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Debt & Deficit

Pay Off Your Old Debt To Increase Your Home Loan Eligibility

Nov 23, 2021 Meghna Maiti

Paying off existing debt and showing more sources of income increase your chances of getting a bigger home loan. Adding a co-applicant who’s working, boosts your home loan eligibility.

Economic Crisis: Sri Lanka Cuts Back On Imports Amid Mounting Debt

Jul 14, 2021 Associated Press (AP)

Shortages are pushing prices higher for many consumer goods, from bread to construction materials to gasoline, triggering protests among Sri Lankans fed up with the prolonged crisis.


US Owes India USD 216 Billion, USD 1 Trillion To China: Congressman Alex Mooney

In 2020, the US national debt was USD 23.4 trillion, which amounts to USD 72,309 in debt per person, US lawmaker Alex Mooney said

Fiscal Deficit Of States To Hit Peak Of Rs 8.7 Crore As Tax Collection Records Steep Fall: Crisil Report

Jan 20, 2021 PTI

The pandemic has hit tax collections of the states and resulted in a near four-fold spike in their revenue deficits this fiscal over FY20, the report said.


Total Govt Liabilities Rise To Rs 101.3 Lakh Cr In First Quarter: Finance Ministry Report

The total debt of the government stood at Rs 88.18 lakh crore at end-June 2019.

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06 July, 2019

Debt Tribunal Directs Nirav Modi To Pay Rs 7,200 Cr To PNB, Others With Interest

Outlook Web Bureau

The DRT's final order came on a plea filed by the PNB in July 2018 seeking recovery of its dues of Rs 7,000 crores from Modi.


12 June, 2019

Will Go After 'Thieves' Responsible For Putting Pakistan In Debt: Imran Khan

Outlook Web Bureau

In an unusual midnight speech after the first budget of his cash-strapped government was presented, Pakistan Prime Minister Imran Khan said that all economic problem was due to debt which increased to Rs 30 lakh crore from Rs 6 lakh crore in 10 years.


22 May, 2019

ED Conducts Fresh Raids In Mumbai In Connection With IL&FS Payment Default Case

Outlook Web Bureau

The debt crisis at the infrastructure lender IL&FS came to light following a series of defaults by its group companies beginning September 2018.


30 March, 2019

'Modinomics' Flopped, Fiscal Deficit Rises To 134%, Says Congress

Outlook Web Bureau

Congress on Saturday said the Modi government was set to borrow Rs 7.1 lakh crore and cited that the fiscal deficit had risen to 134 per cent in the first 11 months of the current financial year.


19 March, 2019

'Deeply Touched': Anil Ambani Thanks Brother Mukesh After RCom Makes Rs 550 Crore Payment To Ericsson

Outlook Web Bureau

In a statement, RCom said Rs 550 crore dues to Ericsson, including interest dues, has been made in compliance with the Supreme Court judgement.


02 February, 2019

Debt-Ridden Anil Ambani's RCom Opts For Insolvency Proceedings

Outlook Web Bureau

Anil Ambani-led Reliance Communications has decided to opt for insolvency proceedings following its failure to sell assets for paying back its lenders.


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19 January, 2019

India’s Debt Under Modi Govt Surges 50% To Rs 82 Lakh Crore

Outlook Web Bureau

Compared to the latest data available till September 2018 when the total debt of the Central government stood at Rs 82,03,253 crore, the corresponding amount till June 2014 was Rs 54,90,763 crore, the Finance Ministry's data on government borrowings shows.


09 November, 2018

50 Large NBFCs Require Rs 95,000 Crore For Debt Repayments Due In November

Outlook Web Bureau

In October, the rollover rate of CPs issued by these 50 largest NBFCs was only around 40 per cent of the average monthly issuances between June and August 2018.


06 October, 2018

Govt Mulling More Steps To Narrow Down Current Account Deficit: Arun Jaitley

Outlook Web Bureau

The CAD was directly linked with global oil prices, which had been going up recording the highest level in last four years, and was going to have some adverse impact, said Jaitley.


30 September, 2018

Govt Owes Air India Over Rs 1100 Crore For VVIP Charter Flights

Outlook Web Bureau

In a previous reply furnished in March this year, the total outstanding bills were at Rs 325 crore on January 31 which have now risen to Rs 1146.86 crore, it shows.


20 September, 2018

Mallya's Two Choppers Auctioned For Rs 8.75 Crore

Outlook Web Bureau

The Tribunal held the e-auction on behalf of a consortium of 17 banks which filed the case in 2013 against Mallya.


30 July, 2018

Indian Man In UAE Jumps Off 3rd Floor As Lenders Chase Him

Outlook Web Bureau

The 32-year-old man, identified only with his initials A K, was said to be involved in financial disputes with several people, Gulf News reported.


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19 April, 2018

Global Debt Reaches Record High: IMF

Outlook Web Bureau

China alone has contributed 43 per cent to the increase since 2007.


Photo Gallery

Leader of Opposition in Uttarakhand Assembly Pritam Singh during a protest near the State Secretariat against the Devasthanam Act, in Dehradun.

PTI Photo

Indian Player Mayank Agarwal plays a shot during third day of the first Test cricket match between India and New Zealand, at Green Park stadium in Kanpur.

PTI Photo/Arun Sharma

MP & Bollywood actor Sunny Deol with his son Karan Deol (L) during Karan's birthday celebrations, at Sunny Super Sound studio in Mumbai.

PTI Photo

Sharad Agarwal, Head, Lamborghini India flags off a convoy of over 50 Lamborghinis as part of the Lamborghini Espierenza Giro India 2021, at Manesar in Gurugram.

PTI Photo

Lok Janshakti Party (Ramvilas) President Chirag Paswan inspects Bapu Auditorium for preparation of his party foundation day function, in Patna.

PTI Photo
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Lead Essay

Roses Among Thorns: The Many Solidarities Of Diverse Protests

Every act of dissent is an art. Of pain and pathos. Of hope and new dawn. It’s their story. It’s everyone’s story.

Opinion

Farm Law Repeal Has Given New Life To Idea Of Protest In India

Dissent is less about material gains than the intangibles they leave us with.

Apoorvanand
Farm Law Repeal Has Given New Life To Idea Of Protest In India

Manual Scavengers

An ‘Untouchable’ Story: My Life As A Protest

For India’s manual scavengers, mere existence is a protest, because they need to fight just to reclaim their humanity and dignity.

Bezwada Wilson
An ‘Untouchable’ Story: My Life As A Protest

Opinion

Let's Talk About Ageism And Sexism In Indian Films, A Zillionth Time!

While everyone is going gaga over actress Katrina Kaif in the revamped version of 'Tip Tip Barsa Pani', the replacement of Raveena Tandon does point towards the problem of sexism and ageism in the Indian film industry

Nov 17, 2021 Yashika Mathur

T20 World Cup 2021 Analysis: David Warner And Mitchell Marsh - Tale Of Two Comebacks

Australia winning the T20 World Cup for the first time has been timely as they host the next edition at their own backyard in 2022.

Nov 15, 2021 Arijit Ghosh

Education In India During Covid-19: Challenges Faced And Solutions For A Post-Pandemic Era

As per the Observer Research Foundation, close to 250 million children in India were adversely affected due to school closures due to the early lockdowns imposed by the government in response to Covid-19.

Nov 11, 2021 Shekhar Mehta

T20 World Cup Review: Jaded By An Excess Of Cricket, India Were On An Inevitable Path To Doom

India's cricket administrators showed more drive to boost BCCI's coffers rather than take care of players' welfare during pandemic times.

Nov 08, 2021 Arijit Ghosh