Debt Trap

The book examines the persistence of want in the wealthy United States, finding that keeping some citizens poor serves the interests of many

A greater proportion of poorer-country debt is now owed to commercial lenders, which offer shorter maturities, and capital markets have largely closed to many governments

The decision to go slow on these fund-raising plans - despite the booming credit growth - came at a time when bond market conditions turned turbulent

The court has now given the Delhi Metro two weeks to work out the modalities for payment of the arbitration award to DAMEPL. The case will now be heard on October 31.

With more than $300 billion in liabilities, Evergrande has been at the centre of the crisis and its debt restructuring plan is seen as a possible template for others

China exacerbated but didn't mostly cause the problem whose roots lay in borrowing countries' broken politics and economic mismanagement. The loans may only have solved some problems, writes T N Ninan

Syria is seeking funds from China out of desperation so as to reverse the continuous and sharp decline in its economy since 2011, the year civil war intensified.

9,140 people ended their lives due to unemployment between 2018 and 2020

The most-expensive-debt first approach is cost-effective, while debt snowball has been found to be the most successful

60 per cent of 335 such people surveyed in West Bengal, Chhattisgarh and Andhra Pradesh said they had to take loan to cope with financial constraints

The most-industrialised state''s fiscal deficit jumped to 3.3 per cent of gross state domestic product (GSDP) in 2020-21 as against the Budget Estimate of 1.7 per cent

The avalanche will save you money, but the snowball approach is easier to stick to

The amount, which is also more than three times the world's annual economic output, has been driven by a $7.5 trillion surge in the first half of the year that shows no signs of slowing

The key disappointment at the net profit level was led by a higher-than-anticipated forex loss and tax rate.

Limit the sum total of all your EMIs to 50 per cent of take-home salary

The govt might look for quick fixes under pressure to revive the economy, but sustainable economic growth will continue to be elusive without structural changes, writes T N Ninan

Never resort to paying just the minimum amount mentioned in credit card bills

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