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Australia cracks down on International students; more than doubles student visa fees!
Effective July 1, the cost of applying for a student visa in Australia skyrocketed from A$710 (Rs 4…
India’s credit card market set to double by 2029, reaching 200 million cards
India's credit card market is set to reach 200 million cards by FY28-29, growing at a 15% CAGR, acc…
RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly
MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…
RBI to focus on disinflation, food inflation sticky to core, note RBI's MPC minutes
The fiftieth meeting, conducted under Section 45ZB of the RBI Act, 1934, ended with the decision to…
ANI
Russia is doubling pay to recruit more soldiers. But many regions can't afford it.
Vladimir Putin recently ordered the doubling of military-recruitment bonuses. It's put certain regi…
Filip De Mott
India’s population will peak at 1.7 billion around 2060, only to start tumbling down after that: UN report
The UN report paints a picture of a changing world order with India's rise as the world's most popu…
More than half of child-free Americans under 50 who don't think they'll ever have kids say they just don't want them
Fifty-seven percent of Americans under 50 and without kids said they just don't want to have any, a…
John Towfighi
Gold loan market projected to double in 5 years to Rs 14.19 lakh crore, says PwC India's report
Lenders are also expected to implement cost optimisation initiatives that will help drive up the bo…
PTI
Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.
At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards hea…
A bullish signal in the stock market is pointing to double-digit gains for the S&P 500 next year, research firm says
"New breadth thrust signals confirm that the market is in step four of the bottoming process and mo…
Matthew Fox
Link PAN with Aadhaar by May 31 to avoid double TDS deduction: Income Tax Department
The income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid ta…
PTI
Monthly housing costs have almost doubled in swing states since the last election
Swing states have seen a marked decline in affordability since 2020, with median-income buyers able…
Kelly Cloonan
Seattle gave low-income residents $500 monthly payments with no strings attached. Some got new housing and employment rates nearly doubled.
A guaranteed basic income program pilot in Seattle gave 102 low-income residents $500 monthly. Empl…
Noah Sheidlower,Katie Balevic
Capex and incentives will lead capital goods sector surge by 9-11% in FY25: CRISIL Ratings
In an outlook for India's capital goods sector, leading manufacturers are poised for sustained doub…
ANI
Asia's governments think people not having sex or dating may be tanking their birth rates. That's not the full picture.
One expert told BI that there is "very little, if hard any evidence at all" to show that pro-natali…
Kwan Wei Kevin Tan
Don't write off China: Why one economist says the nation is likely to grow at double the rate of the US in coming years
"China overcame even greater challenges when it started on the path of economic reform in the late …
Filip De Mott
Blackstone is doubling down on its efforts to woo the wealthy with 2 new funds, flying in the face of BREIT critics
Blackstone's Jon Gray said the private-equity giant plans to launch two new funds for wealthy indiv…
Alex Nicoll
Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate
Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…
Stock market today: Dow surges 742 points and small caps rally as investors bet big on Fed rate cuts
Rising confidence in the Fed's ability to cut rates soon is pushing investors into overlooked corne…
Filip De Mott
Homebuyers are flocking to a type of loan that offers a lower mortgage rate. But they often require bigger down payments, and lenders don't like to give them.
There's a rare type of mortgage loan gaining popularity among buyers seeking lower rates.