Welcome Back, Socialism

…blic or common ownership and cooperative management of the means of production and allocation of resources. The model of economy followed by USSR was creation of centrally planned economies directed by a state that owns all the means of production, aka Marxist-Leninists. China follows Socialist Market Economy with Chinese characteristics. It is a mixture of socialist planning with a market economy (capitalist). World had already seen the power of…

About Me

About Me

It’s Me. Abhishek Rukhaiyar I’m a computer geek, a net savvy. Not to say I just love computers. I like people who give the thoughts after good research and analysis. I’d managed to clear IITJEE Screening test twice in 2004 and 2005. But, unfortunately could not transform those chances into an IIT Seat. I’d also managed to successfully clear ISI B.Stat entrance test in 2005. After lots of IIT attempt I try to understand t…

Share Market Terminology: Part 1

…ecline of stock prices across a significant cross-section of a stock market, resulting in a significant loss of paper wealth. Correction A correction is a short term price decline of 5% to 20% or so. A correction is a downward movement that is not large enough to be a bear market. Bonus Shares The term bonus means an extra dividend paid to shareholders in a joint stock company from surplus profits. When a company has accumulated a large fund out…