Authors : Dr. Vennila Gopal; M. Krishnanand

Volume/Issue : Volume 11 - 2026, Issue 6 - June

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DOI : https://doi.org/10.38124/ijisrt/26jun1441

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Abstract : The Indian Knowledge System (IKS) represents a rich legacy of indigenous wisdom developed through centuries of observation, experience, and practical application across diverse fields, including trade and commerce. Rooted in principles of ethics, sustainability, and social responsibility, traditional Indian commercial practices such as the Hundi system, merchant networks, cooperative lending mechanisms, and Dharma-based business values contributed significantly to economic growth while maintaining fairness and trust. In the contemporary business environment, understanding these traditional concepts can provide valuable insights for promoting ethical and sustainable economic practices.

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2. Nunnally, J. C. (1978). Psychometric Theory (2nd Ed.). New York: Mcgraw-Hill.