Multinational companies (MNCs) are believed to play a major role in the economies of developing countries. Ideally MNCs have contributed substantially towards the growth of developing countries. MNC is most simply defined as a corporation or enterprise that conducts and controls productive activities in more than one country with the head office being established in a developed country. Big companies mostly from America‚ Europe and Japan but also increasingly from newly industrializing countries
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Indian Economy and the curse of Gold The Indian economy grew at around 5% for the fiscal year ending March 31‚ 2013‚ down from 6.2% the previous year. With economic growth slowing for nearly three years now and the economy expected to grow at around 4.8% this year‚ the slump is attributed to several persistent structural issues – prominent amongst which a widening Current Account Deficit (CAD). To quote the RBI governor‚ "The biggest risk to the economy stems from the CAD." CAD represents
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Has the education made me a better person? Or made more of a robot out of me? This is a primary question that everyone should be asking themselves at the beginning‚ end and even amidst the process of receiving the education. Is the education system in India really all that it is made out to be? Now I know that this topic has been beaten to death especially since the last two years what with Aamir Khan on an education reform movement and Kapil Sibal asininely tinkering with the education system
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Carl Sagan asked‚ based on his cosmic calendar‚ “Where would you place your own life on this timeline? Where would you place the life of one of your grandparents? What is the major disadvantage of a time line drawn to this scale? What is its advantage?” To answer his questions about where your life or the life of your loved ones would fall‚ signifies a miniscule amount of time relative to the time line of human history. You simply couldn’t place the life of any single human on this cosmic calendar
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SOCIAL NETWORKING SITES A BOON TO THE YOUTH By Mir Omer Ali As the coin has two sides‚ so it is a fate that there will be both positive and negative effects of the Social networking sites‚ but it depends how we utilize it Social networking sites have made our world smaller. Social Networking sites not only allow us to communicate but also express our views with the others. We can always be connected with our relatives and friends even though they are very far away from us. Although we waste
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Driving Age is Fine at 16 In most states you can get your license at age 16. Many people think this is way too young‚ the drivers are too inexperienced and teenagers are more accident prone. But parents can’t always drive their teenagers everywhere they want to go. Teenagers are often involved in sports‚ drama‚ and other extra-curricular activities and they need a car. I do not believe the minimum driving age should be raised. A trend in recent years has shown that the amount of 16-17 year olds involved
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1 Mobile phones: Blessing or Curse A person is in an unhealthy phase of obsessive and constant cell phone use. This may be caused by the newness of the device or by an emotional problem that makes them use the cell phone to isolate from others who surround them. Or‚ it might be that the increasing use of the cell phone by everyone else causes the person to get one of their own."[1] More often than not; people use cellphones to pull themselves away from a crowd or ring themselves to get out of
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Baba Gyani Triviani said: "Good were the days when people played Duke Nukem‚ Now people just say Dude Nuke ’em" Nuclear energy has been a controversial topic and a topic of debate from ages ago. In this post‚ I would like to analyse this from a layman’s perspective. Countries are growing rapidly‚ both economically and by population. And a commodity that seems to be needed more than ever‚ and the need for which will continue to grow unabated is energy. Energy is needed to do anything - Whether
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The Drinking Age: to Lower or Not to Lower In this day and age‚ there are many laws and regulations that set limitations on the age at which a person is allowed to do certain things‚ such as voting‚ purchasing cigarettes‚ getting licensed to drive a car‚ and even joining the military. These laws and regulations were set with the idea in mind that people will be at the appropriate age to take part in such activities. Lawmakers believed that at these set age limitations people would be matured
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Doux-commerce; A Blessing or a Curse?! Commerce educates people ethically chiefly through its communicative aspects‚ and it encourages conversations among equals and exchange between strangers. Commerce was supposed to civilize humans‚ to make them more sociable and to lead them to collaborate. However‚ their collision and lack of social skills and the strife to gain and excel held them back from exchanging and possessing wealth‚ as it is set in market society. Increase in commerce and growth of
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