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He told young entrepreneurs from India that each of them has something valuable to contribute towards creating a New India by Our Insolvency and Bankruptcy Code introduced in is a step towards ensuring timely resolution for stressed ventures. Touching on demonetisation, the Prime Minister said tough measures have been adopted to tackle the parallel economy, check tax evasion and control black money.

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Early mathematician who calculated the value of pi Aryabhata was an Indian mathematician and astronomer. Several of his calculations showed remarkable accuracy for the era, with some remaining the best available for many centuries. He is sometimes referred to as Aryabhata I, since several later scientists of the same name also produced notable works. Some authorities suggest that Kerala is the most likely location, while others believe that Dhaka or Maharashtra are more probable.

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It is, however, generally accepted that he studied at an advanced level in Kusumapura in modern-day Patna, where he remained for some years. A contemporary poem places Aryabhata as the manager of a scientific institution; the precise nature of the body is not given, but there are grounds for suspecting that it may have been linked to the astronomical observatory that was maintained there by the University of Nalanda.

The Aryabhatiya While studying at the university, Aryabhata produced the Aryabhatiya, his major work. Written at the age of just 23, it ranges widely across mathematics and astronomy, but is particularly notable for its calculations regarding planetary periods. Aryabhata also worked out a value for pi that equates to 3. Using this value, he was able to calculate that the Earth had a circumference of 24, miles.