JK Tyre & Industries looking to invest Rs 1400 crore in next two years
JK Tyre & Industries is looking at investing Rs 1400 crore over the next two years to expand capacity to meet demand for truck, bus and passenger car radial in …
debt
China’s heavily indebted Evergrande ordered to liquidate
By Kanis Leung and Zee Soo | Associated Press HONG KONG — A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation …
Jill On Money: Credit card debt resurfaces
Debtors’ prisons were abolished by Congress in 1833, which is good news for the millions of Americans. According to a recent survey from Bankrate, nearly half of consumers (49 percent) say they …
RBI Clears Air On Rising Debt In India, Says Household debt In India Does Not Pose Systemic Concern
Home Business RBI Clears Air On Rising Debt In India, Says Household debt In India Does Not Pose Systemic Concern In terms of absolute levels, gross household financial savings expanded …
Bond: Bond forwards set to clear many grey areas for banks, insurers
Mumbai: Bond forwards in sovereign debt, for which the Reserve Bank of India released draft directions last week, will help end a regulatory grey area and let banks and insurers …
Opinion: Higher interest rates are a tax on U.S. economic growth
U.S. interest rates have surged in the past few months. If this persists, it has serious consequences for the sustainability of federal deficits and U.S. economic growth. The Federal Reserve …
Justice Clarence Thomas Bought RV With Loan That Was Forgiven
A Senate inquiry found that Justice Clarence Thomas failed to repay most, if not all, of a quarter million dollar loan that funded the purchase of his 40-foot RV. 2023 …
Debt: Africa hears pledges but little action at IMF-World Bank talks
MARRAKESH: Pummelled by debt, poverty and natural disasters, African nations heard many pledges of support but saw little action at the first IMF-World Bank talks to be held on their …
Biden cancels $37M student loan debt from for-profit school
By Katie Lobosco | CNN The Biden administration is canceling nearly $37 million of federal student loan debt for more than 1,200 borrowers who attended the University of Phoenix because …
Soaring rice prices sow hope and trouble for Thai farmers
CHAI NAT, Thailand – After finishing her latest rice harvest, Sripai Kaeo-eam hurriedly cleared her fields and planted a new crop in late August — ignoring a Thai government advisory …