I am the only son of my rich parents. I have all the comforts about me. I have a number of servants to attend on me and carry out my wishes I wear the very best and eat the daintiest dishes. I am leading a truly luxurious life. I command the love of my parents.
Science has dazzled humanity. It has turned impossibilities into possibilities. Time and distance have been killed. Agriculture has been considerably mechanized. There is remarkable development of industry.
Books are our never failing friends. Our worldly friends desert us but they never desert us. They are our best friends, philosophers and guides. Friends are plenty when the purse is full but fair-weather friends fall off in adversity. Books, like a true friend stand by us through thick and thin. They uphold and encourage us when we feel sad and despondent.
India enjoys a vigorous and vibrant civil society and one of the freest media in South Asia. Both have played an important role in placing corruption on the national agenda.
Commercial bills and treasury bills are the two main financial instruments in which the London money market deals. Hence the money market is composed of two sub-markets: (a) Commercial bill market and (b) Treasury bill market. In what follows is discussed the structure, working and the historical changes of the London money market.
The London money market and the New York money market are among the leading international money markets of the world. Though the general functions of these two money markets are broadly the same, they differ considerably in the development of institutions and instruments and in the mode of operations.
Japan first came in contact with the West in mid-sixteenth century when the first Portuguese reached Japan (1542). They accorded him warm welcome.
As England has been considered the classic case for the rise of capitalism, we start with a study of its development in Britain. There is no unanimity among the scholars regarding the date of the origin of capitalism in England.
India takes her place alongside Egypt and Mesopotamia as a country where we can trace the dawn of human civilization and the beginning of the thoughts, ideas and activities, which have shaped the destinies of mankind all over the civilized world.
As we are approaching the turn of the century, there is a growing interest in forecasting what will be the human condition in near future, say in the year 2010 or 2020. Futuristic writings afford to creative minds a fertile field for extrapolation and prediction. The more plausible a prediction one can make, the more respect he will command from the readers.