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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...

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Watered fermented fenugreek: How it impacts cow dung bricks

🤔 Yes, it's possible that fermented fenugreek mixed with water could increase the rate of the chemical reaction between lime and cow dung material. When fenugreek is fermented, it produces organic acids such as acetic acid and lactic acid, which can act as catalysts and lower the activation energy required for the reaction. Additionally, the fermentation process can produce carbon dioxide gas (CO2), which can react with lime to form calcium carbonate (CaCO3), strengthening the final material. However, it's important to note that the exact effect of fermented fenugreek on the properties of cow dung brick would depend on the specific conditions and concentrations used. Further research and testing would be needed to fully understand its effects. 💡                                                             ...

Engineering Love and Peace: A Necessity in Today's Society

Introduction Today riots in Haryana are going on ... Why is there always so much negative news ?! Clearly, It is an undeniable fact that some unidentified miscreants likely engineered and masterminded the violence. While we acknowledge that violence can be engineered, we must also question why it is so challenging to engineer love and peace in our society.  In this article, we delve into the importance of promoting love and peace, explore the obstacles in achieving this and present examples of efforts to foster harmony amidst the chaos. The Power of Love and Peace Love and peace are not just abstract concepts; they hold immense power in transforming societies. Love has the potential to bind people together, foster empathy, and promote compassion. It cultivates an environment of understanding and acceptance, enabling communities to thrive. Peace, on the other hand, allows for stability and prosperity, giving individuals the freedom to pursue their dreams and ambitions without fear....

The Road to True Progress: Reframing the Narrative of India's Transformation

 In the midst of the incessant reverberations of religious, ideological, and political affiliations, the true essence of nation-building often becomes distorted. For India, a country rich in diversity and potential, this cacophony can result in the misalignment of citizens' understanding of progress. A considerable fraction of society finds itself engulfed in a labyrinth of misleading dialogues: The relentless debates over the supremacy of one political faction over another often consume valuable intellectual bandwidth. Instead of thoughtful discourse on policies and their impacts, discussions are often reduced to partisan squabbles, much like a never-ending game of chess with no definitive victory. A blind endorsement of extreme capitalism, often masked as nationalism, also blurs the boundaries of socioeconomic development.  Large corporations, although significant contributors to the economy, can inadvertently create monopolistic markets if unchecked. It's akin to appreciati...