Debt

In a bold fiscal decision, Israel has an ambitious plan to secure $60 billion in debt this year, coupled with stringent measures such as a government hiring freeze and tax hikes. The nation's defense budget is set for an unprecedented nearly twofold increase, signaling a strategic financial shift in the ongoing war.

The report reveals that Pakistan's per capita debt has increased by 36% from $823 in 2011 to $1,122 in 2023, while GDP per capita has seen a 6% decline during the same period.

The Tata Group's market capitalization currently stands at $365 billion, exceeding the IMF's estimated GDP for Pakistan, which is almost $341 billion.

Before applying for a personal loan, it's crucial to assess several factors. Firstly, check your credit score to understand your borrowing eligibility. Evaluate your income stability and debt-to-income ratio to ensure affordability.

In the gripping financial saga, Pakistan teeters on the edge of a brutal debt crisis, raising pressing questions about its economic survival. Can strategic measures rescue the nation from this treacherous cliffhanger, or is it a descent into fiscal uncertainty?

Moody's has upgraded the outlook of four Adani Group companies to 'stable' from 'negative,' citing timely debt repayments and effective fund-raising capabilities. The revised ratings follow successful debt transactions and equity market access, demonstrating the Group's financial resilience

According to the RTI report, the organisers of Nava Kerala Sadas in the Malappuram district are currently in debt. The RTI document states that Rs 1.24 crore was utilised in the six constituencies and there was an income of Rs 98 lakh.

From a soaring share price to a looming debt crisis, the journey of this once-venerable French company is a cautionary tale of ambition, missteps, and the unforgiving winds of change.

While the IMF did not provide specific figures regarding Maldives' foreign debt, it stressed the necessity for "urgent policy adjustment" to address the situation.

The Centre informed the Supreme Court that Kerala will soon experience a severe financial crisis citing the state's rising interest payments on its debt. The report comes a day ahead of Kerala's budget presentation scheduled on February 5.

Italian Prime Minister Giorgia Meloni walked back on her own words over the privatization of Poste Italiane. To crush the increasing public debt, the Italian government took the extreme step of selling the majority of its stake in its 'Crown Jewel’.

The printing of driving licenses and RC Books has stopped since October due to non-payment by the government. In the meantime, the postal department is also in debt. However, the finance department has not yet paid the contractor.

An unsettling mystery has gripped the tranquil village of KG Koppalu in Mysuru district as an entire family vanished without a trace, leaving behind a community reeling with shock and concern. The disappearance of Mahesh (35), his wife Bhavani (28), their young daughter Preksha (3), and Mahesh's elderly parents Mahadevappa (65) and Sumitra (55) has sent ripples of distress through the close-knit neighbourhood.
 

The inflation rate in Pakistan stands at an alarming level of 29.66 percent as of December 2023. As a result of that, eggs including many other daily commodities have become a premium. Eggs are being sold at Pakistani Rupee 250 and Chicken at Pakistani Rupee 615 per kg.

"CEOs have thrown up their hands when it comes to getting workers back into the office full time. Just 4% of US CEOs say they will prioritise a full-time return to the office," The Conference Board said in a recent study.