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GOVERNMENT OVERSPENDING IMPACT
Think you are doing well? Here’s how your income really stacks up at ages 45–54Many people earn the most money between ages 45 and 54, as their careers reach higher levels. This age group has the highest median income ...
Fed’s rate cut raises stagflation fears; Jim Walker warns of US recession by 2026The US Federal Reserve reduced interest rates due to a cooling labour market. Economist Jim Walker believes this could worsen inflation. He...
Elon Musk endorses Warren Buffett’s 5-minute plan to erase the deficit — bold idea gains momentumWarren Buffett's decade-old idea to curb America's budget deficits by making Congress members ineligible for re-election if the deficit exc...
Always emerging, never emerged?BRICS has acquired a reasonable economic heft in relation to G7 and, tellingly, has quite a way to go in reaching the latter's consumption ...
As Trump’s 90-day tariff deadline approaches, fear will again overtake greedAmidst tariff concerns, analysts debate the potential impact of Trump's trade policies. A temporary pause on reciprocal tariffs offered som...
Are you pruning your garden but not rebalancing your investments? Both money and plants need similar care to growIdentify behaviours that impact your personal finances the most. Is there a tendency to spend impulsively? Do you shop compulsively under s...
View: Government raiding RBI reserves is no solution for fiscal deficitRBI independence cannot mean absence of accountability to anybody, including its owner.
Moody's rating upgrade may have just made Modi govt's job a lot harderA rating upgrade is great. But Moody’s just warned Government of India not to undo fiscal consolidation for the sake of boosting growth.
5 good and bad money habits that can impact your child's financial futureThese money habits can cause a long-lasting effect on financial life of your kids. To avoid this, imbibe the good habits and forgo the bad ...
Companies plan slashing gifting budget this Diwali: ASSOCHAMCompanies may cut their corporate gifting budgets by up to 20 per cent in view of the uncertain recovery in economic growth and spiralling ...
Finance Minister Arun Jaitley speaks out on fiscal consolidationArun Jaitley on Sunday said governments spending more than their means could lead to capital flight and loss in value of currency.
Federal Reserve's QE3 will benefit India in the short term: Raghuram RajanThe Fed began buying $40 billion a month in mortgage-backed securities this month and has pledged to continue the purchases.
- Fiscal Deficit: Finance minister P Chidambaram to monitor all expenditures above Rs 200 crore
Chidambaram has got down to the business of keeping the fiscal slippage to the minimum after admitting that meeting 5.1% target will be dif...
CWG scam:Projects undertaken by the Sheila Dikshit government for Commonwealth Games cost government Rs 101 crore, says CAGCAG report on streetscaping projects undertaken by the Sheila Dikshit government for Commonwealth Games is a stark account of willful delay...
- Debt battle could lead to government shutdown
Fresh from US election victory, Republicans face a rapid test of their debt-slashing resolve, one that could spark a government shutdown an...
- European banks can withstand European bond fall: Moody's
European banks are strong enough to withstand any sharp losses on their holdings of government debt issued by Greece, Portugal, Spain and I...
- No need for haste in withdrawal of stimulus, says Montek
Planning Commission Deputy Chairman Montek Singh Ahluwalia has said that the decision to unwind the stimulus measures of the past year woul...