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.
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.
Dr Makarand Vyawahare, HoD at Indira Gandhi Govt Medical College, faces sexual harassment FIR by PG student. Internal probe & police investigation underway. #GenderJustice
Two Madhya Pradesh employees die by suicide in Betul well after alleged workplace harassment over false relationship rumours. Police investigation ongoing.
A professor from Chikkamagaluru Institute of Medical Sciences faces FIR for allegedly stalking and harassing a female student. Investigation underway. Read details.
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.
Former taekwondo instructor alleges caste-based abuse and mental harassment at GD Goenka Public School, leading to forced resignation. FIR filed under SC/ST Act.
A Chikkamagaluru medical student alleges sexual harassment by faculty member. Accused doctor denies claims, citing attendance issues. Investigation ongoing.
A national-level shooter was sexually harassed by bus staff during night journey in Indore. Three intoxicated men arrested after victim alerted police during routine check. Read full details.
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.
55-year-old Puran Chand dies by suicide after constant mental harassment by Irrigation Department seniors. Three officials arrested as police investigation reveals withheld salary, systematic abuse.
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.
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.
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.
Amid RBI's twists, turns, and OMOs, bond investors face volatility. Discover why long-term discipline might be the key to navigating India's complex debt market landscape.
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.
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.
A shocking incident in Bengaluru's posh Indiranagar neighborhood where a woman was allegedly sexually harassed and exposed to public indecency during her evening dog walk has raised serious safety concerns.
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.
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.
The National Commission for Women has demanded action against a senior AIIMS cardiologist following harassment complaints. Exclusive details inside.
Himachal Pradesh State Women's Commission intervenes as woman alleges BJP MLA Tikender Singh Panwar threatened her family over property dispute. Commission gives Chamba SP 10-day deadline for detailed report.
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.