

Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam

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Fiercely independent and pro-consumer information on personal finance.
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.

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One relatively simple way to prove that the States and the Centre were lying was to use publicly available data in the websites of municipalities that make death certificates available online.
If you did this and counted the number of deaths in April/May/June/July of 2019, 2020 and 2021, you would have observed a very modest increase or even a slight decline in 2020 during the 1st wave of Covid. However, this was followed by a huge spike in 2021 during the delta wave.
The 2020 wave was not that severe across India, and it is possible that the increase in Covid deaths was offset by a decline in traffic fatalities as movement was severely restricted during the lockdowns. However, the number of deaths during the delta wave in 2021 was so high that nothing could mask it in the numbers. So, there is nothing surprising in these numbers at all. The only surprise is that it took so long to do the analysis.