Category : Search result: family debt crisis


India's Debt-to-GDP Target: Key Challenges Explained

India shifts from fiscal deficit to debt-to-GDP as its primary fiscal anchor from 2026-27. While offering flexibility, low tax revenues pose a significant challenge to achieving the 50% target by 2031.

Farmer in Kidney Scandal Alleges Political Pressure

Chandrapur farmer Roshan Kule, a key victim in a kidney trafficking scandal, alleges a senior political leader is pressuring him to withdraw his complaint. He vows to release evidence within two days.

Punjab's Economic Slowdown: A Crisis of Confidence

Punjab's economic woes stem from a deeper collapse of belief. Explore why fiscal stress, migration, and stalled industry are symptoms of a profound crisis of confidence in the state's future.

Fisherman killed in Jamnagar family clash over debt

A 40-year-old fisherman, Ismail Sandhar, was killed in a violent clash between two families in Sachana village, Jamnagar. The dispute stemmed from a pending payment of Rs 1 lakh for fishing nets. Police have detained eight persons. Read the full details.

RBI: Consumption Loans Dominate Household Borrowing

RBI data reveals a shift in Indian household debt, with over 55% now for retail consumption. Household debt-to-GDP hits 41.3%, but savings improve. Explore the full financial stability report.

Saks Considers Bankruptcy Ahead of $100M Payment

Saks Global Enterprises is exploring Chapter 11 bankruptcy as a last resort before a crucial $100 million debt payment due Dec 30. The luxury retailer's turnaround plan has faltered. Read more.

Page 1 of 4