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Fentanyl drug a headache for developed nations

 Fentanyl: A Powerful but Dangerous Drug Fentanyl is a powerful synthetic opioid drug that is often used to treat severe pain. It is a Schedule II controlled substance, which means that it has a high potential for abuse and dependence. Despite its effectiveness in treating pain, fentanyl can be extremely dangerous and even deadly if used improperly. Uses of Fentanyl Fentanyl is primarily used to manage severe pain, particularly in patients who are undergoing surgery or who are experiencing chronic pain due to cancer or other serious medical conditions. It can also be used as a part of anesthesia for surgical procedures. Fentanyl is available in several different forms, including transdermal patches, lozenges, and injectable solutions. Demerits of Fentanyl The main danger of fentanyl is its potential for abuse and overdose. Fentanyl is a highly potent drug, up to 100 times more potent than morphine. It can cause a rapid onset of sedation, respiratory depression, and even coma or dea...

Sri Lanka Crisis 2022

 Srilanka Crisis 2022 Back drop Srilanka gained its independence from British power in 1948. And was doing well in terms of economic and social indicators. But during 1970s, the situation went under change; armed revolt was seen against the government which was consider to be pro USSR. In year 1977, a new government was seen at Srilanka which was tilled towards western world. During the period of 1970s, Srilanka adopted the Economic liberalisation in line with IMF and World Bank model - leading to deregulation, privatisation and opening the market for international players. This led to failure of local players and especially the local farmers. As per the data’s available, the economy fall was seen during 1970-80s. As the economy was not unpredictable, IMF suggested Structural Adjustment Program to Srilanka; leading to loan supplies for bringing back economy on track. During 1980s, the nation saw a civil war that lasted for nearly 25 years. Making the nation suffer worst...

India Cryptocurrency Index Launched

India Cryptocurrency Index Launched India has first time launched its own index on Crypto named as “IC15” .   What is Index?  A record that is used to keep and maintain values of somethings like share, stocks, comparative value. In this case its its used like stock and share market.    India has already Bombay Stock Index and national Stock Exchange which records and keeps an eye on equities and companies. But India has now is own crypto index that will monitor the performance of 15 most traded cryptocurrencies that are listed on crypto exchanges globally.   The IC15 index has been launched by global crypto app that will serve as benchmark on digital platform and soon to give varied representation across the increasingly varied crypto market.   This is help investors in tracking the value of a group of crypto currencies than investing in any one particular and taking risk. Investors can avoid risk of investing in any one crypto curre...

PM JIVAN Scheme Ethanol Blending Program

Government of India has lowered GST for Ethanol meant for blending purpose under Ethanol Blending Program to 5% from earlier 18%. As per the national policy on Biofuel 2018, government has set target of 20% blending of petrol by 2030.  NITI Aayog, think tank of India in collaboration with Ministry of Petroleum & Natural Gas has prepared a roadmap for ethanol blending in India 2020-2025. Inorder to make the program outcome a success, a scheme named PM JIVAN yojana has been launch ( Pradhanmantri Jaiv Indhan Vatavaran Anukool Fasal Awashesh Nivaran) The scheme emphasis on usage of lignocellulosic biomass and other renewable resources as biofuel.  Generations of Ethanol 1st Generation- Edible biomass (Sugarbeet, Sugarcan, Wheat, Corns) 2nd Generation- Non Edible biomass (wood, straw, grass, waste from agricultural) 3rd Generation- Algal biomass (Macro algae & micro algae) 4th Generation- break through methods (pyrolysis, solar to fuel, gasification, engineered algae) As p...

Fundamentals all about IPO

What is an IPO ? IPO stands for Initial Public Offering. It is basically a company raising funds from market or public.  IPO is basically a starting process or we can say, when for the first time a company is about to ask money from public inorder to execute its own business plans or to grow.  How do Company raise funds? A company can ask for funds from market or public by selling its share to public. When a new company sells it's shares for the first time to raise funds, we call it as IPO or Initial Public Offering of shares by X, Y, Z company to accumulate funds from market or public. Why do company need this ? Basically, a company need this tool to raise funds inorder to expand business or the services it offers or inorder to pay back it's long standing expenses. Many companies sells shares to public to monetize their current shareholders investment to accumulate funds. This process brings back required funds to company and they can execute their plans or expand business. H...

Assam Manohari Gold Tea sold at One Lakh per Kilo

Assam Manohari Gold Tea sold at One Lakh per Kilo Tea is used as a common drink for refreshment or minor celebration of gathering. India is second largest producer of tea in world and largest consumer of tea, consuming 30% of global output.  Even Ayurveda has tradition of herbal teas made using plant leaves or spices. The popularity was seen with British East India company making it as a trade item.  Assam is considered to be one among best tea producing state in India along with states like West Bengal, Tamilnadu and Kerela. Manohari Gold Tea, considered to be a rare variety of tea found in Assam has broken its own record during an auction at Guwahati Tea Auction Centre.  In the year 2020, the tea was sold at Rs 75,000 per kilogram and in this year auction the Manohari Gold tea was sold at Rs 99,999 per kilogram; just about rupees one lakh per kilogram. Thus becoming most expensive tea sold at auction in India. Suntok tea company, which owns the tea estate gives the uniq...

Privatisation a step ahead : Neelanchal Ispat and Central Bank

What is Privatisation ? The transfer of publicly owned or operated means of production to private ownership or operation towards effective management subject to the discipline of the market and it's efficiency. After successful sale of loss making airline Air India, Government of India has also agreed to sale of Central Electronics LTD (CEL) which was a government owned engineering company in the manufacturing of photovoltaic cells. Now, the government is about the close the deals of privatisation for Bharat Earth Movers Ltd, Neelanchal Ispat, Pawan Hans and Shipping Corporation of India. As stated by officials DIPAM (Department of Investment & Public Assets Management) is working on many prospective proposals and transactions to close the deals. Even the banks like Central Bank of Inda and Indian Overseas are opted for privatisation but for that government needs to have legislative changes in the parliament which is waiting. Whereas many other companies and banks are in queue ...

VISA Inc complain about India : RuPay

VISA Inc complain about India  Credit and debit cards have already gained popularity all over world as easy payment procedures. In India, the Card acceptance has seen a wide growth in last few years when Government of India came up with the scheme of Jan Dhan Yojana. The scheme made every person owner of a bank account where no minimum balance was mandate and gave debit card in hands of people to use money wisely and effectively. Cards are that are issued by various banks like SBI, HDFC, PNB, ICICI, etc uses the services of network providers like VISA, MasterCard, RuPay, etc. Banks are known as Card Issuer whereas card network is controlled by many players of network providers. They act as a bridge between bank's and the merchant's.  Network carries the customer information from the point of sale machine to bank servers, which validates and approves the request of specified account holder to pass the payment of every individual customer. As a result the transaction between ban...

30 SMALL SUCCESSFUL BUSINESS IDEAS 2021

30 SMALL SUCCESSFUL BUSINESS IDEAS  Post covid 19 pandemic many people all over the world and specially in developing countries like India have developed own small successful business ideas like  1. Food Truck : low investment and less manpower 2. Bakery: Home made and online delivery is a new keystone 3. Icecream customisation: Homemakers have new taste of delicious icecream flavour customisations. 4. Home food delivery: small investment and manpower management tricks could make you winner 5. Web designer: zero investment and self talent can boost your money making 6. Interior designer: own skills and innovative ideas for success 7. Homestay business: Hospitality can make you rich 8. Home decor: lend your ideas and creative to decor the place  9. Event planning: sit and plan the spl days for others and earn money 10. Fast food joints: create a hang out place around the corner and build money as desired 11. Pet business: pet lovers and earn through love and care 12. Conte...

Insolvency and Bankruptcy Code (IBC) What, How & Why amendment

Insolvency and Bankruptcy Code (IBC) | What, How & Why amendment The Insolvency and Bankruptcy Code (IBC) which improved the credit ethos in the country and ensure corporate rescue further dynamic is all set towards another makeover. Top bureaucrats of Finance Ministry and Corporate Affairs Ministry and regulator IBBI are working out collectively the next set of amendments to the IBC. What is insolvency? When an individual or companies are unable to repay their outstanding debt.   What is Bankruptcy? When a court has declared a person or other entity insolvent, having passed appropriate orders to resolve and protect the rights of creditors. It's a lawful declaration of one's inability to return debts. IBC came to force in May 2016 as the former legal organization under the Board for Industrial and Financial Reconstruction (BIFR) was much mistreated by shareholders of defunct companies to keep lenders from taking recovery action. It showed that defaulters will not on...

PM Modi chairs High Level Meeting over Crypto Currencies

PM Modi chairs High Level Meeting over Crypto Currencies Crypto currency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many crypto currencies are decentralised network based on block chain technology - a distributed ledger enforced by a disparate network of computers. A defining feature of crypto currency is that they are generally not issued by any central authority rendering them theoretically immune to government interference or manipulation. PM Modi on 13th November 2021 chaired a high level meeting on crypto currencies and other related issues. Many other higher officials from the Reserve Bank of India, Finance Ministry, The Securities and exchange Board of India were present as a part of the meeting. In the past one decade or so, private digital currencies/ virtual currencies/ crypto currencies have gained popularity. Here, regulators and government have been sceptical about these currencies and ...

Electric car demand - इलेक्ट्रिक कारों की मांग

 इलेक्ट्रिक कारों की मांग  पिछले कुछ वर्षों में आप देखेंगे कि इलेक्ट्रिक कारों की मांग में उल्लेखनीय वृद्धि हुई है।  वास्तव में, अधिक से अधिक लोग अब अपनी पुरानी गैसोलीन से चलने वाली कार और गो इलेक्ट्रिक को बेचने पर विचार कर रहे हैं।  और, ऐसे लोग हैं जो अब इलेक्ट्रिक कारों के मालिक और ड्राइवर हैं।  तो, इलेक्ट्रिक कारों के साथ ऐसा क्या है कि बहुत सारे लोग अब अपने लिए एक खरीद रहे हैं और आसानी से पारंपरिक गैसोलीन से चलने वाली कारों की जगह ले रहे हैं?  सबसे पहले, आपको यह विचार करना होगा कि पारंपरिक कारों की तुलना में इलेक्ट्रिक कारें अधिक महंगी हैं।  यह धीमी भी है और पारंपरिक गैसोलीन से चलने वाली कारों की तुलना में इलेक्ट्रिक कारें भी आकार में छोटी होती हैं।  और, हालांकि यह मामला है, फिर भी बहुत से लोग गैसोलीन से चलने वाली कारों पर इलेक्ट्रिक कारों को पसंद करते हैं।  इस तथ्य का सबसे लोकप्रिय कारण यह है कि इलेक्ट्रिक कारें गैसोलीन से चलने वाली कारों की तुलना में बहुत सस्ती हैं।  क्यों?  हालांकि इलेक्ट्रिक कारों को बाजार से खरीदना अधिक महं...