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Posted on June 18, 2025

Rising costs, falling savings: Inside the evolving wallet of India’s lower middle class

India’s lower middle class is navigating rising costs with resilience—cutting back on savings while prioritising education, digital finance, and long-term goals.
Posted on June 18, 2025

India’s real GDP growth for 2025-26 financial year will exceed 6.5%: ICRA

ICRA projects India’s GDP growth to exceed 6.5% in 2025-26, with positive outlook on GVA, inflation, and exports.
Posted on June 18, 2025

India’s real GDP growth for 2025-26 financial year will exceed 6.5%: ICRA

ICRA projects India’s GDP growth to exceed 6.5% in 2025-26, with positive outlook on GVA, inflation, and exports.
Posted on June 18, 2025

Jio Financial takes full ownership of Jio Payments Bank

The acquisition received regulatory clearance from the Reserve Bank of India on June 4, 2025, the company said in a regulatory filing. Following the deal, Jio Payments Bank’s valuation works out to …
Posted on June 18, 2025

ADB unveils $2.3 billion plan to boost green, job-rich growth in Nepal

The Asian Development Bank (ADB) on Tuesday announced its new Country Partnership Strategy (CPS) for Nepal covering 2025-2029, setting the framework for $2.3 billion in concessional support focused on …
Posted on June 18, 2025

Foreign Aid is Drying Up—Nepal Needs a Plan B

Nepal should take this situation as a wake-up call to cease relying solely on foreign funding to support its development. Uncertain contributors affect national autonomy and cause delays in planning …
Posted on June 18, 2025

Shell pledges $2B boost to Malaysia investment, prime minister says

Shell (NYSE:SHEL) has committed to increasing its investments in Malaysia by 9B ringgit ($2.12B) over the next 2-3 years, Malaysian Prime Minister Ibrahim said Tuesday. Anwar, who is also the …
Posted on June 18, 2025

Asia markets trade mixed amid Israel-Iran tensions, Lujiazui forum in Shanghai, Fed decision in focus

Asia stock markets mixed on Wednesday, following Wall Street’s decline on Tuesday amid worries that the U.S. could become directly involved in the Israel-Iran conflict. Hostilities between Israel and …
Posted on June 18, 2025

Malaysia launches Digital Asset Hub to test stablecoin, programmable money

Malaysia has launched its Digital Asset Innovation Hub initiative, which will serve as a regulatory sandbox, enabling fintech and digital asset firms to test new technologies under the oversight of …
Posted on June 18, 2025

Iran-Israel conflict may not be very good for India, cautions CEA Anantha Nageswaran

Nageswaran said it would be premature to say now that the current situation could match the impact of the 2008 global financial crisis.

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