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US BORROWERS DEBT RELIEF
Data centre operator CyrusOne plans potential 2027 IPO, banks pitch for roles, sources sayThe private equity firms met investment banks including Goldman Sachs and Morgan Stanley last week and the banks pitched for roles on the...10 Aug, 2026, 04.29 PM IST- MP family gets response from UK debt office on Rs 35,000 loan given to British Empire during WWI in 1917; how much is it worth today, 109 years later?MP Man UK War Loan Claim: A 109-year-old war loan certificate has prompted an Indian family's renewed inquiry into a 1917 loan. The UK's De...10 Aug, 2026, 12.51 PM IST
- CA warns how 'no-cost EMIs' is keeping Indian middle class broke: ‘If you have to borrow for 36 months, you cannot afford it’CA Nitin Kaushik warns that “no cost EMIs” can leave India’s middle class financially stretched by encouraging lifestyle upgrades through d...10 Aug, 2026, 08.01 AM IST
- Indian middle class going 'broke' due to common spending trap: CA warns about financial habit that drains even future wealthThe Indian middle class may be facing a financial problem that is easy to miss while incomes and spending continue to rise. A CA has now po...09 Aug, 2026, 08.37 PM IST
- Student debt: Nearly 450,000 US borrowers set for relief under $23 billion settlement; check eligibility, forgiveness amount, application process and moreNearly two hundred thousand more student loan borrowers will have federal debt forgiven. This follows a federal appeals court decision reje...09 Aug, 2026, 05.41 PM IST
- India may rationalise most customs tariffs by Budget 2027-28, Nirmala Sitharaman saysIndia's finance minister announced plans to streamline customs tariffs, aiming for a significant overhaul by the fiscal year 2027-28. This ...08 Aug, 2026, 10.10 PM IST
- Snap co-founder Evan Spiegel and Miranda Kerr donate millions to erase $550 million in medical debt for 261,000 Californians, following Jeff Bezos' ex-wife MacKenzie Scott’s modelEvan Spiegel and Miranda Kerr have donated millions to erase $550 million in medical debt for more than 261,000 Californians. The initiativ...08 Aug, 2026, 07.46 PM IST
- ICICI Bank, Axis Bank tap dollar debt again in less than two months: ReportICICI Bank and Axis Bank have returned to the U.S. dollar debt market, each looking to raise $300 million through upcoming bond issues, set...07 Aug, 2026, 04.13 PM IST
- Mortgage rates hit highest level in over a year. Here's what it means for homebuyers in the USUS mortgage rates have climbed for five consecutive weeks, reaching a yearly high. This trend makes homeownership increasingly difficult fo...07 Aug, 2026, 12.14 AM IST
- Capex push has revived private investment as India advances towards Viksit Bharat: Nirmala SitharamanFinance Minister Nirmala Sitharaman outlined Viksit Bharat's vision for a developed nation. She stated that 2047 is an immediate national h...06 Aug, 2026, 10.03 PM IST
- Somebody will disrupt the market! Why JPMorgan CEO Jamie Dimon is raising alarm over high leverageJPMorgan CEO Jamie Dimon warned that elevated market leverage and hidden borrowing could amplify volatility, increasing the risk of sudden ...06 Aug, 2026, 12.02 PM IST
- Novelis targets debt reduction as it aims to bring leverage below 4xBy fiscal year-end, Novelis expects its net leverage ratio to fall beneath four times, as they wind down their peak capital expenditure eff...05 Aug, 2026, 11.48 PM IST
- US Treasury keeps coupon auction sizes steadyThe US Treasury has announced it will keep its issuance of both coupon and floating-rate notes consistent for the upcoming quarters. This s...05 Aug, 2026, 09.08 PM IST
- US Stock Market: Treasury sees higher Q3 borrowing needs as cash flow outlook weakensThe US Treasury anticipates borrowing $739 billion in the third quarter. This borrowing estimate reflects lower cash flows and a stronger o...04 Aug, 2026, 10.26 AM IST
- Indian banks' new hunt for diaspora dollars pumps up loans marketsIndian banks are raising significant dollar funds offshore to boost foreign currency deposits. Global banks are actively arranging these do...04 Aug, 2026, 09.30 AM IST
- Australian library gets 1858 book 'Antiquities of Athens' back 150 years late with a staggering $19,500 fine but there’s one big problem: nobody knows who borrowed itA rare 1858 book has finally returned to an Australian library after an estimated 150 years, but its mystery borrower cannot be found. The ...04 Aug, 2026, 12.48 AM IST
- Czech proverb of the day: 'Nothing seems expensive when it is bought on credit'; life lessons on the dangers of overspending from popular sayingRelying on credit cards can certainly create an illusion of abundance and prosperity. However, a popular Czech proverb highlights how depen...02 Aug, 2026, 04.23 PM IST
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