The government may announce reforms to SARFAESI Act and DRT procedures in Budget 2026-27 to clear backlog of 178,000 cases and speed up debt recoveries. Key changes aim to reduce litigation.
A 17-year-old boy's emotional surprise of clearing his mother's Rs 12 lakh debt goes viral. Aman Duggal's gesture of gratitude and responsibility has won hearts online. Watch the touching moment here.
Wall Street investors who held distressed Venezuelan debt are seeing massive gains after Maduro's ouster. Bonds have quintupled, with firms like Fidelity and T. Rowe Price poised for a windfall. Read more.
Kolkata Airport Police investigate loan recovery agents for criminal intimidation, obscene threats, and online harassment targeting a borrower's family, including a minor. Read the full report.
Congress leader Praveen Chakravarty calls Tamil Nadu's debt 'alarming', triggering backlash from ally DMK and his own party. Analysis of the political fallout ahead of 2026 polls.
Former FM P Chidambaram counters AICC's Praveen Chakravarthy, says debt-to-GSDP ratio is the true fiscal health indicator. TN's liabilities within limits. Read the full debate.
Senior Congress leader P Chidambaram dismissed Praveen Chakravarthy's comparison of Tamil Nadu and Uttar Pradesh's debt. He declined a public economic debate, stating he wasn't qualified. Read the full political analysis.
Punjab's debt crisis escalates to Rs 3.73 lakh crore, consuming 46% of revenue. This fiscal emergency threatens development and demands urgent policy action. Read the full analysis.
RBI data reveals a shift in Indian household debt, with over 55% now for retail consumption. Household debt-to-GDP hits 41.3%, but savings improve. Explore the full financial stability report.
Ex-CM Bhupinder Singh Hooda cites NCRB data showing a 186% spike in corruption cases. He details a massive paddy procurement scam worth crores and warns of Haryana's alarming debt crisis. Read the full expose.
ACB Nanded traps a police sub-inspector and constable for allegedly accepting a bribe of Rs 1 lakh. Both officers attached to Airport police station arrested. Read the full details of the corruption case.
A CBI court in Ahmedabad sentenced a former DRT recovery inspector and an advocate to two years' rigorous imprisonment for demanding a Rs 3.5 lakh bribe. Details inside.
BSF recovers 12 kg heroin near Amritsar's Indo-Pak border. The narcotics, packed in 12 packets, were found in a farming field. Investigations are ongoing, but no arrests have been made.
A CBI court in Ahmedabad sentenced a former DRT inspector and a lawyer to two years' rigorous imprisonment for demanding a Rs 3.5 lakh bribe in a 2009 case. Read the full details of the trap and conviction.
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.
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.
The 10th UN anti-corruption conference in Doha concluded, urging nations to harness AI's potential to combat corruption and economic crime. Key discussions focused on youth engagement and asset recovery.
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.
ED facilitates payment of long-pending dues to Kingfisher Airlines' ex-staff. ₹312 crore transferred via liquidator after DRT approval. Read the full story.
Frontier markets like Sri Lanka, Bangladesh, and Ghana are investor darlings in 2025, with indices soaring over 40%. Discover why fund managers are bullish for 2026 and which economies offer the next big opportunity.
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.
Uttar Pradesh Anti-Corruption Organisation arrested three officials in separate bribery traps in Bareilly and Mirzapur. One officer demanded Rs 5,000 for bail, while two power corp staff took Rs 30,000 to alter a bill. Read the full details.
Fugitive businessman Vijay Mallya has requested the appointment of a retired Supreme Court judge to investigate claims of recovery made against him by banks. Read the latest developments.
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.
Former NBA champion Rick Fox announces candidacy for Bahamas parliamentary seat, bringing transparency pledge amid nation's hurricane recovery and migration challenges. Read his bold vision!