Corruption is The Price We Pay For Democracy

…8220;Corruption is the price we pay for democracy“. This statement connotes that with the good governance form, democracy. We also have to abide its companion, corruption, which comes along with it. This is the fee we pay for the good governance, democracy. Let’s talk about corruption. Corruption is the abuse of power. The person with the power when uses his influence for benefit of himself or some special person it is called corrupt…

Share Market Terminology: Part 1

Sensex Sensex is the short form of Sensitive Index. The Sensex is value-weighted index composed of 30 stocks. The Sensex is regarded as the pulse of the domestic stock markets in India. It consists of the 30 largest and most actively traded stocks, representative of various sectors, on the Bombay Stock Exchange. It is also called as BSE 30. Nifty Nifty or Nifty 50 is the leading index for large companies on the National Stock Exchange of…

Welcome Back, Socialism

…centrally planned economy till 1978, which USSR used to follow. After the death of Mao Zedong, China began to reform the economy. It started to move towards a market oriented mixed economy. It started privatizing land. Later, aiming at foreign investments, it created Special Economic Zones (SEZs) in various cities of China. State owned enterprises were restructured with western style management. Since, Economic liberalisation of 1978, China&#821…