Strong GDP growth due to healthy balance sheets of banks: RBI | Economy and policy news

Strong GDP growth due to healthy balance sheets of banks: RBI | Economy and policy news

Photo: Bloomberg (Representative) 2 min read Last Updated : May 30, 2024 | 11:45 am First India’s GDP growth remains robust led by strong investment demand, supported by healthy balance sheets of banks and corporates, the government’s focus on capital expenditure, and prudent monetary, regulatory and fiscal policies, the RBI said on Thursday. The Reserve […]

Global debt will rise to $315 trillion in 2024

Global debt will rise to $315 trillion in 2024

According to a report by the Institute of International Finance, the world is in debt to the tune of $315 trillion. This global debt wave is the largest, fastest, and most widespread increase in debt since World War II, coinciding with the COVID-19 pandemic. “This increase marks the second consecutive quarter of growth and is […]

Trump’s economy record is filled with tax cuts, debt, and disease propaganda

Trump’s economy record is filled with tax cuts, debt, and disease propaganda

Four years ago was a time of fear and chaos. As COVID-19 spread, the number of deaths was increasing. Panic spread in the financial markets. Oil prices fell slightly became negative. The Federal Reserve cuts To deal with the sudden recession, the US government cut its benchmark interest rates. period of historical borrowing-Add trillions of […]