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...

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. 💡                                                             ...

The Power of Reflecting back: How it can Improve Your Thought Process

Yes , my reflections on my own life ...  The adage "age is just a number" is frequently used to characterise people who have achieved much in life despite their elderly years. 🎉 I take comfort in this proverb as I approach my midlife crisis; it serves as a constant reminder that I am not limited by my chronological age. ⏳ I've spent a lot of time thinking and reflecting on how to improve my actions and routines over the course of my life. 💭 While I have had some success in this area, I estimate that 80-90% of my deliberate endeavours have failed. 😔 I've been unable to find happiness in life due to several undesirable behaviours and characteristics of my own. After giving it some thought, I've come up with a few causes for my difficulties. My inability to get things done quickly, for example, is due in large part to my lack of self-discipline and procrastination. 🤦‍♀️ The fact that I'm too chicken to explore traditional things has also stunted my developmen...

Decoding the Strength of Passports: Exploring India's Standing

Delving into the Enigma of Passport Rankings Yes, there are Intriguing Disparities: India, Ghana, and Mongolia.. Have you ever pondered the intriguing fact that India's passport is notably less potent than those of Ghana and Mongolia? To unravel this enigma, one must traverse the realms of global passport rankings, migration trends, and the underlying factors influencing these standings. The Henley Passport Index 2023: A Glimpse of Realities Let's begin by examining the authoritative Henley Passport Index 2023, a definitive yardstick for passport strength. As per its findings, India secures the 80th position, Ghana clinches the 68th spot, and Mongolia triumphs at 67th place. These rankings bear witness to the disparity in visa-free access offered by these passports. Precisely delineated, Indian passport holders can traverse borders sans visa in 57 countries, while their Ghanaian counterparts enjoy access to 67 countries, and Mongolian passport holders revel in visa-free entry t...