UAE President Cancels AED 475 Million Debt for Citizens
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.
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.
At 94, Jaiprakash Gaur watches his life's work collapse as NCLT admits Jaiprakash Associates into insolvency. Read about his rags-to-riches story and ultimate downfall.
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.
G20 leaders adopt landmark declaration on climate, debt relief and UN reform despite US boycott. Key takeaways from Johannesburg summit that made history.
India's private credit market is booming, with AUM projected to double to $60-70 billion by 2028. Discover how this asset class offers stable income and secured returns for HNIs and family offices.
Hong Kong's Gaw Capital races to extend a $110 million property-backed loan, a sign of deepening stress in China's real estate sector. Discover the implications for investors.
North Karnataka farmers face total distress after 2 years of abnormal monsoon patterns. Crops fail, debts mount, and livelihoods collapse. Read about the agricultural crisis.
Understand how capital gains tax applies to mutual funds in India. Learn about tax rates for equity and debt funds based on holding period. Plan your investments wisely!
Billionaire Ray Dalio identifies AI bubble in US markets but urges investors to hold tech stocks. Learn why he predicts low returns and what could trigger a crash.
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.
Delhi court sends four associates of Red Fort blast suspect Umar Nabi to 10-day NIA custody. Key developments in the November 10 terror attack investigation revealed.
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.
Gautam Adani's Adani Enterprises secures creditors' approval to take over bankrupt Jaiprakash Associates, gaining assets worth ₹35,000 crore across cement, power and hospitality sectors.
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.
Jaiprakash Power shares surge 9% as market speculates Adani Group may acquire the company. Stock hits upper circuit with heavy trading volumes. Analysis of potential deal impact.
Adani Enterprises secures creditor approval for $1.53 billion Jaiprakash Associates acquisition, beating Vedanta's higher offer with better payment terms. Key details inside.
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.
Foreign portfolio investment in Indian corporate bonds reaches $1.5 billion in Q1 2024. Explore key trends, regulatory changes, and future outlook for investors.
Discover what liquid funds are, their purpose in mutual fund portfolios, benefits for short-term investing, and how they differ from savings accounts. Learn more!
Nomura Holdings investigates potential profit inflation in its India fixed-income business. The probe focuses on Strips valuation practices in India's $1.3 trillion sovereign debt market. Read details.