Tuesday, 9 August, 2022
TopicDebt

Topic: Debt

‘Beheading warning, crypto debt, body cut’: Suicide theory cuts no ice with Bhopal student family

Nishank Rathore, 20, was found dead on railway tracks soon after a post about 'beheading' as punishment for insulting Prophet appeared on his Instagram profile. Police deny foul play.

Tame subsidies, hike fees for govt services — Centre’s tips to states to slash deficit

At a meeting with chief secretaries of states, Union Finance Secretary T.V. Somanathan made a presentation that highlighted a worrying rise in debt in some states.

Hospitals without doctors, power cuts: In Punjab’s ‘messed-up’ finances, AAP’s big budget test

Punjab's finances the biggest challenge facing the AAP govt about to table its first budget. ‘Increasing revenue without imposing new taxes’ priority, says finance minister Cheema.

How Pakistan economy was in fast lane for 30 yrs but its engine kept overheating with debt

PM Shehbaz Sharif said that a life of debt is no life. But a look at the history of Pakistan’s loans suggests his predecessors perhaps lacked economic wisdom.

World’s $300 trillion in debt. Here’s what it means for services like health, education

To meet debt payments, at least 100 countries will have to reduce spending on essential services, the IMF estimates.

Sri Lanka shows how things go wrong when crank theories become official policy

As is common in populist regimes, critics objecting to elevation of crank theories to official policy were painted as foreign agents or nattering nabobs of negativity.

Why Punjab, Bihar, Rajasthan, Andhra, UP must learn from Sri Lanka, cut debt and freebies

At 53% in 2021-22, Punjab has worst debt-to-GSDP ratio. CAG data shows UP’s interest payments have grown by 6% in 5 years. Andhra’s outstanding debt hit Rs 3.89 lakh crore in 2021-22.

Future Retail isn’t in a position to meet Rs 3,500 crore debt deadline

Having already missed a 31 December deadline to lenders, Future has until the end of this month to come up with the money for the debt. But insiders say it won’t be able to do so.

A loan to repay a loan? PaySense is the best guide to show how to do it right

Keeping track of multiple EMI dates every month can be a bother. There is a simple solution: debt consolidation using a personal loan.

Not just farmer suicides, let’s talk about rural debt due to government policies

Campus Voice is an initiative by ThePrint where young Indians get an opportunity to express their opinions on a prevalent issue.

On Camera

YourTurn

Representational image | Indian Navy/Facebook

Tale of two ships – How Delhi is asserting Indianness of the Indian Ocean to China

A US Navy ship docked in an Indian port for the first time. And a Chinese ship couldn’t in Sri Lanka. New Delhi is finally pulling strings.
Representational image | Rupixen/Unsplash

‘We are cracking down’— how Modi govt plans to make it tougher for states to fund freebies

The Narendra Modi government is looking at ways to check states’ spending on handouts like free electricity and rations. The first step is to tighten the noose on state borrowings.

Defence

Representational image | Indian Army soldiers during the Army Day Parade at Cariappa Parade Ground in New Delhi | ANI Photo

Army looks to reduce troops by 2 lakh, deployment in Kashmir could be rejigged

The Army, which faces a shortage of about 1.35 lakh personnel, is aiming to reduce its strength from 12.8 lakh to around 10.8 lakh.

In Kashmir 3 years on, 3 positive changes, 3 things that should’ve happened & 3 that got worse

Kashmir as a crisis has fallen off our headlines and from the top of our collective minds. Which is precisely the most important change for the better.
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