Macroeconomic Implications of Capital Inflows in India

The study attempts to analyse the behaviour of some macroeconomic variables in response to total capital inflows in India using quarterly data for the period 1994Q1-2007Q4. Time trend of all variables except nominal effective exchange rate-both export and trade based and current account balance shows instability over the period of study. Current account balance is the only variable which is stationary in level form all other variables are stationary in first difference form. Cointegration test confirms the long run equilibrium relation between total capital inflows (TCI) and real effective exchange rate-both trade based and export based and between TCI and nominal effective exchange rate-export based. Granger causality test confirms the bidirectional causality between real effective exchange rate-export based and TCI and between foreign exchange reserve & TCI and unidirectional causality from TCI to real effective exchange rate-trade based.International Capital Inflows, Time Series Econometrics

Macroeconomic implications of capital inflows in India

The study attemts to analyse the behaviour of some macroeconomic variables in response to Total Capital Inflows in India using quarterly data for the period 1994-2007. The paper consist two sections, in first section we have analysed trend behaviour of macroeconomic variables included in the study. Time trend of all variables except NEERX, NEERT and CAB shows instability over the period of study. In second section we have have made an attempt to impirically analyse the behaviour of some macroeconomic variables. With the help of DF, ADF and Schmidt & Phillips test we have concluded that CAB is the only variable which stationary in level form all othe variables are stationary in first difference form. Cointegration test confirms the long run equilibrium relation between REERX & TCI, REET &TCI and between NEERX & TCI. Granger causality test confirms the bidirectional causality between REERX & TCI and between FOREX & TCI and unidirectional causality from TCI to REERT.peer-reviewe

Problems and Prospects of Islamic Banking: a case Study of Takaful

The paper is an attempt to analyse the working of Takaul in the world and its popularity in the insurance sector in the world. Keeping in view of Sharia we have also tried all possible aspects of insurance system popular in the world and tried to look at its possibility to familiarize more amongst Muslims of the world. It is observed that customer awareness remain low, however this is often attributed to a limited understanding of Islamic finance in the banking and insurance world. We wish to have a proper salesmanship and advertisement of Islamic banking system in India and all around the world.Islamic Banking, Takaful

Multiband split-ring resonator based planar inverted-F antenna for 5G applications

5G, the fifth generation of wireless communications, is focusing on multiple frequency bands, such as 6GHz, 10GHz, 15GHz, 28GHz, and 38GHz, to achieve high data rates up to 10 Gbps or more.The industry demands multiband antennas to cover these distant frequency bands, which is a task much more challenging. In this paper, we have designed a novel multiband split-ring resonator (SRR) based planar inverted-F antenna (PIFA) for 5G applications. It is composed of a PIFA, an inverted-L parasitic element, a rectangular shaped parasitic element, and a split-ring resonator (SRR) etched on the top plate of the PIFA.The basic PIFA structure resonates at 6GHz. An addition of a rectangular shaped parasitic element produces a resonance at 15GHz. The introduction of a split-ring resonator produces a band notch at 8GHz, and a resonance at 10GHz, while the insertion of an inverted-L shaped parasitic element further enhances the impedance bandwidth in the 10GHz band. The frequency bands covered, each with more than 1GHz impedance bandwidth, are 6GHz (5–7GHz), 10GHz (9–10.8GHz), and 15GHz (14-15GHz), expected for inclusion in next-generation wireless communications, that is, 5G. The design is simulated using Ansys Electromagnetic Suite 17 simulation software package.The simulated and the measured results are compared and analyzed which are generally in good agreement

Millimetre-wave antennas and systems for the future 5G

Editorial of the special issue on Millimetre-Wave Antennas and Systems for the Future 5

Product to process lifecycle management in assembly automation systems

Presently, the automotive industry is facing enormous pressure due to global competition and ever changing legislative, economic and customer demands. Product and process development in the automotive manufacturing industry is a challenging task for many reasons. Current product life cycle management (PLM) systems tend to be product-focussed. Though, information about processes and resources are there but mostly linked to the product. Process is an important aspect, especially in assembly automation systems that link products to their manufacturing resources. This paper presents a process-centric approach to improve PLM systems in large-scale manufacturing companies, especially in the powertrain sector of the automotive industry. The idea is to integrate the information related to key engineering chains i.e. products, processes and resources based upon PLM philosophy and shift the trend of product-focussed lifecycle management to process-focussed lifecycle management, the outcome of which is the Product, Process and Resource Lifecycle Management not PLM only

Heat budget studies of the north Arabian Sea during summer and winter seasons, 1992

In this study heat budget components and momentum flux for August and January 1992 over the north Arabian Sea are computed. The marine meteorological data measured on board during the cruises of PAK-US joint project (NASEER) are used for the computation. Significant differences were found in the heat budget components as well as in the momentum flux during different monsoon periods over the north Arabian Sea. The latent heat flux was always positive and attributed to the large vapour pressure gradient. The computed moisture and latent heat fluxes in January were higher than August The highest value of latent heat flux 309 W/m2 at station 8 was evaluated. These higher latent heat fluxes were due to the large vapour pressure gradient, air-sea temperature difference, the wind speed, and the prevailing wind direction (from north and northeast). Negative values of sensible heat fluxes in both seasons indicate that the heat transfer was from the atmosphere to the ocean. The negative values of net heat gain indicate that the sea surface field became an energy sink: or the sea surface supplied more energy to the atmosphere than it received from it. Large variation in the momentum flux mainly attributed to the variation in the wind speed. Aerial averages of heat and momentum fluxes were also computed

Comparison of Ferrous Sulphate with Iron Polymaltose in Treating Iron Deficiency Anaemia in Children

Background: To compare the efficacy of ferrous sulphate vs Iron polymaltose complex for the treatment of iron deficiency anaemia in children. Methods:  In this randomized control trial , 170 children having iron deficiency anaemia with hemoglobin< 10g/dl and serum ferritin levels below 6ng/ml were selected . Patients were randomly allocated into Group A, given Syrup  ferrous sulphate in a dose of 6mg/kg/day of elemental iron once daily for 4 weeks and Group B, given syrup  iron polymaltose complex in a dose of 6mg/kg/day of elemental iron once daily orally for 4 weeks. Results: - The average age was 24.86±17.85 months. The efficacy was significantly high in ferrous sulphate as compare to Iron polymaltose complex for the treatment of iron deficiency anaemia (p=0.009). Conclusion: Ferrous sulphate  has advantage over iron polymaltose complex in treatment of iron deficiency anaemia where rise in haemoglobin was considere

Enhanced integrated modelling approach to reconfiguring manufacturing enterprises

Dynamism and uncertainty are real challenges for present day manufacturing enterprises (MEs). Reasons include: an increasing demand for customisation, reduced time to market, shortened product life cycles and globalisation. MEs can reduce competitive pressure by becoming reconfigurable and change-capable. However, modern manufacturing philosophies, including agile and lean, must complement the application of reconfigurable manufacturing paradigms. Choosing and applying the best philosophies and techniques is very difficult as most MEs deploy complex and unique configurations of processes and resource systems, and seek economies of scope and scale in respect of changing and distinctive product flows. It follows that systematic methods of achieving model driven reconfiguration and interoperation of component based manufacturing systems are required to design, engineer and change future MEs. This thesis, titled Enhanced Integrated Modelling Approach to Reconfiguring Manufacturing Enterprises , introduces the development and prototyping a model-driven environment for the design, engineering, optimisation and control of the reconfiguration of MEs with an embedded capability to handle various types of change. The thesis describes a novel systematic approach, namely enhanced integrated modelling approach (EIMA), in which coherent sets of integrated models are created that facilitates the engineering of MEs especially their production planning and control (PPC) systems. The developed environment supports the engineering of common types of strategic, tactical and operational processes found in many MEs. The EIMA is centred on the ISO standardised CIMOSA process modelling approach. Early study led to the development of simulation models during which various CIMOSA shortcomings were observed, especially in its support for aspects of ME dynamism. A need was raised to structure and create semantically enriched models hence forming an enhanced integrated modelling environment. The thesis also presents three industrial case examples: (1) Ford Motor Company; (2) Bradgate Furniture Manufacturing Company; and (3) ACM Bearings Company. In order to understand the system prior to realisation of any PPC strategy, multiple process segments of any target organisation need to be modelled. Coherent multi-perspective case study models are presented that have facilitated process reengineering and associated resource system configuration. Such models have a capability to enable PPC decision making processes in support of the reconfiguration of MEs. During these case studies, capabilities of a number of software tools were exploited such as Arena®, Simul8®, Plant Simulation®, MS Visio®, and MS Excel®. Case study results demonstrated effectiveness of the concepts related to the EIMA. The research has resulted in new contributions to knowledge in terms of new understandings, concepts and methods in following ways: (1) a structured model driven integrated approach to the design, optimisation and control of future reconfiguration of MEs. The EIMA is an enriched and generic process modelling approach with capability to represent both static and dynamic aspects of an ME; and (2) example application cases showing benefits in terms of reduction in lead time, cost and resource load and in terms of improved responsiveness of processes and resource systems with a special focus on PPC; (3) identification and industrial application of a new key performance indicator (KPI) known as P3C the measuring and monitoring of which can aid in enhancing reconfigurability and responsiveness of MEs; and (4) an enriched modelling concept framework (E-MUNE) to capture requirements of static and dynamic aspects of MEs where the conceptual framework has the capability to be extended and modified according to the requirements. The thesis outlines key areas outlining a need for future research into integrated modelling approaches, interoperation and updating mechanisms of partial models in support of the reconfiguration of MEs

Towards the future-proofing of UK infrastructure

Ensuring long-term performance from key infrastructure is essential to enable it to serve society and to maintain a sustainable economy. The future-proofing of key infrastructure involves addressing two broad issues: (i) resilience to unexpected or uncontrollable events (e.g., extreme weather events); (ii) adaptability to required changes in structure and/or operations of the infrastructure in the future. Increasingly, infrastructure owners, designers, builders, governments and operators are being required to consider possible future challenges as part of the life cycle planning for assets and systems that make up key infrastructure. A preliminary study is reported here that aimed at exploring the following questions related to infrastructure (systems): what does ‘future-proofing’ of infrastructural assets mean? Why and when should critical infrastructure be future-proofed? How can infrastructure assets (systems) be prepared for uncertain future events? How can future-proofing considerations be incorporated into infrastructure asset management practices? To seek answers to the above questions, two industrial workshops were conducted that brought together leading practitioners in the UK infrastructure and construction sectors, along with government policymakers. This paper captures lessons learnt from the workshops and proposes a framework for linking future-proofing into asset management considerations. Case studies of Dawlish railway and Heathrow airport are also presented. The authors would like to acknowledge the Centre for Smart Infrastructure & Construction, EPSRC (Grant EP/K000314/1), Innovate UK and the industrial partners, which collectively funded this project. The authors are thankful to the CSIC industrial partners involved in the futureproofing project. The authors are also thankful to the speakers and delegates from London Underground, Costain, UCL, IBM, Crossrail, John Dora Consulting, Heathrow, Cementation Skanska, CIRIA, Network Rail, Arup, Highways Agency, Atkins, Halcrow/CH2M, Lang O’ Rourke, Lend Lease, Infrastructure UK, Committee on Climate Change and CSIC, who attended the CSIC workshop(s) on infrastructure futureproofing. The authors are also thankful to the following companies who responded to our questionnaire on futureproofing strategies for industrial assets and systems: ABB, BAE Systems, Boeing, Caterpillar, EA Technology, Exxon Mobil, Finning, Hitachi, IBM and Rolls-Royce.This is the final version of the article. It first appeared from ICE Publishing via http://dx.doi.org/10.1680/jinam.15.0000