The end of the cold war was a tumultuous period in the 20th century that came dangerously close to a violent outbreak of nuclear conflict. While there are a multitude of views on who is to be credited for their role in bringing about an end to the cold war, two names prominently stand out, [...]
Nagaland, one among the seven sisters and one brother of India’s North East, was a place I had the privilege of visiting recently. Immersion was the aim of this visit, as I, along with my peers delved into the culture, tradition and communal harmony of the state. At every stage my perceptions were proven wrong, [...]
In 1950 the Chinese People’s Liberation Army (PLA) invaded Tibet. Under Mao’s leadership, China was looking for the reunification of former Chinese territories, one of which was Tibet. Since then, guerrilla warfare had persisted between Tibetan Rebels who desired independence and Chinese soldiers. Despite the fact that Mao viewed this reclamation of Tibet as a [...]
The Cold War was a period crucial to shaping 21st century history as we know it today. Fought passively between the two remaining axes of the modern world after the destruction wrought by the Second World War, (the US and USSR), this long period of hostility lasting until 1991 threatened to cause a collapse of [...]
Industrialisation was a defining period in history that enabled the transition of predominantly agrarian economies to manufacturing hubs. The Revolution, which took place in the 1700s, ushered in a holistic transformation: an increase in demand, a shift to a culture incentivizing productivity and increased utilisation of economic resources. A booming market requires just this; the [...]
The AFSPA Act passed in the Indian Parliament in 1958, granting special powers to the Indian Armed Forces to maintain public order in “disturbed areas”. Passed by both houses of Parliament and approved by the President, the Act came into force in the context of the growing violence and brewing unrest in the North Eastern [...]
A decade after independence in 1957, the amended The Indian Coinage Act was adopted allowing a decimal system for coinage. The Rupee remained unchanged in value and nomenclature, but each rupee was now divided into 100 “Paisa” instead of the earlier 16 Annas or 64 Pice. To allow sufficient time for public recognition, the new [...]
Life Insurance Corporation was established on September 1, 1956, with the passing of the Life Insurance of India Act in Parliament. Its primary aim was to ensure that every insurable person in India received adequate financial cover at a reasonable cost irrespective of whether they are in rural or urban areas; to this end, the [...]
The origin of India’s largest bank, the State Bank of India, can be traced back to the 27th of January, 1921. Formerly known as the Imperial Bank of India, it was created because of a merger between the three presidency banks, Bank of Bengal, Bank of Bombay and Bank of Madras. It was the last [...]
India and China signed The Panchsheel or Five Principles of Peaceful Coexistence on April 29, 1950, in what was seen as an attempt by the most populous states in Asia to coexist, despite the ambiguities they had inherited at the time. At the start of the 1950s, one of the main areas of dispute between [...]
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