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HOUSEHOLD DEBT REDUCTION
India's economic plot twist comes with one villain stepping aside, another waitingIndia's economic outlook has improved as falling crude oil prices ease inflation, strengthen the balance of payments and prompt economists ...
Is India's economic growth real? Raghuram Rajan says something is offFormer RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign...
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
Why has the average mortgage payment crossed $2,000, and how can you lower yours as mortgage rates remain stubbornly high in 2026?The average mortgage payment has surged past $2,000 for the first time, reaching $2,005 as high mortgage rates, rising home prices, and per...
Is a deeper bond crash ahead? From Washington to Tokyo, governments are paying the highest borrowing costs in decades as global bond yields surge — why are investors dumping bonds?Global Bond Yields Spike to Multi-Decade Highs as Iran War Fuels Inflation Crisis: From Washington to Tokyo, governments are now paying the...
Petrol-diesel price hike coming soon? Why IMF says it mustSpeculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...
US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...
Horoscope Tomorrow, 2nd May 2026: Big Changes Ahead, Who Rises, Who Heals and Who Wins Big?Horoscope tomorrow for 2nd May 2026 brings a powerful mix of growth, reflection, communication, and fresh momentum. The Moon in Libra promo...
More cash each month! Social Security Administration revamp could mean bigger checks soon – here's what retirees must knowSocial Security calculation change 2026 boosts monthly checks: More money is finally reaching retirees. The Social Security calculation cha...
Let oil prices hurt: IMF cautions against govt shielding consumersThe IMF is urging governments to let fuel prices rise, warning that broad subsidies and price caps worsen global energy shocks. Allowing pr...
Live near a metro station? Your home loan may get easierNew research reveals metro station proximity positively impacts home loan EMIs by reducing transport costs and private vehicle reliance. Th...
Rapid metro rail expansion in the country translated into stronger household liquidity management: EAC-PM Working PaperA working paper, co-authored by Soumya Kanti Ghosh and Pulak Ghosh, both part-time members at the Economic Advisory Council to the PM (EAC-...
Moody’s says GST reform to aid consumption but weigh on government revenuesMoody's Ratings indicates that recent GST rate revisions will bolster household finances and stimulate consumer spending, although governme...
India's rising household debts are not worrisome: SBI reportIt said India's household debt is manageable and not worrisome at all, as two-thirds of the portfolio is of prime and above credit quality ...
Survey reveals US medical debt reached $74 billion in 2024 due to rising healthcare costsA recent West Health Gallup survey revealed that 31 million Americans borrowed a staggering $74 billion for medical expenses in the past ye...
China debt ratio hits record but pace of borrowing easesTotal debt combining the household, corporate and government sectors climbed to 281.5% of gross domestic product in the second quarter, acc...
Nikhil Kamath believes Indian consumption story could soon be on a sunny sideIndian households are reducing their debts at a faster pace than most emerging economies, making domestic consumption an attractive sector ...
ECB promises "prudent" balance sheet cut as stability risks rise"Risks to financial stability in the euro area have increased amid soaring energy prices, elevated inflation and low economic growth," the ...
Chhattisgarh signs up for Uday scheme, to net Rs 3,100 crore benefitChhattisgarh has became part of the Centre’s revival scheme for power distribution companies, which is expected to help the state derive a ...
Millions in UK 'struggling' financially: studyThe research, based on a poll of 2,100 people in October, suggests nearly 10 per cent of households have defaulted on a loan, bill or housi...