{
  "id": 18051042,
  "title": "India’s Middle Class Spending Boom Comes With Growing Debt Bill",
  "url": "https://urgent.news/2026/11/04/indias-middle-class-spending-boom-comes-with-growing-debt-bill",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T01:00:00.000Z",
  "source": {
    "name": "Bloomberg",
    "slug": "bloomberg",
    "url": "https://www.bloomberg.com/news/articles/2026-11-04/india-s-middle-class-spending-boom-comes-with-growing-debt-bill"
  },
  "original_language": "en",
  "account": null,
  "summary": "When 25-year-old restaurant worker Navjot Singh wanted an iPhone he couldn’t afford on his monthly salary of 50,000 Indian rupees ($521), taking out a small loan made the purchase possible. A PlayStation and television set followed, along with loans for a wine and spirits course and a trip home.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}