historical events

we all have been listening to Jugni-poetry or Jugni-music since our childhood. But who is this Jugni???? A woman, an instrument or an ornament. In reality, we do not find any significant meaning or mention of Jugni in Punjab history or folk memories. Modren Jugni Verses It is a mispronounced word by two illiterate singers of Punjab named Bishna Jatt and Manda Marassi. Both were from Majha region near Amritsar of earlier Punjab. They used to sing folk songs such as Mirza and Tappe with their classical instruments in local streets to earn their living. Back in 1906, when they were in their 50s, the British government took a flame in a big gold container across several countries and cities under the British rule to mark the 50th anniversary of Queen victoria's reign. According to oral histories, It was 'Jublie' which illiterate Bishna and Manda pronounced as 'Jugni'.The flame was taken to every district headquarter of states and district authorities were supposed to o...

Have you ever heard of Harshad Mehta: The big bull of the Indian stock market? if not heard,’ am sure you must have watched web series based on his life. Today let’s talk about Harshad Mehta and answer some questions such as why a web series has been made on his biography and how he gained so much popularity in no time.   Who was Harshad Mehta?? Harshad Mehta, a person who had shaken the stock market in the early 1990s belonged to a Gujarati family. He completed his schooling from Raipur, Madhya Pradesh. Later he moved to his home state Gujarat. He started his career as a clerk from the New India Assurance company. After a few years, he left the job and joined B.Ambalal broker due to his keen interest in the stock market, later he worked with J.L.Shah and Nandala Shethi. In 1984 he opened a company named ‘Grow more Research and Asset Management Company’ along with his brother and became a stockbroker on Bombay Stock Exchange, which did very well for him. He started investin...

You might have seen news headlines “Indian rupee falling” or “Rupee falls to Rs.65 against US dollar”. Have you ever wondered why rupee is falling? Who fixes the value of India rupee? Let’s us discuss in this post a brief history of Indian rupee against dollar from 1947 and also its main causes and effects. What is Devaluation? it refers to decline in the value of a currency with respect to other countries, which is most of the times brought by central bank. It should not be confused with term depreciation of currency which is decline in currency value due to market forces without interference of government. Devaluation means officially lowering the value of currency in terms of foreign currencies. There could be many motives of the devaluation. It stimulates exports of commodities. It restricts import demand for goods and services. It helps in creating a favourable balance of payments. Almost all the countries of the world have valued their currencies at one time or the othe...