Category: Economy

A Discourse Upon Coins by Bernardo Davanzati-1588

The Sun and Internal Heat do Separate, as it were by Distillation, the best juices and Substances in the Bowels of the Earth; which being percolated into proper Veins and Mines, and there congeal’d, grown solid, and ripen’d, they are in time made Metals: whereof the most rare and perfect are Gold and Silver, resembling the two great Luminaries of the World in Splendor and Colour. Fire nor Rust will not consume them; they are not subject to be destroy’d by Moths, Worms, or Rottenness; nor do they waste much by Use.

U.S President Biden imposes sanction in Response to Coup in Burma

Imposing new sanctions on military individuals and entities: Today, President Biden launched a new sanctions regime targeting the Burmese military and its leaders, as well as their business interests. The U.S. Department of the Treasury designated 10 individuals and three entities for their association with the military apparatus responsible for the coup. Among these individuals are six members of the National Defense and Security Council, including Commander-in-Chief of the Burmese military forces Min Aung Hlaing and Deputy Commander-in-Chief of the Burmese military forces Soe Win, as well as four members of the State Administration Council.

Indian PM Narendra Modi addressed at the World Economic Forum’s Davos Dialogue

Modi

Experts बताते हैं कि Industry 4.0 के चार मुख्य Factors होने वाले हैं-Connectivity, Automation, Artificial Intelligence या Machine Learning और Real-Time Data.आज भारत दुनिया के उन देशों में से है जहां सबसे सस्ता डेटा उपलब्ध है, जहां के दूर-दराज क्षेत्रों में भी mobile connectivity है, smart phone है। भारत का automation, design का expert pool भी बहुत बड़ा है और ज़्यादातर Global कंपनियों के इंजीनियरिंग सेंटर भी भारत में हैं। Artificial Intelligenceऔर Machine Learning में भारत के software engineers, बरसों से अपनी क्षमता से दुनिया को अवगत करा रहे हैं।

Exchange Rates Notification-Govt of India-20/08/2020

EXCHANGE RATE-In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.69/2020-Customs(N.T.), dated 6th August, 2020 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 21st August, 2020,

Understanding Money- in Marx’s Capital

Understanding Marx’s Capital: Today we see the logical conclusion of this process: not only have coins of gold and silver been replaced by less precious metals; not only have coins themselves been replaced by paper notes; but now we represent money as mere digital information – as numbers on a screen. No longer is there a need for physical tokens of value to exchange hands; instead we have electronic bank transfers.

Enhancing Economic Engagement with Diaspora in and post Covid-19 world-Sanjay Bhattacharyya

The idea behind self-reliance or Aatmanirbharta is not to turn the country inwards, or into an isolationist country, but to the contrary, it is to ensure that India can emerge as the global nerve centre of the complex modern multinational supply chains. As External Affairs Minister Dr. S. Jaishankar noted: “Foreign policy begins at home. A strong economy allows us to be heard in the world. A self-reliant India will have more to offer to the world”.

A short view of the state of Ireland- Jonathan Swift-1740

I would be glad to know by what secret method it is that we grow a rich and flourishing people, without liberty, trade, manufactures, inhabitants, money, or the privilege of coining without industry, labour or improvement of lands, and with more than half of the rent and profits of the whole Kingdom, annually exported, for which we receive not a single farthing

A proposal to pay off the debt of the nation – Jonathan Swift 1740

A bishop’s lease for the full term, is reckoned to be worth eleven years’ purchase, but if we take the bishops round, I suppose, there may be four years of each lease elapsed, and many of the bishops being well stricken in years, I cannot think their lives round to be worth more than seven years’ purchase; so that the purchasers may very well afford fifteen years’ purchase for the reversion, especially by one great additional advantage, which I shall soon mention.