The Republicans oppose President Barack Obama’s decision to make the rich to pay more in taxes. They call this “class warfare,” it is in deed they who want to exempt the rich from bearing any of the burden to make the economy sustainable, who are waging class war. If we look into the incomes of [...]
In an effort to boost a weak economy the Federal Reserve said it will sell its $400 billion shorter-term securities to buy longer –term holdings. This move could further lower the yields of the Treasury and ultimately reduce rates on mortgages and consumer and business loans. The holdings of mortgage backed securities will be reinvested [...]
My uncle who is the chief manager in a departmental store got transferred to Wilmington. Their chain of stores is to open their new store in Wilmington and the boss decided to send my uncle here to look into the development of this new store. So my uncle went there in search of a house [...]
In spite of the global economic slow down India has shown a growth by 7.5-7.75%. The International Monetary Fund (IMF) has reported that in India, growth was forecast to average 7.5-7.75% during 2011-12. Private consumption will be the leading economic activity that will be driving this growth. But investments will remain low due to the [...]
The policy makers of the United States and Europe have been slashing down on spending and reducing deficits. It was thought by them that this would help in restoring confidence and help in economic revival. In Europe, nations like Greece and Ireland have imposed savage cuts and in the U.S. the state and local governments [...]
Starting our own business whether it is in a small scale or a large scale is definitely a challenge. When I wanted to start my own business my dad gave me a lot of advice and they are very useful to start a business. The first and foremost thing is we have to be sure [...]
I want to start my own business after completing my studies. I am particular that I don’t want to work for somebody but I must be able to give work at least to a few people. My dad encourages my business idea and teaches me many business tactics. He says that for any business the [...]
Tata Motors’ subsidiary, Jaguar Land Rover has plans to invest in a new facility in the U.K. The announcement is made for plans to invest 355 million pounds to manufacture all new, advanced technology, low-emission engines. Jaguar Land Rover’s CEO, Ralf Speth, has said: “As part of our long-term strategy for the JLR business, we [...]
During this time of high unemployment rate when a job goes vacant there are too many applications for that job. Highly efficient, that is people who are over efficient for that job, and under efficient, people who are not fit for the job, people apply for the job. So it is very essential to pick [...]
Pranab Mukherjee, Finance Minister of India is to leave for the U.S. on September 21st to address the 8th Annual India Investment Forum meeting in New York. He is going to present India to the top U.S. corporates, as an attractive destination to invest money. India needs over $1 trillion for its infrastructure development. The [...]