Search For "debt"
"Middle class gets nothing": AAP's Raghav Chadha on Budget 2025
Updated : 1 year, 1 month ago IST
In his speech during the budget session, MP Raghav Chadha said, "The poor receive subsidies and schemes, the rich have their debts forgiven, but the middle class gets nothing. The government thinks the middle class has no dreams or aspirations. It is regarded as a hen that lays golden egg
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Cheaper loans better for trade, industry: Congress leader Rajeev Shukla on
Updated : 1 year, 1 month ago IST
Congress leader Rajeev Shukla on Friday welcomed RBI's decision to reduce repo rate by 25 basis points (bps) to 6.25 per cent and said that it will help trade and industry as loans will get cheaper.
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India's debt to decline to 50-51% if it maintains a nominal growth rate of
Updated : 1 year, 1 month ago IST
If India maintains a nominal growth rate of 10.5 per cent its fiscal deficit is expected to reduce to 4 per cent of GDP in the next financial year (FY26), according to a report by SBI Funds.
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Vijay Mallya moves Karnataka High Court, seeks loan recovery accounts from
Updated : 1 year, 1 month ago IST
Mallya's counsel has argued that the loan recovery officer stated that Rs10,200 crore has been recovered. He claimed that even though the full loan amount has been cleared, the process is still ongoing. Therefore, a request has been made to direct the banks to provide a statement of the r
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Aye Finance partners with Credgenics for digital transformation in debt co
Updated : 1 year, 1 month ago IST
New Delhi [India], February 5: Aye Finance, one of the leading NBFCs providing business loans to the largely underserved micro-scale enterprises in India has joined hands with Credgenics, an AI-powered platform for debt collections and resolutions. This engagement will digitally transform Ay
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Trifecta Capital Announces the First Close of INR 2000 Crore Trifecta Vent
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], February 3: Trifecta Capital, India's leading provider of venture debt, has reached a significant milestone with the first close of its fourth and largest venture debt fund till date. This achievement marks a significant milestone in the firm's plan to raise INR
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"Ordinance to end torture of the poor by microfinance companies": DK Shiva
Updated : 1 year, 1 month ago IST
Karnataka Deputy Chief Minister DK Shivakumar on Monday said that the government has planned an ordinance to stop the exploitation of the poor by microfinance companies in the name of loan recovery.
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"Demands from farmer organisations ignored, no mention of MSP": Jairam Ram
Updated : 1 year, 1 month ago IST
"If you talk about farmers, what did they receive? There is no mention of a Minimum Support Price (MSP). There was no mention of a debt waiver by the Finance Minister. There was no mention of improvements in the Pradhan Mantri Fasal Bima Yojana," Ramesh told ANI.
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Punjab, MP leaders urge reforms and aid in Budget 2025
Updated : 1 year, 1 month ago IST
Ahead of Union Budget 2025, Punjab Finance Minister Harpal Singh Cheema demands a special package for Punjab, including MSP guarantees and crop diversification, while MP Congress leader Jitendra Patwari criticises the government's handling of inflation and national debt.
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Cred Buddha: Simplifying Your Path to Financial Success with Transparent,
Updated : 1 year, 1 month ago IST
Visakhapatnam (Andhra Pradesh) [India], February 1: At Cred Buddha, the belief is that achieving financial goals should be simple, transparent, and stress-free. Whether individuals are planning to buy their dream home, start a business, or consolidate their debt, Cred Buddha is dedicated to
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Himachal Pradesh government outlines steps for financial recovery and grow
Updated : 1 year, 1 month ago IST
Himachal Pradesh's Technical Education, Housing, and Town and Country Planning Minister Rajesh Dharmani addressed a press conference in Shimla on Wednesday, outlining the state's financial condition, debt burden, and the steps taken by the Congress government to improve fiscal discipline an
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Odisha tops Fiscal Health Index by NITI Aayog, praised for effective Debt
Updated : 1 year, 2 months ago IST
Odisha has emerged as the top performer in the country for fiscal health in the Financial Year 2022-23, according to the recently released Fiscal Health Index (FHI) by NITI Aayog.
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