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Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...
Around 400 workers from India, Bangladesh accuse Singapore firms of unpaid wagesHundreds of migrant workers, primarily from India and Bangladesh, are alleging non-payment of wages by two Singapore-registered firms. Inve...
When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...
Default clouds hover over microfinance as industry flags weak monsoonIn the evolving world of India's microfinance sector, fresh credit risks are emerging on the horizon. The dual challenges of an unsteady mo...
Risks cloud hover over microfinanceThe Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
Kerala's liabilities top Rs 5 lakh crore; pending dues near Rs 49,000 croreKerala faces a severe fiscal challenge. Total outstanding liabilities have surpassed Rs 5.07 lakh crore. Unpaid dues and deferred payments ...
Harvard MBA but no job: How this Indian techie eventually landed at Google with visa clock ticking downAn Indian graduate from Harvard Business School, Abhijay Vuyyuru, shares his difficult job search. He graduated without an offer and faced ...
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
MFI portfolio dips 9 pc in April on private banks' cautious stance: ReportIn what can bring some cheer to the industry battling a host of challenges on asset quality for over a year, assets unpaid for over 30 days...
Delinquency vs default: Know the difference and how they affect your credit score and borrowing abilityIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
Car, two-wheeler loan originations fall in Q4 after GST-cut; gold loans zoom: ReportAuto and two-wheeler loan originations saw a significant drop in Q4 FY26 after a December quarter surge, with auto loans declining 11.6% an...
Ancestors borrowed money once… their children, grandchildren & great-grandchildren paid price for 130 years, until stranger arrived as saviour. Emotional videoPakistan bonded labour: A Pakistani family has been freed from nearly 130 years of bonded labour. Humanitarian Aaron Hutchings facilitated ...
25-year-old earning ₹1L/month asked to take ₹92 lakh loan for parents’ property deal; family expects flat value to soar in 5 years; sparks debt trap concernsA 25-year-old earning ₹1 lakh a month has sparked debate online after revealing how his parents want him to become the primary borrower for...
Over-leveraged borrowers put Rs 15,800 crore microfinance portfolio at riskMicrofinance has become a double-edged sword, with substantial debt levels amassing to about ₹15,800 crore among borrowers juggling multipl...
Euphoria Season 3 Episode 3 Ending: What’s next for Cassie? Can fans expect more bold, scandalous OnlyFans scenes by Sydney Sweeney after ‘wedding nightmare’?Euphoria Season 3 Episode 3 Ending explained: The episode builds toward the long-anticipated wedding of Cassie and Nate, a lavish spectacle...
Asked to work beyond office hours? Know your rights under new Labour CodeIndian employees are often verbally instructed to work beyond mandated hours, a practice normalized but not legal. While the new Labour Cod...
CIBIL score on BHIM app: Steps, limits, and dispute process you should knowChecking your CIBIL score is now easier. The BHIM App, developed by NPCI BHIM Services Limited, has integrated TransUnion CIBIL's consumer ...
ED flags Rs 11,600 crore 'proceeds of crime' in RHFL, RCFL probeThe Enforcement Directorate has alleged over ₹11,600 crore as proceeds of crime in a money laundering probe involving Reliance Home Finance...