Issue: January 2018
 
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  Protagonist to economic transformation by Shri Vivek Kumar, Sanket Tandon and Shubhada Rao
  The authors opine that banking landscape in India will see a transformation with the entry of new age specialized banks
  Managing Non- Performing Assets: A Paradigm Shift by Shri Deepak Narang
  In this article, the author has said that emerging scenario after Insolvency and Bankruptcy Code has kicked in, will change the borrowing culture and make lending, in future by the banks, much safer.
  Bank Recapitalisation : Enhancing Capital Base by Shri Ashutosh Kumar
  The article elucidates that it would be beneficial for the banks to enhance their capital base
  Resolving Insolvency by Shri Indivjal Dhasmana
  The author opines that this time Insolvency and Bankruptcy Code is quite different from the earlier resolution system
Lead Article

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Science of Today: Technology of Tomorrow

Science knows no country, because knowledge belongs to humanity, and is the torch which illuminates the world Louis Pasteur. Scientific thought and interest have been at the backbone of mankind’s advancements and progress – be it the discovery of fire, the wheel or the power of nuclear fission. Scientific temperament and an inquisitive mind are essential for the people to move forward, as only a scientific mind can enquire into situations and seek solutions. If Newton had not questioned the falling down of apple instead of going up, he would not have discovered the power of gravity. Science however is not only about abstract thoughts but also about its application in various fields impacting the common man. In science, every discovery is a permanent gain. As Eisntein said, “science of today is the technology of tomorrow”. Development is always linked with technology. Particularly in today’s knowledge based economies, science and technology are the basic pre requisites for development. Developments in science and technology are fundamentally altering the way people live, connect and communicate with each other. Scientific inventions like electricity, faster means of transport and weather forecasting systems have made life easier and better for the common man who has light at his disposal to study, travel faster for business and is pre-warned about disasters. Innovations in various sectors are helping young entrepreneurs to upgrade their skills and initiate start ups. India, a food importer at one time, is now not only self sufficient but is also able to export food items thanks to the Green Revolution. Scientific discoveries have helped farmers raise better crops at a faster pace, thus solving the problem of food shortage
 
 
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Do you know? : What is Forensic Auditing
Forensic auditing refers to the auditing with the main aim to employ accounting techniques and methods to gather evidence to investigate the crimes on financial front such as theft, fraud etc.
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