Are healthcare costs driving India’s personal loan boom? Paisabazaar study explains

Healthcare emergencies have emerged as one of the leading reasons for personal loan borrowing in urban India, highlighting gaps in health insurance coverage and rising medical costs, according to a new consumer research report released by Paisabazaar.The study, titled The Personal Loan Story, found that 11% of personal loan borrowers nationwide took credit to meet…

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Rieder odds rising for Fed chair after Trump calls BlackRock executive ‘very impressive’

Rick Rieder, BlackRock’s senior managing director, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC BlackRock fixed income chief Rick Rieder’s star is rising as a potential Federal Reserve chair following flattering remarks Wednesday from President Donald Trump. In a CNBC interview, Trump called Rieder “very…

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Eternal CEO transition: Zomato founder Deepinder Goyal gives up Rs 1,000 crore in stock options; what it means for shareholders

Billionaire founder Deepinder Goyal has relinquished over Rs 1,000 crore worth of unvested employee stock options (ESOPs) at Eternal, marking one of the most significant founder-led governance moves seen in India’s listed internet sector in recent years.The decision comes alongside a leadership transition at the food delivery and quick-commerce major, with Goyal stepping down as…

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‘Acting like party agents’: Stalin seeks to scrap governor’s address; to consult ‘like-minded opposition parties’ | India News

NEW DELHI: Tamil Nadu chief minister MK Stalin on Thursday said his party DMK would consult like-minded opposition parties to move a constitutional amendment to end the practice of the governor’s address at the start of the first assembly session. This comes after a series of confrontations in Opposition-ruled states where governors refused to read…

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India–US trade deal: Vaishnaw sees Donald Trump’s optimism as ‘encouraging’; says India ‘deeply engaged’

India remains deeply engaged on global trade issues, Union minister Ashwini Vaishnaw said on Thursday signalling confidence after US President Donald Trump expressed optimism about trade deal with New Delhi.Vaishnaw, who is in Davos for the World Economic Forum (WEF) Annual Meeting, said Trump’s comment is very encouraging. “Given India’s position and deep engagement on…

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‘World’s biggest flop family’: Assam CM Himanta takes dig at Gandhis; claims he is ‘victim’ of Rahul-Priyanka rift | India News

Assam chief minister Himanta Biswa Sarma said on Thursday that he was a “victim” of an alleged rift between Rahul and Priyanka Gandhi during his time in Congress party.Speaking to NDTV, Sarma, who spent 22 years in the Congress before joining the BJP, said “Rahul doesn’t want Priyanka in Kerala. I was in Congress for…

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US markets today: Wall Street extends rebound as Donald Trump eases tariff stance; global equities steady

US equities moved higher on Thursday, clawing back more of the losses from earlier in the week, after President Donald Trump stepped back from tariff threats linked to Greenland, easing concerns over a widening transatlantic trade rift.In early trade, the S&P 500 rose 0.7%, adding to Wednesday’s strong rebound. The Dow Jones Industrial Average gained…

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