Depository Receipts in India

Author: Nikhil Rajpurohit Depositories came into being in India only after the enactment of Depositories Act 1996. The act paved the way for establishment of NSDL (National Securities Depositories Limited), the first depository in India. NSE joined hands with leading financial institutions to establish the NSDL, with the objective of enhancing the efficiency in settlement systems and also to reduce...

Economic Sanctions: A Contemporary Critique

Author: Alimpan Banerjee It was commonly believed for a long time that sanctions would negate the need of war and that in sanctions the international community had found an effective tool to make recalcitrant states conform to norms to uphold peace and international security. Former US President Woodrow Wilson stated in 1919 that “A nation that is boycotted is a nation that is in sight of surrender....