VENTURE CAPITAL POST

Ricardo Anaya was scrutinized because of his expenses that is more than his declared income

The central bank of India is looking into a phenomenon of a massive surge in the public cash during the election period. Election expenses and cash gifts for voters are among the factors speculated to contribute to the cash spike.

Soundcloud's financial report revealed that the company is experiencing significant loss in 2014, and the losses had started from several years before. The 2014 loss was due to large expenses, even though Soundcloud's revenue actually experienced a growth. The company expects to face losses for the next three years, but they are striving to plan strategies to increase income.

Raising a baby is expensive. First-time parents could easily get lost navigating across tedious budgeting task for their baby. Huffington Post reported that the US Department of Agriculture found out that the middle-income family spends an average of $13,000 during the first year of a baby.