Monday, 24 January, 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

Liberals mourning India Gate flame must also recall some dark aspects of the colonial Army

The moving of the flame seems, to some, as part of an ongoing extinguishing of the Indian Army’s heritage of secularism, decency and righteousness.
Representational image for trade from China | Photo: Bloomberg

What conflict? India’s imports from China soar to almost $100 bn, led by smartphones, machinery

According to China's official data, its exports to India reached $97.52 billion in 2021, while total two-way bilateral trade touched $125.66 billion.

Defence

File photo of Scorpene-class submarine 'INS Vela', at the Naval Dockyard in Mumbai | ANI

Kamov choppers, submarine torpedoes among deals defence ministry will review this week

Ministry is reviewing all procurement under the ‘Buy (Global)’ category, under which equipment is bought directly from foreign manufacturers, amid govt's 'Atmanirbhar' push.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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