Rising stressed debt and past exposures like Reliance Capital, Yes Bank push EPFO to frame exit rules for its portfolio.
A 42-year-old transporter in Faridabad allegedly committed suicide due to financial stress and harassment, according to his family. Police have registered a case against eight individuals based on a suicide note and family complaint.
Three juveniles have been apprehended for allegedly stabbing a 26-year-old man to death in Delhi over a dispute involving a small debt.
A 35-year-old man was beaten to death in Madhya Pradesh's Barwani district following a dispute over a Rs 100 debt. Police have arrested three individuals in connection with the incident.
Industrialist Anil Ambani has approached the Supreme Court seeking a court-facilitated debt resolution similar to the one provided to Sterling group's Nitin and Chetan Sandesara, and five other members of their families.
A mother and daughter were found dead in Bengaluru, India, in a suspected suicide pact driven by mounting debt. Two other family members survived with injuries.
A man in Meerut, India, allegedly staged the kidnapping of his 15-year-old son and demanded a ransom to pay off debts accumulated through online gaming. He has been arrested and the boy is safe.
Ola Electric Mobility Ltd is redirecting 575 crore from its initial public offering (IPO) proceeds, originally earmarked for research and product development, towards debt repayment and organic growth initiatives, signalling mounting pressure on the electric-vehicle maker.
A 16-year-old boy in Kanpur, India, allegedly stabbed his 15-year-old classmate to death at a wedding venue over an unpaid debt of Rs 500.
A 24-year-old man in Delhi was arrested with his friend for allegedly staging a burglary at his own home to repay debts incurred from stock market trading.
A young man in Kaushambi, Uttar Pradesh, allegedly murdered his grandfather with a sharp weapon following a monetary dispute and a previous attempt to poison him, police said.
A 30-year-old man, allegedly burdened by gambling debts, has been arrested for the murder of his wife and three young daughters in Delhi. He was apprehended in Rajasthan and confessed to the crime, citing financial pressure as the motive.
A woman in Telangana was allegedly tied to a tree by five individuals due to a money dispute involving her husband, according to police reports.
A 27-year-old man in Karnataka has been arrested for allegedly murdering a teacher who repeatedly demanded repayment of a Rs 13 lakh loan. The accused allegedly attacked the victim with a sharp weapon and attempted to destroy evidence by setting the body on fire.
India's outward foreign direct investment (FDI) saw a significant increase of 27.5 per cent, reaching $7.06 billion in March, primarily driven by a sharp rise in guarantees for overseas units, according to the Reserve Bank of India.
A 29-year-old woman in Delhi was allegedly stabbed by her cousin following a dispute over money. The accused has been arrested and the victim is receiving medical treatment.
If Tata Sons is listed, the special veto rights of Tata Trusts, under Article 121A, may have to go away.
Pakistan's skewed foreign reserves got a major boost after Saudi Arabia pledged an additional $3 billion in deposits while extending its existing $5 billion facility for a further three years.
Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that preventing second-round effects of supply shocks, where inflation expectations rise due to prolonged disruptions, is the primary role of monetary policy. He also defended the RBI's foreign exchange market interventions, asserting it did not commit to an 'indefensible peg'.
'Existing investors who have not acted so far may consider holding on to these funds with the understanding that the higher returns they expected from them may now take longer to materialise.'
India's state-level fiscal rules have improved headline deficits, but the gains are fragile and uneven with major states still grappling with high debt levels, a World Bank report submitted to the 16th Finance Commission (FC) said. According to the report, despite nearly two decades of adoption of fiscal responsibility laws (FRLs), debt levels have not converged.
The Centre is considering amendments to the Recovery of Debt and Bankruptcy Act in the Budget to allow some Debt Recovery Tribunals to focus only on high-value cases.
Delhi Police have arrested a husband-wife duo and the woman's brother-in-law for allegedly staging a robbery of nearly 4 million in north Delhi. The servant of the complainant conspired with his wife and her brother-in-law to stage the robbery to repay debts.
The BJP's West Bengal unit chief, Samik Bhattacharya, has criticised the Trinamool Congress (TMC) government, accusing it of crushing democracy and creating a lawless environment in the state. He highlighted political violence, rising debt, and a lack of investor confidence as key issues under the TMC's rule.
The Bombay High Court has ruled that the Prevention of Money Laundering Act (PMLA) takes precedence over debt recovery laws like SARFAESI and RDB Acts when it comes to the attachment of proceeds of crime.
A 28-year-old man has been arrested in Delhi for allegedly stabbing two men with scissors over a monetary dispute, resulting in one death and one severe injury.
Pakistan has received the second and final tranche of USD 1 billion from Saudi Arabia, completing a USD 3 billion aid package aimed at boosting its foreign reserves, the state bank said.
Four individuals, including two bank managers, have been arrested in Telangana for allegedly siphoning off Rs 2.65 crore from a state-owned bank branch in Nalgonda district.
TMC leader Abhishek Banerjee addressed a rally in Murshidabad, accusing political rivals of working for the BJP and promising to restore voting rights to disenfranchised citizens if his party returns to power.
Investors are moving away from the commercial paper (CP) market towards certificates of deposit (CDs), as primary CD issuances and rates on these short-term instruments rise.
The Securities and Exchange Board of India (Sebi) has significantly reduced the number of draft offer documents returned or rejected, dropping from 17 in FY25 to just two in FY26, thanks to a more facilitative and engagement-first regulatory approach.
Sports Minister Mansukh Mandaviya is advocating for a Formula 1 race in India by 2027, with potential interest from multiple companies to operate the Buddh International Circuit.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
The government has proposed to lower debt-to-GDP ratio to 55.6 per cent in FY27, from 56.1 per cent in the current fiscal year, Finance Minister Nirmala Sitharaman said on Sunday.
The government has proposed to lower debt-to-GDP ratio to 55.6 per cent in FY27, from 56.1 per cent in the current fiscal year, Finance Minister Nirmala Sitharaman said on Sunday.
Defence Minister Rajnath Singh on Sunday slammed the Congress and DMK over the defeat of the amendment bill regarding the Women's Reservation Act in Parliament but said the government was determined to implement it and that "no power in the world can stop us," from doing so.
The high-intensity election campaign in Tamil Nadu concluded with accusations and counter-accusations between the DMK and AIADMK, while new entrant TVK made its presence felt. Key issues included state autonomy, corruption, law and order, and the delimitation bill.
TMC leader Abhishek Banerjee accuses political rivals of being BJP agents and promises to restore voting rights to disenfranchised citizens in West Bengal. He also criticises the BJP's poll promises and highlights the TMC's Lakshmir Bhandar scheme.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Delhi Police have arrested two men for allegedly carrying out a daylight armed robbery of over Rs 10.65 lakh in Shastri Nagar. The suspects, an uncle and nephew, were apprehended after a four-day manhunt and confessed to the crime.