India's Middle Class Debt Trap: Savings at 48-Year Low
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.
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.
Venezuela condemns the US seizure of an oil tanker as 'international piracy,' escalating tensions over sanctions and global energy markets. Read the full details.
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.
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.
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.
Altice International restructures Portugal & Caribbean units to raise €750M debt, sparking bond price drops. Strategic review underway amid 12.1% earnings decline.
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.
Amber Energy, an Elliott Investment Management affiliate, wins court-ordered auction for Citgo Petroleum parent company. $5.89 billion deal marks crucial step in Venezuela's foreign asset resolution.
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.
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.
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.
China's household debt crisis deepens with 83 million potentially in arrears. Rising defaults, aggressive collectors, and economic pressures challenge middle-class stability. Read analysis.
India's credit card usage is rapidly growing. Learn how high interest rates, minimum payments, and impulse spending can create debt traps and discover strategies for financial security.
US President Donald Trump confirms $2,000 payments to low and middle income citizens from tariff income. Remaining funds to reduce $37 trillion national debt. Details here!
Discover strategic ways to use personal loans for managing surprise financial emergencies without derailing your budget. Learn how to turn debt into a tool for financial stability.
Bank of Baroda's latest analysis reveals promising outlook for India's 10-year government bonds, with yields expected to trade between 6.48% and 6.58% in November, driven by robust foreign institutional investor inflows and favorable market conditions.
Discover the powerful debt repayment strategy that helped a Bengaluru software engineer eliminate a massive ₹53 lakh loan years ahead of schedule. Learn his practical tips for financial freedom.
Thinking of funding your next holiday with a personal loan? Discover the smart pros and dangerous cons of travel borrowing in our comprehensive guide for Indian travelers.
A 48-year-old widow from Ropar dies by suicide after facing extreme bullying from recovery agents over unpaid ₹1000 loan dues, exposing the dark side of micro-lending practices in Punjab.
A heartbreaking story from Punjab exposes the brutal reality of illegal money lending as a family loses their mother over an inability to repay a small loan with exorbitant interest rates.
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 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.
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.