Goa Nightclub Fire Kills 4, Heroic Husband Saves Wife
A family holiday in Goa ended in tragedy as a fire at Birch by Romeo Lane nightclub claimed four lives. Read about the heroic sacrifice and the devastating aftermath.
Category : Search result: business debt tragedy
GBA's Premium FAR in Bengaluru Eyes Rs 2,000 Cr Revenue
The Global Business Association opens its premium FAR facility in Bengaluru, targeting Rs 2,000 crore in annual revenue and creating over 10,000 jobs. A major boost for Karnataka's economy.
Nainital Businessman, Wife Found Dead in Home
A 65-year-old businessman and his 50-year-old wife were found dead in their Nainital home. Police suspect suicide due to severe financial difficulties. Investigation ongoing.
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.
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.
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
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.
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.
Pan Masala Owner's Daughter-in-Law Dies by Suicide in Delhi
The daughter-in-law of a prominent pan masala company owner died by suicide in South Delhi's upscale Chhatarpur area. Police investigation underway.
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.
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.
Godhra family dies in fire before engagement trip
A family of four in Godhra tragically died in a house fire hours before traveling for their son's engagement. Read the full details of the devastating incident.
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.
BlackSoil Plans 50% Growth After Caspian Debt Merger
BlackSoil Capital accelerates MSME lending post-merger with Caspian Debt, targeting 50% growth and doubled profits while maintaining 1.5% NPAs. Read how they're transforming small business financing.
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.
Largest Indian Business Delegation Heads to Israel
Israel prepares to host its largest-ever Indian business delegation in May 2023, strengthening economic ties between the two nations. Discover the sectors involved.
18 Hyderabad Family Members Die in Saudi Bus Crash
Heartbreaking tragedy strikes Hyderabad family as 18 members across three generations perish in Saudi Arabia bus accident. Read the full story.
Haryana PHDCCI She Forum Celebrates Women Entrepreneurs
PHDCCI She Forum Haryana organized an inspiring session celebrating women entrepreneurs in Gurugram. Learn about the initiatives driving women's economic empowerment.
Murugappa's Arunachalam Vellayan passes away at 72
Arunachalam Vellayan, former Murugappa Group chairman, dies in Chennai at 72. Remembered for strategic leadership that doubled Group revenue and built lasting institutions.
LIT Pro Foco Honored with Rajasthan Radiance Award 2025
LIT Pro Foco receives prestigious Rajasthan Radiance Award 2025 for outstanding innovation and business excellence. Discover their remarkable journey to success!
Nomura Investigates India Fixed-Income Business
Nomura Holdings investigates potential profit inflation in its India fixed-income business. The probe focuses on Strips valuation practices in India's $1.3 trillion sovereign debt market. Read details.
Indian Small Businesses Embrace AI for Efficiency
Discover how Indian small businesses are using AI tools like ChatGPT and Gemini to automate tasks, reduce costs, and improve operations without hiring additional staff.
Diviseema Business Fables: Business Basics for Children
Hari Paruchuri and Sudhakar Rao's new book teaches business fundamentals to kids through engaging stories. Discover how this book makes entrepreneurship accessible to young minds.
Indo-US Business Summit Held in Lucknow
Key ministers and business leaders gather at Indo-US Business Summit in Lucknow to discuss AI, investment opportunities, and economic growth in Uttar Pradesh.
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.
China's Household Debt Crisis Impacts 83 Million People
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 Surge: Debt Trap or Financial Tool?
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.
AP Gateway to Global Markets: CM Naidu to Europe
Andhra Pradesh CM Chandrababu Naidu invites European businesses, highlighting unprecedented ease of doing business. Discover investment opportunities in India's rising state.
Haryana Boosts Ease of Doing Business with Reforms
Haryana implements major reforms to accelerate ease of doing business, including single-window clearance and self-certification. Discover how these changes benefit entrepreneurs.
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