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Moody’s raises India FY27 growth forecast to 7% as economy weathers Iran war energy shockMoody’s Ratings has raised India’s FY27 growth forecast to 7% from 6.5%, citing resilient domestic consumption, improving investment and th...
US household debt rises to $19.1 trillion in Q3, delinquencies edge higher: New York FedUS household debt rises by $334 billion to $19.1 trillion in Q3, while troubled borrowing edges up to 5% of total debt, according to the Ne...
Farmer's son from small Tamil Nadu village builds Rs 1.5-crore software business after quitting nine-year Chennai IT career & starting with just two laptopsEswaran Arumugam started his software company, Yaa Creations, in Tamil Nadu with Rs 1 lakh borrowed from his brother and just two laptops. ...
The great Indian money hunt: Why India's shadow banks are pulling in billions of dollarsBlackstone is negotiating a significant investment in IIFL Finance, indicating rising global interest in non-bank lenders. Recent deals inc...
From Rs 25,000 to Rs 2.5 crore: Three Pune brothers turn college kabada project into goldmine, sold 20 lakh kg scrapThree Pune brothers have transformed a college project into a Rs 2.5 crore scrap collection business. Jayesh, Ganesh and Vaibhav Pakhale st...
Investing in real estate? Know how much property is too much, and when you should diversifyAt the ET Wealth Expo 2026, a dynamic panel engaged in a thought-provoking dialogue about the contrasts between investing in real estate an...
India's investment outlook strengthens as credit, exports rebound; inflation relief likely: HSBCIndia's investment outlook is improving as credit growth and corporate revenue increase, pointing towards stronger private capital spending...
Digital lenders clock 40-50% revenue growth as credit demand surgesDigital lender Kissht's revenue from operations rose 44.7% year-on-year to Rs 732 crore, while Moneyview reported 41% growth to Rs 1,120 cr...
Charting the global economy: Job growth in US tops all forecastsUS employment rose significantly last month, with the jobless rate declining to 4.1%, indicating robust economic activity. Labor productivi...
AI rout, energy costs add to fears of slowing global growthGlobal markets face mounting pressure from persistent inflation, rising borrowing costs and concerns over slowing economic growth. Elevated...
Microfinance lenders tread cautiously amid rural stressThe microfinance sector experienced varied performance in the second quarter of FY27, reflecting economic uncertainty. Bandhan Bank and Cre...
Fed's Beth Hammack and Thomas Barkin favour gradual rate hikes as inflation stays highTwo officials from the Federal Reserve have supported modest and steady interest rate increases to combat high inflation. They believe thes...
Fed's Beth Hammack favors gradual rate-hike path to lower inflationCleveland's Federal Reserve President Beth Hammack has emphasized the need for additional rate hikes to achieve the target inflation rate o...
Ramayana star had to borrow money to come to Mumbai, had only Rs 85 in his pocket. He is known for playing villains but is a hero in real life – he has paid fees for poor children for over 13 years: ‘I have refused…’There was a time when Mukesh Tiwari received a monthly pay of only Rs 3,500. In a conversation with Divya Marathi, the actor shared his cha...
Middle class spending boom in India comes with growing debt billConsumer borrowing in India has surged significantly as access to credit has expanded across the population. Individuals like Navjot Singh ...
Rise in NPA is transitory, as borrowers take time to adjust to new rules, says Muthoot Finance MDMuthoot Finance has indicated an increase in bad loans linked to evolving lending regulations that are affecting borrowers. The company exp...
BOJ signals December rate hike, but path beyond 1.5% remains uncertainThe Bank of Japan has strengthened signals of a possible December rate hike as inflation remains above target. However, uncertainty over Ja...
Biggest threat to middle-class is not layoffs, market crash or inflation: Gujarat CA reveals one thing quietly making all three worseA chartered accountant has warned that biggets threat to middle class in the next few year is not layoffs, market crash or inflation. He ha...
UK PM Burnham's trip to India could take place soon: British envoyUK Prime Minister Andy Burnham is keen to visit India soon, Acting British High Commissioner Ben Mellor said on Thursday, highlighting stre...
UK Budget 2026 Highlights: Treasury chief John Healey presents his first budget, check latest updatesChancellor John Healey on Wednesday presented his first Budget focused on the rising cost-of-living crisis and energy prices. There were ex...