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Can India’s Debt-Fueled Spending Survive Higher Rates?
Bloomberg ·
India’s household borrowing surged 36% in a year, raising questions about how much consumer spending is being powered by debt and whether that growth can last as interest rates rise. Ruchi Bhatia explains. (Source: Bloomberg)
A hatted restaurant is doing lobster frites for just $50 and A1 Bakery puts a spin on its famous cheese pies. Here’s what’s on around Melbourne this November.
Democrat Annie Andrews has won South Carolina's US Senate seat, a stunning victory over President Donald Trump's hand-picked candidate Darline Graham in a state that he carried by nearly 18 percentage points just two years ago.
Dubai’s Emaar Properties PJSC offered to take over its construction arm in a multibillion-dollar deal at a time when valuations for both firms have been weighed down by the monthslong regional war.
India’s household borrowing surged 36% in a year, raising questions about how much consumer spending is being powered by debt and whether that growth can last as interest rates rise. Ruchi Bhatia explains. (Source: Bloomberg)
KUALA LUMPUR, Nov 4 — Datuk Seri Najib Razak's lead defence counsel Tan Sri Muhammad Shafee Abdullah has dismissed speculation that the imprisoned former prime minister is paying his RM50 million fine today, saying he has received no instructions regarding any settlement. Speaking to reporters at…