Kerala Debt Crisis: Union Minister Warns, Criticizes State Govt
Union Minister George Kurian highlights Kerala's alarming 230% debt rise over 10 years, urging adoption of central schemes like PM Viksit Bharat Rozgar Yojana for financial relief.
Union Minister George Kurian highlights Kerala's alarming 230% debt rise over 10 years, urging adoption of central schemes like PM Viksit Bharat Rozgar Yojana for financial relief.
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A World Economic Forum survey reveals economists expect global economic conditions to deteriorate in 2026, driven by mounting debt and geopolitical tensions.
Major US banks report resilient consumer spending and savings, contradicting widespread affordability concerns. Executives highlight positive economic indicators despite rising delinquencies in some segments.
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.
Brooklyn Beckham, the youngest child of David and Victoria, has cut off communication and hired a lawyer, escalating the family feud. Read the latest developments.
Pakistan's Foreign Minister predicts independence from IMF aid within six months, citing aircraft orders. However, experts warn the country's massive external debt tells a different story. Read the full analysis.
As Trump meets oil execs on Venezuela, an expert explains why risks outweigh rewards. High debt, political instability, and uncertain terms deter major new investments despite vast reserves.
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.
The $2.7 billion luxury retail merger of Saks and Neiman Marcus has led to a debt crisis, delayed vendor payments, and potential bankruptcy. Discover the inside story of the failed deal.
Ludhiana Improvement Trust grapples with a severe financial crunch as over Rs 64 crore in interest-free loans to other departments remains unrecovered, stalling its own development works.
A 17-year-old boy's emotional surprise of clearing his mother's Rs 12 lakh debt goes viral. Aman Duggal's gesture of gratitude and responsibility has won hearts online. Watch the touching moment here.
Wall Street investors who held distressed Venezuelan debt are seeing massive gains after Maduro's ouster. Bonds have quintupled, with firms like Fidelity and T. Rowe Price poised for a windfall. Read more.
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.
Congress leader Praveen Chakravarty calls Tamil Nadu's debt 'alarming', triggering backlash from ally DMK and his own party. Analysis of the political fallout ahead of 2026 polls.
Former FM P Chidambaram counters AICC's Praveen Chakravarthy, says debt-to-GSDP ratio is the true fiscal health indicator. TN's liabilities within limits. Read the full debate.
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.
Senior Congress leader P Chidambaram dismissed Praveen Chakravarthy's comparison of Tamil Nadu and Uttar Pradesh's debt. He declined a public economic debate, stating he wasn't qualified. Read the full political analysis.
Celebrate Global Family Day 2026 the right way. Avoid these 5 common mistakes to strengthen bonds and create joyful memories with your loved ones. Read more!
Himachal Pradesh grapples with a massive ₹1.14 lakh crore debt. Discover the state's revival plan involving central assistance, fiscal discipline, and new revenue sources. Can these measures pull HP out of the red?
Punjab's debt crisis escalates to Rs 3.73 lakh crore, consuming 46% of revenue. This fiscal emergency threatens development and demands urgent policy action. Read the full analysis.
A couple and their toddler son were found dead in Bokaro's Sector 9B. Police suspect debt as the motive. Read the full investigation details here.
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.
Shravan Mallick, a man from Purnia, died by suicide unable to bear loan agent harassment. Police have launched an investigation. Read the full story.
A new report shatters the illusion of China's economic resilience, revealing a deepening structural crisis driven by debt, property collapse, and demographic decline. What does this mean for global markets? Read the full analysis.
Himachal Pradesh faces a precarious 2025, grappling with natural calamities, a rushed rebuilding mission, and a staggering debt burden. Explore the state's fight for recovery and stability.
Private money lenders in Vidarbha lent over Rs 227 crore in 2025, but a mere Rs 21,000 went to farming. Explore the debt crisis and its link to farmer suicides. Read the full investigation.
India's net household savings plunge to a 48-year low as post-pandemic borrowing for consumption surges. The middle class is trapped in high-cost debt. Read the full analysis.
Maharashtra police launch a major crackdown on illegal moneylenders after a farmer sold his kidney to repay a debt. New help desks and awareness campaigns aim to protect vulnerable citizens.
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.