Ø 25th May 2021, Tuesday,
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youTHink Exclusive
Quote Of The Day
We can design our future, only by changing our present. We should start taking steps in a way to lead us to our goal. If we start taking efforts to change our regular leading life into something out of the box, only then can we expect an unusual, interesting future
Subhashita
न स्वल्पस्य कृते भूरि नाशयेन्मतिमान्नर: |
एतदेव हि पाण्डित्यं यत्स्वल्पाद्भूरि रक्षणम् ||
न स्वल्पस्य कृते भूरि नाशयेन्मतिमान्नर: | एतदेव हि पाण्डित्यं यत्स्वल्पाद्भूरि रक्षणम् ||
A clever person doesn't sacrifice greater things to gain something of comparatively lesser importance. It is best to make small sacrifices for greater gains.
Authors: Atharva Godbole and Shubham Dharmadhikari
Historical Significance of the Day
1955,
first ascent of Kanchenjunga, leading the team was Charles Evans, George
Band and Joe Brown reached the top on this day.
1961, the then U.S.
President John F. Kennedy, proclaims the Apollo Program and his objective of starting
a project to put man on the moon.
Unscramble
Rules:
Rearrange the letters to form meaningful words and fill one letter per blank. Note the letters above the orange blanks ( _ ) and using them make another meaningful word to complete the quote given below.
CINEW : _ _ _ _ _ TECXEI : _ _ _ _ _ _ROMUN : _ _ _ _ _IDIMT : _ _ _ _ _
Measure _ _ _ _ _(5), cut _ _ _ _(4) .
For answer check out next youTHink blog ;)
by Siddhesh Umarjee
Rules:
Rearrange the letters to form meaningful words and fill one letter per blank. Note the letters above the orange blanks ( _ ) and using them make another meaningful word to complete the quote given below.
Sudoku
by Nikhil Kelkar, Shreeya Deshmukh and Siddhesh Umarjee
Puzzler
What comes next in the following order:
For answer check out next youTHink blog ;)
by Siddhesh Umarjee
Answers for previous puzzles
Unscramble : LEARN, WRIST, CLASSY, BIOTIC
The key to success is to focus on the goal, not the obstacles
Puzzler: Answer: 2) Opened envelope
Explanation
(this is one of many ways to trace the diagram)
DISCLAIMER: The
thoughts expressed in each of the following articles are a part of the author’s
perspective, thoughts and opinions. The author in any case does not intend to
harm the sentiments of anybody, any place, or any school of thought. The author
duly respects every place, everybody, everything he/she mentions in their
article. The author’s expressions are expected to be taken positively and sportingly.
Youthink or its members do not take responsibility of any of the thoughts,
perspectives or opinions expressed through the articles. Youthink and its
members just do the job of providing a platform for expression and will not
held accountable for the author’s remarks. This message is neither meant for
the discouragement of the author nor of the audience. The motive of this
message is to make youthink and its members’ side crystal clear.
BRIEF INTRODUCTION OF MONEY MARKETS
Money market refers to trading in very short-term debt investments. Here, short-term refers to a span of less than a year. It involves high volume trades between investors and professional traders while retail investors invest in it through mutual funds and through banking services. The contributors to the money markets are the Central Banks, Commercial Banks & Companies. Market can be described as a Money Market if it consists of liquid and short-term assets. Companies can raise funds in such markets by issuing Bonds, Debentures, etc. Companies need long term borrowings and loans for funding their operations which are provided in the capital market. However, the capital market follows trends in money markets. The short-term interest rates of the money market influence long term secular trends of the capital markets.
There is certain data and rates released by the RBI which have a huge impact on money markets. Bonds and debentures pay a fixed interest which is dependent on the federal funds rate. This is the rate imposed by the RBI for banks to lend or borrow excessive reserves. Most bonds pay a fixed interest rate that becomes more attractive if interest rates decrease driving up the prices of the bond. Conversely, rise in interest rates makes investors not prefer the lower interest rates offered by the bond, resulting in a decline in its price.
The money markets encourage investors to save which brings investments through debt in the economy. Savings & investments help in the growth of the economy. Finally, the Money Market is not a very sought after or pursued market compared to the stock or commodity market. But it is an important aspect of the Economy not only because of its volume (approx. - 600,000 Cr per day) but also because of the purpose it serves.
Securities are traded, bought, sold or mortgaged which helps the young entrepreneurs get a loan with less interest or helps commercial banks get an extra income.
However, Directly the common Public does not interact with the Money Market.
Author: Aditya Jogalekar and Ved Patil
SIMPLICITY IN DIFFICULTIES
Each curveball
life throws at you, makes it easier for yourself to be able to dodge it. Each and every one of us knows exactly how much time and energy we spend surviving through adversities and difficult situations. Here are simple tricks for how to be easy-going and simple when you battle difficulties, because that is how you need to be: to be thinking in a calm and rational manner, and make efficient and responsible decisions during these tough times.
~ When you start realizing you are panicking, drop everything you are doing, and blankly stop for an entire minute. Give your brain to contemplate what exactly needs to be done.
~ Find out why it is necessary for you to go through these tough times. Try to visualize the pot of gold at the end of this rainbow.
~ Think about how this success will affect you and your loved ones.
~ Practically break down your problems into smaller parts, find the reason behind each problem.
~ Tackle simply one problem at a time
~ Take it up as a challenge, as an opportunity, as a way to prove people who question your capability, wrong.
~ Simply ask for help from friends and family, if necessary.
~ Remember this is temporary yet important, and a better you are coming out of this process.
~ Simplify your actions into intentions, and your problems into tasks.
~ Enjoy the process, seek love and emotional support from people you trust the most.
~ Practically research how to tackle a certain problem and try implementing it into real life.
~ Believe in yourself, because, c’mon you have before, and can easily handle way worse than this.
Life’s not as hard as they make it to be. Be yourself. Have faith. Work hard.
It’s not that difficult.
Written and Illustrated by Parnavi Jeurkar
LESSON FROM THE LOCKDOWN
One fine
day,
A newspaper
line captured my eye.
"Covid
cases in India rising", it said.
I wondered,
how would the year pass by?
It seemed
like,
Everything
turned upside down, in just a moment.
The
"King of Viruses" spreading its expanse
Was enough
to lament.
Work for and
from Home,
Online
lectures, meetings became the new normal.
Technology
brought out the ecstasy.
A year back
all these things felt surreal.
The world
witnessed,
A sudden
pause, which gave lessons implied lifelong.
As and when,
we're recovering from the setbacks,
With
optimism and elation, Life goes on!
Written By Arya Joshi
Sports Shorts
Updates, Reviews and Previews of
your favorite sports games!
CRICKET
WORLD
TEST CHAMPIONSHIP
FINAL:
WHO SEEMS
TO HAVE AN UPPER
HAND
With the World Test Championship Final
just weeks away, let’s have a look at some of vital aspects that may play a
role in paving the way for the champions. New Zealand are set to play two tests
against England before the world test championship final. These two tests
immediately before the final can prove as a jackpot for the Kiwis. Any team
always wishes to have some games before the ‘big event’, which gives the team
momentum and confidence. In these two games before the WTC final, New Zealand
can actually test their blooming players, fix selection issues, find backups for
key players, etc. It is a fine chance for the Kiwis to find their perfect XI just
before the big game. As on the other side, India has no such games fixed before
the WTC final, which means they won’t have any game-time. India won’t be able
to test their young guns and would just have to keep faith that they would
fire. Also, besides net practice, and some practice matches, India would not get
any real-time match situation experience hence not getting much help to reduce
the pressure of the big event. The New Zealand players having already played there,
they would have a good know-how of the conditions there. On the other hand,
Indian players would take time to asses and adjust to the conditions there. If New
Zealand win the series or even the second match of the series, they would be high
on confidence and would comparatively feel less pressure. The conditions there
suit the Kiwis, so they will seem to be more comfortable. Though India is not a
team to be taken lightly, the Kiwis will seem to have a slight advantage regarding
conditions, comfort and probably confidence too.
Author: Aditya Veerkar
FOOTBALL
LUIS SUAREZ STEERS ATLETICO MADRID TO LA LIGA GLORY,
LILLE OSC PULL OFF AN UNIMAGINABLE FEAT
The last time Atletico Madrid
went on to win the title was in 2014, things had gone down to the wire back
then, and it was not different seven years later. Atletico came back from
behind to win 2-1 twice in a week and clinch the title in a season full of nerve-racking
action to the last moment. Atletico’s title victory has ended a seven-year
duopoly by FC Barcelona & Real Madrid. The linchpin of this stupendous
achievement- Luis Suarez. The Uruguayan made an instant impact at the club
after joining in as a free agent from Barcelona. Suarez has netted in 21 goals
this season, helping Atletico on their way to the title, the two matchwinners
last week proving the most vital.
Top since week 12, Atletico
hung on to the lead till the end. Their final day opponents Real Valladolid
couldn’t. Valladolid fought, but in the end, they were proven to be relegation
bound. As for Real Madrid, they managed to do what was in their own hands to
grab the three points, but fell short of the title thanks to the man who arrived
at Real’s city rivals from Barca. The season particularly didn’t end well for Barca
as well considering the title hopes they had until last week.
“Yes, I am sure. Atletico
welcomed me from the minute I arrived. I asked the club if there was room for
me on the museum wall to make history at Atletico. The situation I had to live
through, the way I was looked down on, but Atletico opened the door for me.”
~Luis Suarez when
asked about his future
However, there are key
concerns over the future of players at the two Spanish powerhouses Barcelona
& Real Madrid. Barcelona’s club captain Lionel Messi & his counterpart
at Real, Sergio Ramos, both see their contracts expire next months, while there
is uncertainty over whether coaches Ronald Koeman & Zinedine Zidane will
stay at the clubs.
Meanwhile in France, Lille
OSC are Ligue 1 champions after a 2-1 away win at Angers. This is Lille’s 4th
title and their first in the last 10 years putting an end to PSG’s domination
of Ligue 1. This title inflicts pain and misery on PSG, whose attempts at
flaunting money are proving to be futile and there are disappointments season
in and season out. They won 2-0 away to
keep the pressure till the end, but never had the title’s destiny in their own
hands going into the final matchday.
ROBERT LEWANDOWSKI
BREAKS GERD MUELLER’S
RECORD, WINS EUROPEAN GOLDEN BOOT EN
ROUTE BAYERN’S
30TH BUNDESLIGA TITLE VICTORY
For the first time in his career, Robert Lewandowski has won the
golden boot. The Bayern Munich and Polish striker has put an incredible tally
of 41 goals in 29 league appearances to claim the top scorers spot in Europe.
He also managed to break Gerd Mueller’s 49-year-old record for scoring the most
goals in a single German league season. His tally is by far the highest total
recorded by a player in Europe. Despite missing some of the action of the
season due to injury, he was able to outclass all other strikers from across
Europe to hand himself the golden boot. His impressive performance day in and
day out has handed Bayern their 30th league title.
OTHER KEY TAKEAWAYS
FROM DOMESTIC
LEAGUES
SEASON FINALE:
-MANCHESTER CITY LIFT THEIR 7TH LEAGUE
TITLE
-LIVERPOOL & CHELSEA
SECURE CHAMPIONS LEAGUE
QUALIFICATION
-INTER MILAN LAND 19TH SERIE A TITLE TO
END DECADE LONG DOMINATION BY JUVENTUS
-AFC AJAX WIN 35TH DUTCH TITLE
Author: Ved Patil
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Thank you for reading Today's Blog! Hope to see you on Saturday!
Editorial Core:
Aditya Jogalekar
Atharva Godbole
Shubham Dharmadhikari
Siddhesh Umarjee
Aditya Veerkar
Ved Patil
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