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When A Fruit Seller Committed A Scam Of 32000 Crore Rupees

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The stamp paper scam was a counterfeit stamp paper scam carried out by Abdul Karim   Telgi. It is considered one of the biggest scam in India. The Special Investigation Team of India had estimated the size of this scam at a mind-blowing sum of Rs 20000 crore in 2003, adjusting inflation the scam would be around Rs 65000 crores in today’s value of money. What is stamp paper? Traditional stamp paper or non-judicial stamp paper is used for sale deeds, transfer of immovable property, affidavits, agreements, deeds, wills, foreign bills, broker’s note,   insurance policy, share transfer certificate, etc. for executing the said documents in States across India. It is issued by the Government and usually carries a stamp paper value of Rs.10, Rs.20, Rs.50, Rs.100, Rs.500, or more. Background of Abdul Telgi Abdul Karim Telgi was a son of a class 4 railway officer. He was born and brought up in Khanapur which is located in Belgaon district of Karnataka. His father died when he was only
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All About Artificial Intelligence

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The use of AI has been growing exponentially in the past decade. It is already a big part of our life which we tend to generally look over, for example when you searched for this article there must have been some kind of AI to show the best results or when you use any filters to click pictures or when you use face recognition to unlock your smartphone. After the Wheel AI has the potential to be the biggest Technological breakthrough in Human history. It has the potential to change the future in pretty unimaginable ways despite that we'll try to delve into it a little more today. What is AI? We must first consider existing AI technology before we can dream about the future. The ultimate goal of AI is to provide machines with intelligence similar to that which humans and other animals possess. “The ability of a digital computer or computer-controlled robots to perform tasks commonly associated with intelligent beings” defines Britannica. The ability of AI algorithms to learn from
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Depression And Suicidality - Causation, Symptoms and Treatment

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The current economic cost of depression in only the United States is estimated to be $30-44 billion a year. Depression impacts others who care about the ill person, sometimes disrupting family ties or work dynamics between the patient and others, in addition to causing significant pain and suffering that interferes with individual functioning. As a result, the human toll in terms of suffering cannot be overstated.   Two-thirds of persons with depression are unaware that they have a treatable condition and refuse to seek help. Only 50% of people diagnosed with serious depression receive any form of treatment. More concerning, a big Canadian study found that 48 percent of patients with suicidal ideation and 24 percent of those who attempted suicide did not receive care or even recognise the need for therapy.   The public's persistent ignorance about depression, as well as some health providers' blatant misperceptions of the disease as a personal weakness or failing that c
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Impact Of GST On Indian Economy

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  The implication of GST was the most significant tax reform in India's independent history. In this case, the government combined all indirect taxes into one. In India, the Goods and Service Tax (GST) was adopted to implement the "one nation, one tax" concept. GST is a destination-based tax applied on the consumption of goods and services across the country, thereby transforming the country into a single market. A destination-based tax is one that is imposed in the state where the products or services are consumed rather than in the state where they are produced.   GST's Positive Impacts   ·        The elimination of interstate checkpoints built to impose taxes on cross-border transactions is the most major benefit of GST. This has helped to remove barriers to goods movement across states and contributes to the creation of a national common market. The estimated long-distance journey time for goods transportation has decreased by over 20%. ·        The ch
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Cognitive Skills - Defination, Stages And Its Importance For Children

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What Are Cognitive Skills?   Cognitive abilities are the tools we employ to intellectually evaluate our surroundings. These abilities are utilised to do all tasks, from the simplest to the most difficult. These nueral connections are related to how we –              ·        Attention and response ·        Language learning ·        Memory ·        Thinking ·        Information processing ·        Problem-solving ·        Simple reasoning ·        Understanding cause and effect ·        Pattern recognition   C ognitive development can be compared to a child’s air traffic control tower – taking in information and processing it on a daily basis with intent and purpose. Processing Speed is an overarching cognitive talent that has to deal with other cognitive talents. It is the rate at which your brain operates when given tasks.     Illustration by Joshua Seong, Verywell Stages Of Cognitive Development In 1952, Swiss researcher Jean Piaget proposed t
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India-US Relations Post Cold War

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  India and the US hasn’t always been an ally. In fact, it has been a bit of a rocky relationship. India followed the policy of non-alignment movement which suggests that India along with other developing countries like Egypt and Yugoslavia will not align themselves with any of the major political power bloc. But during the 1971 Indo Pak war, the US sided with Pakistan. The Pakistani ties with China and the US threatened India's position and she realized that being friendless isn’t a very great idea in a world which only works for self-interest and power hence she signed a 20-year defense treaty with the USSR, further deteriorating US India relationship. In the year 1991, the finance minister of India Dr. Manmohan Singh under the leadership of PM PV Narshimha Rao introduces the policy of LPG i.e., liberalization, privatization, and globalization, and opened up Indian markets for foreign competition which acted as a catalyst for the economic growth of India the following decades.
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Blockchain - What, How And Much More

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  Blockchain is a very new and not very well understood topic, with the recent hype came many myths and misconceptions about the topic. The most widespread misconception is that blockchain refers to bitcoin or that blockchain is primarily used in finance. This is due to the fact that most people are not well-informed about it, and it may be confusing at times. However, we'll discuss blockchain in layman's terms today.   What Is Blockchain?   When a transaction occurs, several entries in a ledger are made, one in the sender's books, one in the receiver's books, and another in a single or many central third party institutions that validates the transaction. For example, if you want to send $100 to a friend in Somalia, you must update the transaction details in both your and your friend's ledgers. The problem is that there are many other ledgers owned by banks and other financial institutions between you and your friend, and each of these ledgers must be updat
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