The States are burdened with high deficits that cannot be lowered without additional sources of revenue. Every state in the union is battling revenue shortfalls and escalating public pension liabilities. Many States are cutting programs and trimming the ranks of their public employees. To make matters worse, in many states like California, the public is […]
The Republicans Are Toying With Bankruptcy as an Option for Cash Strapped States
The States are burdened with high deficits that cannot be lowered without additional sources of revenue. Every state in the union is battling revenue shortfalls and escalating public pension liabilities. Many States are cutting programs and trimming the ranks of their public employees. To make matters worse, in many states like California, the public is […]
Rather ridicules critics of cash management with RBI for malicious campaign
Jammu, January 24 (Scoop News) – Ridiculing the critics of the new cash management agreement with RBI, Minister for Finance and Ladakh Affairs,. Ab. Rahim Rather today described it a deliberate and malicious campaign to confuse people and meet narrow political scores. It seems, there is lack of understanding among the critics about the […]
Banks to be Compensated by Cash to Offset the Loan Waiver Burden
The Union Finance Minister Mr.P.Chdambaram announced in the Lok Sabah on Friday that the entire amount of Rs.60,000 Crores arising out of the ‘Farm Loan Waiver’ would be made good by infusion of cash to the affected Banks over a period of three years. As per the current estimates, the total relief would work out […]
Make Your Money Go Further
Part 12 of a series in how to be successfully self-employed. These ideas can prime your creative pump and give you some ideas on ways to make your money go further. Turn regular resources into cash Rent out a room in your home, or part of your yard for a garden plot or your garage […]
Inflation is a Powerful Force to Contend With
Inflation is a general increase in the price level of goods and services in an economy over time. When the general price level increases, each currency unit (USD, EUR, GBP, etc.) buys fewer goods and services. As such, inflation reflects a reduction in the purchasing power of money. This is actually an erosion of real […]
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