MUDRA loan scheme: Negating Chidambaram, ex CEA K V Subramanian says MUDRA loans’s impact has been positive

Days after former Finance Minister P. Chidambaram criticised the Centre’s MUDRA loan scheme, saying it was “practically worthless” in promoting businesses, former Chief Economic Adviser Prof. K V Subramanian has replied that it is surprising that the former minister is questioning the impact as data closely shows how positively it has impacted the beneficiaries. Launched … Read more

Liz Truss’ honeymoon canceled as pound plummets and UK borrowing costs soar – POLITICO

Press play to listen to this article LIVERPOOL, England — As an inexperienced leader taking charge of a country in crisis, Liz Truss knew she needed to hit the ground running this month. But three weeks into her fledgling premiership, the new U.K. prime minister finds herself scrambling to stay ahead of events as last … Read more

Berkshire Looks Like a Loser With 3 Big Buys

Text size Warren Buffett, CEO of Berkshire Hathaway, said his company often buys equities before a market hits bottom. AFP via Getty Images When asked about Berkshire Hathaway ’s investment success at the company’s annual meeting in April, CEO Warren Buffett said Berkshire is often early. He pointed to the company’s large equity purchases in … Read more