Maharashtra's MSEDCL will separate its agricultural power business with ₹75,000 crore dues to pare debt, boost efficiency, and list a profitable entity. Read how this major restructuring aims to attract investors.
Oswal Pumps shares surged nearly 4% after securing a ₹180 crore empanelment from MSEDCL for 6,500 solar pumps under PM KUSUM-B. Details on the project and stock performance inside.
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.
NCLT approves Vedanta's demerger into 5 listed firms. Get the latest on the timeline, debt allocation of ₹66,000 crore, and what it means for investors. Key milestone for Anil Agarwal.
PM Modi's historic Ethiopia visit elevated ties to a Strategic Partnership, secured a G20 debt restructuring deal, and boosted cooperation in health, education & AI. Explore the 8 key outcomes.
Vidarbha Industries Association reveals a 20% electricity tariff hike in Maharashtra, contradicting CM Devendra Fadnavis's assurance of stable rates for five years. Industry warns of economic strain.
A fire destroyed 12 electrical meters in Nashik hours after residents opposed smart meter installation. Electrical inspector to investigate the cause. Read the latest updates.
Maharashtra's MSEDCL enters Guinness Book for installing 45,911 solar agricultural pumps in one month, boosting farmer income and clean energy. Read how they did it.
Colombia's top private gas producer, Canacol Energy, negotiates emergency financing to restructure debt as output declines. Will creditors agree? Full details inside.
Maharashtra's power regulator MERC will hold public hearings in six cities, including Nagpur, in Jan 2026 on MSEDCL's tariff review petition. Submit your objections by Dec 27.
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.
MSEDCL issues strict directives to prevent power disruptions in Nagpur during the Winter Session from Dec 8. All digging activities halted to protect underground cables in VVIP zones.
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.
Maharashtra's power distributor MSEDCL faces financial crisis as 34% consumers default on electricity bills totaling Rs 2,968 crore. Learn about the recovery drive.
Altice International restructures Portugal & Caribbean units to raise €750M debt, sparking bond price drops. Strategic review underway amid 12.1% earnings decline.
Supreme Court directs MERC to decide MSEDCL's electricity tariff review petition within 12 weeks after consulting stakeholders. Current tariffs remain until new order.
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.
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
Target Corporation reduces 2025 earnings forecast amid restructuring and soft demand. Retailer plans $5 billion capital spending boost while shares decline 2% in early trading.
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.
US Department of Education initiates major restructuring, transferring 6 key grant programs to other departments. Historic move signals potential dismantling of federal education agency.
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.