Panis are basically tradesmen who were prominent class of people along with Dasyus and Asuras, intelligent, powerful having a materialistic outlook. Nirukta describes them as tightfisted, shrewd business-minded people with no regard for yajnas and charity. The conflict between Indra and Panis was mainly due to the refusal of Panis to contribute Dana and Dakshina for Yajna. Wealth in those days was mainly the strength of cattle and property. <ref>Prasad, Prakash Charan. (1977) ''[https://books.google.co.in/books?id=RSW8az3Q_dEC&lpg=PA7&pg=PA21#v=onepage&q&f=false Foreign Trade and Commerce in Ancient India.]'' New Delhi : Abhinav Publications</ref> RigVeda (10.108) describes the legendary theft of the divine cows and the quest of देवशुनी सरमा to locate them. | Panis are basically tradesmen who were prominent class of people along with Dasyus and Asuras, intelligent, powerful having a materialistic outlook. Nirukta describes them as tightfisted, shrewd business-minded people with no regard for yajnas and charity. The conflict between Indra and Panis was mainly due to the refusal of Panis to contribute Dana and Dakshina for Yajna. Wealth in those days was mainly the strength of cattle and property. <ref>Prasad, Prakash Charan. (1977) ''[https://books.google.co.in/books?id=RSW8az3Q_dEC&lpg=PA7&pg=PA21#v=onepage&q&f=false Foreign Trade and Commerce in Ancient India.]'' New Delhi : Abhinav Publications</ref> RigVeda (10.108) describes the legendary theft of the divine cows and the quest of देवशुनी सरमा to locate them. |