Several surveys show that financial literacy rates in Asia are far lower than in the US, Canada and the UK, and money management behavior is tightly linked to such knowledge.
Volatile markets and the economic fallout from the virus could wipe out as much as $16 trillion of global wealth this year and hinder growth for the next five years.
Rising savings during the nationwide lockdown will help in curtailing India’s current account deficit and increase govt borrowing, according to HSBC Holdings Plc.
At the start of Covid-19 pandemic, millennials were criticised for crowding bars, holding corona house parties or sensing an opportunity for cheap vacations. Not anymore.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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