The previous generation, our parents, often shied away from investing in the stock markets. Their apprehension was not unfounded, given the financial scandals and economic crises that have rocked the investment world over the years. Here's a closer look at some of these events and their implications: 1. The 1992 Harshad Mehta Scandal: In 1992, (I was in class 12) the Indian stock market was hit by a colossal scam orchestrated by Harshad Mehta, amounting to 4000 Crore. This scandal caused the stock market to plummet by more than 50%, shaking investor confidence to its core. Example: Imagine an investor who had put their life savings into the stock market before the crash. The value of their investment would have halved almost overnight, causing significant financial distress. In response to this scandal, the Indian government passed the Securities Laws (Amendments) Act in 1995, granting the Securities and Exchange Board of India (SEBI) the authority to regulate depositories, Foreig...
Intricacies of the Relationship Explored Pakistan and India share a rich yet intricate history that has spanned decades. These two nations have been entwined in a rivalry characterized by animosity and tension. The origins of this animosity lie deep within the historical narratives of both countries. In the modern era, the propagation of misinformation and propaganda, primarily through social media and other digital avenues, has fueled and intensified this antagonistic sentiment. Propaganda's Disturbing Consequences: Impact on Youth and Society The most disconcerting aspect of this propaganda is its influence on the younger generation. Pakistani children, from a tender age, are exposed to content that portrays India and its people in a negative light. These messages are carefully crafted to demonize India and those who follow religions different from Islam. This deliberate manipulation plants seeds of enmity and hostility within impressionable minds, fostering a ...