Volume 1 - Issue 3 - June - 2018
Sr. No. Title/Author Description Page No. Paper
1 Macroeconomic Indicators and their Impact on Stock Market Performance: (Comparative Study between Pakistan and India) by Zeeshan Haider and Rabia tariq This study examines the performance of different macroeconomic indicators, their fluctuations between stock indexes in Pakistan Stock Exchange (PSX) and Bombay Stock Exchange(BSX) also comparative study between them. This data is collected on eight specified macroeconomic variables which are: interest rate(IR), inflations(IF), GDP growth, export(EXP), import(IMP), unemployment(UR), (BSX) and (PSX) index. In this research paper, a comparative study has been developed between India and pakistan with using estimation strategy. Regression analysis, and correlations must be used. data collected from WDI and describe through descriptive statistics. E-views, Stata software used for analysis. Secondary data must be drawn from pakistan and India and every economy factors as describing the Indian and pakistan economy. The empirical results indicate that there is a significant pricing relationship between PSX and BSX 100 indexes and the tested macroeconomic variables; have a significant in explaining the stock market fluctuations in various portfolios. The paper conclusively established that indexes fluctuations is depend upon the change of economic indicators both India and Pakistan. this is helpful for investors, financial management consultants, and policy makers for decision making. Due to limitation of time, data size is kept small. The only data used for analysis is from 1990-2016. Results help the employees and over the counter investor for understanding about macroeconomic indicators rates and stock market pricing fluctuations effected on economy as well as constructions about stock market performance. Additionally, this study add value to the literature by exploring interest regarding economy conditions. 01 - 11 Download Paper
2 The Haemolytic Effect of Aqueous Extract of Azadirachta Indica (Neem) by Obiekwe Uche Winifred Medicinal plants have been in use from the ancient times till date. Most drugs used in Othordox medicines have their origin from medicinal plants. Azadirachta Indica (Neem) fresh leaves were sourced from Nsukka (Enugu State, Eastern Nigeria) and identified by Botanist at the department of Botany, University of Nigeria, Nsukka. The crude aqueous leaf extract was assayed to determine the phytochemical contents using appropriate methods. The subjects used for this study were between 20 and 30 years, which includes normal Haemoglobin genotype (Hb AA), sickle heterozygotes (Hb AS) and sickle homozygotes (Hb SS) individuals. The subject’s blood samples were collected from University of Nigeria Teaching Hospital, Enugu and their genotypes duly confirmed. The haemolytic effect of Azadirachta Indica was determined using the subjects blood samples at different incubation period and at different concentrations of the plant extract. This study showed that Azadirachta Indica has haemolytic effect which was more pronounced in genotype ‘SS’. This observation is attributed to the fragility and instability of sickle haemoglobin. The haemolytic effect of A. Indica on the three haemoglobin genotypes was due to the presence of surface active substances such as saponin and tannin which are active phytochemicals detected in the aqueous leaf extract. 12 - 20 Download Paper
3 Ethnic Violence in Assam: an Essay on the Conflicts Between Bodo Community And Bengali Speaking Muslims In The Years 2012 And 2014 by Nikunja Sonar Bhuyan This paper tries to explore the conflicts and its impacts of the ethnic violence between the Bodo community and Bengali speaking Muslims in the state of Assam. The violence that have been taking place since early post-independence of the country have badly hindered development in the region. Using both structured and semi structured open ended interview method, I have tried to find out the reasons resulting in violence and its impacts that these violence have left in the society. The interviews have brought the conclusion that losing of land, cultural identities, neglect, deprivation and showing of power have resulted in the violence which have given nothing but destruction and underdevelopment. 21 - 29 Download Paper
4 Role of Migration in Japanese Financial by Dr. Sushant Sinha Japan is the third largest economic country in the world. After the world war second it has a rapid expansion of economic growth. Baby boom has been one the economic growth period in Japanese economic growth. Therefore japan became the first developed country in Asia as in comparison to western developed countries. For the last few decades japan is facing an ageing society problem and decreasing number of younger age people in its society. The older age population will be 40% of the total population in 2060.(health welfare ministry,2016). There is the lowest fertility rate in japan which is 1.42 children per women. Japan is facing demographic issues as well as economic issues which have the forceful factors in making japan to accept more immigration through various immigrant policies. Although native Japanese people are not willing to accept immigrants at a large scale, government has decided to consider the policies related to temporary foreign workers in japan. This article tries to locate the solutions for Japanese aging population. It also tries to explain how accepting immigrants in Japan may be helpful in its Economy and its increasing old age population issues. 30 - 34 Download Paper
5 Heat Recovery from the Exhaust Flue Gases of Non- Ox Furnace by Sunil Kumar & Neeraj Verma This is the industrial project based on the recovery of heat from exhaust flue gases. Exhaust flue gases from non-ox furnace at Continuous Galvalume line in JSW Steel Coated Products Ltd as observed leaves the furnace at 200oC and is effluated to atmosphere through chimney. The advantage of recovering heat from flue gases of a propane fired non-ox furnace aiming to trap heat from enthalpy of flue gases released to the chimney at 200 degrees centigrade and proposes to accommodate the trapped heat to heat the air used in hot air dryer from ambient to 80 degrees centigrade, existing heat exchanger uses steam to elevate the temperature of air by regulating the mass flow rate of the flue gases. In this improvement technique the task is to heat ambient air using heat of flue gases averagely leaving the furnace at 200 degrees centigrade. The exhaust blower blows flue gases to heat exchanger at 55000m3/hr replacing steam in the existing heat exchanger using flue gases to use its enthalpy to better use. Existing system uses steam to increase the temperature of air, by cutting the supply of steam with exhaust flue gases we are able to use non-ox furnace to its fullest capacity. The proposed improvement eliminates the plants dependence on Coal and indirectly diminishes daily water consumption. 35 - 44 Download Paper