Time for a rally in global debt reform

In the debate on international development, there is one uncomfortable truth we can no longer ignore: Debt is quietly undoing decades of progress. Right now, at least 1 in 3 developing countries are spending more on interest payments than on health care or education. That means children missing out on school, hospitals without medicines, and…

CA says choice is yours: Rs 1 lakh monthly salary can help you towards financial freedom – or bury you in debt

Building wealth isn’t about luck or flashy moves—it’s about discipline, patience, and a few “boring” habits that compound over time. Chartered accountant Nitin Kaushik, who often shares practical money lessons on X, has been urging Indians to rethink how they handle money. His posts cut through financial jargon with simple, hard-hitting truths that highlight why…

Managing our external debt needs a balanced strategy

The global public debt has reached an unprecedented level, raising concern among all stakeholders. The amount stood at $102 trillion in 2024, a $5 trillion increase from 2023, according to a recent report by the UN Trade and Development (UNCTAD). Several factors, such as government borrowing during the Covid pandemic, rising interest rates, and a…