Debt Burden News

Politics

Karnataka cracks the whip on moneylenders

The Karnataka cabinet passed the Debt Relief bill 2018 to ease the financial burden on weaker sections of society who have borrowed from non-institutional sources

2 min read30 Aug 2018
Money

Warning signals that tell you if debt is taking over your life

Don't let your debt situation go out of control and harm your finances and long-term goals. A declining or negative net worth is a trigger for you to investigate where things are going wrong

5 min read24 Jul 2018
Opinion

The old are eating the young

The appropriation of future wealth and resources for current consumption is increasingly disadvantaging future generations

4 min read15 Jun 2017
Opinion

Brazil’s Argentina moment

Taken at face value, the economic justification for the Brazilian government's spending cap is surprisingly weak

4 min read13 Jun 2017
Politics

High govt debt limits room for quick deficit reduction: Moody’s

Moody's said the economy will return to the previous trend by mid-2017 after temporary effects of demonetisation fade away

2 min read26 Jan 2017
Companies

Jindal Steel lenders approve Rs2,500 crore refinancing under 5/25 scheme

Naveen Jindal-led JSPL, with interests ranging from power and steel to cement, had a consolidated net debt of `42,929 crore in 2014-15

1 min read3 Apr 2016
News

Japan targets growth in record budget spending plan

The decreasing level of new borrowing and rising tax income will bring Japan's fiscal dependence on bond financing to 35.6%, the lowest since fiscal 2008

2 min read22 Dec 2015
Companies

Bahrain Air grounded by mounting debts

Airline blames minister for restricting its routes and flights while demanding debt payment

1 min read13 Feb 2013

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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