HC Directs OSMCL MD to Appear Over Emergency Procurement Lapses
Orissa High Court reprimands OSMCL for lacking emergency medical procurement. MD ordered to appear on Dec 11 over delays at SCB Medical College. Read the full story.
Category : Search result: medical debt crisis
SC: 95 Puducherry Med Students Must Do Rural Service for Degrees
Supreme Court mandates 3-month pro bono rural service for 95 PG medical students admitted irregularly in 2017-18. 18 meritorious students get ₹15 lakh+ compensation each. Full details inside.
SC: Puducherry medical students must serve rural areas for degrees
Supreme Court mandates 95 PG medical students from Puducherry private colleges to complete 3-month pro bono rural service for degrees. 18 students get ₹15 lakh+ compensation for lost seats in 2017-18. Full details inside.
Jharkhand OKs Rs 700cr Medical College Expansion in Dhanbad, Jamshedpur
Jharkhand health department greenlights major expansion of SNMMCH Dhanbad & MGMMCH Jamshedpur. MBBS seats to rise, new infrastructure planned. Read for details.
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.
GMCH-32 Faculty Shortage Cripples Patient Care & PG Courses
Govt Medical College, Chandigarh faces a severe faculty crisis in ENT, surgery & other departments, impacting patient care & threatening postgraduate programs. Read more.
Bajwa: AAP Pushing Punjab to Economic Emergency
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, Andhra Pradesh overshoot RBI borrowing limits
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.
RIMS cancels MBBS admission over fake caste certificate
Rajendra Institute of Medical Sciences cancels admission of first-year MBBS student after probe confirms fraudulent SC certificate. Two similar cases detected in Daltonganj. Read the full investigation details.
Sanders: 530,000 US Medical Bankruptcies Yearly
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.
Gujarat PG Medical First Round: 2,119 Seats Allotted
Gujarat's PG medical admission first round sees 2,119 students allotted seats. 254 seats remain vacant. Fee payment deadline is Dec 5. Read for details on new seats and next steps.
Russian Railways Debt Restructuring Talks: VTB's Key Role
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
Musk: AI & Robotics Will Solve US Debt Crisis
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!
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.
418 New PG Medical Seats Approved in Tamil Nadu Colleges
National Medical Commission approves 418 additional PG seats in Tamil Nadu's private medical colleges. New seats include anaesthesiology, general medicine & surgery. State aims to add seats in second counselling round.
AU-EU Summit 2025: Global Shifts Transform Africa-Europe Ties
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.
Jaiprakash Gaur's Legacy Ends in Bankruptcy
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 Moves Key Assets Beyond Creditors' Reach
Altice International restructures Portugal & Caribbean units to raise €750M debt, sparking bond price drops. Strategic review underway amid 12.1% earnings decline.
NMC Lacks Data on Hospitals for Medical Residency
National Medical Commission admits having no exact data on hospitals with 220-499 beds despite new residency rules. Medical students face uncertainty about career planning. Learn more about this regulatory gap.
IL&FS Repays ₹48,463 Crore to Creditors by September 2025
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.
Gaw Capital's Last-Minute Loan Talks Flag China Property Strain
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.
BJP Accused of Communalizing Medical Sciences
Sajad Lone accuses BJP of communalizing medical education after party MLA seeks reservations for Hindus in medical colleges. Read the full controversy details.
Sajad Lone Accuses BJP of Communalising Medical Sciences
J&K politician Sajad Lone alleges BJP communalizing medical college admissions. Controversy erupts over selection lists in Jammu & Kashmir institutions. Read full details.
Dharwad Family Suicide Over Mounting Debts Shocks Karnataka
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.
How ₹60K Credit Card Debt Affects Your Credit Score
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 AI bubble bursts as debt soars to $100 billion
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.
India's Per Capita Debt Rises to ₹4.8 Lakh
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 Issues ₹2,150 Cr NCDs for Debt Refinancing
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 Bank NPAs Cross ₹8,000 Crore Mark
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.
Oracle's AI Debt Push Triggers Default Protection Surge
Oracle's massive $500B AI investment drives debt default protection costs to 2021 highs. Credit swaps jump 13.5 basis points as investors hedge risks. Read analysis.
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