debt
- News
Telangana: Man arrested for killing a women over unpaid debt
Hyderabad: The officials apprehended a man on Saturday, April 7, for allegedly killing a woman on the outskirts of Sanghiguda village as she pressured him to pay his debt. A missing person…
- India
Congress leader Priyanka Gandhi slams govt over ‘rising debt’
New Delhi: Congress leader Priyanka Gandhi Vadra slammed the BJP-led Centre on Saturday over its proposal to borrow more than Rs 14 lakh crore, asking why is the government “drowning the people…
- India
FPIs see steady growth in debt investment
New Delhi: Foreign portfolio investment (FPI) in India this fiscal has seen steady growth in debt investment in sharp contrast to the volatile equity investment, V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial…
- Business
Most firms globally reported 55 pc or more of legacy tech debt in 2023
New Delhi: About three-quarters of companies globally reported 55 per cent or more of legacy tech debt in the last year, a new report showed on Wednesday. According to the global IT…
- World
Maldives remains at high risk of debt distress, warns IMF
New Delhi: Without significant policy changes, the overall fiscal deficits and public debt are projected to stay elevated in the Maldives, even as the South Asian nation remains at high risk of…
- Business
Fintech firm Bright Money raises $62 mn in equity, debt round
Bengaluru: Consumer fintech company Bright Money on Wednesday announced it has raised $62 million in an equity and debt round. The funding includes $50 million in debt from Encina Lender Finance and…
- Bollywood
Sonu Sood helps 65-year-old from Bihar to clear Rs 12 lakh debt
Mumbai: Bollywood actor and humanitarian Sonu Sood helped a 65-year-old man from Bihar to help him clear his debts. The man named Khilanand Jha travelled all the way to Mumbai only to…
- Pakistan
Debt-trapped Pakistan slashes trade deficit by 43 per cent in FY 23
Islamabad: Cash-strapped Pakistan has slashed its trade deficit by a staggering 43 per cent to USD 27.55 billion in the fiscal year 2023, according to a media report on Wednesday. The government’s…
- Business
Varanium Capital’s Rs 250 cr fund to empower 100 startups in India
New Delhi: Global asset management firm Varanium Capital on Tuesday announced the first close of its maiden venture debt fund worth Rs 250 crore. The fund would provide financing to 100 early…
- Business
Fintech company Lendingkart raises Rs 200 cr from EvolutionX Debt Capital
New Delhi: Fintech company Lendingkart on Tuesday said it has raised Rs 200 crore in long-term debt funding from growth-stage debt financing platform EvolutionX Debt Capital. The company said it will use…
- World
Italy’s public debt exceeds USD 3 trillion for the first time
Rome: The Bank of Italy said that the country’s public debt climbed above $3 trillion in the latest reporting period. In its latest report on Monday, the central bank said that the…
- World
Sri Lanka’s debt restructuring likely to be complete by September: IMF
Colombo: The IMF has expressed hope that Sri Lanka’s debt restructuring process would be completed by September, which is also the time for the global lender’s formal review of the bailout facility…
- Business
Adani Group prepays debt worth Rs 7,374 crore
Chennai: The Adani Group on Tuesday said debts, backed by the shares of listed companies, have been prepaid to the tune of Rs 7,374 crore (approx $902 million). The embattled group said…
- India
Every Indian citizen is burdened with Rs 1.16 lakh debt
Hyderabad: Every citizen of the country has a debt of Rs 1.16 lakh. You will wonder how this is possible, but this is true. The central government has so far availed a…