Tuesday, 9 August, 2022
TopicConsumer loans

Topic: consumer loans

India’s household debt has risen 80% in 2017-18. It could bite if incomes don’t grow

Indian households’ liabilities went up by Rs 6.7 lakh crore in FY18. When the consumption engine isn’t firing like before, this is a concern.

Southeast Asia’s biggest bank DBS bets on India to reduce reliance on Singapore

The DBS group wants to tap Indian consumers by bolstering loans to reduce reliance on Singapore from which it derived 62% of its revenues in 2018.

On Camera

YourTurn

Representational image | Indian Navy/Facebook

Tale of two ships – How Delhi is asserting Indianness of the Indian Ocean to China

A US Navy ship docked in an Indian port for the first time. And a Chinese ship couldn’t in Sri Lanka. New Delhi is finally pulling strings.
Representational image | Rupixen/Unsplash

‘We are cracking down’— how Modi govt plans to make it tougher for states to fund freebies

The Narendra Modi government is looking at ways to check states’ spending on handouts like free electricity and rations. The first step is to tighten the noose on state borrowings.

Defence

Representational image | Indian Army soldiers during the Army Day Parade at Cariappa Parade Ground in New Delhi | ANI Photo

Army looks to reduce troops by 2 lakh, deployment in Kashmir could be rejigged

The Army, which faces a shortage of about 1.35 lakh personnel, is aiming to reduce its strength from 12.8 lakh to around 10.8 lakh.

In Kashmir 3 years on, 3 positive changes, 3 things that should’ve happened & 3 that got worse

Kashmir as a crisis has fallen off our headlines and from the top of our collective minds. Which is precisely the most important change for the better.
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