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CHINA HOUSING DEBT CRISIS
In Graphics: India’s wealthy cement their seat on the high tableWhile the USA remains the primary millionaire factory, India outpaced many developed markets in growth. India’s wealth is rooted in real as...
Tangkhul Nagas' houses near Myanmar border in Manipur torched by militantsVillages inhabited by Tangkhul Nagas in Manipur's Kamjong district were set ablaze, with suspected Kuki National Army-Burma cadres blamed f...
Mortgage refinance rates today: Check current mortgage interest rates for 30-year, 20-year, 15-year, 10-yearMortgage interest rates today: It averaged 6.49 per cent last week. Spending on multi-family housing units, which account for a small share...
M3M Group to invest Rs 10,000 cr on construction, land acquisition in FY27
Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
Household sector debt climbs to 45.5 pc of GDP in Sep 2025: RBI reportHousehold debt has climbed to 45.5% of India's GDP, driven by a surge in non-housing retail loans, now making up over half of total borrowi...
Credit guarantee of Rs 13 lakh cr to micro, small cos in last few yrs; delayed payments under lensThe government has provided substantial credit guarantees, totaling Rs 13 lakh crore, to micro and small enterprises, significantly boostin...
Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
India's external debt rises to $762.8 billion in FY26, debt-to-GDP ratio climbsIndia's external debt reached $762.8 billion by March 2026, a rise of $26.3 billion year-on-year, pushing the debt-to-GDP ratio to 20.8%. T...
The AI boom won't burst all at once. It will pop in 'rolling bubbles': MacquarieMacquarie expects the AI investment boom to unwind through a series of "rolling bubbles" rather than a single crash, as different segments ...
Capri Global eyes debut dollar debt sale, starts procedure, bankers sayCapri Global Capital is set to enter the foreign currency debt market, planning to raise funds through U.S. dollar denominated bonds. The n...
China's rivers and lakes defied a global oxygen crisis across 17 years, and nearly 1,300 sites, and the surprise is that it had nothing to do with slowing down climate changeFreshwater ecosystems worldwide are facing declining oxygen levels, a critical issue for aquatic life. However, a recent study in China rev...
In May, every 10th new car sold in Europe was ChineseChinese car brands have captured over 11% of the European new car market for the first time, driven by hybrid and plug-in hybrid models off...
Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
Brazil plans up to $735 million panda bond issuance, says finance ministerBrazil is set to launch its inaugural panda bonds, aiming to raise up to 5 billion yuan ($735 million). This significant debut marks Brazil...
China's EV exports in May rise 50% on-year to reach record highChina’s exports of electric vehicles hit a record $9.2 billion in May, rising nearly 50% year-on-year, as global demand for cleaner transpo...
Rupee rebounds, but risks aboundThe rupee has experienced a brief rebound fueled by optimism surrounding the potential reopening of the Hormuz Strait and a decrease in oil...
India poised to drive next wave of global steel demand, says Lakshmi MittalIndia is set to lead global steel demand in the coming decades. Large-scale infrastructure projects, urban growth, and energy transition in...
Why the world is betting on China again, and what India must do about itChina's business environment prioritizes market share with strong government backing. The nation has shifted to high-quality, high-speed pr...