In a recent podcast, Marcellus Investment Managers’ Saurabh Mukherjea highlighted that millions of middle-class Indians are drowning in debt, with soaring personal loans and credit card debt. Data from the RBI’s Financial Stability Review reveals that 45% of borrowers are subprime, with 48% of their debt used for consumption. Mukherjea estimates that 5-10% of middle-class Indians are in a debt trap, urging those struggling to seek financial counseling to prevent the issue from worsening.
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Trump claims Israeli agents inspected Iran site, saw 'total obliteration'
US President Donald Trump stated that Israeli agents inspected Iran’s Fordo nuclear site post-American airstrikes, claiming it experienced “total obliteration” and warned of further action if Iran resumes uranium enrichment. While Trump expressed confidence in the long-term setback to Iran's nuclear program, Israeli officials denied any operations at the site after the strikes. Explain It To Me Like I'm 5: US President Donald Trump claimed that Israeli agents inspected Iran's Fordow nuclear site after American...
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