Debt

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.

A foreclosure notice has been sent to the family of a farmer, Prasad, who committed suicide in Kuttanad due to a financial crisis. Prasad committed suicide allegedly due to debt in Alappuzha on November 11.

Three members of a family were found dead in Kollam on Friday. The police suspect that the family was facing issues related to debt.

The Reserve Bank of India (RBI) issued a strong warning on Monday, cautioning the public about misleading advertisements that promise loan waivers. The central bank expressed concern about entities charging fees for 'debt waiver certificates' without proper authorization.

Byju Raveendran, the founder of Byju's, has reportedly pledged his family's residence in Bengaluru and an under-construction villa in Epsilon as collateral to secure a $12 million loan, aiming to cover employee salaries.

Whether it's for business expansion, education, medical expenses, or debt consolidation, a loan against property can provide funding to meet all your requirements. However, before opting for such a financial arrangement, it is crucial to consider various factors to ensure that the decision aligns with your financial goals and capabilities. Let’s explore the key factors to consider while taking a loan against property.

A dairy farmer committed suicide due to debt in Kannur on Monday. Albert was the President of Kolakkad Dairy Co-operative Society and also worked as the President of Ksheera Sahakarana Sangh for 20 years.

Karnataka's Home Minister addresses a tragic family suicide due to debt, promising investigations and compensation. He emphasizes legal action against exploitative money lending, stresses the need for a thorough inquiry, and pledges measures to prevent such incidents. Additionally, he denies knowledge of a transfer scam but commits to investigating reported irregularities.

A tragic incident unfolds as a family of five in Sadashivnagar takes their lives due to insurmountable debt, leaving a poignant note citing financial strain, disputes with neighbors, and accusing specific individuals. The father strangled the children, mentioning a distressing situation and seeking justice in the note, prompting investigations and relief efforts.

Maldives new President's formal requests India to withdraw military personnel has raised concerns about a shift in the "India first" policy, as experts analyze the geopolitical implications and potential influence of China in the region.

In the rising cases of mobile loan app fraud, the Kerala government has written to the Centre demanding a ban on 172 such money lending apps. Several people have been pushed into massive debts and suicides due to fraud cases. 

A farmer committed suicide allegedly due to debt in Alappuzha on Friday. Kerala BJP state President K Surendran also said that this suicide would not have happened if the state had given the money allotted by the centre.

This initiative, a response to China's Belt and Road Initiative, aims to enhance Sri Lanka's logistical capabilities and bolster the region's economic prosperity. The DFC's loan for the West Container Terminal will expand shipping capacity and stimulate economic growth without adding to sovereign debt.

Contractors in local bodies grapple with mounting debt, with arrears exceeding Rs 100 crore in Kochi Corporation alone. Delays in government payments and plan fund disbursements hinder grassroots construction projects.