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This is why you should teach your child to be financially sound

Parents should focus on financial empowerment of children at a young age itself when their minds are open to understanding concepts and building notions. 

10-year jump in life expectancy for rich nations, US lags: OECD

Life expectancy at birth measures how long someone born today would live if current mortality rates continued to apply.

In the red, Cricket Association of Bengal to check on spending

In the red, Cricket Association of Bengal to check on spending

Stumped by a deficit of Rs 3.70 crore in the last financial year, the Cricket Association of Bengal will now have budget in place for all its sub-committees to check on its spending.

Except for rich, Americans` incomes fell last year

Most Americans` incomes continued to fall last year, but the richest 20 percent saw theirs rise, a new Labor Department report showed Thursday.

ExxonMobil cuts capital spending on falling oil prices

US oil giant ExxonMobil said Wednesday it would reduce investment spending by nearly 12 percent this year in response to lower crude-oil prices.

India's consumer spending likely to improve: Report

With reinforcing sentiment on job security and income recovering, consumer spending in India is likely to improve in coming few months, a study said.

Online retail mkt spend to jump 10 times to USD 14 bn in 5 yrs

Online retail market spending is likely to jump more than 10 times to USD 14 billion in the next five years in the seven major cities, according to property consultant Knight Frank.

Arun Jaitley hints at more spending cuts

Having already crossed the fiscal deficit target in November, Finance Minister Arun Jaitley on Friday hinted at more cuts in spending so as to contain it within limits for the current fiscal, saying he does not believe in living on borrowed money.

PM Modi asks ministers to spend budgetary allocations evenly

Prime Minister Narendra Modi on Monday asked his Council of Ministers to ensure that the budgetary allocations for the respective ministries are spent evenly throughout the year and denounced the practice of utilising funds at the fag end of the financial year.

Roma, Monaco, Inter, Liverpool probed over financial fair play

Roma, Monaco, Inter, Liverpool probed over financial fair play

AS Roma, Monaco, Inter Milan and Liverpool are among seven clubs who are being investigated for possible breaches of financial fair play regulations, European soccer`s governing body UEFA said on Thursday.

F1 teams step away from cost-cutting clash

Formula One`s cash-strapped smaller teams sounded a note of cautious optimism on Friday after a meeting with the sport`s powerbrokers to discuss how to slash costs in the face of opposition to a cap on spending.

Pentagon to cut $1 bn in civilian workforce spending

US Defence Secretary Chuck Hagel has announced plans to cut Pentagon staff by 20 percent, which would save $1 billion from 2014 to 2019.

People overspend on Christmas: Ronan Keating

Irish singer Ronan Keating feels that people tend to overspend on Christmas shopping.

India spent over Rs 4,42,000 on defence equipment

India spent over Rs 4,42,000 crore in the last ten years on procuring defence equipment for the armed forces from both foreign and Indian players.

Naxal hit districts spend 47% of funds

Sixty naxal hit districts across
nine states have spent 47 per cent of funds allocated under
the Integrated Action Plan for providing basic facilities
like roads and power in these areas in the last 10 months.

Pak`s annual defence spending at Rs 495bn

Pakistan hiked its defence budget by nearly 12 per cent to Rs 495 billion for fiscal 2011-12.

India needs to increase spending on healthcare: WHO

Low govt spending on health - at $32 per capita characterizes the poor state of healthcare in India.

India needs to increase spending on healthcare: WHO

Low govt spending on health - at $32 per capita characterizes the poor state of healthcare in India.

India needs to increase spending on healthcare: WHO

While India`s life expectancy has gone up to 65 years
in 2009, up from 61 years in 2000. Global life expectancy was
still higher at 68 years in 2009 as compared to 64 in 1990.

Global military spending growth slowest since 2001

South America saw the largest increase in military spending growth last year.