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.
Altice International restructures Portugal & Caribbean units to raise €750M debt, sparking bond price drops. Strategic review underway amid 12.1% earnings decline.
New NBC poll reveals 63% Americans believe four-year college degrees aren't worth the cost due to rising fees and lack of job skills. Discover why perceptions are shifting.
Adani Group reveals ambitious debt reduction strategy targeting Rs 1 lakh crore by 2030 while planning massive Rs 1.5 lakh crore annual investments. Learn about their infrastructure vision.
Emerging market currencies took a breather on Thursday amid thin US holiday trading. Latin American currencies led declines while Asian markets showed mixed signals. Read analysis.
India's Insolvency and Bankruptcy Code undergoes major reforms with cross-border insolvency and faster debt resolution. Parliament to consider revised bill in December session.
China and Hong Kong shares edged higher on domestic AI optimism while property stocks tumbled after Vanke sought bond delay. Industrial profits fell in October.
BKFC star Mike Perry reveals shocking $806,209 tax debt due to accounting errors. The combat sports veteran blames financial team for mismanaging fight earnings. Read his emotional confession.
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.
South Indian Bank launches SIB Power CONSOL, a property-backed loan consolidating multiple debts into one EMI. Borrow up to ₹3 crore with 15-year repayment and zero processing fee.
Discover why debt-to-income ratio has become crucial for personal loan approval in India. Learn how to improve your DTI and secure better loan terms with our comprehensive guide.
Adani Group achieves record ₹92,943 crore EBITDA but faces rising debt at 3 times earnings. Explore the financial health and expansion plans of India's infrastructure giant.
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!
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.