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credit crunch news

Weathering the next global economic crisis

PREMIUM
Over the past three years, government finances have improved. In a crisis, the government may be better placed to offer fiscal support now (Shutterstock)
opinion
Updated on Apr 03, 2023 07:07 pm IST

Decoded: Why consumer borrowing is going up when people aren’t spending

Most indicators show a fall in consumption, a sign that consumers are shy of spending. Take for instance, the fall in car sales, housing sales or even air travel. (Photo: Mint)
india news
Updated on Dec 27, 2019 07:38 pm IST

ADB cuts India’s growth forecast to 5.1 per cent for FY2019; projects 6.5 per cent for next year

Pedestrians walk past stores in Zaveri Bazaar, Mumbai. ADB expects the growth to pick up to 6.5 per cent next year on supportive government policies.
business
Published on Dec 11, 2019 11:49 pm IST

Moody’s lowers India’s outlook to ‘negative’ from ‘stable’ citing lower economic growth

Moody’s Investors Service has changed the outlook on India’s ratings to ‘negative’ from ‘stable’
business
Updated on Nov 08, 2019 09:22 am IST

Indians begin pawning family gold amid credit crunch

Indians’ penchant for gold spans centuries and is rooted in the Hindu religion. Households own an estimated collective 25,000 tonnes of gold, which passes from one generation to the next.
india news
Updated on Aug 22, 2019 02:07 pm IST

There is a clear investment push in the budget

Financial sector reforms have seen small steps. A large disinvestment target has been set. But more reforms will have to be carried out
analysis
Published on Jul 05, 2019 10:11 pm IST

A $23 billion manager sees sweet spot in India’s property crunch

Investcorp Bank BSC, which manages about $23 billion of assets, plans to provide structured lending to developers faced with borrowing constraints.
business
Updated on Feb 13, 2019 03:06 pm IST

India’s world-beating economic growth cools as credit crunch hurts

India's GDP growth slowed down to 7% during the April-June quarter.
india news
Updated on Nov 30, 2018 08:55 pm IST
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