Forecasting of the cotton price using an econometric model
A commodity market is a place for investors to trade in commodities like precious metals, crude oil, natural gas, energy, and spices, among others. Currently, the Forward Markets Commission allows futures trading in India for around 120 commodities. Trading in commodities is great for investors seeking to diversify their portfolio, as these investments often help with inflation. The Indian commodity derivatives market has shown solid flexibility to the Covid-19 pandemic, recovering rapidly from the underlying stock following the nation-wide complete lockdown. This study examines the market fundamentals, contract specification and market and price behaviour is the supreme problem of commodity investors and trader. The present study spotlights the price behaviour/movement and market behaviour/volatile in Indian agricultural commodity market (MCX) using econometric model. The study aims at market fundamentals of the commodity which includes demand, supply, import and export and changes in contract specification. The study also aims to study the volatility and caused effect between futures price and spot price of commodity cotton from the period 2019 to 2020 daily data were collected from Multi Commodity Exchange (MCX). This study also analysed the correlation and co-integration between the spot price and futures price of commodity cotton in Multi Commodity Exchange (MCX). The study employed statistics tools such as descriptive statistics, unit root test (ADF test), correlation test, OLS regression test, co-integration test, granger causality test, GRACH Test and ARIMA. The study found that the existence of normality and absence of unit root in time series data, also risk was higher than the mean return of futures and spot price of commodity cotton. There was low positive correlation between futures price and spot price of commodity cotton. In co-integration between spot and future price of commodity cotton explains that there is a long run relationship and both the prices are interconnected. The GARCH test evidenced that low volatility secured both futures price and spot price of commodity cotton and absence of cause and effect during the study period. The investors have to consider the high volatility commodity futures price which make effective in trading and investments in the aspect of price discovery. The result replicates that each commodity traded or invested in exchange has different price effectiveness concept and the investors and trader should recognise the commodity to hedge price risk. The last step that is ARIMA examines that the best criteria to forecast the cotton future price is ARIMA(0,1)(0,0).
Published by: Prapulla S., R. Sushma, Madhusudhan K.
Author: Prapulla S.
Paper ID: V7I4-1386
Paper Status: published
Published: July 19, 2021
Solar Energy for Refrigeration and Air Conditioning
In today’s world, the demand for comfort has been growing at an exponential rate. The utilization of air-conditioning and refrigeration systems has increased, which results in higher costs and consumption of energy. It is one of the main constituents of Global Warming. For example, Indian market of air conditioners was of worth $4.3 billion in 2017and will be of $11 billion by 2023 with a mean growth of 17% per annum.[2] Consequently, India produced roughly 2.5 billion tonnes CO2 within the year 2018. As a result a substitute for conventional method of air conditioning is being searched. Use of solar energy in air conditioning and refrigeration can be a substitute. It help in reduction of the consumption, the demand, and therefore costs of energy, without decreasing the desired comfort. These systems help in air conditioning and may even be used for refrigeration purposes. The can easily be used in commercial and residential apartments, colleges, hospitals, hotels etc. In this paper we will discuss the functioning of these systems and future scope of solar power in air conditioning and refrigeration.
Published by: Vishal Pathak, Shivraj, J. P. Kesari
Author: Vishal Pathak
Paper ID: V7I4-1375
Paper Status: published
Published: July 19, 2021
Comparative Study of IS 1893:2002 & 2016 for G+12 Staff Quarter Residential Building
IS1893 gives guidelines for designing seismic resistant structures. Significant enhancements in seismic resistant design has been seen in recent years. Hence, after a gap of 14 years, Indian seismic code IS: 1893 has been revised in year of 2016. The purpose behind presenting this project is to gain relevant Indian standard codes knowledge that has been used for design of various buildings component such as beam, column, slab, and foundation and stair case using the software Etabs under the earthquake load and wind load acting on the structure
Published by: Rohit Kokane, Prof. P. B. Autade
Author: Rohit Kokane
Paper ID: V7I4-1426
Paper Status: published
Published: July 18, 2021
An overview on bio battery unveiling potential
In the modern age there are so many power sources but one of the more efficient power sources in our Villages are the Bio-Battery, which is an alternate sources of energy. using wastewater- which is a major problem in rural India, Handy source of power generation. Further we can stored energy in the form of Carbohydrates, found in the waste biomass ,contains Microbial Fuel Cells. We can produce electricity in an MFC (Microbial Fuel Cells ) from domestic wastewater and at the same time accomplish biological wastewater treatment. So Bioreactors based on power generation in MFCs are a new approach to waste treatment and power generation.
Published by: Subhash Kumar Sharma, Sushil Kumar Singh
Author: Subhash Kumar Sharma
Paper ID: V7I4-1369
Paper Status: published
Published: July 18, 2021
Relevance of Dr. Bhimrao Ambedkar in present day
Dr Ambedkar also accepts democracy as a way of life, emphasizing the superiority of the individual, he considers the transformation of power as a means. He used to say that the foundation of democracy is not solidified by giving some constitutional rights. In the concept of his democratic system, 'morality' and 'sociality' have been the two main values, whose relevance increases in the present times. In fact, today the tension in politics has increased so much that the values of political morality have disappeared. Every political party calls for political morality and socialism to make vote banks on its side, but they do not implement these principles after getting power.
Published by: Dr. Prashant Upadhyay
Author: Dr. Prashant Upadhyay
Paper ID: V7I4-1383
Paper Status: published
Published: July 18, 2021
Electronic Health Records using Blockchain and Cloud computing
Blockchain technology eliminates the need for a central system to guarantee information integrity and custody of data, as well as to mediate transactions and the exchange of crypto assets, by allowing safe and pseudo-anonymous transactions and bilateral agreements between participants. It has crucial qualities like immutability, decentralization, and openness that could help with pressing healthcare challenges including inadequate records at the point of care and restricted access to patients' own medical information. Interoperability software system and technology frameworks to interact safely and efficiently, share data, and utilize that data across healthcare organizations and application vendors, resulting in a more efficient and effective public health system. Due to a lack of interoperability, healthcare today suffers from compartmentalized and disjointed data, hindered communications, and fragmented workflow tools. In a safe and pseudo-anonymous manner, blockchain provides access to longitudinal, full, and adulterate aware medical records that are kept in fragmented systems. The goal of our suggested scheme is to first integrate blockchain technology for EHR and then to enable safe storage of electronic records for users of the framework by defining granular access controls. The following framework gives the EHR system the advantages of a blockchain-based solution that is extensible, secure, and integrated.
Published by: Sonia S. B., Amrutha D., Bhavana C., Ankitha J.
Author: Sonia S. B.
Paper ID: V7I4-1390
Paper Status: published
Published: July 18, 2021
