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Showing category "modern facts" (Show all posts)

Harshad Mehta stock market scandal

Posted by VASUDEVA REDDY on Sunday, January 2, 2011, In : modern facts 

Before going to know what exactly the scandal is first one need to understand the government policies and economic situations at that time. That was the period of liberalization, the economists and the politicians were fighting on the liberalization issue. In the early 1990’s every bank in India had to maintain particular amount of their deposits in government bonds.  This ratio was called statutory liquid ratio (SLR). It can be calculated as total demand/total liability x100. The objective...


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First steps of Bhagat singh into freedom movement

Posted by VASUDEVA REDDY on Wednesday, November 24, 2010, In : modern facts 

In the year 1919, one of the tragic incidents in the worlds history happened that is “JALLIANWALA BAGH” tragedy. Bhagat singh was 12 years old at that time. He was very much disturbed by that incident. At the age of 13,  he decided to go with the freedom movement. He asked permission of his father Kishan singh, his father allowed him to take part in the freedom movement. First he fought against the foreign cloths and encouraged to use the khadi cloths, which was initiated by MK Gandhi.

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Did NEHRU rejected the permanent security council seat in UNO?

Posted by VASUDEVA REDDY on Tuesday, November 23, 2010, In : modern facts 

 

Very few people know that in 1955 the then US President Dwight David Eisenhower was caught in an unenviable situation of choosing between the People’s Republic of China under the Communist regime led by Mao Tse Tung and the then Formosa or the present Republic of China for a permanent seat at the UNSC. While Communist revolution was new and was beginning to find a firm footing in the Chinese mainland or the present People’s Republic of China, Washington’s blue-eyed boy Seng Kai Sek w...


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EAST INDIA COMPANY

Posted by VASUDEVA REDDY on Friday, November 19, 2010, In : modern facts 

The East India Company had the unusual distinction of ruling an entire country. Its origins were much humbler. On 31 December 1600, a group of merchants who had incorporated themselves into the East India Company were given monopoly privileges on all trade with the East Indies. The Company's ships first arrived in India, at the port of Surat, in 1608. Sir Thomas Roe reached the court of the Mughal Emperor, Jahangir, as the emissary of King James I in 1615, and gained for the British the right...


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A little known fact in india

Posted by VASUDEVA REDDY on Friday, October 22, 2010, In : modern facts 

Well, history is written based on the records which people have about these so called great people. It is important that everybody should know the reality..... .....may be after their death.
It's inevitable that the truth about them comes out after teir death because while alive they are so powerful that they would have killed the concern people. 
Let me elaborate my point: Do you know that still in India more than 50% people (I am talking about uneducated and some of educated) think that Indir...


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Lahore conspiracy case

Posted by VASUDEVA REDDY on Friday, October 22, 2010, In : modern facts 

The more one examines the proceedings of the Lahore Conspiracy Case, the more one is impressed by the subtle policy of Bhagat Singh and his comrades. The Lahore Conspiracy Case cost the Government very dearly, because by means of this very trial, Bhagat Singh and others achieved to a very great extent those very things which the Government dreaded so much.

As soon as the hunger strike was over and the proper trial was expected to begin, Bhagat Singh formed a small group of three members, nam...


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Could mahatma Gandhi saved the life of Bhagat singh

Posted by VASUDEVA REDDY on Friday, October 22, 2010, In : modern facts 


 

The chain of events started with the death of Lala Lajpat Rai while demonstrating against the Simon Commission. Lalaji was injured in a lathicharge; he died on November 17, 1928, probably owing to shock. This drew many youth closer to the conclusion that violence is the only means to fight the British. In fact, inspired by the success of the Bolshevik Revolution in Russia in 1917, many militant groups had been functioning in India. Bhagat Singh was a member of one such group called the Ghada...


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