...About Psychopaths… Psychopath is a term that is often herd in a wide variety of contexts but what does it really mean? Not to be confused with antisocial personality disorder, psychopathy is actually a more severe form of the former disorder. Sociopathy, as it is also known, is defined as “a psychological construct describing amoral and antisocial behavior.”[1] A psychopath is a person who “has deficits or deviances in several areas: interpersonal relationships, emotion, and self-control. Psychopaths lack a sense of guilt or remorse for any harm they may have caused others, instead rationalizing the behavior, blaming someone else, or denying it outright.”[2] A person suffering this disorder will exhibit behavior that does not accord with society’s laws and will lack a moral conscience that tries to control this unethical behavior. Because Sociopathy is a personality disorder there are no physical symptoms but instead one must rely solely on obeserving behavior to identify the mental illness. Psychopaths behavior can be tracked to the early years of childhood. It is very common for children with this disorder to exhibit violence towards animals, bedwetting until a late age, and pyromania. It is possible for children who are not psychopaths to display these behaviors as well so they are not a good way to measure whether a person has the disorder or not. Among adults a clear lack of nervousness and worries acompanies a lack of delusinoal thinking. As a result psychopaths tend...
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...The Indian Rupee has depreciated to an all time low with respect to the US Dollar. On 28th August 2013, the Indian rupee had gone down to 68.825 against the Dollar but the situation was somewhat revived by the Reserve Bank of India that decided to open a special window for helping state owned oil companies – Indian Oil Corp Ltd., Bharat Petroleum Corp and Hindustan Petroleum Corp. The beneficiaries will be able to buy dollars through this window till further notice is provided. These companies, together, require about 8.5 billion dollars every month to import oil and it is expected that this will help them meet the requirements. This has had an immediate effect as is evident from the fact that the INR has started at 67 against the USD at the early proceedings in the Interbank Foreign Exchange Market. The question, however, is why this is happening. There are several reasons that can be enumerated in such a scenario: Basic law of economics As per the rudimentary laws of economics if the demand for USD in India exceeds its supply then its worth will go up and that of the INR will come down in that respect. It may be that importers are the major entities who are in need of the dollar for making their payments. Another possibility here could be that the Foreign Institutional Investors are withdrawing their investments in the country and taking them elsewhere. This can create a shortfall in supply of the dollar in India. In fact, of late, the FIIs have been heading to greener pastures...
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