Hopes Beyond IIT

…is institute has gained much reputation in very less time. No doubt for research preference this could be on top of your list. NSHM: (NSHM) is the best institute in India for Hotel and Hospitability management. This institute gives you high prospect for success with growing demands of Hospitability in India. Merchant Navy: Merchant navy is a high paying job. It is course for become a crew member of a ship. The best institute in this field is TS C…

Corruption is The Price We Pay For Democracy

…bout 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 corruption. The most common cause of corruption is believed to be a combination of discretion and accountability. Governments with enormous discretionary power and low accountability are more corrupt than those with less discretion and more accountability. Mainly, there are three forms of…

Share Market Terminology: Part 1

…d to shareholders in a joint stock company from surplus profits. When a company has accumulated a large fund out of profits – much beyond its needs, the directors may decide to distribute a part of it amongst the shareholders in the form of bonus. Bonus can be paid either in cash or in the form of shares. Dividend Dividends are payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to s…

Welcome Back, Socialism

…y from third place in 2007 and finally in 2010 overtook Japan to become second largest economy. Today, about 10% of the Chinese population (down from 64% in 1978) live below the poverty line. Socialist market economy (Chinese) is often criticised for being capitalist form of economy. But, this Chinese model is still a form of socialist economy. Even though, state run industries are privatised in China. The Chinese government still guides overall…