October witnessed a remarkable 19.6% rise in credit card expenditures in India, thanks to the surge in online shopping activities and festive buying sprees. Conversely, the influx of new credit card sign-ups has significantly tapered off.
Tech equity sales renew AI debt-binge worries
Tech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While this boosts balance sheets, it also suggests increased borrowing and capital