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Subscribe to enjoy similar stories. Accounting conventions require that capital is accounted for in the balance sheet of the enterprise, and expenditures and incomes in the profit-and-loss account. This is universal for all corporate enterprises, be they business ventures, government agencies or ‘non-profit’ organizations.

Subscribe to enjoy similar stories. India’s policymakers should be drawing up strategies to deal with the new age of trade barriers. Instead, they seem to be looking forward to it with a certain confidence, even optimism.

A March CNBC Fed Survey put the probability of recession at 36%, up from 23% in January. J.P. Morgan’s chief economist put the odds at 40%.

Subscribe to enjoy similar stories. Amrut Distilleries Pvt Ltd, best known for its namesake single malt whisky, is making a bold bet on rum with the recent launch of what it calls the world’s first single-jaggery rum. The 75-year-old company has been expanding its domestic footprint steadily, with its whiskies now being sold over 20 states.

Subscribe to enjoy similar stories. President Trump’s trade war is forcing America’s closest allies to choose between fighting back, or acquiescing. The trouble is, nobody has figured out which is the best way to get Trump to do what they want.

Subscribe to enjoy similar stories. In a recent talk at the Institute for Social and Economic Change, economist Sanjay Reddy noted a startling fact about India’s growth process. According to the International Monetary Fund, in 2024, India ranked 142nd out of approximately 190 countries, with a nominal per capita GDP of around $2,700.

SBI Card, the second-largest credit card issuer in the country, has announced several revisions to its rewards program for credit cards, which will take effect from April 1, 2025. The upcoming changes will impact some of its popular credit cards, such as Club Vistara SBI Credit Cards, Club Vistara SBI PRIME Credit Cards, SimplyCLICK SBI Card, Air India SBI Platinum Credit Card, and Air India SBI Signature Credit Card.

Valerie Chapman, turned to LinkedIn after being laid off twice and now earns approximately Rs 8.6 lakh a month. Chapman previously worked in advertising and content creation but found stability in content monetization on LinkedIn.

Subscribe to enjoy similar stories. It’s time to hedge America. Even though President Donald Trump has declared that April 2 will be America’s Liberation Day, stock investors may reach a different conclusion.

Subscribe to enjoy similar stories. U.S. stocks have sold off this year on concerns about a burgeoning trade war and an accompanying economic slowdown.

Subscribe to enjoy similar stories. Rapturous applause and a sea of phones in the air greeted President Trump as he walked on stage and declared, “The golden age of America has officially begun." He was barely a month into office when the Saudi-backed investor conference in Miami captured the optimism. “The Nasdaq is up nearly 10% in just a few months," Trump said, ticking through a list of economic indicators.

Subscribe to enjoy similar stories. AMERICA’S ECONOMY is looking peaky. Inflation expectations are creeping up.

Subscribe to enjoy similar stories. Changes to the benchmark Nifty50 index will be effective from 28 March. Jio Financial Services Ltd and Zomato Ltd will replace Bharat Petroleum Corp.

recession indicator: the income of exotic dancers, according to Daily Mail.

Rachel Reeves is getting ready to give the Spring Statement for 2025. She'll be talking about how the economy is doing and the challenges that are still ahead. However, with stalled tax receipts and increased borrowing costs, she is expected to announce £5 billion in public spending cuts. The details of these cuts will be outlined in the summer’s spending review. Reeves, as per media reports, will stress her commitment to fiscal discipline in spite of pressure from economists arguing against self-imposed constraints. A Guardian report stated that the Office for Budget Responsibility (OBR) is expected to confirm that October’s projections have shifted into the red. Reportedly, this was caused by a £10 billion shortfall due to higher debt financing and increased defence spending. To address this, international aid has already been reduced by £6 billion, the report stated and added that welfare cuts and civil service job reductions will also contribute to savings.

Currency moves amid Donald Trump’s tariff war are aligning to actually boost Canada’s stock market, according to a CIBC analyst.

Last week, Pierre Cléroux of the Business Development Bank of Canada wrote here that for the first time in 15 years of making economic outlook presentations, he’s getting unprompted questions about productivity. It seems Canadians are having an “Aha!” moment about productivity, thanks to U.S. President Donald Trump’s tariff attack on their bottom lines.

Ayushman Bharat and will get health coverage of Rs 5 lakh. Preparations to provide the benefits of Ayushman Bharat to gig and platform workers are almost complete, Sumita Dawra, Secretary, Labour and Employment Ministry, told in an exclusive interview. India's gig and platform economy is expanding, offering new jobs in sectors like ridesharing, delivery, logistics, and professional services. NITI Aayog has projected that the gig economy in India will employ over one crore workers in 2024-25, subsequently reaching 2.35 crore by 2029-30. Recognizing the contribution of the gig and platform workers to the nation's economy, Union Budget 2025-26 announcements had provision for registration of online platform workers on e-Shram portal, issue of identity cards, and and healthcare coverage under Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). Dawra said schemes for gig and platform workers will be started soon.

stagflation," as one economist put it—a concern gaining traction among analysts who question whether the U.S. economy's strong post-pandemic performance is beginning to wane. On Wednesday, the Federal Reserve painted a picture of an economy reshaped dramatically by President Donald Trump and his economic policy. It warned that tariffs could significantly dampen the economic outlook, ushering in higher inflation and slower growth. That sparked concerns about the dreaded “stagflation,” an economic curse that is hard to escape. ALSO READ: Who is Jeffrey Goldberg, the Atlantic's editor who was 'accidentally' added to top Trump officials' secret Yemen strike chats

Subscribe to enjoy similar stories. NEW DELHI : The Centre’s revenue deficit grants to states have sharply declined in recent years, reducing the funds states receive under the 15th Finance Commission’s recommendations. The grants, meant to cover post-devolution revenue shortfalls, fell from ₹1,18,452 crore in 2021-22 to ₹24,483 crore in 2024-25, with a further drop to ₹13,705 crore expected in 2025-26, budget documents show.