Courtesy: Wikimedia Commons
The historic role of Bombay (as it was then called) as a hub for banking, commerce, trade, and shipping, and its financial clout a 100 years ago, are little known today. With the city scheduled to soon open an international financial services centre, it is worthwhile to recall and integrate this legacy with Mumbai’s present strengths in order to attract global capital to its IFSC
Courtesy: Furmeyer/WikimediaCommons
Maritime piracy is one of the several grave security issues faced by today’s world. This problem, however, isn’t a new phenomenon, and nations have long-battled this issue. How did piracy manifest itself in the Indian Ocean in the 19th century, and what was the nature of counter-piracy efforts during that period?