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Saturday, November 2, 2024
TopicFinancial debt

Topic: Financial debt

How AAP govt’s subsidies and freebies have led Punjab deeper into debt trap

Punjab has sought a bailout package. Analysts say Punjab not entirely wrong in blaming Centre, but state must also put its own house in order, rationalise subsidies & spend judiciously.

Sri Lanka’s newly appointed PM to double up as finance minister to lead debt talks

Wickremesinghe has held talks with foreign envoys and discussed ways to replenish food, fertilizer & medicine supplies. Sri Lanka needs $4 billion over next 8 months to pay for essential imports.

A payment before end of contract can boost poor worker’s productivity by 13%, study shows

Researchers from UC Berkeley, MIT, Chicago Booth and France conducted a field experiment in Odisha to find that workers carry their mental burdens to work.

Financial bailouts must be for struggling businesses to preserve jobs, not repay old debts

The Indian govt & the RBI launched many schemes to ensure availability of credit during Covid, but financial institutions are still cautious about new lending.

Pivot of China’s new silk road, Gwadar port has hit a bump in slow internet

In a landmark judgment, the Supreme Court has recognised and given sanction to passive euthanasia and "living will"

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.