Category : Search result: 2008 financial crisis


India's Silent Household Debt Crisis Exposed

Indian households are quietly accumulating massive debt at an alarming 35% growth rate. Discover how education, healthcare costs, and easy credit are creating a financial time bomb that could impact economic stability.

NBFCs Sell Unsecured Loans to Cut Risk

Indian non-banking financial companies are strategically selling unsecured loan portfolios to banks and other investors amid regulatory scrutiny and rising risk concerns. Discover how this trend is reshaping lending practices.

Uncle Nearest Whiskey Faces Bankruptcy Crisis

Uncle Nearest Premium Whiskey, the acclaimed Black-owned spirits company, faces severe financial distress with potential Chapter 11 bankruptcy filing amid mounting debt and legal battles.

Pakistan Economy Collapses: Debt Hits $286.8B

Pakistan faces economic meltdown as public debt skyrockets to $286.8 billion with debt-to-GDP ratio reaching 70%, raising serious concerns about the nation's financial stability and future recovery prospects.

EMI Nation: India's Growing Debt Trap

India's growing addiction to EMI-based shopping is pushing countless households into financial distress. Discover how easy credit options are creating a generation of debt-ridden consumers.

Nepal Remains on FATF Grey List

Nepal continues its struggle with financial oversight as FATF maintains the country on its grey list, citing deficiencies in combating money laundering and terrorist financing.

IIT Madras Scholarships: 5 Key Financial Aid Programs

Discover IIT Madras' top 5 scholarship programs offering financial support to deserving students. Learn about eligibility criteria, award amounts, and renewal processes to fund your education at India's premier engineering institute.

Financial Systems as Public Goods: India's New Approach

Expert analysis reveals why treating financial systems as public infrastructure rather than private risks could transform India's economic stability and growth. Learn how this paradigm shift could benefit millions.

Finixx Awards 2025 Crowns India's BFSI Champions

Mumbai hosted the prestigious Finixx Awards Summit 2025, celebrating exceptional achievements and groundbreaking innovations across India's banking, financial services, and insurance sectors.

PrimaLend Bankruptcy: Subprime Lending Crisis in India

PrimaLend's shocking bankruptcy filing exposes deepening stress among subprime borrowers in India. Discover how this collapse could trigger wider financial tremors and what it means for the lending industry.

Puerto Rico Utility Bankruptcy Restarts as Board Returns

The Puerto Rico Electric Power Authority's bankruptcy case has been officially reopened after board members returned to their posts, marking a significant development in the territory's ongoing debt restructuring efforts.

Women-Focused Term Insurance Plans Launched

Discover how leading insurers are creating gender-specific term insurance products with enhanced benefits for women, addressing unique financial protection needs.

India's NBFC Crisis: RBI Warns of US Subprime Parallels

RBI's Financial Stability Report reveals alarming parallels between India's NBFC sector and the US subprime auto loan crisis. Discover the regulatory gaps and systemic risks threatening India's financial ecosystem.

Karnataka monitors university accounts directly

Karnataka Finance Department implements direct financial oversight of universities and autonomous bodies to enhance transparency and curb fund misuse. New monitoring system aims for better fiscal discipline.

Global Banks Bet Billions on India Amid US Credit Jitters

Major international banks including JPMorgan, Bank of America, and Citi are shifting focus to India, betting big on lucrative deals while US credit markets show signs of stress. Discover why India is becoming the new darling of global finance.

Supreme Court Ends Gstaad Hotels Insolvency Battle

In a landmark ruling, India's Supreme Court dismisses Gstaad Hotels' appeal, upholding NCLT's insolvency order. Founder Deepak Raheja's seven-year legal battle concludes as financial troubles force luxury hotel chain into corporate insolvency.

Diwali Money Mistakes: 5 Spending Traps to Avoid

As Diwali approaches, financial experts reveal common spending pitfalls that could derail your budget. Learn how to celebrate smartly without compromising your financial health.

Dhanteras 2025: 10 Smart Investments Beyond Gold

This Dhanteras 2025, explore smart financial moves beyond traditional gold and silver. Discover 10 modern investment strategies that can boost your portfolio and secure your financial future during the festive season.

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