Ecbatana Ecbatana Ecbatana (; "Hagmatāna" or "Haŋmatāna", literally "the place of gathering", , in Aeschylus and Herodotus, Akkadian: "a-gam-ta-nu" in the Nabonidus Chronicle) was an ancient city in Media in western Iran. It is believed that Ecbatana is in Hagmatana Hill (Tappe-ye Hagmatāna), an archaeological mound in Hamedan. According to Herodotus, Ecbatana was chosen as the Medes' capital in the late 8th century BC by Deioces. Under the Achaemenid Persian kings, Ecbatana, situated at the foot of Mount Alvand, became a summer residence. Later, it became the capital of the Parthian kings, at which time it became their main mint, producing
Economy of ancient Tamil country or "Nikamam". Stone inscriptions at Mangulam (c. 200 BCE) and pottery inscriptions found at Kodumanal refer to merchant guilds as "nikamam" and the members of the guilds as "nikamattor". These findings suggest that merchant guilds were established at several industrial and trade centres of ancient Tamil country. Many of these merchant associations acted in union in their public activities. They were autonomous, meaning that they enjoyed freedom from state interference but also suffered from the lack of state backing. Merchants were expected to abide by a code of conduct, which was: "Refuse to take more than your due and never