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2 mins read
FM announces credit guarantee scheme, other measures for MSMEs
The credit guarantee scheme for MSMEs in manufacturing will operate on the pooling of credit risks …
PTI
3 mins read
A second Trump term would be 'chaos' for student loan borrowers
Trump has intensified his verbal attacks on student loan forgiveness and a recent Supreme Court rul…
Katherine Tangalakis-Lippert
3 mins read
Student-loan borrowers can expect more debt relief before Biden's term is up, a top White House House official says
White House chief of staff Jeff Zients told Axios that more student-loan forgiveness is coming for …
Ayelet Sheffey
1 min read
Surge in top-up housing loans not system-wide issue, says RBI Governor
Such cases are being dealt at the supervisory level bilaterally, he said. "Such practice…
PTI
4 mins read
A major student-loan company is once again at the center of a lawsuit blocking debt cancellation for millions of borrowers
The latest lawsuit that temporarily blocked broader debt cancellation argues the relief would harm …
Ayelet Sheffey
2 mins read
Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…
ANI
4 mins read
Welcome to interest-rate cut week: Here's how the Fed's next move will impact everything from home prices to new cars loans
The Federal Reserve is expected to finally announce interest-rate cuts this week. Here's everything…
Madison Hoff,Ayelet Sheffey
1 min read
India actively taking steps to become global manufacturing centre: Lazard report
It further noted that in his two terms in power, Prime Minister Narendra Modi has stabilised the ec…
ANI
2 mins read
HDFC bank sees muted quarterly business; share drops 4.15% during trade today
Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…
3 mins read
I was drowning in $370,000 of student loan debt with my salary as a teacher. Then, it was all forgiven.
A woman with a Ph.D. and $370,000 in student loan debt struggled to pay down her loans. She cried w…
Sarah Graves
2 mins read
IPO Overview : DEE Piping, Akme Fintrade, GPES Solar
IPOs of Aasan loans and DEE piping systems are debuting on the market today, and will close on 21st…
3 mins read
The Biden administration is giving entrepreneurs a shot at loans up to $2 million for climate-focused projects
The SBA is increasing its maximum loan amount for climate-focused projects as part of the green len…
John Towfighi
2 mins read
Student-loan borrowers can likely count on more debt cancellation if Kamala Harris wins the presidency
Kamala Harris has backed several key student-loan forgiveness efforts during her career.
Ayelet Sheffey
10 mins read
Meet the millennials who got student-loan forgiveness and now have the freedom to save for retirement, grow their families, and consider going back to school
BI spoke to millennials who received student-loan forgiveness over the past few years due to Biden'…
Ayelet Sheffey,Katherine Tangalakis-Lippert
3 mins read
A $0 monthly student-loan payment could hurt some borrowers in the long term. An upcoming policy could change that.
The Philadelphia Fed found that having a $0 monthly student-loan payment helps borrowers who need i…
Ayelet Sheffey
4 mins read
After various degrees and a brain injury, I owe $150,000 in student loans. The lawsuits and election only make it worse.
Shanna Hayes owes more than $150,000 in student loans, made worse after a brain injury. The electio…
Alice Tecotzky
3 mins read
India poised to become world's third largest consumer market by 2026 outpacing Germany, Japan
According to recent data, India is expected to outpace Germany by 2024 and Japan by 2026, solidifyi…
ANI
6 mins read
Meet the Roadmap Generation: High-achieving Zoomers are taking an aggressive, long-term approach to planning their careers
Meet the Roadmap Generation: A professional cohort of recent graduates and early-stage careerists w…
Erin Snodgrass
6 mins read
Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget
From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…
2 mins read
5 things to keep in mind before taking a personal loan
A personal loan can come in handy when you need money in case of an emergency. Being an unsecured l…