Skip to main content

Posts

SCAM 1992: The Story of ‘BIG BULL’

The scam 1992 is the largest scam in the history of indian stock market. It was a market manipulation carried out by Harshad shantilal Mehta with other bankers on BSE (Bombay stock exchange). The scam caused significant disruption to the Indian stock market.         Harshad Mehta born in a ordinary middle class family, on the year 1954 in rajkot, Gujarat. At the age of 22(1954) he completed his b.com in 1976 from lala lajpatrai college, mumbai. In the year of 23 he had a dream to be rich and live a luxury life, so he found a way, that was stock market. Because he knew that, investing stock market made a lot of people rich, but he didn't have the money for investing stocks, so he joined in a stock market broking firm as a jobber, and he used his canvasing skill and brain to best for this job. He made profit for the firm, and also he learned about stock marketing and he made many connections with bankers, and companies. At the age of 30 (1984) he started his own stock ...

High fuel prices: What is the solution?

Oil prices are punching a hole in consumers’ pockets but the government doesn’t seem keen on stopping the upward spiral *On July 1, petrol was delivered at pumps for Rs 39.30 per litre. This precisely was the price charged to dealers but consumers have ended up paying over Rs 100 per litre for petrol for a long time. *Similar is the case with diesel. While at pumps it is delivered at Rs 41.74 a litre. Many states have earned the distinction of diesel crossing the psychological mark of Rs 100 for a litre. *Taxes that the Centre and states separately levy on the two fuels. It is almost 60% on the landed fuel at pumps. In case of some states, it is even more * India levies one of the highest taxes on petrol and diesel in the world. The revenue generated by transport fuels, for both the Centre and states, is so much that none of them appear too keen to bring these in the ambit of the Goods and Services Tax (GST). For example, the excise duty from petroleum products contributes up to 90% of...

Gita Gopinath to head of IMF

Gita Gopinath to become first deputy managing director of International Monetary Fund (IMF). Gita Gopinath will take over from Geoffrey Okamoto, who is currently in charge, in the event of his resignation early next year.  Gita Gopinath is currently the chief Economist of the IMF. She is the first women to hold this position. Gita who took over in October 2018, was due to return to her parent company, Harvard University, next journey. She is professor of International Studies in Harvard Economics.  Gita Gopinath is the daughter of T. V. Gopinath and Vijayalakshmi from Kannur. For some time, Gita Gopinath was the Financial advisor to Chief Minister Pinarayi Vijayan.  She has authored numerous research articles on Exchange rate, trade and investment, International financial crises, Monetary policy, debt and emerging market crises. She has also served the Co-director of International finance and macro economics program at National Bureau of Economic Research (NBER). She also...

History of Air India:- Tata to Tata

Air India has its origin as Tata Air services later renamed to Tata Airlines founded by J.R.D Tata of Tata sons, an Indian aviator and business tycoon. In April 1932, Tata won a contract to carry mail for Imperial Airways and the aviation department of Tata Sons was formed with two single-engine de Havilland Puss moths. on 15th October 1932, Tata flew a puss moth carrying air mail from Karachi to Bombay and the aircraft continued to madras piloted by Nevil Vincent, a former Royal Air force pilot and friend of Tata. In its first year of operation, the airline flew 16,000 miles carrying 156 Passengers and 9.72 tonnes of mail and made a profit of Rs.60,000. During the second world war, the airline helped the Royal Air force with troop movements, shipping of supplies, the rescue of refugees and maintenance of Aircraft. After world war was regulated commercial service was restored in India and Tata Airlines became a public limited company on 29 July 1946. under The name of Air India. After ...

മുറിഞ്ഞു പോയ സൗഹൃദങ്ങൾ

മുറ്റത്തെ മാവിൻ ചുവട്ടിൽ മെല്ലെ ഞെട്ടറ്റു വീണയിലകൾ   നോക്കിയിരിക്കവെ,  എന്നിലൂടെന്തോ തടഞ്ഞു പോയൊരു വിങ്ങലിലൂടെ അതെ !  ഞെട്ടറ്റു വീണ എൻ സൗഹൃദങ്ങൾ..! ഓർക്കുന്നു എൻ പ്രിയ വിദ്യാലയ വരാന്തയിൽ ഓടിക്കയറിയതു മോടിയൊളിച്ചതും കൊറോണ തൻ ഭീകര കൊലപാതകങ്ങൾക്കിടയിലൂടെൻ  പഠിപ്പുര വരാന്തകളകലെയായി സൗഹൃദങ്ങൾ മെല്ലെ മുറിഞ്ഞു പോയി... എന്തോ തിരഞ്ഞെടുക്കുന്നിതെൻ ഹൃദയം മെല്ലെ, ഉയർത്തുകയാണെൻ സൗഹൃദ പുഷ്പങ്ങളെ..! അന്നാ ചിരിയിലറിഞ്ഞില്ലാ നമ്മളകലുകയാണെന്ന് ദൂരേക്കകലുകയാണെന്ന്  ഇന്നിതാ അകലുകയാണാ സൗഹൃദവും അരികെയാണാ ഭീകരനും... അന്ന് പിണങ്ങിയതും ഓടിയൊളിച്ചതും ഓർത്തു പോകുന്നു മെല്ലെ മനസ്സിൻ സൗഹൃദത്താളിൽ.. ക്ലാസിലന്നെഴുന്നേറ്റു നിന്നതും അടിവാങ്ങി കുതറിയതും  ഒരു ചിരിയിലൂടങ്ങ് ഓർത്തു പോകുന്നിതാ വീണ്ടുമീ മാവിൻ ചോട്ടിൽ.. ഓൺലൈൻ ക്ലാസ് മുറി  ഓർമ്മകളാൽ അർത്ഥശൂന്യം! മുറ്റത്തെ മാവിലകളോരോന്നായ് കൊഴിയും പോൽ മുറിഞ്ഞു പോയെൻ പ്രിയ സൗഹൃദങ്ങളെവിടെയോ മഹാമാരി തൻ വരവാൽ ദാരുണ കൃത്യങ്ങളാൽ.. എങ്കിലും കൂട്ടരെ ചൊല്ലുകയായ് വീണ്ടും എഴുതുകയായ് വീണ്ടും നമ്മളിനിയുമൊന്നിക്കും...! Adithya  I B Com Finance

It all starts with us.........

 Everything that lives on earth comes under the environment including air-water, sunlight, plants animals, etc. Moreover, the earth is considered the only planet in the universe that supports life. The environment can be understood as the blanket that keeps life on the planet.  We truly cannot understand the real worth of the environment till now. But we can estimate some of its importance that can help us understand its importance. It plays a vital role in keeping living things healthy in the environment. Likewise, it maintains the ecological balance that will keep a check on life on earth. All we have to do is not ruining the ecological system by polluting air water and land.. nowadays machinery and factories are increasing day by day because of the population.. all we can do is have to try maximum work eco-friendly. It all starts with us. Just remember that our environment is the source of natural beauty and necessary for maintaining physical and mental health.   ...

Overcome and Acquire

 Everyone have their own dreams,but how many of them succeeded their dreams? There is a girl who named Neena. She was 18 years old born in a middle class family.Her father was a business man and mother was a house wife.And she have two younger sisters .She is very good in studies and she want to become a successful entrepreneur. A small happy family.One day asusual her father came back from his office.He was not happy because his business was going like a sinking boat.He lends money from many people.He don't know how to give back their money.He worried about his family.He decided to leave the world.He didn't tell them about this.At that night everyone sit around the dining table and eat their dinner.      Next day morning her father go to his office.After sometime the phone bells Neena's mother took the phone and she heard that her husband were died.She shocked she fall down....   After some days they leave their home.She don't know what to do with her children....