The New York Times today issued a correction
for an error in a story that appeared in its pages 161 years ago about
African-American Solomon Northup, whose memoir '12 Years a Slave' won
the best picture Oscar this year. In an article that appeared on
Januray 20, 1853, the Times had misspelt Northup as "Northrup". The
error was pointed out by a Twitter user a day after the movie based on
Northup's life won the top award at the Oscars. The 1853 article
spelled Northup's name wrong in two different ways. It appeared as
"Northrop" in the body of the article and "Northrup" in the headline.
"An article on Januray 20, 1853, recounting the story of Solomon
Northup, whose memoir '12 Years a Slave' became a movie 160 years later
that won the best picture Oscar at the 86th Academy Awards on Sunday
night, misspelled his surname as Northrop. And the headline misspelled
it as Northrup," the NYT correction said. The newspaper said the errors
came to light yesterday after a Twitter user pointed out the article in
The Times archives. '12 years a slave' set in pre-Civil War US is
based on the life of Northup, a free black man from upstate New York who
is abducted and sold into slavery. NYT said the errors
notwithstanding, "The Times described the article as 'a more complete
and authentic record than has yet appeared'." Actress Lupita Nyong'o
won the Oscar for Best Supporting Actress for her role in the movie.
Correlating the ups and down in the Indian rupee with the stock market, Vijay Bhambwani, CEO, bsplindia.com, suggests that if the rupee continues with its downward fall, the Indian stock market may fall breach October lows and fall further. “If the rupee falls below the 53.0-53.50 mark vis-a-vis the USD, expect a mini meltdown atleast in the equity markets. In that case, the 2250 level (on Nifty) will be breached easily to form a new low. The possibility of that low being below the 2000 levels on the Nifty spot is fairly high,” he says. Bhambwani supports his outlook by comparing the value of rupee at the time of October lows. “The October 2008 lows were made with the INR at 51.20 - 51.40 band. The rupee has breached the 52 level since then. Clearly the nation’s ‘share price’ (currency) indicates weakness. The curency market is a far more accurate barometer of the nation’s health compared to the equity indices. Whether you like it or not, we are under siege. Had it not been March (NAV ...
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