It was a walled city and the European trading companies settled outside the fort area all along the river front. The city developed in three phases during the European influence and the British rule: First along the river front, Next on the southern side of Maidan to railway station and Third after being made the capital of the province of Bihar along the Bailey road, the new capital area.
In the middle of 16th century, Sher Shah Suri built a fort on the banks of the Ganga understanding the strategic location of the city and importance of the port. The place has continued to be a significant trading centre during Sultanate period and flourished during the rule of Mughals and Nawabs of Bengal.
...In Bengal the British , who had been trading there since 1650s, settled for Calcutta as their base around 1690. Here a collection of bungalows which looked like ‘thatched hovels’, a stables , a hospital , a barracks , and a powder magazine could all be found huddled next to the imposing Fort William. The three as yet unpromising settlements of Bombay , Madras , and Calcutta, were eventually to become the power centers of British rule in India.
Patna became a centre of international trade in the seventeenth century. The European trading countries British , French , Danes , Dutch and Portuguese started to come to Patna for trading purposes.
To preserve a trading state from decline, the greatest care must be taken, to support a perfect balance between the hands employed in work and the demand for their labour.SirJames Steuart (later Denham)
If you want to understand financial markets, and their effects on the economy, you have to understand the trading game. Many short-term price movements are neither random nor caused by economic fundamentals. They're caused by investors buying and selling.aaron c. brown
Moreover, the entire international trading system is prone (from the lower echelons to top state officials) to corruption and bribery by foreign contractors.michel chossudovsky
In a world that had become a salvage operation, the general supply evolved into Union Grove's leading industry. When every last useful thing in town had been stripped from the Kmart and the United Auto, the CVS drugstore, and other trading establishments of the bygone national chain-store economy, daily life became a perpetual flea market centered on the old town dump.james howard kunstler
Our reason for withdrawal is simple. We are party to too many regional trading organisations. The sum effect of this means that our membership is extremely costly to sustain and we must rationalise our participation in such ventures.benjamin mkapa
The elements of good trading are cutting losses, cutting losses, and cutting losses.ed seykota
I think that if people look deeply enough into their trading patterns, they find that, on balance, including all their goals, they are really getting what they want, even though they may not understand it or want to admit it.ed seykota
I don't think traders can follow rules for very long unless they reflect their own trading style. Eventually, a breaking point is reached and the trader has to quit or change, or find a new set of rules he can follow. This seems to be part of the process of evolution and growth of a trader.ed seykota
This trade agreement fails on every count. I urge my colleagues to scrap it and tell the administration to come back with a deal that is fair to American businesses, workers and farmers, as well as the small businesses, workers and farmers of our trading partners.russ feingold
The investor is neither smart not richer when he buys in an advancing market and the market continues to rise. That is true even when he cashes in a goodly profit, unless either (a) he is definitely through with buying stocks an unlikely story or (b) he is determined to reinvest only at considerably lower levels. In a continuous program no market profit is fully realized until the later reinvestment has actually taken place, and the true measure of the trading profit is the difference between the previous selling level and the new buying level.benjamin graham
As South Korea shows, active participation in international trade does not require free trade. Indeed, had South Korea pursued free trade and not promoted infant industries, it would not have become a major trading nation. It would still be exporting raw materials (e.g., tungsten ore, fish, seaweed) or low-technology, low-price products (e.g., textiles, garments, wigs made with human hair) that used to be its main export items in the 1960s.ha-joon chang
Keynes disdained inside information in fact, he once declared that Wall Street traders could make huge fortunes if only they would disregard their "inside" information and his own oracles were nothing but his minute scrutiny of balance sheets, his encyclopedic knowledge of finance , his intuition into personalities, and a certain flair for trading.robert heilbroner
Despite the Internet 's origin in the late 1960s as a government sponsored means of communication between the Department of Defense, private industry, and academia, it has been at its best and generated the greatest economic, social, and technological benefits since it was 'liberated' by the hordes of 'geeks' who were originally hired to run it by employers who were not themselves conversant with computers, and couldn't tell when their employees were exchanging official traffic or trading dirty jokes and recipes for marijuana brownies.l. neil smith
In academia, ...an art historian, on being stirred to tears by the tenderness and serenity he detects in a work by a fourteenth-century Florentine painter, may end up writing a monograph, as irreproachable as it is bloodless, on the history of paint manufacture in the age of Giotto. It seems easier to respond to our enthusiasms by trading in facts than by investigating the more naive question of how and why we have been moved.Alain de Botton
That is one trouble about trading on a large scale. You cannot sneak out as you can when you pike along.
The Armenians had begun to settle in Madras even earlier, for they were reported to have made Madras their permanent base on the Corommandel Coast from 1666. They had been trading along the coast since the sixteenth century, and claimed to have directed the Portuguese to Saint Thome.
An excavation at Araikamedu (near present day Puducherry) revealed a Romans trading settlement of this period, and elsewhere too the Roman pottery, beads, intaglios, lamps, glass, and coins point to a continuous occupation resulting even in imitations of some Roman items.
The city of Temixtitan [Tenochtitlán] is itself is as big as Seville or Córdoba.… This city has many squares where trading is done and markets are held continuously.… There are, in all districts of this great city, many temples or houses for their idols.… Among these temples there is one, the principal one, whose great size and magnificence no human tongue could describe, for it is so large that within the precincts … a town of some five hundred inhabitants could easily be built.
We call you to be a people of manners, principles, honor, and purity, to reject the immoral acts of fornication, homosexuality, intoxicants, gambling and trading with interest.osama bin laden
In their desire to check dishonest and reckless trading Courts must be careful not to put tighter fetters on companies than the Legislature has authorised.