What is the current account deficit?
A prolonged war in Ukraine has pushed the prices of crude oil beyond $100 a barrel. And due to it, the trade deficit in June soared to a high of $25.63 billion. It stood at $9.61…
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Reserve Bank Raises Inflation Projection To 6.7% For Current Financial Year
Reserve Bank of India (RBI) on Wednesday upped inflation projection for the current fiscal to 6.7 per cent from 5.7 per cent forecast in April.
RBI Governor Shaktikanta Das said the upside risk to inflation persists…
ServiceNow CEO says current economic downturn ‘is not even close’ to 2008 crisis
ServiceNow Chief Executive Bill McDermott told CNBC's Jim Cramer on Monday that he doesn't expect the current economy to undergo a market downturn like the 2008 financial crisis."This is not even close to 2008. In 2008, I was with a…
GO in the Know: Current Gas Prices in All 50 States & Top Financial News for June 3
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We’ve…
No recession ahead: Evercore ISI predicts S&P 500 will jump 22% from current levels
While retail investors head for the exits as stock prices sharply fluctuate, Evercore ISI's Julian Emanuel wants to put money to work.He calls the market environment very ugly, but he believes the economy will avert a recession —…
Can I purchase a new house using the sale proceeds of my mother’s current house?
I am planning to buy a house in the near future. My mother is in the process of selling a house she owns. Is it possible for me to use the proceeds from the sale to buy a new house? Will I have to include my mother as a buyer…