Strong Dollar, Rising Interest Rates Loom Over World Bank And IMF Meetings
A strong dollar and rising U.S. interest rates are looming over this week’s International Monetary Fund (IMF) and World Bank…
Finance/Economy
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Ben Bernanke Awarded Nobel Prize In Economics
On October 10th, The Royal Swedish Academy of Sciences awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of…
Repel The Recession With These 5 Tips
It doesn’t hurt your bottom line to take a step back and self-evaluate. Learn how you’ll be able to repel…
Two gold nuggets worth $350,000 found in Australia
Two gold nuggets worth around $350,000 (£190,000; US$250,000) have been discovered by a pair of diggers in southern Australia. Brent…
Oil Prices Likely To Tumble By Year End, Even If Economies Avoid A Recession
Goldman Sachs reckons crude oil prices are going to $140 in the coming months. JPMorgan said they could even surge…
Canada To Provide Work Permits For Some International Graduates
Canada is offering work permit extension to international students who no longer have it or are set to have it…
Fewer Homes, High Prices, Rising Interest Rates Impede Home Buyers Across USA
Shortly after moving to South Florida for a new job with the U.S. military, Shannon Kaufman and his wife, Wendy,…
Money, EconomyIndia’s Rupee Continues To Fall Due To Inflationary Pressures
Inflationary concerns over elevated commodity prices are expected to maintain pressure on the Indian rupee during the upcoming week. Accordingly,…
A New Monetary World Order As Russia Reels Under Sanctions
As US President Joe Biden unveiled new sanctions on Friday against Russia, he made it clear that the totality of…
Social Security: Offices will reopen after 2 years this month
Social Security Administration offices have remained closed since March of 2020, and now, two years later, they will finally be…
India To Launch Its Own Digital Currency In 2022-2023
India’s central bank will launch a digital version of the rupee in the next financial year, the country’s finance minister…
India Slips To 101st Spot In Global Hunger Index 2021
India slipped to 101st position in the Global Hunger Index (GHI) 2021 of 116 countries and is behind neighbors Pakistan,…
‘Pandora Papers’ Indicts At Least 380 Indians
A massive investigation from more than 600 journalists across the globe sheds new light into the shadowy world of offshore…
Senate Republicans Block Bill, Possibly Shutting Down US Economy
The US Senate voted 48-50 to begin the debate on the measure the House already passed, which wasn’t enough to…
A Comparative Study of India’s Inflation during UPA Vs NDA Government (Dr. ManMohan Singh Government Vs. of Modi Government)
Dr. ManMohan Singh became Prime Minister on 22 May 2004, and he remained in office until 26 May 2014. After…
Asia Will Represent Half Of The World’s Consumer Spending By 2032
Despite COVID-19, the global consumer class—those who are middle class or rich—is rising fast. In an earlier post, we showed…
Is U.S. Losing The Race To Decide The Future Of Money?
In cities across China, the country’s central bank has begun rolling out the e-renminbi—an all-digital version of its paper currency…
Take Advantage of This ‘Fantastic Opportunity’ To Pay Off Student Loans
If you have federal student loan debt, you now have approximately six months to prepare for payments on that debt…
Janet Yellen Warns, US Could Default On National Debt In October
Treasury Secretary Janet Yellen has warned congressional leaders that the U.S. is on track to default on the national debt…
$400-Billion New City In The American Desert Planned
The cleanliness of Tokyo, the diversity of New York and the social services of Stockholm: Billionaire Marc Lore has outlined…
Bitcoin Is Now Official Currency In This Country
El Salvador has become the first country to adopt bitcoin as legal tender on September 7th, a real-world experiment proponents…
Thiru Vignarajah Named CEO Of Capital Plus Financial
Sri Lankan American Thiru Vignarajah, who recently fell short in the race for the Baltimore, Maryland, mayoral race last year,…
India’s Chennai Turning into a Data Center Hub
Tamil Nadu’s capital city Chennai after being the ‘Detroit’ of India for housing several automobile makers is turning out to…
Bipartisan Infrastructure Bill Moves Forward in US Senate
The US Senate has voted to move forward on a bipartisan infrastructure bill after weeks of negotiations last week, clearing…
India Launches E-RUPI Digital Payment Platform
(E-RUPI Digital Payment Solution is a cashless and contactless instrument for digital payment. It is a QR code or SMS…
As Amazon Stocks Stumble, Jeff Bezos Loses Title As Richest Person On The Planet
Jeff Bezos, the multibillionaire has lost the title as the richest person on earth as his net worth actually tumbled…
US Economy Grows At 6.5% In 2nd Quarter
The US economy grew at a lower-than-anticipated annual rate of 6.5 per cent in the second quarter, marking the return…
The Brutal Truth About Bitcoin
Bitcoin, the original cryptocurrency, has been on a wild ride since its creation in 2009. Earlier this year, the price of one…
Pandemic Leaves Indians Mired In Massive Medical Debts
NEW DELHI (AP) — As coronavirus cases ravaged India this spring, Anil Sharma visited his 24-year-old son Saurav at a…
NRI Appointed As Vice-Chairman Of Abu Dhabi Chamber Of Commerce
The crown prince of Abu Dhabi & deputy supreme commander of the UAE Armed Forces, Sheikh Mohamed Bin Zayed Al…
In Retaliation For Critical Coverage, Modi Government Raids Top Indian Media
Indian tax authorities on Thursday, July 21, 2021, raided one of the country’s most prominent newspapers in what journalists and…
Job Advertisement
Consulate General of India, Atlanta (USA) Required: (1) Clerk (1) Marketing Assistant (1) Messenger …
Monthly Child Tax Credit Payments Begin
The Internal Revenue Service and the Treasury Department announced today that millions of American families have started receiving monthly Child…
Financial Literacy Movement Launched By Sal Khan & Others
A group of business, sports, entertainment and nonprofit leaders, including Khan Academy’s Indian American founder and chief executive officer Sal…
June 21st Is Child Tax Credit Awareness Day
The White House has designated June 21 as Child Tax Credit Awareness Day to ensure eligible families know about the…
Dr. Kiran Patel Invests In Mumbai-Based EV Charging Startup
An eminent Indian-American cardiologist and philanthropist, has raised more than $15mn in Series A funding for a Mumbai-based electric vehicle…
India Denies State-Owned Banks Will Withdraw Funds From Foreign Currency Accounts
The Indian government has denied reports that it has asked state-owned banks to withdraw funds from foreign currency accounts abroad…
A Crypto Crash Wiped Out $1 Trillion This Week
Wild, stomach-churning moments are part of the experience when you buy a ticket to the crypto circus. But the past…
Colonial Pipeline Paid Hackers $5M In Ransom
Colonial, a major US fuel pipeline has reportedly paid cyber-criminal gang DarkSide nearly $5m (£3.6m) in ransom, following a cyber-attack.Colonial…
Elon Musk Says, Tesla Will Not Accept Bitcoin For Transactions
Tesla has suspended customers’ use of bitcoin to purchase its vehicles, Tesla’s billionaire CEO said last week, citing concerns about the…
Bitcoin And Crypto Markets Crash
Bitcoin (BTC-USD) is experiencing a massive sell-off, shedding almost 15% in the last 24 hours — the biggest intraday drop…
The Bitcoin Lion Wakes Up!
Bitcoin has officially reached an all-time high of $59K. Its market capitalization is now over a trillion dollars. The fact…
Gautam Adani World’s Biggest Wealth Gainer, Adds $16.2 Billion In 2021
Adani Group Chairman Gautam Adani has achieved a remarkable milestone amid the Covid-19 pandemic, as he added the highest wealth…
Senate Passes $1.9 Trillion Coronavirus Relief Package
The US Senate approved President Biden’s $1.9 trillion coronavirus relief plan Saturday, March 7th securing additional aid for American families, workers…
Naureen Hassan Named 1st VP, COO Of NY Fed
Indian-American Naureen Hassan, a 25-year veteran of the financial services industry, has been named as the First Vice President and…
17% Of Food Production Wasted, UN Report Estimates
A new report from the United Nations estimates that 17% of food produced globally is wasted each year. Instead of…
Warren Buffett Admits To A Rare ‘Mistake’
In his annual letter to shareholders of Berkshire Hathaway (BRKB), investing guru Warren Buffett disclosed that the company took an…
US Debt Soars To $29 Trillion, Owes India $216 Billion
The US, the world’s largest economy, owes India USD 216 billion in loan as the country’s debt grows to a…
Reliance Acquires Majority Stake In US-Based Skytran Inc
Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), announced on Sunday that it has…
Money vs. Happiness
The question whether the rich are more satisfied with their lives is often taken for granted, even though surveys, like…
Bitcoin Hits $1 Trillion Market Cap, Soars To Another Record High
The world’s most popular cryptocurrency jumped to an all-time high above $54,000, setting it on course for a weekly jump…
Coconut Oil Is The Best Hair Oil
Coconut oil is natures hair care miracle, offering 10-fold benefits when it comes to hair health. While its numerous hair…
Biden Orders Allowing H4 Work Permits
“Withdrawn”. A single word on a thick bureaucratic file on the seventh day of the Biden administration delivered a huge…
UN Expects India’s Economy To Recover By 7.3% This Calendar Year
The United Nations sees the Indian economy recovering by 7.3 per cent this calendar year after a coronavirus-driven fall of…
America’s Billionaires Have Grown $1.1 Trillion Richer During The Pandemic
Billionaires are minting money during the pandemic, even as millions of Americans join the ranks of the poor. US billionaires…
Indian Americans Have Highest Average Household Income In USA
The household income of Indian American family on an average is USD 120,000 (over ₹87 lakhs) per annum, surpassing all…
Biden’s $1.9 Trillion Covid Relief Proposal Has Ambitious Plans for Rekindling US Economy
President-elect Joe Biden unveiled a $1.9 trillion relief package Thursday that included more stimulus payments and other direct aid, but don’t expect…
Kiran Mazumdar-Shaw Is New Vice-Chair Of US-India Business Council
US-India Business Council (USIBC) has selected Biocon Executive Chairperson Kiran Mazumdar-Shaw as one of its vice-chairs effective immediately. US Chamber…
IAPC Seminar ByAlberta And British Columbia Chapters On Global Economy In The Post-Covid Era
“Covid pandemic globally impacted meticulously by various factors like globalization severely disrupted, the digital revolution accelerated, and inequality in all…
World Bank To Fund $500 Million ‘Green’ Highways Project In India
India and the World Bank on Tuesday signed a $500 million project to build safe and green national highway corridors…
Lawmakers Urge President-Elect Joe Biden to Preserve Work Authorization for H-4 Visa Holders
Over 60 members of the US Congress, including all four members of the ‘Samosa Caucus,’ wrote a letter to President-elect…
Trump Backs Down, Signs Covid Stimulus Package
Responding to multiple calls and prompting s from leaders from both the political Parties, President Donald Trump, finally signed into…
With Congress Approving Stimulus Bill, When Will You Get A Second Stimulus Check?
A second round of stimulus payments is included in a coronavirus relief package struck by congressional leaders late Sunday after months of…
Protesting Indian Farmers Call For 2nd Strike In A Week By SHONAL GANGULY (AP News)
Tens of thousands of protesting Indian farmers called for a national farmers’ strike on Monday, the second in a week, to…
GOPIO-CT Organizes Experts Panel On 2021 Tax Planning and Tax Saving Tips
With the year 2020 with all the uncertainties due to the Covid pandemic coming to a close, most of us,…
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