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Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report
Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…
PTI
Amid growing political uncertainty in Pakistan, IMF expresses concern over its financial stability
The IMF noted that despite a coalition government formed by the alliance of Pakistan Muslim League-…
ANI
RBI to act early to prevent any risk to India's fastest growth potential: Guv Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest growing major e…
PTI
Household debt in India does not pose systemic concern: RBI
Despite the recent increase in financial liabilities, household debt in India is much lower than in…
Indian economy making solid recovery despite global headwind: RBI Governor Das
Reserve Bank Governor Shaktikanta Das has stated that the Indian economy has made a strong recovery…
PTI
Gen Xers who began their financial independence journeys in their 40s and 50s explain how they're on pace to meet their early retirement goals
BI spoke to late starters who started to save and invest in their 40s and 50s and set themselves up…
Noah Sheidlower
Ex-Stability AI leader says being a CEO sucks: 'Elon was right'
Being CEO is "like looking into the abyss and chewing glass," former Stability AI leader Emad Mosta…
Ana Altchek
Indian markets could recover on Monday but earnings, global cues will decide the rest of the week, say experts
Indian stock markets are geared up for a dynamic performance in the coming week, influenced by a mu…
Interest in government jobs is spiking due to their stability and cushy benefits
Government jobs have been trending on social media as employees seek stability amid mass layoffs an…
Ana Altchek
India's current account deficit widens to 4.4% of GDP in Q2 due to high trade deficit: RBI data
Widening trade gap pushed up the country's current account deficit to USD 36.4 billion or 4.4 per c…
PTI
A Georgia millennial who grew his net worth to over $500,000 secretly working 2 remote jobs says it gave him the 'financial stability' he didn't have as a child
A Georgia-based millennial earns over $250,000 a year secretly working two remote jobs. He said he'…
Jacob Zinkula
In India, being educated might increase your chances of unemployment: ILO report
According to the latest International Labour Organisation (ILO) report on India's labour landscape,…
These 6 US cities are the greatest 'engines of the global economy,' beating financial hubs like London and Singapore, a study of 1,000 cities worldwide finds
Oxford Economics' Global Cities Index ranked six US cities, including Dallas, at the top of its eco…
Polly Thompson
Stock market today: Indexes hover at records ahead of big inflation report
The Nasdaq closed at a record, and the S&P 500 hovered just under its own all-time high as investor…
Filip De Mott
'Mind-blowing' US debt binge amid high interest rates is threatening financial stability, Larry McDonald says
The US government has spent some $28 trillion since 2020, causing its debt to surge toward $33 tril…
Joseph Wilkins
Crypto could give Russia several ways to sidestep sanctions — and bitcoin mining powered by embargo-hit energy is just one, the IMF says
Laws and regulations for foreign exchange should be amended if needed to cover crypto alongside tra…
Hamza Fareed Malik
Banks' non performing assets hit a six year low, says CARE Ratings
Even though the gross non-performing assets (GNPA) of scheduled commercial banks in India has hit a…
Meet a boomer who unretired to help her Gen Z kids get through college and find stability: 'They're terrified'
Jane, a boomer, didn't budget for helping out her two 20-something kids during retirement, so she d…
Juliana Kaplan
Global financial stability at risk from banking turmoil: IMF chief
International Monetary Fund (IMF) chief Kristalina Georgieva has warned that the global economy fac…
A millennial couple who reached financial independence by their mid-30s but don't want to retire early share how they still save 80% of their income
Lindsey and David Barber save 80% to 85% of their income for retirement and their son's future, tho…