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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These innovations have made Amrik Sukhdev Dhaba in Murthal the truck drivers’ favourite since 1967
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In Sambhal, Muslims allege UP police stormed booths, snatched IDs and beat up voters on polling day
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Ambitious tourism plans for Lakshadweep ignore limited availability of freshwater
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Why BJP leaders’ comments on study about Muslim population in India are misleading
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The numbers show the idea of Muslim population explosion is nothing but political propaganda
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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: Students in Pakistan enact moments from Anant Ambani and Radhika Merchant’s pre-wedding event
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‘Hind’s Hall’: Rapper Macklemore releases poignant song in support of Palestine, US campus protests
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Met Gala 2024: From Alia Bhatt to Isha Ambani, what Indians in attendance wore
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Watch: South Korean band performs Rabindra Sangeet accompanied by traditional Korean instruments
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Watch: This man fused hip-hop with Bharatnatyam to dance to Shakira’s ‘Hips Don’t Lie’
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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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‘Murder in Mahim’ review: A crime as unjust as wrongful death
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‘Srikanth’ review: An inspiring tale of remarkable achievement
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‘The Boy and the Heron’ review: An animation legend rolls out enchantment and emotional resonance
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Watch: Politics, ambition and crime in Vasantha Balan’s ‘Thalaimai Seyalagam’
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How the fantasy film ‘Pathala Bhairavi’ heavily influenced Telugu cinema
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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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Table Tennis, Saudi Smash: Manika Batra’s dream run ends in quarter-finals
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Athletics, Doha Diamond League 2024: Neeraj Chopra, Kishore Jena open season – All you need to know
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IPL 2024: Virat Kohli stars as Bengaluru beat Punjab to stay in hunt for playoff spot
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India tour of Bangladesh: Radha Yadav stars in fifth T20I as visitors sweep series
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Athletics, Doha Diamond League 2024: In Olympic year, Neeraj Chopra keen to lay down the marker