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RBI imposes penalties on three housing finance companies for non-compliance with directions
The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…
ANI
Maldives President Muizzu met with PM Modi in Delhi today. Here’s how it went!
New initiatives like RuPay card payments and a currency swap agreement have been introduced, with b…
Why China's new stimulus bazooka isn't enough to fix the nation's housing crisis
China's latest attempt to prop up the economy includes mortgage rate and down payment reductions. B…
Filip De Mott
Despite budget provisions, residential housing market will see sales growth, notes recent report by Knight Frank
A notable 24% expect stability, while 25% predict a potential decrease, reflecting a balanced yet c…
ANI
I moved back to the US after 25 years in the UK. People abroad were more polite than Americans, but I never quite fit in there.
She moved back to the US after 25 years in the UK. Now, she cringes when Americans demand a free me…
Dana Mayer
All eyes on China: Rush of foreign investors can do little to stave off a slowdown, says World Bank
China's last public holiday of the year, the Golden Week, which ended on October 7 and commemorat…
RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%
Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …
This is the anti-ESG venture capital firm that Donald Trump Jr. is joining instead of taking a White House role
Donald Trump Jr. will join Florida-based 1789 Capital, a VC firm that says it backs companies harme…
Grace Eliza Goodwin
Rate cuts might make it cheaper to buy a house, but they won't fix the US housing market's biggest problem
Lower interest rates might seem like a boon for buyers, but builders are facing a host of problems …
Filip De Mott
The housing market is seeing its biggest logjam since before the pandemic
More than 19% of homes on the market saw a price cut in August, the highest share in 5 years, Redfi…
Jennifer Sor
Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
China's massive stimulus is missing a key ingredient: a way to revive the nation's consumers
China announced a major stimulus package on Tuesday, but offered no fiscal support. It's necessary …
Filip De Mott
A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …
NHB asks large housing finance companies to adopt early warning signals framework
It has also been observed that such deficiencies are identified only when the borrower stops pa…
PTI
On the right track — Economic Survey 2023-24 outlines India’s commendable climate action
India's Economic Survey 2023-24 showcases remarkable progress in combating climate change and promo…
Philadelphia is experimenting with guaranteed income pilots for pregnant people and housing insecure families
Philly Joy Bank and PHLHousing+ are guaranteed basic income pilots in Philadelphia offering familie…
Allie Kelly
An Arkansas county doesn't want families to move. It's offering them up to $50,000 to buy a new home.
Mississippi County, Arkansas is offering new and existing residents up to $50,000 toward their drea…