India's external debt increased by 10.7 per cent to USD 717.9 billion at the end of December 2024 from USD 648.7 billion in December 2023, as per the data released by the finance ministry.
Is Iran on a collision course with the west?
Time is running out for an unpredictable US president and a distrustful Iranian supreme leader to avoid dangerous escalation ...
‘Why India is unable…’: Financial advisor rips into youth’s gaming obsession over research, innovation
With nearly 65% of its population under 35, India holds immense potential. But without sufficient investment in education, skill development, and research infrastructure, that potential remains ...
Philippines readies P5.7 million for Pinoys in quake-hit Myanmar
The Philippine government is preparing at least $100,000 (roughly P5.7 million) in financial assistance for Filipinos affected by the deadly earthquake in Myanmar, focusing on the roughly 150 ...
Is alimony tax-deductible in India? What are the laws linked with it?
A lump sum alimony paid as a one-time settlement under mutual consent or court decree is treated as a capital receipt and is not taxable.
Japan finance minister says he will closely communicate with US on forex
Japan Finance Minister Katsunobu Kato said on Monday that he would communicate closely with U.S. Treasury Secretary Scott Bessent on foreign exchange, pointing out that close dialogue is important for ...
‘Dream11 accounts outnumber demat accounts’: Financial expert flags online gaming vs regulated stock market trading
The growing influence of Dream11 amid the IPL tournament, has raised concerns about gambling-like behaviour, with critics arguing that it encourages speculative spending among young users ...
Japan Confronts Biggest Bond Loss Globally as BOJ Rate Hikes Upend Market
Investors are rethinking their strategies for Japanese sovereign bonds after the Bank of Japan’s pivot to interest-rate hikes in the past year triggered the biggest losses among global debt ...
India to face hotter April as temperatures likely to be above normal
India is expected to experience a much hotter April, with above normal temperatures across most of the country, Mrutyunjay Mohapatra, director general of Meteorology at the India Meteorological ...
India Predicts Sweltering Summer in Threat to Economic Growth
Most parts of India will witness hotter-than-usual weather through June, raising the risk of water shortages and more strain on the power network as people turn to air conditioners to find reprieve ...