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Debt

Himachal Pradesh: Sukhu govt announces big pay hike for CM, ministers and MLAs, even former MLAs, while public bears burden of state debt

The salaries of the Chief Minister, ministers, and all MLAs have been increased by about 25%. This comes at a time when the state is struggling with a massive financial crisis, and many are asking if this was the right time for such a move.

TMC MP Saket Gokhale claims Modi govt borrowed ₹8 lakh crores from foreign banks in 7 years, hides crucial details from reply to his...

However, these loans were not taken only by the Central government but also by various state governments.

Bengaluru: 24-year-old reel-addict tenant strangles landlady to death to clear Rs 8 lakh debt, loots her gold chain

Monika stealthily approached Divya in the kitchen and strangled her to death before snatching her 36-gram gold chain.

Maldives: President Mohamed Muizzu, who earlier led ‘India Out’ campaign, now pleads Modi govt for debt relief

President Muizzu stated that India will continue to remain the Maldives' "closest ally" and emphasized that there was no question about it.

‘Skyrocketing public debt’: Maldives at ‘high risk’ of external and overall debt distress, says IMF

"Without significant policy changes, the overall fiscal deficits and public debt are projected to stay elevated, and the Maldives remains at high risk of external and overall debt distress", the IMF stated in its report.

Punjab CM Bhagwant Mann engrosses himself in hosting Arvind Kejriwal and leasing a new aircraft as the state’s debt crisis worsens

Punjab is in the midst of a dire economic crisis, with its debt to GSDP ratio is highest among states, and has breached the 50 per cent mark.

US think tank: Pakistan needs to pay $77.5 billion in external debt; risk of default ‘real’

Pakistan needs to repay a massive USD 77.5 billion in external debt from April 2023 to June 2026.

Gautam Adani plans to sell stake in Ambuja cement for $450 mn to reduce debt: Report

Gautam Adani plans to divest shares of Ambuja Cement to raise roughly $450 mn and reduce debts on the group.

Sri Lanka postpones school exams as the country ran out of paper and has no foreign exchange to import

Sri Lanka postpones school exams in western province as they don't have papers to print the question papers

China’s debt-trap diplomacy? BRI participant countries owe over 385 billion USD to China in hidden debt, study reveals

China has been using "debt-trap diplomacy" to wield outsize influence on borrowing countries and coerce them into coughing up physical and illegal assets.

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