What are the reasons for the rise in global debt? Subject :Economy Section: External Sector Source: TH Context: Global debt rose to an all-time high of $307 trillion in the second quarter, by the end of June 2023, the Institute of International Finance (IIF) said in a report. Global debt: Global debt refers […]
JPMorgan bond index inclusion Subject: Economy Section: External sector Source: TH Context: JPMorgan on Friday said it will include India in its widely tracked emerging market debt index, setting the stage for billions of dollars of inflows into the world’s fifth-largest economy. Impact of JPMorgan bond index inclusion It can boost foreign fund […]
Households liabilities at ₹8.2lakh crore in FY23 Subject: Economy Section: National Income In News: Household financial savings at 5 decade low as household liability rises. Household financial savings It is the portion of disposable income that is saved in financial assets after meeting consumption needs. Net household financial savings are arrived at after […]