Congress Data Chief's TN Debt Remarks Spark Political Row
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.
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.
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.
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.
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.
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.
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.
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
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.
Altice International restructures Portugal & Caribbean units to raise €750M debt, sparking bond price drops. Strategic review underway amid 12.1% earnings decline.
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.
Tragedy strikes Karnataka as a debt-ridden man jumps into a well with his two children and elderly father. Read the heartbreaking details of this family tragedy that has shaken Dharwad.
Japan approves a massive 21.3 trillion yen stimulus to counter inflation, but risks worsening public debt and a weaker yen. Learn about the economic and diplomatic implications.
New report reveals China's $2.2 trillion global lending strategy is shifting from development projects to M&A financing as Western nations resist equity investments.
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.
Private credit lenders including Antares Capital, KKR, BlackRock and Carlyle are set to take control of 48Forty Solutions in a debt-for-equity swap that will remove $1 billion from the company's balance sheet. Learn how this restructuring will reshape the
Discover the 3 major risks in debt mutual funds that Indian investors often overlook. Learn how to protect your investments from interest rate, credit, and concentration risks with expert guidance.
Oracle shares lose all September AI gains as debt surpasses $100 billion. The company faces junk rating risk while betting big on OpenAI partnership. Read full analysis.
Farmers' union SKM announces pan-India protests on November 26 commemorating five years of Delhi farmers' march. Demands include legal MSP guarantee and debt waiver.
BlackSoil Capital accelerates MSME lending post-merger with Caspian Debt, targeting 50% growth and doubled profits while maintaining 1.5% NPAs. Read how they're transforming small business financing.
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.
Discover the crucial factors to consider before investing in hybrid mutual funds. Learn about asset allocation, risk assessment, and investment goals for better returns.
Goldman Sachs and Deutsche Bank forced to absorb $500M after failed loan syndication for Allwyn's PrizePicks acquisition. Discover how credit markets turned cautious.