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.
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.
Google's Gemini 3 AI is outpacing OpenAI's GPT-5.1, forcing a 'code red' at ChatGPT-maker. This delays profit plans, raising sustainability questions for its key backers Oracle and Microsoft, who have committed over $550 billion.
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 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.
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.
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
OpenAI CEO Sam Altman reveals ChatGPT's launch felt like a lucky breakthrough. Now, the company is making an aggressive $1 trillion infrastructure bet with Foxconn, AMD, Nvidia, and Oracle. Read more.
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!
OpenAI's data center partners accumulate nearly $100B in borrowing while the AI startup maintains minimal debt. Oracle faces biggest exposure with $315B market value drop. Read the shocking financial details.
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.
The 2025 AU-EU Summit in Luanda marks a pivotal shift from donor-recipient dynamics to interest-driven cooperation, focusing on trade, critical minerals, and debt restructuring amid global changes.
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.
OpenAI's $500B Stargate project strains partners as SoftBank sells assets & Oracle piles debt. Google's Gemini 3 intensifies AI cash race. Who's winning?
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.
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.
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.
Oracle shares plummet below $200, losing $360B in value since OpenAI partnership. Investors question massive AI infrastructure spending and rising debt exceeding $100B.
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.
Oracle's credit-default swaps triple to $111,000 as investors hedge against AI boom risks. Trading volume hits $5B amid massive AI spending. Explore the market implications.
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.
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.
Jharkhand's bank NPAs surge to ₹8,308 crore despite percentage decline. UCO Bank worst performer at 17.10% NPA. Banks seek government help for recovery amid 48,824 pending cases.
As tech companies prepare to borrow hundreds of billions for AI investments, lenders are aggressively hedging risks with credit derivatives. Oracle CDS trading hits $4.2 billion amid default concerns.
As tech giants borrow billions for AI expansion, lenders are buying record credit protection. Oracle CDS trading hits $4.2 billion amid default concerns. Discover the risks behind India's AI revolution.
Massive AI data center investments reaching $1.8 trillion are testing credit markets. Experts warn of parallels with historical busts. Will history repeat?
Cash-strapped Himachal Pradesh government secures Rs 300 crore loan through RBI auction for development projects as state debt crosses Rs 1 lakh crore mark. Details inside.
Hundreds of farmers and laborers from Amritsar depart for Shambhu border, demanding MSP guarantee and debt waiver. Follow live updates on the renewed protest movement.
Investment firms for ultra-wealthy diverged on Oracle as stock surged 30% in Q3. Larry Ellison's wealth jumped $89B in single day. Discover the AI cloud battle details.