TransUnion CIBIL reports a two-year low in new loan originations, driven by decreased demand from younger consumers and a shrinking share of New-To-Credit individuals in the fiscal year ending March 2025. Credit enquiries from borrowers aged 30 and below have declined, alongside cautious lending practices. However, anticipated repo rate cuts may stimulate credit supply, particularly in the home loan segment.
No longer magnificent? How Apple, Microsoft and other Mag 7 stocks are crumbling under AI pressure
The Magnificent Seven are underperforming as investors question whether massive AI spending will generate adequate returns. With $2.3 trillion erased in June, markets are shifting