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.
Category : Search result: state debt crisis
Maharashtra Police Crackdown on Illegal Moneylenders
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 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.
1929 Crash: Timeless Lessons for Modern Investors
Andrew Ross Sorkin's new book '1929' revisits the Great Crash. Discover the parallels with today's market exuberance and margin debt. A must-read for investors.
Uttar Pradesh reduces power sector debt by 25%
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.
UP Reduces Power Debt by 25%, Defies National Trend
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.
Tamil Nadu Tops India's Most-Indebted States List: PMK
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.
Himachal Revenue Hits Rs 26,683 Cr, CM Sukhu Credits New Policies
Himachal Pradesh CM Sukhvinder Singh Sukhu reveals state revenue surged to Rs 26,683 crore in 2.5 years, crediting liquor vend auctions. He aims for a self-reliant Himachal by 2027. Read more.
Exports Boom, Joblessness Falls: India's Weekly Data Snapshot
India's merchandise exports jumped to $38 billion in November, while unemployment fell to a record low of 4.7%. Dive into the key charts on trade, nuclear power, tourism, and state debt.
MP Govt's Rs 125 Cr Daily Loan, Debt Crosses Rs 4.65 Lakh Cr
Madhya Pradesh's debt surpasses its annual budget, averaging over Rs 125 crore in daily loans. Govt defends borrowing for infrastructure and Ladli Behna scheme. Read the full analysis.
How Debt Settlement Can Reunite Indian Families
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.
India, Oman Back Gaza Peace Plan & Palestinian State
India and Oman jointly welcome the initial Gaza ceasefire plan, urging a two-state solution for lasting peace. Read the full diplomatic statement and analysis.
Farmer sells kidney, trapped in Laos bonded labour after debt
Chandrapur farmer Roshan Kule sold his kidney to repay loans but fell into bonded labour in Laos. Rescued after MLA's intervention, police probe illegal lending & organ trade. Read the shocking details.
FM Sitharaman: Debt Reduction Key Focus for 2026-27
Finance Minister Nirmala Sitharaman states reducing debt will be a primary goal in 2026-27. Data reveals 11 states have debt-to-GSDP ratios at 35% or more this fiscal year. Get the full analysis.
Farmer Sells Kidney to Clear Rs 1 Lakh Debt in Maharashtra
A desperate farmer from Maharashtra's Beed district sold his kidney to repay a loan. This shocking case highlights the deepening agrarian crisis and financial distress in rural India. Read the full story.
Telangana leads India with highest govt guarantees vs GSDP
Telangana's govt guarantees hit 15.1% of GSDP, far above national average. Experts warn of fiscal risks. Read about state-wise breakdown and sector exposure.
MPPSC 2026 Exam Schedule Out: Check Key Dates
MPPSC unveils its 2026 exam calendar, offering early clarity for aspirants. Key exams for State Services, Engineering, and Assistant Professor posts scheduled from Jan to Sept 2026. Plan your preparation now!
Mizoram's Rs 4,349 Cr Credit Plan for 2026-27 Unveiled
Mizoram CM Lalduhoma launched the State Focus Paper projecting a Rs 4,349.71 crore credit outlay for priority sectors. The plan highlights solar projects and the Rubber Mission's expansion. Discover the state's development roadmap.
Karnataka Farmer Suicides: Over 2800 Deaths Since 2023-24
Shocking data reveals over 2800 farmer suicides in Karnataka since 2023-24 FY. Minister cites debt & crop failure as key reasons. Read the full report.
VSK University's Rs 10 Crore Fee Debt Crisis
Vijayanagara Sri Krishnadevaraya University grapples with a Rs 10 crore student fee debt from affiliated colleges, threatening admissions and exams. Read about the financial challenge.
375 Karnataka Schools Switch to CBSE Syllabus Since 2022
Data shows 375 private schools in Karnataka migrated from state to CBSE syllabus between 2022-2024. Experts cite parental perception, flexible norms, and curriculum quality as key drivers. Explore the detailed analysis.
Rajasthan universities face collapse, seek urgent state funds
Vice Chancellors of 17 Rajasthan state universities warn of imminent collapse of higher education standards due to severe financial crisis. Read about the alarming details and their plea for urgent government intervention.
Middle-Class Debt Trap: RBI Data Shows Rising EMI Burden
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.
Bajwa: AAP Pushing Punjab to Economic Emergency
Congress leader Partap Singh Bajwa accuses AAP govt of financial mismanagement, pushing Punjab to brink. 9,000 NHM staff unpaid, services halted. Read the full analysis.
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.
Sanders: 530,000 US Medical Bankruptcies Yearly
US Senator Bernie Sanders highlights that over 530,000 Americans face bankruptcy annually due to medical debt, calling for Medicare for All. Read his stark comparison with other nations.
Gujarat GST Mop-up Rises 9%, Hits Rs 52,390 Crore
Gujarat's GST collection grew 9% to Rs 52,390 crore in April-November FY26. November saw Rs 6,723 crore GST, with enforcement revenue surging 61.7%. Read the full state tax report.
Bhaskar wins 25th Karnataka State Billiards title
Defending champion B Bhaskar defeated rival IH Manudev 4-0 to win his 25th Karnataka State ranking billiards title in Bengaluru. Read about his commanding victory and comeback journey.
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
Musk: AI & Robotics Will Solve US Debt Crisis
Elon Musk reveals on Nikhil Kamath's podcast that only AI and robotics at massive scale can solve America's growing debt problem. Watch the full analysis!
Page 2 of 4