• 

  Telangana: CM Revanth Reddy says state borrowed Rs 4,000 crore RBI loan to pay salaries

  March 17, 2025 19:12 IST

  Speaking in the Legislative Council recently, he urged the government employees to cooperate with regard to payment of Dearness Allowance (DA) and others in view of the difficult cash situation though salaries would be paid on the first of every month.

• 

  Gujarat: Three family members die by suicide due to financial struggles, debt pressure

  Gujarat | March 09, 2025 9:23 IST

  The flat was supposed to be sold for Rs 22 lakh, and a man who wanted to buy it had given the family Rs 1 lakh as advance payment, he said.

• 

  SBI report: Govt's FY26 market borrowings well-placed, but alternative funding needed

  Business | February 05, 2025 12:58 IST

  SBI's latest report stated that the govt's FY26 market borrowings are well-structured but highlighted need for alternative funding sources. With Rs 14.8 lakh crore in gross borrowing and a projected rise in total borrowing to Rs 18.7 lakh cr, the report suggested diversifying financial stability.

• 

  Budget 2025: From GDP to fiscal deficit to GST, here are key numbers to be watched

  Budget | January 30, 2025 16:51 IST

  Union Budget 2025: Finance Minister Nirmala Sitharaman to present her 8th consecutive budget. Key updates on fiscal deficit, GDP growth, tax relief for the middle class, capex, and disinvestment targets.

• 

  Top credit card management tips to boost your credit score: Spend smart, stay secure and more

  January 17, 2025 17:41 IST

  Know effective credit card management tips to maintain a healthy credit score. From limiting usage to monitoring your credit report, discover the best practices to avoid debt and secure your financial future.

• 

  Did Michael Jackson owe millions of debt at the time of his death?

  Hollywood | June 30, 2024 11:58 IST

  Michael Jackson, one of the greatest music legends of all time was reportedly in debt at the time of his death. The legendary singer will finally have its biopic and the makers have set the release date. Know more details.

• 

  India extends debt repayment deadline: Maldives Foreign Minister Moosa Zameer

  World | May 12, 2024 22:41 IST

  The foreign ministers of India and the Maldives met in New Delhi for the first time ever since relations between the two neighbouring nations soured. External Affairs Minister Dr S Jaishankar stressed that relations between the two nations are dependent on mutual interests.

• 

  IMF approves disbursal of $1.1 billion loan tranche to cash-strapped Pakistan

  World | April 30, 2024 13:06 IST

  The latest tranche is the third and final part of the $3 billion 'stand-by' arrangement between Pakistan and the IMF which is crucial for the country to counter the rising inflation and debt. The cash-strapped country is reeling under high inflation and debt and is heavily reliant on such packages.

• 

  Pakistan PM Shehbaz Sharif to visit Saudi Arabia today amid dire need of financial support

  World | April 06, 2024 11:42 IST

  Pakistan is battling a severe economic crisis, having narrowly avoided a debt default by securing an IMF bailout package, and has promoted several austerity measures. The cash-strapped country is in dire need of financial support from the global moneylender and allied nations.

• 

  'Still below debt level of 2002,' India terms IMF's latest report 'misconstrued'

  Business | December 23, 2023 8:42 IST

  The finance ministry said that any adverse global shock or extreme event is expected to uni-directionally impact all the economies in an interconnected and globalised world. A cross-country comparison shows that India has done relatively well.

• 

  World Financial Planning Day 2023: 5 expert tips for managing your finances

  October 04, 2023 15:03 IST

  Financial planning is an ongoing process, and expert guidance can tailor solutions to individual needs. Responsible money management is key to securing your financial future and achieving your dreams.

Advertisement
• 

  Central debt increased by 174% between 2013-14 and 2022-23, external debt by 100%: Finance Ministry

  Business | August 14, 2023 8:29 IST

  The government's external debt, which was 374,484 crore in 2013–14, will increase by 100% to 7,48,895 crore in 2022–23.

• 

  Pakistan: Army chief calls for people to 'throw out the begging bowl' over foreign loans

  World | July 25, 2023 9:51 IST

  Pakistan Chief of Army Staff (COAS) General Syed Asim Munir promised that the military would not rest until Pakistan is pulled out of the prevailing economic crisis.

• 

  Banks raise record Rs 91,500 crore in debt capital in FY23 so far: Report

  Business | January 09, 2023 18:50 IST

  Gross bond issuances by banks is estimated to reach Rs 1.3-1. 4 lakh crore this fiscal as debt sales have already hit record high of Rs 0.915 lakh crore, surpassing the previous high of Rs 0.8 lakh crore in FY17, Icra Ratings said.

• 

  IMF provisionally agrees on USD 2.9 billion loan for crisis-hit Sri Lanka

  World | September 01, 2022 12:59 IST

  IMF staff and the Sri Lankan authorities have reached a staff-level agreement to support Sri Lanka’s economic policies with a 48-month arrangement under the Extended Fund Facility (EFF) of about 2.9 billion US dollars.

• 

  China's embattled property giant Evergrande fails to deliver debt restructuring plan

  World | August 04, 2022 12:27 IST

  Evergrande has been at the heart of the country's real estate troubles since last year, and has become China's most indebted developer with $300 billion in liabilities.

• 

  Mixed reaction to RBI article warning signs of stress due to high debt in several states

  Business | June 18, 2022 13:46 IST

  "The recent economic crisis in neighbouring Sri Lanka is a reminder of the critical importance of public debt sustainability. The fiscal conditions among states in India are showing warning signs of building stress," it had said.

• 

  India extends duration of USD 400 mn currency swap facility with Sri Lanka

  World | April 22, 2022 17:15 IST

  This was the first extension of an international debt instrument to Sri Lanka after the government led by President Gotabaya Rajapaksa on April 12 temporarily suspended debt servicing.

• 

  Russia-Ukraine war: Moscow makes debt payment in rubles, move that could result in historic default

  World | April 07, 2022 23:27 IST

  The Ministry of Finance said in a statement that it tried to make a $649 million payment toward two bonds to an unnamed U.S. bank — previously reported as JPMorgan Chase — but that payment was not accepted because new U.S. sanctions prohibit Russia from using U.S. banks to pay its debts.

• 

  US debt default could trigger another recession: Reports

  World | October 05, 2021 18:15 IST

  As per reports, Treasury Secretary Janet Yellen believes the economy may fall into a recession if Congress fails to address the borrowing limit before an unprecedented default on the U.S. debt.