Equanimity of Risk and Return Relationship between Shariah Index and General Index in India

The present study empirically examines the risk and return of the Nifty Shariah index and Nifty index during the period 2nd January 2007 to 31st December 2010. The sample period is further divided into bull market period and bear market period based on the movement of the both indices during the study period. The objective of the study is to analyse the performance of the Islamic index and common index and to test whether any significant difference between both indices in India. Based on the previous studies, the present paper employs Risk adjusted measurement such as Sharpe index, Treynor Index and Jensen alpha. The t- test is used to test the mean returns difference between both indices. The study found that Nifty Shariah has been underperformed during the sample and sub sample period. According to ttest, the mean difference between both indices has not been significant which reveals both are consistent. The risk adjusted returns for the both indices reveals that both were underperforming with respect to risk free rate of return. The study has also disclosed the low volatile nature of Nifty Shariah than Nifty index. Finally, the study concludes that Nifty Shariah and Nifty indices in India are performing in a similar manner

Seasonal Anomalies between S&P CNX Nifty Shariah Index and S&P CNX Nifty Index in India

The present study compares the risk and return of the Nifty Shariah index and Nifty index at days, months and quarters wise during the period 2nd January 2007 to 31st December 2010. The raw returns of the both indices are calculated as today price minus yesterday price divided by yesterday price. The t- test has been used to test the mean returns difference between both indices. The average Monday return of the Nifty Shariah index is compared with average return of the Nifty index by using two sample t-test. Like that, the average returns of the remaining of the days of Nifty Shariah index are compared with average returns of remaining days of the Nifty Index. The study finds that there is no difference between average day -wise returns of the Nifty Shariah index and average day return of the Nifty Index during the study period. The study also compares the average January return of the Nifty Shariah index with average January return of the Nifty index, average February return of the Nifty Shariah index with average return of the Nifty index and so on. Finally, the average return of the first, second, third and fourth quarter of Nifty Shariah with average return of the respective first, second, third and fourth quarter of Nifty index are compared. The study finds that there is a significant difference between average return of the Nifty Shariah and Nifty indices in the month of July and September. It is derived from the study that the Muslim Investors are evincing more interest to sell the shares in the market from July to September. The reason being, expenses inconnection with Ramalan Festival during that period. Therefore, the study confirms that Ramalan effect have been prevailing in the Indian Stock Market. Thus, this study reveals that the seasonal variation exits very much in Shariah Inde

Mc Cune Albright syndrome: gynecological perspective

The key features of McCune-Albright syndrome include sexual precocious puberty, polyostotic fibrous dysplasia and café au lait spots. It is associated with hyperfunction of multiple endocrine glands. Other endocrine dysfunctions often associated are growth hormone excess, hyperthyroidism, Cushing’s syndrome, hyperprolactinemia and phosphate wasting. We had a case of McCune-Albright syndrome with precocious puberty and irregular cycles and was managed. It is a rare cause of precocious puberty and should be kept in mind while dealing with such cases

Medicine Research in India: A Scientometric Assessment of Publications during 2009 – 2018

The purpose of this paper is to qualitative analyse of medicine research output using select scientometric indicators with the aim of identifying top preparing countries, subject subthemes, organisations, authors and journals in the area. The present study has examined 29153 publications in medicine research, the present study deals with the Assessment of Indian medicine research output as reflected in Web of Science (WOS) database for the period 2009 to 2018 for identifying the research output in the field of medicine literature. It also provides a comparative evaluation and performance of different types of scientometric indicators, such as number of publications, number of citations, relative growth, doubling time, activity index and collaboration from India. The Indian medicine research has increased exponentially over the last decade

Load shifting and peak clipping for reducing energy consumption in an indian university campus

This paper analyzes the intelligent use of time-varying electrical load via developing efficient energy utilization patterns using demand-side management (DSM) strategies. This approach helps distribution utilities decrease maximum demand and electrical energy billing costs. A case study of DSM implementation of electric energy utility for an educational building Alagappa Chettiar Government College of Engineering and Technology (ACGCET) campus was simulated. The new optimum energy load model was established for peak and off-peak periods from the system's existing load profile using peak clipping and load shifting DSM techniques. The result reflects a significant reduction in maximum demand from 189 kW to 170 kW and a reduction in annual electricity billing cost from $11,340 to$10,200 (approximately 10%) in the upgraded system. This work highlights the importance of time of day (TOD) tariff structure consumers that aid reduction in their distribution system's maximum demand and demand charges. Copyright

Lower carboniferous palynomorphs from Potí Formation, Parnaíba basin, Brazil

A rich and varied miofloral assemblage consisting of Spores, Acritarchs and Chitinozoans is recovered from a sample belonging to the Poti Formation. Parnaiha Basin, Brazil. This assemblage is quite interesting in having characteristic palynomorphs like Verrucosisporites nitidus, Densosporites spitsbergensis, Vallatisporites vallatus, Dibolisporites microspicatus. Florinites guttatus, Hymenozonotriletes explanatus, Cirratriradites veeversii, etc. which suggest a stratigraphic range of Tournaisian-Visean to the sample under study. This is being reported first from the western border of this region while some palynological data exist regarding the eastern border In addition to this, this assemblage has a greater bearing in tackling the stratigraphic problems associated with these sediments. This also can help interpreting the geological data in a better fashion. A comparative study with other known Lower Carboniferous palynozones of Argentina, Australia, United States of America and Great Bretain is also attempted.Uma rica e variada assembléia miofloral consistindo de Esporos. Acritarca e Quitinozoários é descrita em amostra pertencente a Formação Potí, (Bacia do Parnaiba - Brasil). Esta assembléia, constituída por Verrucosisporites nitidus, Densosporites spitsbergensis, Vallatisporites vallatus, Dibolisporites microspicatus. Florinites guttatus, Hymenozonotriletes explanatus, Cirratriradites veeversii, sugere um posicionamento estratigráfico no Tournaisiano-Viseano Pela primeira vez apresentam-se resultados referentes a borda oeste da bacia e confronta-se com alguns dados palinológicos existentes na borda este. Em adição a isto. esta assembléia tem grande valor no esclarecimento de problemas estratigráficos destes sedimentos. Isto também pode ajudar na melhor forma de interpretação dos dados geológicos. Apresenta-se também um estudo comparativo com outras palinozonas conhecidas do Carbonffero Inferior da Argentina, Austrália, Estados Unidos da América e Inglaterra

Energetic neutron identification with pulse shape discrimination in pure CsI crystals

Pulse shape discrimination with pure CsI scintillators is investigated as a method for separating energy deposits by energetic neutrons and photons at particle physics experiments. Using neutron data collected near the European XFEL XS1 beam window the pulse shape discrimination capabilities of pure CsI are studied and compared to CsI(Tl) using near-identical detector setups, which were operated in parallel. The inelastic interactions of 100 MeV neutrons are observed to produce a slower scintillation emission in pure CsI relative to energy deposits from cosmic muons. By employing a charge-ratio method for pulse shape characterization, pulse shape discrimination with pure CsI is shown to be effective for identifying energy deposits from neutrons vs. cosmic muons, however, pure CsI was not able resolve the specific type of neutron inelastic interactions as can be done with CsI(Tl). Using pulse shape discrimination, the rate of energetic neutron interactions in a pure CsI detector is measured as a function of time and shown to be correlated with the European XFEL beam power. The results demonstrate that pulse shape discrimination with pure CsI has significant potential to improve electromagnetic vs. hadronic shower identification at future particle physics experiments