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.
Gujarat's GST collection grew 9% to Rs 52,390 crore in April-November FY26. November saw Rs 6,723 crore GST, with enforcement revenue surging 61.7%. Read the full state tax report.
Defending champion B Bhaskar defeated rival IH Manudev 4-0 to win his 25th Karnataka State ranking billiards title in Bengaluru. Read about his commanding victory and comeback journey.
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.
Tom Brady shares raw Michigan football memories, revealing emotional Ohio State jersey bet and his powerful message about embracing pressure and toughness in rivalry games.
Leader of Opposition Jairam Thakur criticizes Himachal Pradesh's Congress government for unprecedented debt and taxes, hindering disaster recovery. Discover the full story.
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.
Explore India's fascinating state animals with this engaging guide for children. Learn about wildlife conservation and biodiversity while discovering each state's unique animal symbol.
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 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.
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.
Discover the crucial factors to consider before investing in hybrid mutual funds. Learn about asset allocation, risk assessment, and investment goals for better returns.
Punjab CM Bhagwant Mann asserts state's rights over water resources at Northern Zonal Council meeting. Read about the key discussions and decisions.
Goldman Sachs and Deutsche Bank forced to absorb $500M after failed loan syndication for Allwyn's PrizePicks acquisition. Discover how credit markets turned cautious.
Foreign portfolio investment in Indian corporate bonds reaches $1.5 billion in Q1 2024. Explore key trends, regulatory changes, and future outlook for investors.
Discover what liquid funds are, their purpose in mutual fund portfolios, benefits for short-term investing, and how they differ from savings accounts. Learn more!
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.
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.
Massive AI data center investments reaching $1.8 trillion are testing credit markets. Experts warn of parallels with historical busts. Will history repeat?
Cash-strapped Himachal Pradesh government secures Rs 300 crore loan through RBI auction for development projects as state debt crosses Rs 1 lakh crore mark. Details inside.
Hundreds of farmers and laborers from Amritsar depart for Shambhu border, demanding MSP guarantee and debt waiver. Follow live updates on the renewed protest movement.
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.
The AI revolution faces a $1.5 trillion funding gap. Discover how life insurance companies, fueled by retirement savings, are becoming key lenders to tech giants.
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.
Tata Power's Q2FY26 earnings show modest 7% EBITDA growth despite renewable energy surge, as Mundra plant shutdown since July clouds near-term prospects. Stock remains flat.