Non-performing assets (NPAs) in the credit card sector reached Rs 6,742 crore in 2024, up from Rs 5,250 crore in 2023 and just Rs 1,108 crore in 2020.

Delhi-based CA flags credit card overuse by India's middle class as defaults jump by 28%

External factors such as tariff concerns, rupee depreciation, and weak earnings trends are further contributing to market volatility.

‘Only 4% return on 10% profit’: How currency and taxes are driving FIIs away from Indian stock market

The facility, which produces refrigerators, televisions, and washing machines, employs approximately 1,800 workers. It accounted for one-fifth of Samsung’s $12 billion sales in India during the 2022-23 financial year.

500 Samsung workers stage protest in Tamil Nadu after suspension of 3 employees

To enhance accuracy, the sample size for the employment survey has been increased from approximately 16,000 to 22,000

India to begin publishing monthly 'unemployment data' from April: Report

South Korea finds itself in the eye of both political and economic storms tonight. Finance minister Choi Sang-Mok has raised concerns about mounting uncertainty in the domestic economy compounded by recent political upheavals. Recently president Yoon Suk Yeol narrowly survived an impeachment vote over a short-lived martial law attempt but questions about his leadership remain. Watch in for more details!

South Korea Faces Political Turmoil & Economic Challenges

In major boost to Modinomics, India's economy expands 7.8% in Q4

Japan's central bank "very likely" will raise interest rates if underlying inflation continues to go up, and begin reducing its bond buying at some point in the future.

Japan | UEDA: Rate hike likely if inflation continues to go up

Global markets roundup | Asian markets open in Red. Japan leads losses in Asia.

Global markets roundup | Asian markets open in Red | WION World Business Watch

Investors sold brazil's currency after president lula da silva unveiled an industrial development plan for the next 10 years. The plan is aimed at boosting sluggish growth with state credits and subsidies. Lula wants to boost long-lagging growth with a similar playbook to the one he used during his earlier tenure.

Brazil's 're-industrialisation' plan

Asia-Pacific markets started Friday lower, breaking ranks with wall street which mostly advanced on Thursday, amid mixed economic data from across the region. South Korea’s Kospi led the declines while Japanese stocks opened slightly lower. Mainland Chinese stocks and Hong Kong's Hang Seng slid at the open as investors assessed China’s caixin manufacturing purchasing managers’ index for november which showed that the sector expanded.

Asian markets open lower

China's youth unemployment crisis spurs trend called 'full-time children'. Here's all you need to know

June saw China youth employment at record high of 21.3%; economy grew by 6.3%

US hiring falls short of expectations in June, signalling cooling economy ahead of Fed decision

The covid-19 pandemic disrupted global trade as the world was forced into a lockdown but International Traders continue to be frustrated as recovery looks unlikely in global trades slows down after the pandemic yes in fact U.S credit rating agency Fitch has said that global trade is rapidly slowing after a rapid post-pandemic recovery in 2021 and 2022 global trade is expected to expand 1.9 percent this year down sharply from 2022's growth rate of 5.5 percent that's due to tighter monetary policy less stimulus and stalling globalization in fact trade will grow slower than the global economy.

Covid blues: Global trade recovery slows in 2023

Starbucks' new CEO Laxman Narasimhan says will work as a Barista

UK: Bank of England hikes interest rates for 10th consecutive time amid recession

As inflation soars in UK, Britons see real-time value of their wages plummet; biggest fall since 2009

Exclusive | Riyadh focusing on future of oil rather than 'spot price', says Saudi Industry Minister Alkhorayef

Walt Disney and investor activist Nelson Peltz to face off on boardroom seat

Higher inflation this year? Goldman Sachs predicts oil prices could rise up to $110 a barrel

US stocks rise, bond yields go up with December's upcoming price data in focus

Embattled BharatPe co-founder Ashneer Grover anounces Mercedes as bonus for his new startup's employees

Asian borrowers face a daunting $314 billion debt repayment as rates rise

Qatar announces first major gas deal for Germany

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