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Fishing Kept Them Afloat For 700 Years. Now They Are Drowning In Debt
For nearly seven centuries, the Koli community in Mumbai has been making its subsistence from fishing, the Arabian Sea offering an abundance of piscine riches to enable it to do so. Today, however, the Kolis are having to venture farther and farther
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'Farm Of The Future': How AI Is Helping Sugarcane Farmers In Maharashtra
For centuries, unpredictability has been the bane of a farmer's existence, with too little or too much rain, pests and disease all threatening to destroy crops, pushing him into debt and, in some cases, even driving him to suicide. How AI is helping.
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Why China Remains Undeterred About Opening Up Its Economy
The country's economy, the world's second-largest, has struggled to recover from the Covid-19 pandemic, facing challenges like a debt crisis in the housing sector, low consumption, and high youth unemployment.
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A Body In Burnt Car Leads Cops To Gujarat Hotelier's Grisly Plan To Clear Debts
A debt-ridden hotelier in Gujarat's Banaskantha district faked his death in a car accident to claim life insurance worth Rs 1.26 crore. The meticulous plan, however, was foiled by the police. Dalpat Singh Parmar is on the run
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Chinese Tricksters Take Cue From Squid Game To Prey On The Indebted
In China's take on Squid Game, fraudsters are preying on the financially distressed in a slumping economy with promises of prize money, debt restructuring and other schemes that are not always what is promised.
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Telegram Profitable for First Time After App Pays Down Debts
The milestone comes as the messaging service faces increasing scrutiny for aiding the spread of misinformation and illegal content such as child sexual abuse materials.
-
"Go Ahead": What Arun Jaitley Told Raghuram Rajan About Tackling Bad Loans
Corruption and delayed planning permits, or land and environmental clearances, contributed to the build-up of non-performing assets - post the global financial crisis - on Indian banks' books, former Reserve Bank chief Raghuram Rajan said.
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Airtel Prepays Rs 3,626 Crore To Centre, Clears Dues For 2016 Spectrum Purchase
Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecom to clear all its liabilities for spectrum it had acquired in 2016, the company said on Thursday.
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Vijay Mallya To "Dearest Friend" Lalit Modi On X: "We've Been Wronged"
Fugitive billiionaires Vijay Mallya and Lalit Modi shared a moment of bonhomie over the Enforcement Directorate's Rs 14,000 debt recovery from the Kingfisher tycoon.
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"Entitled To Relief": Vijay Mallya On Banks Recovering Rs 14,131 Crore Assets
Fugitive businessman Vijay Mallya said that banks have recovered Rs 14,131.60 crore from him "against the judgement debt of Rs 6,203 crore" but he continues to be "an economic offender".
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15,000 Crore Of Vijay Mallya, Nirav Modi's Assets Restored To Banks: Centre
Properties worth Rs 14,131 crore - that once belonged to Vijay Mallya - have been seized and handed to public and private sector banks to pay off a part of the fugitive businessman's substantial debts, Finance Minister Nirmala Sitharaman said.
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4 Adani Group Bonds Rated 'Overweight', JP Morgan Says Liquidity Stable
Adani Group companies' liquidity needs seem stable after tabulating the near-term maturities for offshore debt, said JP Morgan. Adani Green bond issue - which has a decent-size loan of over a billion dollars - will be in focus, it added.
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Crisil Reaffirms Strong Credit Ratings for Adani Group Amid Legal Challenges
The Adani Group has a healthy Ebitda and cash balance that reduces its dependence on external debt to sustain operations, rating agency CRISIL said.
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Rich Countries Offer No Haven From Climate Doom: Study
As sovereign debt investors concerned about climate change scrutinize national responses to rising global temperatures, they're increasingly finding that wealthier nations aren't doing their part to help address global warming.
-
Rich Countries Provide No Haven From Climate Doom, Study Finds
Not one country is on track for a 1.5C future based on 2030 national pledges for cutting emissions, according to the Assessing Sovereign Climate-related Opportunities and Risks Project.
-
Fishing Kept Them Afloat For 700 Years. Now They Are Drowning In Debt
For nearly seven centuries, the Koli community in Mumbai has been making its subsistence from fishing, the Arabian Sea offering an abundance of piscine riches to enable it to do so. Today, however, the Kolis are having to venture farther and farther
-
'Farm Of The Future': How AI Is Helping Sugarcane Farmers In Maharashtra
For centuries, unpredictability has been the bane of a farmer's existence, with too little or too much rain, pests and disease all threatening to destroy crops, pushing him into debt and, in some cases, even driving him to suicide. How AI is helping.
-
Why China Remains Undeterred About Opening Up Its Economy
The country's economy, the world's second-largest, has struggled to recover from the Covid-19 pandemic, facing challenges like a debt crisis in the housing sector, low consumption, and high youth unemployment.
-
A Body In Burnt Car Leads Cops To Gujarat Hotelier's Grisly Plan To Clear Debts
A debt-ridden hotelier in Gujarat's Banaskantha district faked his death in a car accident to claim life insurance worth Rs 1.26 crore. The meticulous plan, however, was foiled by the police. Dalpat Singh Parmar is on the run
-
Chinese Tricksters Take Cue From Squid Game To Prey On The Indebted
In China's take on Squid Game, fraudsters are preying on the financially distressed in a slumping economy with promises of prize money, debt restructuring and other schemes that are not always what is promised.
-
Telegram Profitable for First Time After App Pays Down Debts
The milestone comes as the messaging service faces increasing scrutiny for aiding the spread of misinformation and illegal content such as child sexual abuse materials.
-
"Go Ahead": What Arun Jaitley Told Raghuram Rajan About Tackling Bad Loans
Corruption and delayed planning permits, or land and environmental clearances, contributed to the build-up of non-performing assets - post the global financial crisis - on Indian banks' books, former Reserve Bank chief Raghuram Rajan said.
-
Airtel Prepays Rs 3,626 Crore To Centre, Clears Dues For 2016 Spectrum Purchase
Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecom to clear all its liabilities for spectrum it had acquired in 2016, the company said on Thursday.
-
Vijay Mallya To "Dearest Friend" Lalit Modi On X: "We've Been Wronged"
Fugitive billiionaires Vijay Mallya and Lalit Modi shared a moment of bonhomie over the Enforcement Directorate's Rs 14,000 debt recovery from the Kingfisher tycoon.
-
"Entitled To Relief": Vijay Mallya On Banks Recovering Rs 14,131 Crore Assets
Fugitive businessman Vijay Mallya said that banks have recovered Rs 14,131.60 crore from him "against the judgement debt of Rs 6,203 crore" but he continues to be "an economic offender".
-
15,000 Crore Of Vijay Mallya, Nirav Modi's Assets Restored To Banks: Centre
Properties worth Rs 14,131 crore - that once belonged to Vijay Mallya - have been seized and handed to public and private sector banks to pay off a part of the fugitive businessman's substantial debts, Finance Minister Nirmala Sitharaman said.
-
4 Adani Group Bonds Rated 'Overweight', JP Morgan Says Liquidity Stable
Adani Group companies' liquidity needs seem stable after tabulating the near-term maturities for offshore debt, said JP Morgan. Adani Green bond issue - which has a decent-size loan of over a billion dollars - will be in focus, it added.
-
Crisil Reaffirms Strong Credit Ratings for Adani Group Amid Legal Challenges
The Adani Group has a healthy Ebitda and cash balance that reduces its dependence on external debt to sustain operations, rating agency CRISIL said.
-
Rich Countries Offer No Haven From Climate Doom: Study
As sovereign debt investors concerned about climate change scrutinize national responses to rising global temperatures, they're increasingly finding that wealthier nations aren't doing their part to help address global warming.
-
Rich Countries Provide No Haven From Climate Doom, Study Finds
Not one country is on track for a 1.5C future based on 2030 national pledges for cutting emissions, according to the Assessing Sovereign Climate-related Opportunities and Risks Project.
