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...
Build a greener future with biochar and lime-infused cow dung bricks If you're looking for an eco-friendly and sustainable way to build, consider making cow dung bricks. Not only are they a low-cost alternative to traditional fired clay bricks, but they also use waste materials like cow dung and biochar. Biochar is a charcoal-like substance that is made by burning organic materials in the absence of oxygen. It is a byproduct of biomass pyrolysis, a process that turns plant waste into energy. Biochar is known for its high carbon content, which makes it an excellent soil amendment and a potential solution to reducing greenhouse gas emissions. To make cow dung bricks with biochar, you will need the following materials: 1) Cow dung 2) Biochar 3) Lime or Chona 4) Methi water (Water fermented with fenugreek seeds) Here's a step-by-step guide on how to make cow dung bricks using these materials: Mix the cow dung with biochar and lime in a 2...