Millions of Chinese borrowers have been blacklisted for failing to pay their debts and are mostly between the ages of 18 and 59, Voice of America (VOA) reported.
After online payment platforms like Alipay and WeChat replaced cash as the most used payment method in China, many stores refused cash payments, and some defaulters said it had become difficult for them to even buy food.
The Sensex opened 294.06 points higher at 69,584.29, while the Nifty opened 78.95 points up at 20,934.65. Among the Nifty companies, 33 witnessed advances, while 17 faced declines.
This surge was fuelled by the recent triumph of the ruling Bharatiya Janata Party (BJP) in state elections, coupled with robust domestic macroeconomic data and mounting expectations of a US rate cut in March.
The Sensex surged by an all-time high of 950.15 points to open at 68,435.34. Simultaneously, the Nifty also marked an all-time high gain of 334.6 points, opening at 20,601.95. Notably, 49 Nifty companies witnessed advances while only one experienced a decline.
Indian stock indices traded firmly Friday morning, the last session before the weekend, after India reported more-than-expected GDP growth in the July-September quarter of the 2023-24 fiscal year.
According to a report by Morgan Stanley, the dichotomy between the rise in electric vehicle purchases and increased oil demand challenges conventional expectations.
Hostels have become melting pots for the anxieties, hopes, despair, and ambitions of China's youth, all within the confines of affordable bunk beds available for just a few dollars a night.
Mumbai (Maharashtra) [India], October 31: In the recently unveiled CISAC Global Collections Report 2023, based on the 2022 collections data, the global music landscape experienced a resurgence, with total global royalties collected from creators reaching a record high of EUR 10.83 billion in
The world's largest waterway, Amazon River, is currently in its dry season and several specimens of river fauna are also dealing with record-high temperatures.
Indian stock indices opened marginally in the red on Monday, with the benchmarks witnessing mild profit booking. Investors may have taken some money off the table after the indices hit their fresh highs last week.