The whole world is under the financial crisis, it all started with US in the end of December 2007. Even before taking in-charge, the Obama team has started planning to recover the economy. The recovery plan has worked well which is very well clear from the recent report on US economy and Job loss rate.
In [...]

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The Ambani family is the richest family in the world. The net worth of their wealth is $ 101 billion. One of the main reasons behind this achievement is the strong share market in India. The Ambani group shares play an important role in the share market as they are among the top five performers [...]

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The number of quoted American companies in bankruptcy was highest in 2008 since 2001. Unfortunately, 2009 doesn’t seem to be better.
CIT Group is a financial services company for small and middle market businesses. This company is present in more than 50 countries throughout the world.
Last December, CIT Group received an American governmental help which rose [...]

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218 million American citizens have access to internet networks but only 65 million can use the broadband. The goal of this operation is to increase the broadband network and in fact boost the economy. Even in crisis time, internet stays a necessity. Obama has launched a national plan to improve the broadband network.
The 4 billion [...]

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Who has never dreamed of having his own house? It’s one of the first things you draw as a child…” my future house”. The problem is that it isn’t half as easy to get yourself a house, because you have to obtain your loan. No loan, no house!
The recent global financial and economic crises show [...]

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President Barack Obama has announced a new tax proposal on 04th May 09 for US multinational companies. The basic idea of Obama’s new tax rule is to close a loophole that allows US firms to avoid paying tax on profits earned from overseas operations in countries like India. In addition, it helps to generate incremental [...]

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Due to the slowing-down of the American economy and stock market fluctuations, thousands of IT people are facing more job cuts in recent days throughout the world. The economic downturn has affected every sector including IT, Banking, BPO, marketing, media and telecommunication.
Banks have cut almost 125,111 jobs since the credit crunch started last July 2008. [...]

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Education is not only a source of knowledge; it also helps to develop the personality of an individual which includes the way of talking, leadership qualities, skills, general knowledge etc. But quality education is still a dream for people who can’t really afford it. In such a case they can easily go in for [...]

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“Though usually overlooked, setting up a good personal budget is the first step to any money management activity. Without it, you cannot control your finances and will always fall short of your goals.”
Mark J. Randall, Certified Financial Planner
In today’s financial crisis we are supposed to be following budgeting strategies, to reduce the amount of stress [...]

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Right way to plan your budget

In this recession, a lot of people have lost their job. Even people at job, can’t expect more hike as some companies have implemented salary reduction. This situation had made people to rethink about their budget, so as to plan their expense within the earning and to save at least a penny for future. [...]

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