In Debt
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What are the real costs of India’s high levels of public debt?
High expenditures on interest payments mean fewer resources for countercyclical fiscal policies and social spending in critical areas.
Prachi Mishra & Nikhil Patel
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Why are US millenials $1 trillion in debt despite being better savers than previous generations?
America’s youth have experienced the cosmic duality of yin and yang like few other generations.
Jimmie Lenz, The Conversation
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Tamil Nadu has stringent laws against moneylending at exorbitant rates. Why does it persist then?
The widespread problem is finally receiving attention after last week’s self-immolation of a daily wage labourer’s family in Tirunelveli.
Vinita Govindarajan
Trending
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Why are Sikhs abroad more pro-Khalistan than community members living in India?
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Watch: The trailer of Mani Ratnam’s ‘Ponniyin Selvan’ part 2 is out
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Kalakshetra abuse controversy should force a rethink of power hierarchies in ‘classical’ dance world
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The dark side of wind energy along Gujarat’s coast
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Is ‘glass skin’ achievable? A dermatologist answers this and other skincare questions in a new book
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India is borrowing more and more to pay its existing loans, and that could wreck development dreams
The government has set up a cell to manage India's public debt and expects better results than those achieved by the Reserve Bank and the Finance Ministry.
Mayank Jain
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India Inc is sunk in bad debt – and unlikely to pay up
Banks are swimming in loans to corporates that are on the verge of collapse.
Mayank Jain
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Vijay Mallya says he is in 'forced exile', has no plans to return to India
In an interview with the 'Financial Times', the businessman said the current dissent against him in the country made him wish to stay safe in the UK.
Scroll Staff
Video
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Watch: Journalist Nishant Shekhar hilariously mimics everyday conversations in Indian newsroom
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Watch: Fire spreads through hotel in Indore, rescuers evacuate trapped guests with ladders
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Watch: Trapped miners rescued from collapsed gold mine in Congo as onlookers cheer in relief
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Watch: Israeli commando units stage undersea protest against government’s judicial overhaul plans
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Watch: Rescuer scales 65-foot telecom tower in Pune to save bird tangled in kite string
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Centre writes to UK High Commission seeking Vijay Mallya’s deportation
This is to ensure his presence in India during the investigation of the money-laundering case against him, said the Ministry of External Affairs.
Scroll Staff
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Vijay Mallya convicted in cheque-bouncing case by Hyderabad court
GMR Hyderabad International Airport Ltd had sued the former liquor baron after cheque payments amounting to Rs 2 crore did not go through.
Scroll Staff
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Non-bailable warrant issued against Vijay Mallya by Mumbai court for money laundering
The court rejected an application moved by Kingfisher Airlines that the allegations levelled against Mallya by the Enforcement Directorate were false.
Scroll Staff
The Reel
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Watch: The trailer of Mani Ratnam’s ‘Ponniyin Selvan’ part 2 is out
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‘Elemental’ trailer: Fire teams up with water in animated film about elements of nature
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Netflix India’s latest mantra: ‘You can’t be successful globally without being successful locally’
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Start the week with a film: The very violent and very clever ‘Battle Royale’
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Review: ‘Boston Strangler’ looks for the woman in the serial killer story
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SC asks Vijay Mallya to deposit 'substantial amount', after banks reject loan-repayment proposal
The apex court also asked the 60-year-old businessman's lawyers to inform the bench when he is returning to India.
Scroll Staff
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Vijay Mallya barred from accessing the Rs 515 crore he got from selling his business to Diageo
The Debt Recovery Tribunal said he can get the money only after a suit against him for unpaid loans of Rs 7,000 crore is settled, while earlier in the day, the Enforcement Directorate filed a separate case in his name.
Scroll Staff
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Kerala’s new gambit: state will pay interest on farmers' loans
Finance Minister K. M. Mani announced that the government will pay the entire interest payable by farmers on every loan where the farmer repays the principal on time.
IndiaSpend Team
The Field
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IPL 2023: MI's Rohit Sharma and Mark Boucher on Impact Player rule, plans for the season and more
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Shuttle Zone: How to get started with badminton? And how to prepare for matches? Here’s a guide
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Spain Masters Super 300: Aakarshi Kashyap upsets world No 15, Srikanth wins thriller, Sindhu through
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IPL 2023 fixtures list: Here’s the full schedule of 70 matches in the league stage
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IPL 2023: Virat Kohli to Cameron Green, five players to watch out for in new season