Issue: December 2016
 
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Cover Story 
Science knows no country, because knowledge belongs to humanity, and is the torch which illuminates the world Louis Pasteur. Scientific thought and in...
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Lead Article

The lead article is by SEcretary, Department of Science & Technology, Government of India. The article explains the government's perspective on S&T research and the various programmes initiated by the Department of Science & Technology towards encouraging development-oriented research....

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Articles
  Defence Applications for Civilian Sector by G. Sateesh Reddy
  The second lead article is by Scientific Advisor to Raksha Mantri.
  Space Based Platform for Common Man by G. Madhavan Nair
  The special article for this issue has been written by no less a person than former Chairman, ISRO.
  Atoms in the Service of the Nation by K.N Vyas & M. Ramanamurthi
  This article by Director, BARC explains in great detail the peaceful utilities of fission power.
  Enriching the Classroom Process by Rajaram Sharma
  The focus article of the issue talks of how education can be made more interesting
Economic Paradigms and Democracy in the Age of Financial Globalization
Srinivas Raghavendra

Whether or not there exists a standard definition of the term Globalization, there is a broad agreement with the fact that the process of Globalization has had and continues to have profound impact on various aspects of human life. Globalization is not a new phenomenon for it has been a long-term gradual process of change, which affects every aspect of human life and being affected by the human enterprise, since the days of Columbus, and yet at the same time it is irregularly punctuated by episodes of dramatic change. Ever since the Columbian voyage initiated the process of intermingling of the continents of Europe and the Americas, Globalization has been influencing and reshaping every part of the world in all aspects of human life – social, cultural, economic, political, biological and ecological aspects. In the recent past, there were two intense periods where the process of globalization induced dramatic changes across the world. The first wave happened in the late nineteenth century up to the First World War, which was characterized by extensive trade networks across various continents under European Colonialism. The second wave happened in the twentieth century, starting from the 1980s to the present day, characterized as free market Capitalism led by the phenomenal development of the financial markets, and called as the financialization phase of Globalization or simply Financial Globalization.

 
 
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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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