Sunder’s List: Bailout

Roundup: US markets closed. London +0.08%, Germany +0.39%, France +0.22%. At pixel: Nikkei -0.13%, Hang Seng +0.13%

More and more experts are now not ruling out the rupee going back to 55 levels against the US dollar. (ET)

Bailout nation: Jharkhand, Andhra Pradesh and Bihar power distribution companies are getting a “special package”. And the government is close to finalizing a bailout package for road developers. (LiveMint, LiveMint)

SEBI wants you to trade bonds and thinks setting up a unified bond trading platform is the key. (ET, #SEBI)

Morgan Stanley survey: Most of the 105 pension funds, central banks, endowments, insurers and asset managers – with total assets under management of more than $1.6tn – intend to increase their exposure to emerging markets. (FT)

But the money may not flow into the “old” BRICs… they may be chasing MINTs (Mexico, Indonesia, Nigeria and Turkey) (HBR, BI)

I thought rote-learning was an Indian thing. But it turns out its a world-wide epidemic. Schools in many of the Old World countries, and certainly in the European South, still prioritize memorizing over critical thought. These school systems were built at a time when information was scarce and valuable, and obtaining vast amounts of it through memorization, was a useful skill. And Universities had evolved to serve the needs of a different polity and economy: skilled professionals destined to work in highly structured societies. (HBR)

Good luck and have a nice weekend!

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