[ad_1] In India, boosting your credit profile or enhancing your credit score during periods of unemployment is quite challenging but it is still achievable. A strong credit score is crucial for future financial opportunities, including but not limited to securing flexible personal loans and premium credit cards. Smart ways to improve your credit score during…
[ad_1] The Federal Reserve, the central bank of the United States, is driving blindfolded. That’s my single most important takeaway from its policy announcement last week. On the predictable side, the Fed kept policy rates in a range of 4.25-4.5%, and the rate-setting committee pledged to slow the pace at which it’s allowing securities to…
[ad_1] Hewlett Packard slumps after dour second-quarter forecasts Nonfarm payrolls increase by 151,000 in February Indexes up: Dow 0.46%, S&P 500 0.43%, Nasdaq 0.54% By Chibuike Oguh, Johann M Cherian and Sukriti Gupta NEW YORK, March 7 (Reuters) – U.S. stocks edged higher on Friday, rebounding from early declines after Federal Reserve Chair Jerome Powell…
[ad_1] Estimates of gross value added (GVA) and gross domestic product (GDP) for 2024-25 were released last month along with revised estimates for 2023-24 and final data for 2022-23. The numbers for 2024-25 were broadly in line with estimates released earlier, with GDP growth placed at 6.5%, marginally higher than the 6.4% reported as part…
[ad_1] Might this be the year that stagflation returns to the US? It has been half a century: The last time the US economy had both excessively high inflation and unduly high unemployment was in the mid-1970s, with inflation rates reaching 12.2% in 1974 and unemployment at 8.5% in 1975. The new stagflation is unlikely…
[ad_1] Personal income taxes now account for a larger share of government revenue than corporate taxes, marking only the third time this has happened in over three decades. From 35% during the United Progressive Alliance (UPA) years, corporate taxes today are only 26% of total tax revenue. This shift, along with high Goods and Services…
[ad_1] But a research paper suggests this may be the Fed’s swan song. In the coming years, it is likely to get weaker, the result of two separate but related developments—one positive, the other negative. In the last few decades, the Fed has gained extraordinary power over the US economy. This is in part because…
[ad_1] Aspirants at job fair in Kozhikode. File | Photo Credit: The Hindu One key flaw with the annual Budget process is that the Finance Minister gets a platform to make grand announcements, which trigger banner headlines. The next year, more announcements are made, triggering more mega headlines. No one bothers to hold the Finance…
[ad_1] New Delhi: Union finance minister Nirmala Sitharaman told the Rajya Sabha on Wednesday that the Indian youth were more employable than they were a decade ago. The Prime Minister’s package announced in the Union budget for 2024-25 will further improve employment prospects, she said, countering opposition criticism on unemployment. Sitharaman also defended the government…
[ad_1] It was also the record seventh time that finance minister Nirmala Sitharaman presented a budget. Her budget proposals show admirable fiscal restraint and conservative assumptions on revenues. Even though another full budget presentation is due in six months, this was an important occasion to articulate an economic strategy. The major thrust of the Union…
