ECONOMY

Monthly Archives: MARCH 2018


Debt-conscious millennials ditch credit cards, threaten industry
06.03.18 - LISA FU*

Millennials have been accused of disrupting many industries, from newspapers to brick-and-mortar stores. Credit cards appear to be next in line.

Just one out of three millennials carries plastic, according to a Bankrate.com survey, compared to the majority of older Americans. In addition, a Fed survey ...
  


PNB scam fallout: Cabinet okays Fugitive Economic Offenders Bill
WILL DETER ECONOMIC OFFENDERS FROM FLEEING THE COUNTRY
01.03.18 - TEAM PT

Facing criticism from opposition for not being able to stop the PNB fraud accused Nirav Modi from escaping the country, the Cabinet on Thursday approved the Fugitive Economic Offenders Bill that enables confiscation of assets without conviction in cases where economic offenders flee the country.
 
The ...
  



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