Skip to main content

Posts

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...
4 comments
Read more

Popular posts from this blog

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. 💡                                                             ...
4 comments
Read more

The Impact of Artificial Intelligence (A.I.): Envisioning a Transformed Society

A.I. is already making an impact on all the lives of people, Here are a few thoughts on the future human with A.I   1. Empowering Local Governments and Fiscal Responsibility Artificial Intelligence (A.I.) has already brought forth substantial changes, leading to increased wealth and financial gains. However, its potential impact goes beyond that. One of the most notable transformations could be the formation of productive small Local Governments, empowering communities at the grassroots level. These empowered local authorities can foster fiscal responsibility, ensuring efficient allocation of resources for the betterment of society. 2. Promoting Social Tolerance and Quality of Freedom of Speech A.I. stands as a potential agent of positive change in fostering social tolerance and promoting understanding and acceptance among diverse groups. By analyzing vast datasets, A.I. can help bridge the gaps between different communities, fostering a more cohesive society. Additionally, A....
Post a Comment
Read more

Know your Garden Microbes : Nostoc

  Know your Garden Microbes : Nostoc  As gardeners, we often focus on the macro aspects of our garden such as the plants, trees, and shrubs. But, what about the tiny microbes that play a vital role in the health of our gardens? Today, we are going to focus on a particular type of bacteria that is often overlooked: Nostoc. What is Nostoc? N ostoc is  a jelly-like microorganism commonly found growing on soggy lawns. While the discovery of the creature might be frightening for some gardeners, it poses no threat to plants or animals in the environment. Because the Nostoc grows in places where grass does not, it is likely to fill in any gaps left by the grass. Evidence of an imbalance in the ratio of fungus to bacteria can be easily identified.  Figure 1: Nostoc Growing in the Garden. It was once believed that these strange-looking masses of matter came from the dust of shooting stars, which gave rise to the nicknames star jelly, star shot, and star slime beca...
1 comment
Read more