Private credit risks may trigger wider crunch; Fed’s Michael Barr warns of ‘psychological contagion’

US Federal Reserve Governor Michael Barr has warned that stress in the fast-growing private credit market could trigger “psychological contagion” and spill into the broader financial system, Reuters reported citing an interview with Bloomberg News.Barr said direct links between banks and private credit firms do not currently appear “super worrisome”, but other areas such as…

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Man Buried Alive Raipur: ‘Stalker’ buried alive by woman’s boyfriend and aides; 2 juveniles detained, 3 arrested | Raipur News

RAIPUR: A 29-year-old man died after being brutally beaten up and buried alive in Raipur. The beau of a woman and his aides allegedly killed the man after he was caught stalking her. Police have arrested three persons, including a woman and detained two juveniles in this connection.The victim, identified as Nitesh Batra, a contractor,…

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‘Kicked and punched’: Sikh student tortured, turban forcibly removed in Pakistan

AI-generated image used for representation An Amritdhari Sikh girl was allegedly assaulted at a Christian school in Pakistan’s Faisalabad district, IANS reported, citing Khalsa Vox.The report claims that the girl’s turban was forcibly removed and she was beaten after she refused to take part in Christian prayers. The incident reportedly took place at St. Catherine…

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Piyush Goyal asks industry to identify import substitutes, pushes local manufacturing to cut dependence

Commerce and Industry Minister Piyush Goyal on Monday urged industry stakeholders to identify products that can be manufactured domestically to reduce India’s dependence on imports and strengthen local production capabilities, PTI reported.Addressing domestic traders, the minister also asked industry to focus on boosting exports and prioritising products made in India over imported goods.“You should keep…

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Did Ranveer Allahbadia of BeerBiceps casually confirm his romance with Juhi Bhatt at IPL? Who is she?

Ranveer Allahbadia, the podcaster extraordinaire aka BeerBiceps, has been no stranger to headlines lately—from his spicy India’s Got Latent controversy to fueling dating rumours. But post the nail-biting IPL showdown between Mumbai Indians and Royal Challengers Bangalore at Wankhede Stadium recently, he’s trending for a sweeter reason: accidentally confirming his relationship with rumoured girlfriend Juhi…

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Iran war could push over 32 million people into poverty; UN warns of ‘triple shock’ for developing nations

The economic impact of the Iran war could push more than 32 million people into poverty worldwide, with developing countries expected to be affected the most, according to the United Nations Development Programme (UNDP).Released amid uncertainty over a fragile ceasefire, the report said the world economy is facing a “triple shock” from rising energy prices,…

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Yashasvi Jaiswal, Shafali Verma receive NADA notices for missed dope tests | Cricket News

Yashasvi Jaiswal and Shafali Verma NEW DELHI: Yashasvi Jaiswal and Shafali Verma have received notices from India’s anti-doping body, NADA, after missing scheduled dope tests last year. Both players are part of NADA’s Registered Testing Pool (RTP), which means they are required to regularly share their whereabouts and remain available for surprise testing during a…

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