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2 mins read

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   


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3 mins read

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   


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1 min read

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   


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2 mins read

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…

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2 mins read

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   


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5 mins read

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   


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3 mins read

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   


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3 mins read

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…

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5 mins read

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   


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2 mins read

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   


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4 mins read

Jacob Zinkula   


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2 mins read

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,…

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2 mins read

Polly Thompson   


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2 mins read

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   


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2 mins read

'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   


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3 mins read

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   


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1 min read

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…

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3 mins read

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   


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1 min read

Global financial stability at risk from banking turmoil: IMF chief

International Monetary Fund (IMF) chief Kristalina Georgieva has warned that the global economy fac…

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5 mins read

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…

Noah Sheidlower