Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
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+ Motor traffic is increasing year on year at about 10 % as the development of viable public traffic will never meet the required goal (if any); increasing population, too.
+ There is no signs of co-ordinated development, anywhere, with the result that the pedestrian + traffic + cyclists + heavy traffic will continue.
+ One example is BKC in Mumbai - the complex itself is perhaps built to world (?) standards - the entrances and exits, however, are badly constructed 1940's method - no new law is going to prevent accidents in this set up.
+ When Thane RTO (?) introduced on-line driver examinations, the failure rate increased by more than 30 %.
+ While flyovers, metro's and all have been constructed, lack of co-ordination between agencies has made it a nightmare for pedestrians as no single agency was / took the responsibility !
+ The driving public are also to blame - they believe that the horn is as good as a siren + flashers; mistake the accelerator for the brake pedal and have total belief that they have right of way (especially in bigger vehicles !) - no law is obeyed. (Off hand, I would observe that hardly about 15 to 20 % of drivers are competent enough to be let loose on roads). Two pedestrians will walk abreast on a crowded road, rather than one behind the other ! Where are the pavements ? People tunnels, well maintained ?
To bring the situation to some level of acceptability, all it needs is inclination, co-ordination, proper implementation, maintenance and some shouting from the roof tops !!