Posts

Showing posts from March, 2018

3D Printing

3D Printing, also known as additive manufacturing, is the process of creating 3D models using additive materials. This is done with the help of computers, various instructions and raw materials are given to the computer and special 3D printers attached and the result is an object of almost any shape and geometry. 3D printing has become an important stage in business revolution. Although the first 3D printer was created by Charles Hull in 1984 at 3D Systems, but the major advancements and applications of this technology has been very recent and are still in the evolution stage. The first high definition colored 3D printer was developed recently in 2005 by Z Corp. 3D Systems, ExOne, HP and ZCorp are the market leaders who are investing in this technology. Microsoft and Google are the market leaders in terms of providing compatible software and hardware for the same.   (Aspa, 2018) 3D printing typically involves creation of a virtual design of the object by using CAD (computer aided

Demonetization in India-Narendra Modi

Demonetization is the discontinuation and replacement of an existing currency with new currency. It is often done to clamp down on tax evasion, black money, counterfeit currency or simply to replace national currency. India has a history of demonetization, the first being carried out in 1946 and the second in 1978. Recently, in November 2016, India demonetized a third time by retiring 500 and 1000 notes rupee notes and replacing them with new 500 and 2000 rupee notes. Apparently, the circulation of fake currency notes was growing and black money was being hoarded by corrupt officials. The announcement of demonetization was sudden and did not give ample time to people to prepare for the scarcity of cash and the hurdles that lay ahead related to deposit of old currency notes in the bank within a short stipulated time. The unpreparedness of the banks, dearth of new currency notes, frequent changes in the cash conversion rules, and government’s cap on maximum money that   could be e