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LOAN REPAYMENT CRISIS
From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
FM Sitharaman says Government open to hear investor concerns on LTCG, STCG taxationFinance Minister Nirmala Sitharaman has indicated the government is ready to listen to stock market investors. Concerns regarding Long-Term...
What happens when investors stop SIPs during crises–real investors, real panic, and the real cost of walking awayFrom a cancer diagnosis in Kolkata to a layoff in Bengaluru to Covid panic in Agra—real investors, real crises, and the real cost of walkin...
Govt's credit guarantee to reduce MSME bad loan risks for banksThe government's Emergency Credit Line Guarantee Scheme 5.0 is set to bolster micro, small, and medium enterprises. Experts believe this in...
Why CEA Anantha Nageswaran says India is facing a ‘Live Balance of Payments Stress Test’India faces significant external sector challenges due to rising oil prices, foreign investor exits, and a weakening rupee. Chief Economic ...
EXIM Bank eyes 10% jump in loan book in FY27 despite West Asia tensionsExport-Import Bank of India expects its loan book to grow 10% in FY27 despite geopolitical tensions in West Asia, according to Managing Dir...
Criminal breach of trust case registered against ex-Yes Bank CEO Rana Kapoor, othersMumbai Police have filed a case against former Yes Bank MD Rana Kapoor and others. The FIR alleges illegal transfer of mortgaged property w...
'Pakistan bleeding ₹76,000 crore weekly': PM Shehbaz Sharif raises alarm over soaring oil import bill amid deepening debt woesPakistan Oil Import Bill: Pakistan Prime Minister Shehbaz Sharif said the US-Iran conflict has dealt a major blow to the country's economy,...
Digital lenders put small business on watch listDigital lenders are becoming cautious about loans to small businesses like restaurants and petrol pumps. This move follows disruptions in W...
Sri Lanka seeks investors for loss-making Mattala airport built with Chinese loansSri Lanka is seeking investors for Mattala Rajapaksa International Airport. The airport has been a financial drain since opening in 2013. A...
Rs 25L loan, Rs 3L bonus: CA says don’t prepay your home loan yet and recommends 3 things insteadA chartered accountant's advice challenges the common instinct to immediately prepay home loans with bonuses. Instead, building an emergenc...
For a few billion dollars, Pakistan has landed in dire straitsPakistan is facing big economic stress after the UAE has demanded repayment of a multibillion-dollar deposit. This has strained the country...
'Dubai may become part of Akhand Bharat': Pakistan Senator Mushahid Hussain after UAE demands $3.5 billion loan repaymentPakistan Senator Mushahid Hussain has cautioned the United Arab Emirates. He warned about the UAE's growing relationship with India. Hussai...
Student loan borrowers will have fewer repayment options as Senate passes big changes, millions likely to be impactedThe US Senate passed the "One Big Beautiful bill," impacting higher education significantly. The legislation revamps student loan repayment...
Trump’s plan to dismantle the Department of Education raises uncertainty over student loan managementAs President Donald Trump pushes forward with plans to dismantle the Department of Education, questions remain about the future of its fina...
UK 'sleep-walking' into personal debt crisis, warns charity"This report paints a picture of a nation sleep-walking into a debt crisis," Phil Andrew, CEO of debt charity StepChange, said, warning tha...
Stress in rural households and loan defaults create woes for microfinance sector in AssamVarious organisations in the upper part of the northeastern state have joined the chorus seeking an inquiry into the operation of microfina...