debt
- 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…
- Telangana
Telangana’s debt up by 11 pc in a year, but it’s still among bottom 5 borrowers
Hyderabad: Telangana’s outstanding public debts are set to touch Rs 3.57 lakh crore in 2023-24, a jump of about 11 per cent over the previous year while the overall debt burden, including…
- 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…
- Middle East
Turkish govt proposes bill to ease debt burden of citizens
Ankara: The Turkish government will introduce a draft bill to ease the debt burden of millions of its citizens, Finance Minister Nureddin Nebati announced. The bill will exempt the penalties for tax…
- India
Debt per Indian increased by 2.53 times in 9 years of Modi govt: Congress
New Delhi: The Congress alleged on Sunday that debt, unemployment and inequality have risen in the country under the Narendra Modi government and the debt on every Indian has increased by 2.53…
- Business
US could default on its debt as soon as June
Washington: The US Treasury Department said the country could default on its debt as soon as June. The US will reach the debt limit on January 19 on January 19 and then…
- Business
CarDekho to infuse $100 mn in its fintech subsidiary Rupyy
New Delhi: IPO-Bound car search platform CarDekho Group on Monday said it aims to infuse $100 million in its Fintech entity called Rupyy in a mix of debt and equity. Rupyy crossed…
- India
India’s debt ratio projected to be 84 per cent of its GDP: IMF
Washington: India’s debt ratio is projected to be 84 per cent of its GDP by the end of 2022, which is higher than many emerging economies, but its debt is a little…
- World
Germany’s public debt rises again
Berlin: Germany’s public debt increased by 25 billion euros ($24 billion) in the second quarter (Q2) of 2022 to 2.34 trillion euros, the Federal Statistical Office (Destatis) has said. While government debt…
