Ticking Debt Bomb for Young India

The multinational is giving way to the multi-local, as tariffs, geopolitics and supply-chain risk force companies to rebuild around regional roots rather than one global blueprint. In the latest Corner Office Conversation from The Economic Times World Leaders Forum Bain & Company ...  Show more

Chhattisgarh has declared an end to armed Maoism in Bastar, but the ground reality is far more complicated than a deadline. Over 1,000 surrendered cadres remain in rehabilitation centres while 1,800 others have already returned to their villages — some welcomed, others met with d ...  Show more

A recent TransUnion report shows borrowers aged 22 to 24 are carrying an average of roughly $2,800 in credit card debt — adjusted for inflation, that’s more than millennials in the same age range a decade ago. Then, an ad for Apple’s latest iPad has gone viral … for the wrong rea ...  Show more

In today’s episode for 26th October 2023, we look at whether the massive fall in household financial savings coupled with a boom in small-ticket loans is a reason for worry.

Talk to Ditto - https://bit.ly/45uvyDL

In today's world, where there's a need, there's an app. With the onset of the pandemic, many Indians have been struggling to make ends meet, and the demand for credit has skyrocketed. While a plethora of banks and fintech startups exist for just this, opportunistic loan sharks al ...  Show more

Nvidia says it expects to take a $5.5bn blow as the US clamps down on the Silicon Valley group’s ability to export artificial intelligence chips to China, and PwC is exiting 12 countries. Plus, the junk bond market has basically ground to a halt, and India’s middle class is deali ...  Show more