Should FDI be Allowed in Higher Education

….4 and 60.1 respectively. In India, despite recent increment due to private players, current enrolment is merely 12 %. Even South East Asian countries have higher enrolment rate like 31% in Philippines, 27% in Malaysia, 19% in Thailand and 13% in China. According to United Nations Educational, Scientific and Cultural Organisation (UNESCO), public spending on higher education in India is merely US $400 per students. If we consider public spending…

Share Market Terminology: Part 2

<<<< Share Market Terminology: Part 1 1.     NASDAQ The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange located in New York City. “NASDAQ” originally stood for “National Association of Securities Dealers Automated Quotations Systems,” but the exchange’s official stance is that the acronym is obsolete. It is the largest electronic screen-based equity securities trading market…

Impact of IT/ITES on Indian Economy

…of employees – technical to non-technical is 80:20, 4% come from economically backward class, while 58% of total employment is from Tier-II/III cities, and 30 % are in the age group of 18-25 yrs. These data show how this sector is penetrating the national economy and enhancing it right from the root. India was known for exporting low technology oriented products of low quality. Now, to compete in the global market, IT/ITES companies have ad…

Indian Economy: 2009 Vs. 2010

…economy in the world by purchasing power parity (PPP). India was under social democratic based government under 1947 to 1991. This economy was based on public ownership and protectionism with slow growth rate. Since 1991, India changed its policy and reformed it to a market-based economy. The currency of India is the Indian Rupee. As of 30th Dec 2010, 44.8 INR equals to 1 USD and 1 EUR equals 59.34 INR. The major stock exchanges in India are Bom…