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India household savings: Falling household savings a risk to India's world-beating growth

Indian households net financial savings have decreased, posing a threat to the government s capital investments. This decline in savings limits resources for the rest of the economy and could require the government to rely on volatile foreign capital. Rising debt levels and stagnant income contribute to this trend, potentially indicating rising inequality. ....

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Wall St. Tumbles To Worst Loss In Months As The U.S. Loses AAA Credit Rating

Wall St. Tumbles To Worst Loss In Months As The U.S. Loses AAA Credit Rating
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