A 40-year-old man in Telangana allegedly killed his wife and two children before dying by suicide due to mounting debts, police said.
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.
Three individuals have been arrested in Vikarabad district, Telangana, for allegedly murdering two elderly women from whom they had borrowed money. Investigations revealed the accused were planning to kill six other women to whom they owed money.
A high drama unfolded in Hyderabad on Thursday as ministers of the Congress government arrived at the Telangana Martyrs' Memorial to engage in a public debate with the opposition Bharat Rashtra Samithi leaders over allegations of scams and debt accumulation that both the ruling and opposition parties have raised against each other.
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.
Eighteen of India's 28 states exceeded the fiscal deficit ceiling of 3 per cent of GSDP in FY25, a deterioration comparable to the Covid year of 2020-21, according to the Comptroller and Auditor General (CAG). The report also noted a decline in states reporting a revenue surplus, with Bihar, Mizoram, and Telangana moving into deficit.
A suspended CISF constable was apprehended in Hyderabad for allegedly possessing and smuggling 158 kgs of dry ganja worth Rs 79 lakh. He reportedly misused his official ID to evade police checks and continued drug trafficking even after a previous arrest and suspension.
Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.
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.
'The campaign by the Mahagathbandan has failed to capture the imagination of the electorate given the fatigue factor with the Nitish government.'
The exit of Larsen & Toubro (L&T) from the Hyderabad Metro is a long-term positive for the stock. It could be a bullish trigger, alongside higher international orders, and new opportunities in segments like defence and data centres.
What has surprised the industry is that the Bill has been tabled without any consultation. Critics warn the ban on real-money gaming could fuel black markets, endanger 200,000 jobs and billions in tax revenue.
The situation raises concerns about whether the promised freebies will once again push the state into a revenue deficit.
Banks may become more cautious in extending loans, as more and more farmers may take loans, relying on the assurance that a debt relief commission will back them in the event of default.
Finance ministers of states demanded an increase in allocation under 50-year interest-free loan scheme, while fiscally stressed states like Punjab and Kerala pitched for a special package and borrowing flexibility, sources said on Friday. In a pre-budget meeting with Union Finance Minister Nirmala Sitharaman, states have also urged for higher borrowing limits to support fiscal activities, besides additional funds for Jal Jeevan Mission.
Kharge's remarks came after Modi on Friday said the Congress stands "badly exposed" in front of people for promising to them what the party knows it will never be able to deliver.
'Women' as a political constituency appears to be an idea that has come of age. It is changing India in ways that we only dimly understand, asserts Aditi Phadnis.
According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.
He charged KCR with using 'abusive language' in campaigning and claimed that it showed signs of his nervousness and insecurity.
In his address at a conference of state secretaries, Rajan stressed the need to strengthen state-level coordination committees by ensuring participation, conducting meetings more frequently and sharing quality information among all stakeholders, including state government agencies.
However, finding the funds to fulfill them will be a herculean task.
The state's economic health is in focus as it has consistently breached the fiscal deficit in eight of the last 10 years since Telangana's formation.
Populism gains momentum during election periods, and this trend is evident in at least four states: Telangana, Rajasthan, Madhya Pradesh and Chhattisgarh.
'He is exposing the failings of the BJP, which is rankling the party.'
The woes of Indian workers who have returned from strife-torn Iraq are far from over. They now face worries of debt amid the struggle to find new jobs.
The new TDP government will have to mop up over Rs 10,000 crore to fulfill the financial requirements for July, a retired senior bureaucrat said.
Independence Day was celebrated across states and Union territories on Thursday, as several chief ministers announced job schemes while some others vowed their support for Prime Minister Narendra Modi's vision of a Viksit Bharat by 2047.
As political winds stir in these states, it's prudent to assess their economic landscapes.
From all indications, Sunil Kanugolu is here to stay, though whether his magic will help the Congress in the northern states in the Lok Sabha elections remains to be seen, wonders Aditi Phadnis.
Generally, a district collector declares crops in his area as being affected due to a catastrophe, which automatically triggers favourable treatment of bank loans, under which the affected dud loans are not treated as bad loans, Rajan said.
States' borrowing cost fell for the second consecutive week on Monday, with the weighted average cut-off easing by 4 bps to 7.67 per cent from 7.71 per cent in the last auction when it slid by 7 bps. The yield on the benchmark 10-year G-secs also declined in the week by 4 bps to 7.23 per cent from 7.27 per cent last Tuesday, Icra Ratings said on Monday. The weighted average cut-off of the 10-year state debt also eased to 7.61 per cent at Monday's auctions from 7.66 per cent last week.
'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.'
As per sources, the MHA recommended the MeitY this week to ban and block these apps, and the ministry subsequently initiated the process as per communication.
Household indebtedness is higher in the southern states as compared to the other parts of the country, a report said on Tuesday. Citing the All India Debt and Investment Survey (AIDIS) data from 2013-2019, domestic agency India Ratings said household indebtedness both in rural and urban areas was higher in southern states than rest of India. In 2019, Telangana with 67.2 per cent had the highest proportion of its rural households indebted and Nagaland with 6.6 per cent had the lowest proportion of its rural households indebted.
]If Andhra Pradesh's middle class is denied salaries and pensions or, if these are delayed, it will rise against Jagan Mohan Reddy with the same fervour with which it voted him in.
In the months of May, June and July, state and district level conventions of the SKM shall be held in every state/UT to galvanise and organise farmers and farm workers, it said.
The Congress needs to reorganise itself at the grassroots, infuse younger blood, and have more boots on the ground. Just offering freebies is not the answer anymore. Leadership matters, asserts Ramesh Menon.
'A democracy cannot mean the rule of just two people,' said one audience member, who recalled that he too had chanted 'Modi, Modi' when the PM had visited the USA. Many of those gathered admitted to having been Modi supporters. What had changed them was the growing concentration of power. Jyoti Punwani reports from New York.
Various indicators make it amply clear that there are grave challenges facing the new government of Chief Minister Nitish Kumar, reports Indivjal Dhasmana.
While the likelihood of these states going the Lanka or Greece way may be an alarming assessment, the financial situation of some states such as Punjab and West Bengal is indeed quite weak.
