The impact of economic reforms has been that rich people have become richer and poor people poorer

….3 billion in 1995-96. In initial years of reform, 1991–1992, poverty increased in India slightly. But, later on number of people below poverty line decreased. And, a steep declined in number of person below poverty line in between 1993 to 1998 was seen. Currently, number of middle class in India is expected to be 300 million, which is expected to double by 2025 to 600 million. It is sure that as the economy of India will boom, new millionaire an…

Should FDI be Allowed in Higher Education

  The ‘India Vision 2020′ envisages the transformation of India into a knowledge superpower. To achieve this vision, the higher education sector has to play a key role. At present India is producing highest number of doctors and engineers every year. But, if one considers the quality and quantity of higher education in India. It is worse. In US and UK, percentage of enrolment in higher education is 82.4 and 60.1 respectively. In…

Share Market Terminology: Part 2

…venience, but charge fees and often require a minimum investment. 13. Closed-end Mutual Fund A fund with a fixed number of shares outstanding, and one which does not redeem shares the way a typical mutual fund does. Closed-end funds behave more like stock than open-end funds: closed-end funds issue a fixed number of shares to the public in an initial public offering, after which time shares in the fund are bought and sold on a stock exchange, and…

Blogging for Business

…and forget about your company’s reputation. When the content you post is vague and not comprehensive, the number of your readers  will decrease slowly. Blogging for Business: Post content consistently Post articles on a regular basis. It would be good if you could post a couple of articles on a daily basis. Make sure you are consistent with your posting. If you don’t have something new for the readers, they might forget that the company is…