Category : Search result: consumer debt


India's Debt-to-GDP Target: Key Challenges Explained

India shifts from fiscal deficit to debt-to-GDP as its primary fiscal anchor from 2026-27. While offering flexibility, low tax revenues pose a significant challenge to achieving the 50% target by 2031.

Trump's 10% Credit Card Interest Rate Cap Proposal

Donald Trump pledges to cap credit card interest rates at 10% if re-elected, a move targeting financial giants and appealing to voters struggling with debt. Explore the details and potential impact.

Mercedes Dealers Fined Rs 3 Lakh for Misleading Sale

Gujarat consumer commission orders Mercedes-Benz dealers to pay Rs 3.35 lakh compensation for selling a 2014-made car as new in 2015. Landmark Car Pvt Ltd found guilty of unfair trade practice.

RBI: Consumption Loans Dominate Household Borrowing

RBI data reveals a shift in Indian household debt, with over 55% now for retail consumption. Household debt-to-GDP hits 41.3%, but savings improve. Explore the full financial stability report.

Consumer panel dismisses law student's complaint

A Mumbai consumer commission dismissed a law student's complaint against a court registrar for delay in providing certified copies, ruling he is not a 'consumer'. Read the full details.

Chit Fund Ordered to Refund ₹8.55 Lakh to Senior Citizen

Ernakulam Consumer Commission directs Finisyer Kuries to refund ₹8.25 lakh with interest to a senior citizen after abrupt closure. The firm must also pay compensation for mental agony. Read the full details of the landmark order.

Consumer Helpline Recovers Rs 45 Crore in 2025

India's National Consumer Helpline resolved over 67,000 complaints and secured refunds worth Rs 45 crore in 2025, with e-commerce leading grievances. Learn how to seek help.

US Consumer Confidence Drops Again Despite Strong Jobs

US consumer confidence fell to 89.1 in December, marking a fifth straight monthly decline. Despite a strong job market, fear and uncertainty are making Americans spend carefully. Explore the economic implications.

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