India's Middle Class Debt Trap: Savings at 48-Year Low
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.
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.
Uttar Pradesh slashes power sector debt by 25% while India's overall liabilities surge 40%. Discover how UP's fiscal discipline defies the national trend of rising discom debt.
Uttar Pradesh slashes its power sector debt by nearly 25% over five years, standing out as other major states see sharp increases. Discover how UP achieved this financial turnaround.
PMK leader Anbumani Ramadoss slams DMK govt as Tamil Nadu's debt hits ₹9.55 lakh crore, topping the list of most-indebted Indian states for the fourth consecutive year. Details inside.
Financial stress from debt is tearing Indian families apart. Discover how professional debt settlement offers a path to relief, peace, and reconnecting with loved ones.
New projections warn diabetes cases could hit 900 million globally by 2050, driven by modern lifestyles. Learn the causes, impacts, and prevention strategies to combat this silent pandemic.
Mumbai University rebounds strongly, awarding 577 PhDs at its Jan 17 convocation, a 44% increase from last year. Prof. Ajay Kumar Sood to be Chief Guest. Details inside.
H5N1 avian influenza infects cattle and poultry workers, with 986 global cases since 2003. Experts say human-to-human spread remains unlikely, but vigilance is key. Learn the risks and prevention steps.
President Donald Trump delivered a prime-time address outlining his administration's actions on border security and the COVID-19 pandemic. Read the full details and analysis here.
Over 650 global experts convened at VIROCON 2025 in Pune to discuss emerging viruses & pandemic preparedness. Key focus on One Health & innovation. Read more.
The ASER 2023 report reveals Indian students' foundational learning has bounced back to pre-pandemic levels. Enrollment is high, but challenges remain. Discover the key findings and what they mean for India's education system.
CSIR-NEERI's Environmental Epidemiology Lab in Nagpur, led by Dr. Krishna Khairnar, is now an ICMR Collaborating Centre of Excellence. This boosts India's pandemic preparedness and environmental health research. Discover its global impact.
US Senator John Kennedy condemns the massive $1 billion 'Feeding Our Future' pandemic aid fraud scheme, one of the largest welfare fraud cases in US history. Read the shocking details.
A new book details how the Society for Cyberabad Security Council enabled Hyderabad's IT work-from-home shift. Governor launches 'The Extra Mile', praising resilience. Read the inspiring story.
India's middle class faces a growing debt crisis, with 5-10% of households in a trap. Driven by easy credit and social comparisons, the dream of upward mobility is turning risky. Read more.
Telangana and Andhra Pradesh have become India's most aggressive borrowers in 2025, overshooting RBI limits by 190% and 122% respectively. Economists warn of severe long-term fiscal stress. Read the full analysis.
IBM CEO Arvind Krishna refutes AI as primary cause of tech layoffs, calling it a 'natural correction' post-pandemic over-hiring. He projects up to 10% AI-led job displacement, but sees long-term hiring growth. Read more.
VTB, the largest creditor of Russian Railways, reveals banks are ready to restructure its 4 trillion rouble debt, but only if the central bank does not hike reserve requirements. Debt-to-equity conversion is off the table. Explore the financial challenges
Oxfam's 2020 report reveals India allocated only 4% of its budget to health, ranking 155th globally. This critical underfunding left the nation vulnerable during the COVID-19 crisis. Read the full analysis.
UAE President Sheikh Mohamed bin Zayed Al Nahyan erases AED 475 million debt for 1,435 Emiratis through SCB initiative. Historic humanitarian gesture supports financial stability.
The post-pandemic workplace is embracing AI-powered surveillance tools that track every click and pause. Discover how bossware is reshaping corporate culture in India.
Altice International restructures Portugal & Caribbean units to raise €750M debt, sparking bond price drops. Strategic review underway amid 12.1% earnings decline.
Explore how COVID-19 transformed Indian entertainment landscape as OTT shows like Panchayat and Pataal Lok dominated while theaters closed. Discover the films and series that defined 2020.
Debt-ridden IL&FS group has repaid ₹48,463 crore to creditors, achieving 80% of its ₹61,000 crore debt resolution target. Read the latest updates on NCLAT proceedings.
Carrying ₹60,000 credit card debt can hurt your credit score due to high utilization. Learn how personal loans for debt consolidation affect your credit health and smart repayment strategies.
The post-pandemic economy sees rise of solo consumers as people increasingly travel, dine and spend alone. Discover how this new economic force is transforming markets globally.
RBI data reveals India's debt is growing twice as fast as assets. Per capita debt now stands at ₹4.8 lakh. Is young India heading for a debt trap? Read more.
GMR Airports plans to refinance Hyderabad airport's foreign currency loans with ₹2,150 crore rupee-denominated NCDs to reduce borrowing costs and currency risk. Read more about their debt strategy.
Photographer Prashant Godbole captures 3798 photos from his window during India's lockdown, creating a unique visual diary of changing urban landscapes and human resilience.