Kerala economic situation: The economic situation in Kerala is dangerous, claims the opposition in the assembly

Congress-led opposition UDF accused on Thursday Kerala Legislative Assembly That the economic situation in the state was being taken to a “dangerous” position due to fiscal mismanagement of the government and the motion to adjourn the House and discuss the issue was rejected. Leader of Opposition in the Assembly (LoP) VD Satheesan claimed in the House that the southern state’s fiscal indicators indicate its “fiscal vulnerability” and since the ruling front was unwilling to discuss the issue, the UDF was walking out. . His argument came after Speaker MB Rajesh…

Nasdaq: S&P 500, Nasdaq high as investors eye economic path

The S&P 500 ended slightly higher on Tuesday as investors kept their focus on the US economy’s growth trajectory and tech-heavy. Nasdaq high off while doe slipped. US stocks have been under continued selling pressure this year, with the benchmark S&P 500 index recording its sharpest first-half decline since 1970. federal Reserve Gets away from the easy-money policy by raising the cost of borrowing. Investors are waiting for minutes irrigatedThey are set for another 75-basis-point rate hike at the end of the month as they meet in June on Wednesday.…

Managing Data – The Economic Times

This refers to your edit “A welcome find” (ET, Oct 8). Having a strong database is a must. But just having a database of jobs is not enough; The data must be consistent. It is observed that the data varies from ministry to ministry, department to department. India’s information system is not very accurate and efficient. A centralized database system can address this issue that will provide consistent access to diverse groups of people and policy makers. Debashish Maitra IRMA, Anand, 8 October Source link

Amalgamation Bank – The Economic Times

This refers to your edit ‘India needs new banks’ (ET, March 4). Financial inclusion and financial literacy will be of paramount importance while implementing the UID project as well as reforms to protect the interests of the poor. The modern banking system has lost its personal touch. Even citizens of semi-urban areas shy away from using ATMs. NextGen banking may fail in rural areas. It is true that we need more banks and new ways of thinking, competition will drive away the disabled. ET in the same edition suggested the…

Finance minister should reconsider – The Economic Times

It means ‘We withdrew the incentive last year!’ (ET, March 4). TT Ram Mohan has rightly suggested that the tax-GDP ratio measures structural reform. The finance minister should reconsider his medium-term debt-GDP target. It seems strange to lose substantial revenue by cutting IT rates. If oil crosses the level of $75-80, the finance minister will have to increase petro product prices and borrow more. Prices in most sectors like FMCG are increasing rapidly due to hike in excise duty and fuel taxes. Macro-economic conditions such as heavy government borrowing, tight…

Stock market: The biggest fear of the stock market these days: Strong economic data

Suddenly, the market is back in “good-news-is-bad-news” mode. any positive readings on the economy, particularly on employment and inflationcan be interpreted as signs that federal Reserve Be aggressive with your rate hiking regime. Anthony Saglimbin, global market strategist Ameriprise Financial, join this week’s “What Goes Up” podcast to discuss your thoughts on that. Below are lightly edited and condensed highlights of the conversation. Click here to listen to the entire podcast, and subscribe on Apple Podcasts or wherever you listen. You say that good news is again bad news for…

The economic situation improves in 2021, but will it continue?

Even though jobs are plentiful and wages have increased, many families still face a shaky economic outlook. higher than average inflation, which Hit low and middle income family hardest, likely to remain in 2022. a rental crisis looms can either undo benefits in financial wellness Found by the Federal Reserve in late 2021. In addition, many new or expanded government benefits created during the pandemic have now ended, adding to the financial uncertainty of many households. Reviving the Extended Child Tax Credit (CTC) would be one way to help families…

Economic well-being, an expired deadline, and fast discounts

Americans hated the economy in 2021 but loved their own financial situation. new one Federal Reserve Board Survey, last fall, found that 78% of households surveyed said they were either “doing fine” or “living comfortably,” the highest level since the Fed first surveyed in 2013. and Advanced Child Tax Credit payments. As inflation began to accelerate, the Fed conducted the survey. Minnesota lawmakers missed their budget deadline. They agreed on a $4 billion tax break over the weekend but failed to agree on a spending plan by Sunday night. Governor…