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Debt News
Robert Kiyosaki
05 Jan 2024
Robert Kiyosaki, 'Rich Dad, Poor Dad' Author Is Under $1.2 Billion Debt
In the "Disruptors" podcast, Kiyosaki openly acknowledged being in a billion-dollar debt.
Belt and Road Initiative
08 Nov 2023
China’s Debt Trap Diplomacy: How China Is Leveraging Debt As Strategic Weapon
The financial China leverages, is seen in the context of China's Belt and Road Initiative, often raising concerns of debt trap diplomacy.
Budget 2023
31 Jan 2023
Budget 23 Should Focus on Falling Imports, Impact of Slowdown: Chidambaram
P Chidambaram on Monday says budget should focus on addressing issues like the impact of the global slowdown on economic growth, and falling exports. He further says that it must also focus on increase in the current account deficit (CAD) and mounting total government debt. The Union budget is scheduled to be tabled on February 1.
China
22 Oct 2022
China may seize Kenyan assets, external debt reaches more than USD 36.billion
China can seize Kenyan assets as it is near default Since 2014, Kenya has been taking huge loans from China Kenya`s external debt reached USD 36.4 billion in June 2022
crime
03 Oct 2022
Karnataka: Teen boy made to worship without clothes to 'clear father's debt'
Karnataka Police registered an FIR against three persons for forcing a 16-year-old boy to perform worship naked The accused allegedly video graphed the act and shared it on social media, making it viral The Koppal Rural Police have registered the case and are investigating the matter
money (quotation subject)
29 Aug 2022
ICICI Bank launches new credit card, will get free insurance of 2 lakhs and these benefits
ICICI RuPay Credit Cards: Sudipta Roy, the credit card head of ICICI Bank while launching this card said that we have always given priority to the convenience of the customers.
Pakistan
22 Dec 2021
Pakistan Railways in a horrific mess: Driver stopping train for curd to debts
Pakistan Railways is under 1.17 trillion PKR debts Drive stopping train for buying curd brings puts railways in a negative light 57 trains have been shut down recently
Pakistan
20 Dec 2021
Pakistan: Debt-ridden Pakistan's condition is getting worse
Pakistan's Prime Minister Imran Khan's troubles are increasing. Pakistan is drowning in debt and inflation is also at its peak.
DNA Video
25 Nov 2021
DNA: State Bank of Pakistan releases country's debt data
The State Bank of Pakistan has released the debt data till September 2021. According to statistics, at present, Pakistan has a debt of more than 50 lakh crores and during the era of Imran Khan, the country's debt has increased by 70 percent.
Punjab
15 Nov 2021
Punjab is the most indebted state, taxes should be used for development: Sidhu
Taxes should not go to settle debt but go back to people in the form of development: Sidhu Sidhu said, financial accountability and transparency are the pillars of the Punjab model
China
03 Nov 2021
'Buy now, pay later': 87% of young Chinese are debt-ridden, says report
Chines in the age group 18-32 are prone to buying luxury products The youngsters focus more on better experiences
OYO
16 Jul 2021
OYO raises $660 million in debt to revive from pandemic blows
The offer was oversubscribed by 1.7 times. The company received commitments of close to $1 billion from leading institutional investors. The interest margin rate was also lowered by 25 basis points.
Coronavirus
08 Nov 2020
Higher processing fee, interest: How banks are making money amid COVID-19
Amid the coronavirus outbreak, private and public banks are looking for new ways to make money. From convenience fee on recycler machines to processing fee, banks are not letting go any chance to make money. Few days ago, ICICI Bank started charging a convenience fee from its customers if they deposit cash in recycler machines.
Pakistan
01 Oct 2018
Pakistan cuts Chinese 'Silk Road' rail project by $2 billion
Islamabad has cut the size of the biggest Chinese “Silk Road” project in Pakistan by $2 billion, Railways Minister Sheikh Rasheed said on Monday, citing government concerns about the country’s debt levels.
Air India
22 Aug 2018
Plan to transfer Air India debt, non-core assets to SPV: Official
The Central government plans to transfer the debt and non-core assets of the financially-strained national passenger carrier Air India to a special purpose vehicle (SPV), a senior Finance Ministry official said on Tuesday.
Texas
26 Aug 2017
Hurricane Harvey may add to debt woes of US flood insurance program
The only source of flood insurance for most Americans, it will be in place for homeowners and businesses in Harvey`s path along the central Texas coast.
India tax base
01 Jun 2017
Reform measures to broaden tax base, cut debt: Moody's
Reform measures undertaken by India will broaden its tax base and help government cut down on debt, but high stressed assets in the banking sector pose contingent liability risks.
FPI
21 May 2017
FPIs stay bullish on India, pump in $2 billion in May
Overseas investors have pumped in more than USD 2 billion so far in the country's capital market this month, helped by stable outlook for the rupee.
FPI
25 Dec 2016
FPIs withdraw $3.5 billion from capital markets in December
A massive $3.5 billion was withdrawn from capital market in December following rate hike by the US Federal Reserve.
funds
20 Nov 2016
Fund mop-up via QIP plunges 78% to Rs 2,818 crore in first six months of the current fiscal
Fund raising by listed companies from institutional investors plunged by 78 percent to Rs 2,818 crore in the first six months of the current fiscal.
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