Active credit cards drop 2.3 million in August over new RBI norms
The outstanding credit card base dropped to 77.99 million in August from over 80 million in July, mainly on account of the new norms of the Reserve Bank of India … Read More
Author: mediabest
World Bank Cuts East Asia & Pacific Growth Outlook
The World Bank downgraded its growth projections for the East Asia and the Pacific region as the zero-COVID approach dampened China’s economic growth, while most of the other countries of … Read More
Economists Don\u2019t Pay Attention To The Loss Of Consumer Buying Power That Results When Irrational Exuberance Disappears
Not all stock gains are real. When price increases push the CAPE value above its fair-value level (17), those price increases are irrational exuberance, not the true and lasting gains … Read More
State pension triple lock fears as policy may be ‘unaffordable’
Jonathan Ashworth calls for return of pension triple lock We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may … Read More
U.S. Stocks Falling To New Lows In Afternoon Trading
After moving sharply lower in early trading, stocks continue to see significant weakness in afternoon trading on Tuesday. The tech-heavy Nasdaq staged a recovery attempt in late morning trading but … Read More
Swedish Central Bank Lifts Rate Sharply; Hints At More Hikes
Sweden’s central bank raised its benchmark rate at a sharper-than-expected pace on Tuesday and signaled more hikes to combat high inflation. The Executive Board of Riksbank decided to raise the … Read More
U.S. Stocks May Give Back Ground After Yesterday’s Late-Day Strength
Following the late-day advance seen in the previous session, stocks are likely to move back to the downside in early trading on Tuesday. The major index futures are currently pointing … Read More
‘One must be mindful of stock-picking’
‘It will be best for investors to have a systematic investment plan in mid-cap and small-cap funds with a three-/five-year horizon.’ The outcome of the Jackson Hole symposium has kept … Read More
Yorkshire Building Society launches two new savings accounts
Martin Lewis gives advice on rising interest rates We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include … Read More
Energy-wasting habits to break now – ‘start saving!’
Cost of Living: Man fears how his mum 'will afford heating' We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. … Read More