on bank lending.


Once a grandma asked to her grandchildren while taking shopping to the mall what do you want? She replied chocolates. Grandma said you have many other choice but still why chocolates? The girl replied in excitement to grandma, chocolates are so sweet as I wish to be the same in future and the girl giggles . In teenage parents asked what do what for scoring high Mark’s? She replied Chocolates , why? Because it feels me happy:) Later in adults her friends asked what do want for your birthday she replied a chocolate truffle cake. why? Because it makes me an emotional connect. In her 60th wedding anniversary her partner asked what would be the most beautiful gift you ever wished for ? She replied with a gentle smile , Chocolates:) why? She replied chocolates brings the childhood days and memories to her. Yet you think she is more addicted to chocolate? Yes she thinks chocolate a soulful friend which connect her in happiness, sorrows, sharing the joy, celebration etc chocolate was first soul for her.

While she celebrates chocolate everyday but The World celebrates chocolate day on July 07.

The history of chocolate goes back around 2,500 years. The Aztecs loved their newly discovered liquid chocolate to the extent that they believed the god of wisdom, Quetzalcoatl, literally bestowed it upon them. Cocoa seeds even acted as a form of currency. Could you imagine going shopping or buying a house will a huge pile of Cocoa seeds? It would be wonderful, no? These days, the chocolate was bitter, as it was long before sugar was added. Once chocolate took a turn and went sweet in a 16th Century Europe, chocolate caught on to the masses and became one of many households favorite treats.

Many present-day chocolate companies began operations in the 19th and early 20th centuries. Cadbury began in England by 1868. And then 25 years later Milton S. Hershey, purchased chocolate processing equipment at the World’s Columbian Exposition in Chicago, he is now one of the biggest and world-known chocolate creators in the world. He began the company by producing chocolate-coated caramels. Nestlé began back in the 1860s and has grown into one of the largest food conglomerates in the world. You’re bound to of heard of one of these if not all of them. Perhaps you even enjoy a bar or two or their fine chocolate creations at home.
Chocolates are not only one of the most delicious and versatile foods available to us but also pack loads of health benefits.

Interesting facts!

Chocolate was not just a tasty, bitter drink in the Aztec culture, it was also used as currency!

A whopping 30% of the world’s cocoa is grown in Africa, but cocoa bean actually originated in the Amazon.

Scientists have found that colours have an impact on our perception of taste. Thus, drinking hot chocolate in an orange cup will make it taste better!

There are other days dedicated to celebrating chocolates like White Chocolate Day (22 September), Milk Chocolate Day (28 July), Chocolate Covered Anything Day (16 December), Bittersweet Chocolate Day (10 January) etc.!

“Your hand and your mouth agreed many years ago that, as far as chocolate is concerned, there is no need to involve your brain.”- unknown yup that would be the best part for the cocoa lovers. Happy chocolate day:)


Dalai Lama is a title given by the Tibetan people for the foremost spiritual leader of the Gelug or “Yellow Hat” school of Tibetan Buddhism, the newest of the classical schools of Tibetan Buddhism. The name “Dalai Lama” is a combination of the Mongolic word dalai meaning “ocean” or “big” (coming from Mongolian title Dalaiyin qan or Dalaiin khan,translated as Gyatso or rgya-mtsho in Tibetan) and the Tibetan word བླ་མ་ (bla-ma) meaning “master, guru”.The Dalai Lama is also known in Tibetan as the Rgyal-ba Rin-po-che (“Precious Conqueror”)or simply as the Rgyal-ba.

The rôle of the Dalai Lama
Potala PalacePotala Palace, the Dalai Lama’s residence until 1959
The Dalai Lama is the head monk of Tibetan Buddhism and traditionally has been responsible for the governing of Tibet, until the Chinese government took control in 1959. Before 1959, his official residence was Potala Palace in Lhasa, the capital of Tibet.The Dalai Lama belongs to the Gelugpa tradition of Tibetan Buddhism, which is the largest and most influential tradition in Tibet.The institution of the Dalai Lama is a relatively recent one. There have been only 14 Dalai Lamas in the history of Buddhism, and the first and second Dalai Lamas were given the title posthumously.According to Buddhist belief, the current Dalai Lama is a reincarnation of a past lama who decided to be reborn again to continue his important work, instead of moving on from the wheel of life. A person who decides to be continually reborn is known as tulku.Buddhists believe that the first tulku in this reincarnation was Gedun Drub, who lived from 1391-1474 and the second was Gendun Gyatso.However, the name Dalai Lama, meaning Ocean of Wisdom, was not conferred until the third reincarnation in the form of Sonam Gyatso in 1578.The current Dalai Lama is Tenzin Gyatso.

“I thought I’d have to try and convince him,” she told Reuters in an interview from her home in Auckland.

“That moment of recording him, my goodness I was shaking like a leaf before I went in there,” she said.

Kunin did the initial recordings at the Dalai Lama’s residence in Dharamsala in India.

Once back home, she worked with her husband Abraham and other musicians to produce music for the tracks.

“It’s an incredible honour. But it was unbelievably, daunting like the trust and responsibility. It’s immense,” Abraham Kunin said.

On a promotional video for the album, when asked why he had agreed to take part, the Dalai Lama answers: “The very purpose of my life is to serve as much as I can.”

The release comes five years after Patti Smith led the crowd at Britain’s Glastonbury Festival singing Happy Birthday to him for his 80th.

(Reporting by Sarah Mills; Writing by Andrew Heavens; Editing by Raissa Kasolowsky)

World Zoonoses Day – July 6

A zoonosis is any disease or infection that is naturally transmissible from vertebrate animals to humans. Animals thus play an essential role in maintaining zoonotic infections in nature. Zoonoses may be bacterial, viral, or parasitic, or may involve unconventional agents. As well as being a public health problem, many of the major zoonotic diseases prevent the efficient production of food of animal origin and create obstacles to international trade in animal products.

Monday 6th July 2020 marks World Zoonoses Day 2020. This year, the 150 partners in the One Health Poultry Hub will observe a two-minute silence of private reflection on those who are known, and those who remain unknown, who are suffering from endemic and emergent zoonotic diseases. These diseases, such as Covid-19 and Ebola, affect millions of communities around the world every year. The two-minute silence will take place at noon local time.This year’s World Zoonoses Day comes amidst the defining global health crisis of our time. In the context of the global pandemic, the world’s attention has been focused around one infectious zoonotic diseases. While major recent zoonotic modern disease outbreak, such as Covid-19 or Ebola, and cause major world disruption, much of the work the One World Poultry Hub and other One Health research projects explore concerns diseases that go under the news radar but are still devastating, those such as salmonella and other foodborne diseases. The reasons these diseases remain little talked about are complex – not least that how they are transmitted and approaches to managing them are often hard to fit into traditional media narratives- Institute of Development studies

Zoonoses are disease which can be transmitted from aniamls to humans. In fact, 2 out of every 3 infectious disease in people originated within animals.

This is why protecting animal health is so vital. Preventing and managing disease in animals ultimately safeguards the health of people!


I saw you in the school corridor,

My heart crushed for you,

Longing to speak to you,

My dream become my ambition, because of you,

Addicted to you, admiring the way you’re,

Wanna live with you, till my last breath

Souls got attached but still society breach,

I’m still alive that you would became “mine

– Dharshini N

You, The person reading this let us spare some time to recall all the hidden 96 Ram and Jannu in your school days , cheers to those beautiful memories in your life. Learing how fast your heart beats for the first time when you see that person. To those days making friends with that person. Friendly helps to the person and more. To all those small little things gave you heartfelt happiness and believe me that is true kind of real happiness in your life . The best part in quarantine is remembering those persons in your life . Share your thoughts to your partner. Yet that would be the beautiful wonders ,you’re blessed if you have those school corridors memories .

You may be locked up by the doors for various reasons but still there is a ray of hope .Unlock your heart cherish the beauty of your life in childhood days. Replenish yourselves within you. You make a change . Get ready folks to run after a long journey after this pandemic. You need to so strong , harder to survive. Yet this could me the best part when you recall those quarantine times. Happy weekend:)


The essential notion of the capitalistic society is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force – Milton Friedman . An economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state is defined as capitalistic society. Capitalism, undoubtedly, is a major driver of innovation, wealth, and prosperity in the modern era. Competition and capital accumulation incentivize businesses to maximize efficiency, which allows investors to capitalize on that growth and consumers to enjoy lower prices on a wider range of goods.

The benefits of capitalism are enjoyed by, Individual capitalists are typically wealthy people who have a large amount of capital (money or other financial assets) invested in business, and who benefit from the system of capitalism by making increased profits and thereby adding to their wealth.Prominent among critiques of capitalism are accusations that capitalism is inherently exploitative, unsustainable and creates economic inequality, is anti-democratic and leads to an erosion of human rights while it incentivizes imperialist expansion and war.

Saving Capitalism from the Capitalists: Unleashing the Power of Financial Markets to Create Wealth and Spread Opportunity is a non-fiction book by Raghuram Rajan and Luigi Zingales of the University of Chicago Booth School of Business.”Saving Capitalism from the Capitalists” is a groundbreaking book that will radically change our understanding of the capitalist system, particularly the role of financial markets. They are the catalyst for inspiring human ingenuity and spreading prosperity. The perception of many, especially in the wake of never-ending corporate scandals, is that financial markets are parasitic institutions that feed off the blood, sweat, and tears of the rest of us. The reality is far different. This book breaks free of traditional ideological arguments of the Right and Left and points to a new way of understanding and spreading the extraordinary wealth-generating capabilities of capitalism.

The free market is the form of economic organization most beneficial to human society and for improving the human condition.
Free markets can flourish over the long run only when government plays a visible role in determining the rules that govern the market and supporting it with the proper infrastructure. Government, however, is subject to influence by organized private interests
Incumbent private interests, therefore, may be able to leverage the power of governmental regulation to protect their own economic position at the expense of the public interest by repressing the same free market through which they originally achieved success. Thus, society must act to “save capitalism from the capitalists”—i.e. take appropriate steps to protect the free market from powerful private interests who would seek to impede the efficient function of free markets, entrench themselves, and thereby reduce the overall level of economic opportunity in society.


Life Insurance is a modern form came to India from England in the year 1818. Many life insurance companies were started by Europeans during that period to look after the needs of European Communities in India . However , these companies refused to Insure Indian lives. Later, due to the efforts of few eminent Indian people, these foreign life insurance counties started Insuring Indian lives. But they treated Indian lives as sub standard and charged heavy premises. Bombay Mutual Life Assurance Society heralded the birth of first Indian life insurance company in the year 1870, and covered Indian lives at normal rates.

The Swadeshi Movement of 1905- 1907 led to the birth of other Indian life insurance companies. By the late 1940’s there were too many Insurance companies and the level of competition was very high. There was also an allegation of unfair trade practices against the life insurance companies . Hence, the government of india decided to nationalize the sector .

An ordinance was issued in the year 1956 to nationalize the life insurance sector and life insurance Corporation of India (LIC) came into existence on 1st September ,1956.

LIC absorbed 154 Indian ,16 Non -Indian insurers as also 75 provident societies. Since then LIC was the only player in life insurance business till the late 1990s when the Insurance sector was reopened for the private sector .

Life Insurance Corporation was created for the objective of providing all Indians adequate financial cover at a reasonable cost. The company managed to achieve its objective and is still the dominant market leader in the life insurance business.


Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment. The Indian healthcare sector is growing at a brisk pace due to its strengthening coverage, services and increasing expenditure by public as well private players. As the leading growing population healthcare system is indeed in those developing countries. Access to comprehensive, quality health care services is important for promoting and maintaining health, preventing and managing disease, reducing unnecessary disability and premature death, and achieving health equity in India.

Countries with universal government-funded health system

In this system (also known as single-payer healthcare) government-funded healthcare is available to all citizens regardless of their income or employment status. Some countries may provide healthcare to non-citizen residents, while some may require them to buy private insurance.

Countries with universal healthcare include Austria, Belarus, Bulgaria, Croatia, Czech Republic, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Luxembourg, Malta, Moldova, the Netherlands, Norway, Poland, Portugal, Romania, Russia, Serbia, Spain, Sweden, Switzerland, Turkey, Ukraine, and the United States.

Other variants of classification

Countries with universal public insurance system, In these countries workers have social insurance. Usually government withholds part of their wage, which is divided between employee and employer.

Countries with universal public-private insurance system, In this system some people receive healthcare via primary private insurance, while people who are ineligible for it, from government.

Countries with universal private health insurance system, In this system people receive healthcare via mandatory private insurance, usually subsidised by the government for low-income citizens

Indian Healthcare system:

In India, the hospitals are run by government, charitable trusts and by private organizations. The government hospitals in rural areas are called Primary Health Centres (PHCs). Major hospitals are located in district headquarters or major cities. Apart from the modern system of medicine, traditional and indigenous medicinal systems like Ayurvedic and Unani systems are in practice throughout the country. The modern system of medicine is regulated by the Medical Council of India, whereas the alternative systems recognised by Government of India are regulated by the Department of AYUSH (an acronym for Ayurveda, Yoga, Unani, Siddha & Homeopathy) under the Ministry of Health, Government of India. PHCs are non-existent in most places, due to poor pay and scarcity of resources. Patients generally prefer private health clinics. These days some of the major corporate hospitals are attracting patients from neighboring countries such as Pakistan, countries in the Middle East and some European countries by providing quality treatment at low cost. In 2005, India spent 5% of GDP on health care, or US$36 per capita. Of that, approximately 19% was government expenditure.


We would all agree quarantine has taught as many things in our life! How to live with the limited resources, the way it brought back to the health and hygiene of our old years , the understanding, attachment and love bonding of our family members in fast world , learning new courses, training, certificates, cooking ,regaining hobbies, Netflix, prime and so on …Well sometimes we also miss those daily suprising days , Yes we can’t schedule those days suddenly our mind calls for cheeseburger to grab it, those thalapakati briyani with our friends party , packing up things for a long trip in weekends and back on Monday morning with sleepless classes and office.In quarantine Morning to Evening we would switch different news channels but we hear the same news Corona, lockdown, Stay home where I hope you also heard this news vaccine is developed by US,UK, China ,India that’s all and then we don’t hear that news. What will be reason behind this news? Let us read in detail the procedure and the formalities of developing a vaccine.

What is Vaccine?

A substance used to stimulate the production of antibodies and provide immunity against one or several diseases, prepared from the causative agent of a disease, its products, or a synthetic substitute, treated to act as an antigen without inducing the disease. Simply Vaccination is a process of developing a immune system against a disease.

How vaccine works?

A vaccine works by training the immune system to recognize and combat pathogens, either viruses or bacteria. To do this, certain molecules from the pathogen must be introduced into the body to trigger an immune response.

These molecules are called antigens and they are present on all viruses and bacteria. By injecting these antigens into the body, the immune system can safely learn to recognize them as hostile invaders, produce antibodies, and remember them for the future. If the bacteria or virus reappears, the immune system will recognize the antigens immediately and attack aggressively well before the pathogen can spread and cause sickness. Source- Publichealth .org

Stages of Vaccine Development

The Resource and Development has major works in development of a new vaccine. They should firstly have look for the importance Vaccination in Publichealth. The vaccine must then be purchased, distributed, and used. Finally, a surveillance system is established to monitor immunization coverage, efficacy, and any adverse health effects related to vaccine administration.

There are 6 stages for the vaccine development

STAGE 1: PRIORITY SETTING : The decision making process of producing a vaccine to generated. To also know about the critique nature of the disease. Hence the vast resources will be collected to set up the common goal fo developing a vaccine in public and private sectors.

STAGE 2: BASIC AND APPLIED RESEARCH: The possibilities of developing a vaccine through the old traditional and fundamental way of medical practice in Development. The basic research is funded by the government and the authoritative scientists. Applied research indicates the involvement of the private hence that is funded by private concerns.

STAGE 3: CLINICAL EVALUATION:Good Vaccine must meet up the basic criteria of safety, purity, potency,efficacy. Here it involves the different phases 1, 2 and 3 . Animal checking and then to humans and brief description in the stage process of clinical evaluation.

STAGE 4: LICENSURE: Once the process is completed and the successfull news comes over the government would approve for licensing and to those government formalities rules and regulations are be formulated in this stage.

STAGE 5: PRODUCTION: Next stage of Vaccination is production it involves two major steps based on the requirements first one Pilot production where it rushes to produces for the pandemic . Second one scale up and full scale production where this method involves the full process of vaccine.

STAGE 6: RECOMMENDATION FOR USE: As the final stage of vaccine treatment the government will be recommend for the usage of this vaccine and dosage guidelines will be printed over it .

To be concluded that India has crossed the stage 3 of Development of vaccine in which the phase 1 of testing animals have gave the positive results and the Indian Medical research council have approved for human testing . Put you fingers crossed and hope this pandemic situation gets over and back to normal life.