Category : Search result: debt trap


Telangana, Andhra Pradesh overshoot RBI borrowing limits

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.

UP Anti-Corruption Body Nabs 3 in Bribery Traps

Uttar Pradesh Anti-Corruption Organisation arrested three officials in separate bribery traps in Bareilly and Mirzapur. One officer demanded Rs 5,000 for bail, while two power corp staff took Rs 30,000 to alter a bill. Read the full details.

Russian Railways Debt Restructuring Talks: VTB's Key Role

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

Man trapped in leopard cage in Bahraich rescued

A 28-year-old man was rescued after getting trapped in a Forest Department leopard cage in Bahraich's Kaiserganj area. He was let off with a warning for endangering himself.

4 Arrested for Honey-Trapping Businessman in Mumbai

Mumbai police swiftly arrested four individuals, including a woman, for a honey-trap robbery in Aarey Colony. The gang stole a gold chain worth Rs 5 lakh from a Deonar businessman. Read the full details.

Widow dies by suicide over ₹1000 loan harassment

A 48-year-old widow from Ropar dies by suicide after facing extreme bullying from recovery agents over unpaid ₹1000 loan dues, exposing the dark side of micro-lending practices in Punjab.

5 Times to Avoid Personal Loans

Thinking about a personal loan? Read this first! Discover the 5 dangerous scenarios where taking a personal loan could wreck your finances and lead to debt disaster.

SBI Life NBFC Raises ₹80 Crore via NCD Allocation

SBI Life Insurance's NBFC arm successfully allocates ₹80 crore via NCDs across multiple tenures, signaling robust investor confidence and strategic financial planning in the insurance sector.

Offset's $2.3M Tax Crisis Amid Cardi B Divorce

Migos rapper Offset faces massive financial turmoil as federal and state authorities slap him with $2.3 million in tax liens while his divorce from Cardi B continues, creating perfect storm of legal and money troubles.

Court: No Interest on Recovered Mallya Funds

In a landmark judgment, Karnataka High Court rules banks cannot charge interest on already recovered amounts from Vijay Mallya's defunct Kingfisher Airlines, setting a crucial precedent for banking recovery practices.

DoT Approves AGR Waiver for Vodafone Idea & Airtel

In a significant boost for struggling telecom operators, the Department of Telecommunications grants AGR waiver relief to Vodafone Idea and Bharti Airtel, potentially reshaping India's telecom landscape.

Chinese man seeks first love to repay 20-year debt

A married Chinese man's heartfelt search for his first love to repay a debt of 1,400 yuan after 20 years has captured hearts across social media. Read this emotional story of integrity and nostalgia.

Indian Venture Debt Firms Expand Globally to GCC, SE Asia & UK

India's leading venture debt firms are going global! BlackSoil, Stride Ventures, and EvolutionX Capital expand operations to GCC nations, Southeast Asia, and the UK, fueling Indian startups' international growth with innovative debt financing solutions.

Wall Street CEOs: AI Growth Can Solve US Debt Crisis

Goldman Sachs CEO David Solomon joins JPMorgan's Jamie Dimon in highlighting AI-driven productivity as potential solution to mounting US national debt concerns. Exclusive insights on economic transformation.

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