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Showing posts with the label Harshad Mehta Scandal

Why my parent stay away from stock markets

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...

Navigating the Material Challenges of Cow Dung Brick Making

Material Challenges of Cow Dung Brick Making “From finding suitable binders to selecting the right stabilisers, making high-quality cow dung bricks requires overcoming a host of material challenges” Making cow dung bricks 🐄🧱 can be a sustainable and eco-friendly alternative to traditional building materials. However, there are several 🤔 challenges associated with the production of these bricks that need to be addressed for them to be used in construction. In this article, we will discuss the challenges related to binder, micro...

The Three Ingredient Cow Dung Brick Formula

Cow Dung Brick Formula 🐮 The Three Ingredient Cow Dung Brick Formula: Lime, Straw, and Gobar 🏠 Cow dung has been used as a traditional building material in India for centuries. They are an eco-friendly 🍃 and affordable 💰 alternative to conventional bricks, made from clay and cement. Cow dung is abundant in rural India, and its use in brick-making provides a sustainable and cost-effective solution to meet the building needs of rural communities. The addition of lime and straw to cow dung helps to improve the strength and durability of the bricks, making them suitable for various applications. In this article, we will explore the three-ingredient cow dung brick recipe, which includes lime, straw, and gobar, and how to tinker 🔧 with the recipe to arrive at the perfect mix. 🎯 The Three-Ingredient Cow Dung Brick Formula: The three-ingredient cow dung brick recipe includes cow dung, lime, and straw. Cow dung is used as the prima...

Embracing the Analog: The Power of Pen and Paper in a Digital World

Many moons ago, while grappling with some intricate technical conundrum, I was struck by a profound realization: my abilities were inadequate. Inadequate to fulfill my ambitions and chart my course in the technical sphere. Perhaps, I was then in the throes of the impostor syndrome. However, that was the catalyst for the journey of self-discovery and growth that followed. Over the years, I have faced many trials and tribulations as a freelancer, and occasionally, as an entrepreneur. In that time, I have progressed from being an ingénue to a jaded veteran. The passage of time has taught me to navigate unknown territory, ambiguous situations, and probabilistic outcomes. Here are three strategies that I have developed to surmount these challenges: The Dual Desk Approach: I maintain two separate workstations - a digital desk equipped ...