Chinese developers begin New Year with deepening debt woes

Jan 10, 2025 09:08 AM IST Chinese property developers are starting 2025 facing liquidation petitions and mountains of debt as the nation’s real estate crisis enters its fifth year  (Bloomberg) — Chinese property developers are starting 2025 facing liquidation petitions and mountains of debt as the nation’s real estate crisis enters its fifth year with […]

Economy

Budget should focus on increasing capex, checking fiscal deficit, reducing debt to GDP: EY India

Emphasis on fiscal consolidation, tax system simplification, and investment-driven growth, in the Budget 2025 will lay a solid foundation for sustained economic development in India, asserted global consulting and professional services firm Ernst & Young India. As India prepares for the Union Budget 2025-26, expectations are focused on a set of strategic reforms that can […]

Economy

US may slip into recession on rising debt, says smallcase study

smallcase, a leading platform for curated investment strategies, expects the US economy may slip into a recession due to the rising debt and market imbalances. Stocks, Bitcoin, leveraged investments and meme stocks (largely driven by activity on social media) are all surging higher, which is certainly reminiscent of the “madness” witnessed following the Covid lockdowns, […]

Economy

Tackling discom debt, monetisation key monitorables for 2025: Deloitte India Partner Anujesh Dwivedi

The year 2025 is expected to witness more policy actions to tackle high discom debt and measures to meet the rising power demand, says Deloitte India Partner Anujesh Dwivedi. In an interview, Dwivedi said that listing of State power utilities is another key monitorable. Excerpts: What are the key highlights in 2024? 2024 has been […]

Economy

Nirmala Sitharaman stresses sustainable debt management to protect future generations

Highlighting the growing challenge of inter-generational debt, Finance and Corporate Affairs Minister Nirmala Sitharaman on Wednesday underscored the need for economies to prioritise “debt management and financial security” in the coming decade. She cautioned against placing an excessive financial burden on future generations, calling for sustainable fiscal policies to address the issue. “Responsible economies can’t […]

NPS scorecard: How much returns do various National Pension System schemes give? Equity, government bond & corporate debt plans compared

NPS operates through a two-tier structure. The Tier-I Account functions as the principal retirement savings vehicle. (AI image) The National Pension System or the NPS is gaining recognition as a popular retirement-focused investment option. Financial experts highlight that NPS combines essential features of an ideal retirement savings product, offering extended investment opportunities with cost-effective management […]