Category : Search result: debt trap


5 Times to Avoid Personal Loans

Thinking about a personal loan? Read this first! Discover the 5 dangerous scenarios where taking a personal loan could wreck your finances and lead to debt disaster.

SBI Life NBFC Raises ₹80 Crore via NCD Allocation

SBI Life Insurance's NBFC arm successfully allocates ₹80 crore via NCDs across multiple tenures, signaling robust investor confidence and strategic financial planning in the insurance sector.

Offset's $2.3M Tax Crisis Amid Cardi B Divorce

Migos rapper Offset faces massive financial turmoil as federal and state authorities slap him with $2.3 million in tax liens while his divorce from Cardi B continues, creating perfect storm of legal and money troubles.

Court: No Interest on Recovered Mallya Funds

In a landmark judgment, Karnataka High Court rules banks cannot charge interest on already recovered amounts from Vijay Mallya's defunct Kingfisher Airlines, setting a crucial precedent for banking recovery practices.

DoT Approves AGR Waiver for Vodafone Idea & Airtel

In a significant boost for struggling telecom operators, the Department of Telecommunications grants AGR waiver relief to Vodafone Idea and Bharti Airtel, potentially reshaping India's telecom landscape.

Chinese man seeks first love to repay 20-year debt

A married Chinese man's heartfelt search for his first love to repay a debt of 1,400 yuan after 20 years has captured hearts across social media. Read this emotional story of integrity and nostalgia.

Indian Venture Debt Firms Expand Globally to GCC, SE Asia & UK

India's leading venture debt firms are going global! BlackSoil, Stride Ventures, and EvolutionX Capital expand operations to GCC nations, Southeast Asia, and the UK, fueling Indian startups' international growth with innovative debt financing solutions.

Wall Street CEOs: AI Growth Can Solve US Debt Crisis

Goldman Sachs CEO David Solomon joins JPMorgan's Jamie Dimon in highlighting AI-driven productivity as potential solution to mounting US national debt concerns. Exclusive insights on economic transformation.

Delhi Air Turns Hazardous as Weak Winds Trap Pollutants

Delhi's air quality deteriorates sharply as stagnant winds create pollution trap. AQI reaches 'very poor' category with major pollutants PM2.5 and PM10 dominating the atmosphere. Health advisory issued for vulnerable groups.

Corporate Bonds: India's Debt Market Sweet Spot

Discover why corporate bonds are becoming the preferred investment choice in India's massive debt market, offering better returns than government securities with manageable risks. Learn how changing market dynamics are creating unprecedented opportunities

ELSS vs PPF vs FD: Best Tax-Saving Investment 2024

Struggling to choose between ELSS, PPF, and FDs for tax savings? Our comprehensive guide breaks down returns, lock-in periods, and risks to help you make the smartest investment decision this financial year.

Vedanta Q2 Profit Plunges 59% Amid Write-Off

Vedanta Ltd reports steep 59% drop in Q2 net profit to ₹1,308 crore amid one-time power business write-off. Analysts question demerger delays and JP Morgan's bid as company navigates debt challenges.

RBI completes ₹32,000 cr bond auction, green bonds lead

The Reserve Bank of India successfully completes underwriting auction for government bonds worth ₹32,000 crore, with green bonds attracting premium commission rates. Get exclusive insights into India's sovereign debt market dynamics.

India's ₹3 Lakh Crore Discom Debt Crisis

India's struggling power distribution companies (discoms) are drowning in debt. A new financial relief package aims to break the cycle, but will privatization and reforms bring lasting change?

Anil Ambani Withdraws Plea in ₹750 Cr RCom Loan Case

In a dramatic turn of events, Anil Ambani withdraws his interim relief plea against IDBI Bank in the ₹750 crore RCom loan case. Get exclusive details about the Mumbai court proceedings and what's next in this high-stakes financial battle.

India's Silent Household Debt Crisis Exposed

Indian households are quietly accumulating massive debt at an alarming 35% growth rate. Discover how education, healthcare costs, and easy credit are creating a financial time bomb that could impact economic stability.

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