Ethics deals with concepts of right and wrong and establishing standards of conduct. The document discusses ethics from both a general perspective as well as from an Indian viewpoint. It highlights that Indian religions and philosophies like Vedas, Upanishads, Jainism, Buddhism focused on concepts like prosperity, morality, non-violence and compassion. The document also discusses the importance of advertising, different types of advertising like television commercials and newer digital formats. It notes that advertising influences society and reality. The role of ethics in advertising is important to ensure truthfulness, protect human dignity and act with social responsibility.