Sector Specific Determinants of Foreign Portfolio Investment Inflows in India: A Panel ARDL Approach

This article investigates the factors that influence foreign portfolio investment (FPI) inflows to various sectors in India from February 2012 to July 2020. We find evidence that in the short-run FPI inflows in India have a significant positive relationship with the index of industrial production (IIP), foreign direct investment (FDI) and market capitalization (MC) while a significant negative relationship with the US dollars exchange rate (DEXR) and real effective exchange rate (REER). The results of the panel autoregressive distributed lag (ARDL) approach show that sectoral FPI inflows to the various sector in India have a significant negative relationship with interest rate differential (IRD), MC and the US DEXR in the long run. However, in the long run, it has a significant positive relationship with international liquidity (IL) and REER. In addition, we observe that for all sectors the interest rate differential boosts FPI inflows in India except for new economy sectors. The policy prescription of the study points toward the creation of a conducive investment climate to encourage foreign portfolio investors. </jats:p

Uncertainties Associated with Trapping Mechanism of Burgan Reserves in the Bahrah Area, Kuwait

This reference is for an abstract only. A full paper was not submitted for this conference. Abstract The Bahrah area is located on the Kuwait Arch between the giant Burgan field to the south and the Sabiriyah field to the north. An indication of oil was noticed in BH-01, the very first exploration well drilled in Kuwait as early as 1936, but exploration and delineation of Bahrah reserves progressed at a slow pace due to the complexity in structural setting, minor oil columns, widely varying contacts, reservoir qualities and uncertainties associated with seismic mapping. Seventeen wells have been drilled in Bahrah area that penetrated Burgan intervals, but only four wells have been completed in the formation. Well data gathered to date includes wireline logs of different vintages, cores and well tests. Seismic data set comprises of 2D and 3D surveys and of reasonable quality. There are clear mismatch between observed OWC, ODT &amp; WUT on logs, produced oils and structural closures. This may be due to uncertainties in time-depth conversion and/or trapping mechanism related to role of faults and sand geometries, which is yet to be fully understood. While oil API gravities range between 24 and 29 degrees, continuity in sand bodies across four-way closures/fault segments difficult to suggest due to spacing of the wells. To address above uncertainties, a strategy has been devised towards data acquisition from wells to be drilled for deeper target including cores and fluids and pressure data from existing wells. </jats:sec

Non-Hodgkin's Lymphoma in Thyroid Gland

A rare case of primary non-Hodgkin’s Lymphoma in a 52-year-old female presented with a large mass in the right lobe of thyroid. The diagnosis was established by fine needle aspiration cytology (FNAC) followed by surgery andfinally confirmed by histopathology.DOI: http://dx.doi.org/10.3329/jom.v14i1.14584 J MEDICINE 2013; 14 : 83-84</jats:p