Tuesday, September 15
When Tina Liu was hired to teach literature in a public elementary school in southern China, her contract included the usual warnings about absenteeism and job performance.Then came another line: Traveling abroad without the school's permission could get her fired.The rule was reinforced in a staff group chat. "According to regulations from higher-ups, teachers need to strengthen their disciplinary awareness," the message said. "We will currently not permit any overseas vacations."Across China, similar warnings are spreading as authorities tighten control over state employees' contacts with foreigners. Some kindergarten teachers, doctors and even government contractors and employees of state-owned enterprises have been ordered to hand in their passports. Some cities make retirees wait two
For most investors and traders, technical analysis can often feel overwhelming filled with complicated charts, patterns, and unfamiliar terms. However, one indicator has managed to cut through this complexity with its simplicity and popularity: the Relative Strength Index (RSI).RSI is widely used to identify when a stock or index may be ‘overbought’ or ‘oversold’, helping traders spot potential turning points in the market. Over the years, it has become a go-to tool for both beginners and experienced market participants alike.Understanding RSI: What makes it so popular?RSI is a momentum indicator that measures the speed and strength of recent price movements. Plotted on a scale of 0 to 100, RSI values help traders understand whether a stock or index is potentially overbought (RSI a
Mushroom MovementOn a rainy Sunday morning, amid the lush green trees in Bengaluru’s Lal Bagh, close to a dozen people were digging into the wet earth with bare hands.At the centre was Harikrishnan MT, a scientist by profession and a “mush-head” by passion, who was explaining to the enthusiastic crowd about “agaricus”, a genus of mushrooms, which includes button mushrooms.But the one he had just dug the bottom of a tree had dark brown spores and gills, and happened to be poisonous. This particular variety, called agaricus xanthodermus, stains yellow when you cut the stem open. “It is impossible to tell otherwise if it is poisonous,” he told the absorbed audience. 123067299That morning, the group found more than 25 varieties of mushrooms, including inky caps, pencil shaving
Vinay Thakkar, a member of the family of Dinesh Thakkar, founder of listed stockbroking and wealth management firm Angel One, has sold a luxury apartment in Mumbai’s western suburb of Andheri West for Rs 52.48 crore.The transaction for the 25th floor apartment with RERA carpet area of 3,891 sq ft, along with 409 sq ft of balcony space, is valued at effective carpet area rate of Rs 1.4 lakh per sq ft, ranking among the costliest deal for a residential property on per sq ft basis.The deal registered on June 20 provides the buyer exclusive four car parking slots in the residential tower, showed registration documents accessed through Zapkey.com.ET’s email query to Angel One remained unanswered until the time of going to press.The deal is part of the increasing number of luxury transaction
New Delhi: India is keeping its ties with Russia steady with high level visits planned to Moscow this month amid US President Donald Trump's demand asking to reduce oil imports from Russia and threatening penalties if New Delhi failed to do so.National Security Adviser Ajit Doval and External Affairs Minister S Jaishankar are planning Moscow trips this month, ET has learnt. While Doval could visit Moscow in early part of this month, Jaishankar is planning a trip to Russia mid-August, it has been further learnt.Expanding defence industry collaboration besides regional situation will be big on the agenda when Doval meets his Russian counterpart, according to persons familiar with the development.There are reports that India is looking to purchase additional S-400 defence systems which had co
