Debts
- Telangana
Telangana’s outstanding public debts to touch Rs 3.30 lakh crore
Hyderabad: Telangana’s outstanding public debt is set to touch Rs 3.30 lakh crore during 2022-23. The state budget presented in the Assembly on Monday reveals that the public debt will mount to…
- India
61-year-old man makes bus shelter his residence after debts forced him to sell home
Chennai: In a tragic case of plummeting fortunes, a 61-year-old person, Madasami had to take refuge in a bus stand after he sold off his home due to mounting debts which he…
- Business
OYO raises $660M through debt funding
New Delhi: OYO on Friday announced that it has raised a TLB (Term Loan B) funding of $660 million from global institutional investors. A company statement said that the offer was oversubscribed…
- Hyderabad
Hyderabad couple tries selling kidneys to clear debts, duped of Rs 40L
Hyderabad: A couple from Hyderabad looking to sell their kidneys to pay off huge debts, was duped of Rs 40 lakh by an international gang of Cyber fraudsters, police said. The fraudsters,…
- Delhi
28-year-old man fakes own abduction to pay off debts in Delhi
New Delhi: A 28-year-old Delhi resident staged his own abduction to extort Rs 25 lakh from his parents to pay off his debts and went into hiding in Uttarakhand’s Rishikesh, police said…
- World
China reluctant to clear USD 6 billion loan for CPEC project
Islamabad: China has shown reluctance to clear a USD 6 billion loan for the single largest project under the China-Pakistan Economic Corridor (CPEC) due to the growing concern over mounting debt. The…
- World
China’s ambitious BRI project hindered by COVID-19, failure to pay debts
Beijing: China’s ambitious Belt and Road Initiative (BRI) has been greatly affected by the COVID-19 pandemic, with Beijing quietly scaling back the project, particularly in the emerging markets of Africa, due to…
- Business
IL&FS Board expects to address over Rs 57,000 cr debt
New Delhi: Crisis-hit IL&FS Group expects to address debt of about Rs 57,240 crore out of the total liability of over Rs 99,000 crore. The revised estimate is well above the 50 per…
- Andhra Pradesh
Andhra Pradesh: Farmer commits suicide by hanging self from tree
Srikakulam: A farmer has committed suicide in Mandasa village of Srikakulam district on Thursday after allegedly failing to repay debts. According to officials, the farmer, Konde Danaiah, committed suicide by hanging himself…
