energetic material

  This blog post is in reference to a news article published in one of the newspapers, namely - Gelatin sticks: where they are used, how the explosives are procured. On the 30th of March 2021, a news article has appeared in the Indian Express. ( https://indianexpress-com.cdn.ampproject.org/c/s/indianexpress.com/article/explained/what-are-gelatin-sticks-7251051/lite/ ) . The news pertained to the seizure of 20 numbers of gelatin explosives near the Antilia in Mumbai. It has been mentioned in the article that - gelatin sticks are cheap explosive materials used by industries for the purpose of mining and construction-related work, like building structures, roads, rails, and tunnels, etc. They can not be used without a detonator.  In this context, the points to remember and understand are that- efficacies of poison, fire, and explosives are not to be equated with their costs. A small quantity of these can ravage and destroy the target. Just because the explosive sticks (with...

 

 

 

 

  Money tomorrow is not as valuable as money today.  Given the choice of having the same amount of money in the future or right now, everyone would prefer to have it now. Money to be received in the future might not materialize. Even if there was no such risk, money is still worth more if it is available for use now. If it is available now, the opportunity set of possible uses for the money is as road as possible. If the money won't be available until sometime in the future, then the opportunity set is limited to a smaller subset of this first set. Maximum freedom to choose is always worth something--particularly in more uncertain environments. Therefore, money to be received in the future must include a premium if it is to be thought of as being equivalent to money today. Future cash flows (i.e., money) must be discounted to be compared with cash flows in the present. In this context, it is prudent to use simulation models like TIGER CODE, CHEETAH, and GPENG CODE to reap bene...