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US economic growth contracted 1.4% on an annualized basis in the first quarter of 2022 as the Omicron variant of COVID-19 and reduced government spending hit consumers and businesses, data showed the government on Thursday. The data was much worse than the modest increase analysts had expected after the economy grew 6.9% in the last …
I’m sure I’m not the only one who says that credit cards are extremely useful. But from time to time they get a bad rap when some misuse them. So does that make credit cards bad? No problem. Some think that credit cards can cause them to spend more than they should. But if so, …
India may not become a $5 trillion economy until FY29, according to the International Monetary Fund (IMF). According to data from the IMF’s World Economic Outlook database, updated last month, India’s nominal GDP is expected to reach US$4.92 trillion in FY28, leaving GDP to reach US$5 trillion in the following year, it will break the …
It will take almost 15 years for the Indian economy to recover from the losses suffered during the coronavirus pandemic, according to the Reserve Bank of India (RBI) FY22 monetary and financial report. “Assuming a real growth rate of -6.6% for 2020-21, 8.9% for 2021-22 and an assumed growth rate of 7.2% for 2022-23 and …
Finance Minister Nirmala Sitharaman assured investors on Tuesday that the government will tackle all possible problems to encourage investment in the country. Speaking at a roundtable on Investing in India’s digital revolution in San Francisco, the minister encouraged continued dialogue with investors to understand and address their concerns. The Treasury Secretary said she is open …
A guide to financial independence Financial freedom is generally thought of as “a state in which an individual or household has sufficient assets to support themselves without relying on income from any form of employment.” But as Robert Kiyosaki says, “Financial freedom is available to those who learn it and work for it.” If you …
If you have never tried this lifestyle before, it may seem difficult at first. It’s good! Don’t be afraid to make some changes along the way. As you begin to try out different frugal tips and tricks, remember that this is not a one-size-fits-all strategy. Instead, you should try different frugal living tips and see …
The world economy is often misinterpreted negatively. A frugal lifestyle may seem like a loss of quality, but it doesn’t have to be. Instead, you can choose to be frugal in ways that add more value to your life. Let’s see what it means to be frugal. Also, to get started, check out our tips …