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HISTORICAL ACCOUNTING PRACTICES
Quote of the Day by the founder of modern nursing, Florence Nightingale: 'I attribute my success to this: I never gave...'- Life lessons on accountability, perseverance, and the courage to act without excuses by 'The Lady with the Lamp'Florence Nightingale's powerful message, "I attribute my success to this: I never gave or took any excuse," underscores the importance of a...
MSMEs and GST@9: Journey so far and next phase of reformsFor India Inc., including MSMEs, the focus appears to have shifted from stabilisation to optimisation, as confidence grows on account of di...
How RBI’s 2026 TReDS directions advance the MSME financing reformWith the Budget setting the policy direction and the RBI directions providing the regulatory foundation, TReDS is well positioned to move f...
Quote of the day by Stoic philosopher Epictetus: ‘Some things are in our control and others are not. Things in our control are…’ - A timeless lesson on controlling your actions, not your circumstancesAncient Stoic philosopher Epictetus offers a timeless guide to navigating life's chaos by distinguishing between what we can control and wh...
Proverb of the day: 'A horse may take the warrior to the battlefield but...' Life lessons from African proverb on personal accountability, external support, self-reliance, and why a person needs to fight his own warsProverb of the day highlights the Ethiopian saying, "A horse may take the warrior to the battlefield but can never fight." The proverb expl...
AI risks spark 30% surge in India cybersecurity spends as enterprises ramp up defencesCorporate India is witnessing a significant surge in cybersecurity spending, up 30% year-on-year, as businesses race to safeguard data and ...
Chalo Delhi NCR! Adani or Sobha, India's biggest developers are heading to the national capital regionIndia's national developers are significantly boosting their presence in Delhi-NCR's housing market, capturing over 13% of new supply by 20...
Daughters stayed home, sons left: That was the rule in a 9,000-year-old Turkish village, says a 2025 Science paper that sequenced 131 ancient skeletonsAncient DNA from 9,000-year-old Çatalhöyük reveals a surprising social structure. Contrary to common assumptions, men appear to have moved ...
How did Microsoft CEO Satya Nadella become one of the world's most admired leaders? 6 books recommended by him that offer cluesSatya Nadella, the CEO of Microsoft, draws substantial inspiration from his extensive reading. Influential texts such as 'Forged in Crisis'...
Indian proverb of the day by Chanakya on 3 steps of parenting: 'Pamper a child for first five years; discipline tightly for next ten years; but once they reach sixteen...' Ancient wisdom about child development for all parentsAncient Indian thinker and strategist Chanakya offered a parenting principle that continues to be discussed centuries later: "Pamper a chil...
Stoic thought of the day by Stoicism's founder Zeno of Citium: 'Make your personality like steel, so that life shall hurt you as little as possible...' How to stay strong during difficult times explainedAncient Stoic philosopher Zeno of Citium continues to inspire modern discussions on resilience and self-discipline through his timeless tea...
In 1960, a physicist fired a flash lamp into a synthetic ruby rod: It produced the first working laser and changed how humans control lightOn May 16, 1960, Theodore Maiman made history by demonstrating the first functional laser at Hughes Research Laboratories. His innovative d...
In 1926, a secretary kept track of tiny marks between newspaper columns: It highlighted the growing need for a device that could send documents across distance, thus introducing the fax machine used in every office todayThe 1920s marked a pivotal era for electronic document transmission, driven not only by early 19th-century inventions but also by pressing ...
In 1947, after Partition, many who came to Delhi with little to their name survived on this dish; today, it is the city’s most-loved breakfastDelhi's beloved chole bhature owes its rise to the 1947 Partition. Punjabi refugees, rebuilding lives in the capital, found sustenance in t...
In 1903, a traveler sketched a rubber arm for a streetcar windshield, and bad-weather driving got a clearer futureA winter journey in New York City sparked Mary Anderson's 1903 invention: a movable arm with a rubber blade to clear vehicle windshields fr...
In 1850, a mechanic experimenting with sewing-machine parts settled on a new needle arrangement; it became the design most modern sewing machines still followOften misunderstood, the journey of the sewing machine arose through teamwork rather than individual ingenuity. Isaac Singer's invention in...
In 1903, a chemist noticed a dropped glass flask hadn’t shattered completely; it led to safety glass that still protects millions of people todayFrench chemist Édouard Bénédictus is credited with a pivotal role in developing laminated safety glass, a material that revolutionized how ...
Life Advice of the Day by Aesop: 'Better be wise by the...' Learnings on intelligence, mistakes, observation, research, decision-making, trial and errorLife Advice of the Day by Aesop highlights the value of learning from the mistakes, failures, and experiences of other people. The advice e...
In 1907, a Canton janitor's asthma got so bad he rigged a fan motor, broomstick, and pillowcase into a vacuum: His cousin's husband, W.H. Hoover, bought the patent in 1908Meet James Murray Spangler, the janitor whose battle with asthma sparked an ingenious innovation in 1907: the electric suction sweeper. Cra...
In 1899, scholar Wang Yirong just looked at 'dragon bones' in medicine market; Then he noticed strange symbols that revealed China's 3,000-year-old lost history & direct evidence of Shang dynastyIn 1899, scholar Wang Yirong noticed ancient markings on so-called "dragon bones" being sold in a traditional Chinese medicine market. His ...