Articles for Debts

Techie burdened with debts indulges in chain snatching
2 days ago

Techie burdened with debts indulges in chain snatching

The Hindu  

Selaiyur Police arrested a 28-year-old man who is a digital graphic artist for snatching a gold chain from a woman. On her complaint, a special team of police led by Assistant Commissioner of Police, Selaiyur scrutinised all CCTV footage and arrested the accused who has been identified as S. Shanmuga Anandan, 32, of Ganapathy puram, Chromepet on Saturday. Investigation revealed …

Chain Snatching
Several buyers in talks to restart bankrupt Blokker; Retailers debts top €92 million
2 days, 19 hours ago

Several buyers in talks to restart bankrupt Blokker; Retailers debts top €92 million

NL Times  

Bankruptcy administrators of the bankrupt retail chain Blokker are still in talks with “several” potential buyers about a restart for the company. Blokker went bankrupt last month after continuous losses and troubles with paying off debts at the Dutch Tax Authority. It was reported in the bankruptcy report that the finance company Gordon Brothers is owed 26.7 million from Blokker. …

Bankruptcy Report Bankrupt Blokker
Three-quarters of university graduates have student debts
1 week, 3 days ago

Three-quarters of university graduates have student debts

NL Times  

Almost three-quarters of all people who have completed a university-level education within four years have student debts. Just over half of the students who followed an HBO bachelor's degree have student debt, and only one in five secondary vocational students are in debt. They have to pay an average of 12,500 euros, former HBO students still have to pay 6,300 …

Students Student Debt Euros Hbo Student Debt Student Debts
Young people travel hacking with credit card rewards points are failing to clear their debts
2 weeks, 1 day ago

Young people travel hacking with credit card rewards points are failing to clear their debts

ABC  

Discounted flights, upgrades, swanky hotels, and cheap wine — there are few people who would say no to a little something-for-nothing right now. A study by consumer research group Canstar of 3,070 respondents found more than half of people aged 18 to 29 with a credit card sign up solely to earn travel rewards points. Annual fee and high interest …

Royal Credit Debt Conditions Credit Cards Young People Points
Rahul Gandhi slams BJP: Taxing the poor, waiving billionaires' massive debts
2 weeks, 2 days ago

Rahul Gandhi slams BJP: Taxing the poor, waiving billionaires' massive debts

India Today  

Congress leader Rahul Gandhi on Saturday said while the Narendra Modi government is hiking the rates of the income tax and other taxes for the common man, it is giving concessions to billionaires, and claimed that it is set to introduce another slab of the GST to burden people. Gandhi said the Congress will continue to oppose this "injustice" of …

Tax Congress Gandhi Crore Lakh Gst Billionaires Massive
Personal loan for debt consolidation: Make note of these 5 key points
2 weeks, 3 days ago

Personal loan for debt consolidation: Make note of these 5 key points

Live Mint  

If you are running low on funds, opting for a personal loan is typically feasible as well as rational. To consolidate debts At the same time, you get an offer from a bank or a non banking financial corporation to raise a personal loan at 11 percent interest. Now, if you have an option to raise ₹15 lakh to repay …

Debt Personal Loan Lakh Emi Three Years Debts Loan Interest
Unable to repay gambling debts, 20-year-old hangs self in Bengaluru
2 weeks, 4 days ago

Unable to repay gambling debts, 20-year-old hangs self in Bengaluru

New Indian Express  

BENGALURU: A 20-year-old college student, addicted to online gambling, took his own life after being unable to repay his debts. The incident took place at his residence in KR Puram on November 23, and his parents filed a police complaint on December 2, after learning that he took the extreme step due to pressure from his friends to return the …

Friends Praveen His Friends Gambling Debts Hangs Self
Telangana: BRS Responsible for State’s Rs 7L-Cr Debts, Says Komatireddy
3 weeks, 4 days ago

Telangana: BRS Responsible for State’s Rs 7L-Cr Debts, Says Komatireddy

Deccan Chronicle  

Nalgonda: Minister for roads and buildings Komatireddy Venkat Reddy on Thursday alleged that the BRS government, which claimed the state would be turned into Bangaru Telangana, sent the state into Rs 7 lakh crore of indebtedness. He said Chief Minister Anumula Revanth Reddy will inaugurate the building of the Government Medical College of Nalgonda on December 7. He will also …

Minister Brs
Arnhem starts paying off first struggling households' debts
3 weeks, 4 days ago

Arnhem starts paying off first struggling households' debts

NL Times  

The municipality of Arnhem has started paying off the debts of residents living in the struggling district of Immerloo. The city has so far paid 200,000 euros in debts for ten households, alderman Mark Lauriks told NU.nl. We are not allowed to come in the first time.” The municipality has managed to build enough trust with 15 households that municipal …

Households Debts Lauriks
Debt swaps to rejuvenate local governments
4 weeks ago

Debt swaps to rejuvenate local governments

China Daily  

CAI MENG/CHINA DAILY On Nov 8, the Standing Committee of the National People's Congress approved an increase of 6 trillion yuan in the local government special bond ceiling to replace outstanding hidden debt — or liabilities of local governments that are not officially recorded. Local governments will be eligible for local government special bonds worth another 4 trillion yuan over …

China Resolution Economic Growth Economic Development Debt Resolution Economic Debt Management
Debt swaps to rejuvenate local governments
4 weeks ago

Debt swaps to rejuvenate local governments

China Daily  

By Luo Zhiheng | China Daily | Updated: 2024-11-25 09:58 CAI MENG/CHINA DAILY On Nov 8, the Standing Committee of the National People's Congress approved an increase of 6 trillion yuan in the local government special bond ceiling to replace outstanding hidden debt — or liabilities of local governments that are not officially recorded. Local governments will be eligible for …

China Local Resolution Economic Growth Economic Development Debt Resolution Economic
DRT May Entertain Plea Against Measures To Recover Secured Debts Beyond Limitation If Satisfied With The Reasons: Gauhati High Court
1 month ago

DRT May Entertain Plea Against Measures To Recover Secured Debts Beyond Limitation If Satisfied With The Reasons: Gauhati High Court

Live Law  

The Gauhati High Court has recently held that the Debt Recovery Tribunal has to dispose of an application under SARFAESI Act made against measures to recover secured debts by any person in accordance with Section 24 of the Recovery of Debts and Bankruptcy Act which applies the provisions of the Limitation Act to tribunal proceedings.For context, Section 24 of the …

Application Limitation Act Limitation Tribunal High Act Measures
YSRC govt caused debts of Rs 9.74 lakh crore to AP, says minister
1 month ago

YSRC govt caused debts of Rs 9.74 lakh crore to AP, says minister

Deccan Chronicle  

Vijayawada: The YSRC government “resorted to large-scale borrowings totalling over Rs 9.74 lakh crore and spent Rs 600 crore without getting approval from the state legislature during its 2019-24 term.” This was stated by finance minister Payyavula Keshav in the legislative council on Wednesday. Replying to a question from D. Rama Rao, the minister said the previous government had set …

Ysrc Caused Debts
Tax Quarterly Digest: July To September 2024
1 month ago

Tax Quarterly Digest: July To September 2024

Live Law  

Because Of Refund Due From Assessment Proceedings, Can't Escape Liability Of Depositing Tax Realized: Allahabad High Court The Allahabad High Court has held that a registered dealer cannot withhold the tax realised by him from a purchasing dealer only because he had deposited an excess amount of tax at the time of the transaction. Compensation To Discontinue Commodity Brokerage Business …

India Singapore Justice Mumbai Supreme Court High Court Bombay High Court
George Clooney's friend pays £100million to restore Scottish castle to how it looked in 1842 when Queen Victoria visited
1 month, 1 week ago

George Clooney's friend pays £100million to restore Scottish castle to how it looked in 1842 when Queen Victoria visited

Daily Mail  

A Scottish castle has undergone a £100 million restoration by a US tequila tycoon who set up his alcohol business with friend George Clooney. Taymouth Castle on the shores of Loch Tay in Kenmore, Perthshire, has been renovated to how 'it looked 1842 when Queen Victoria came to visit'. From left to right: Mike Meldman, George Clooney and Rande Gerber …

Land Scotland Discovery Company George Clooney Queen Victoria Castle
Trump trolls Harris campaign with leftover fund offer to clear debts after she ‘blew through $1bn’
1 month, 1 week ago

Trump trolls Harris campaign with leftover fund offer to clear debts after she ‘blew through $1bn’

Hindustan Times  

President-elect Donald Trump took a swipe at the Harris-Walz campaign’s finances and spending with a surprising proposal on social media. Flaunting his campaign’s success with low-cost "earned media," Trump suggested that Republicans might help cover the Democrats’ debts, which reportedly remain hefty despite record-breaking fundraising. US Election Results LIVE: Donald Trump has won the electoral college and will be the …

Campaign Trump Democrats Harris Cia Nikki Haley Pompeo
China’s stimulus falls short, as a showdown with Trump looms
1 month, 2 weeks ago

China’s stimulus falls short, as a showdown with Trump looms

Live Mint  

ECONOMIST SOMETIMES say that China suffers from the three Ds: debt, deflation and poor demographics. Lan Fo’an, China’s finance minister, said that local governments would be allowed to issue extra bonds worth trillions of yuan to replace riskier “hidden" debts. These hidden liabilities typically belong to local-government financing vehicles, quasi-commercial infrastructure firms Hidden debts have been a nagging worry for …

China Local Trump Local Governments Bonds Debts Governments
Business bankruptcies to continue to rise for the time being, association says
1 month, 2 weeks ago

Business bankruptcies to continue to rise for the time being, association says

NL Times  

Erik Ziengs, the chairman of Ondernemend Nederland, which is an independent association for businesses in the Netherlands, is expecting more bankruptcies of trade companies and catering businesses to follow the current wave. Ziengs thinks that many companies are struggling to survive financially due to debts incurred during the coronavirus pandemic. Retail specialist Paul Moers also fears more retail groups getting …

Many Companies
Huge change coming to Aussies with HECS debts with $16billion set to be cut from student loans
1 month, 3 weeks ago

Huge change coming to Aussies with HECS debts with $16billion set to be cut from student loans

Daily Mail  

Aussies will have 20 per cent of their student debt wiped under a major new plan set to be announced by the Albanese Government. Aussies will have 20 per cent of their student debt wiped under a major new plan set to be announced by the Albanese Government 'Our whole nation benefits when we make it easier for people to …

Student Loans Debt Help Cent Set Student Loans
Re-elected Albanese government would slash HECS-HELP debts by 20 per cent
1 month, 3 weeks ago

Re-elected Albanese government would slash HECS-HELP debts by 20 per cent

ABC  

Student debts would be slashed by 20 per cent under the latest part of the federal government's election pitch to ease cost of living pressures for young Australians. A university graduate with the average debt of $27,600 would see about $5,520 wiped from their outstanding loan next year under a re-elected Albanese government. The government has framed the policy — …

Student Debt Loan Cost
The HECS threshold is being increased and debts are being lowered but repayment times will take longer for some under a new proposal
1 month, 3 weeks ago

The HECS threshold is being increased and debts are being lowered but repayment times will take longer for some under a new proposal

ABC  

Over the weekend the federal government has announced plans to change student loan repayment rules, spruiking cost of living savings. If the changes pass parliament, people paying their university fees via the government's Higher Education Loan Program won't have to pay as much each year and the overall debt levels will be lowered. Prime Minister Anthony Albanese said they would …

Education Student Debt Loan Help Henderson Australians
Hundreds of millions owed in rental debts to councils and arrears on the rise, new data shows
2 months, 3 weeks ago

Hundreds of millions owed in rental debts to councils and arrears on the rise, new data shows

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Hundreds of thousands of social housing tenants owe money to …

Social Housing Social Housing Local Debt Pay Cap
Morrisons strikes £331 million property deal amid significant debts
2 months, 3 weeks ago

Morrisons strikes £331 million property deal amid significant debts

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Supermarket group Morrisons has agreed …

Sign Morrisons
Debts increased under BJP regime, says Palaniswami
3 months, 4 weeks ago

Debts increased under BJP regime, says Palaniswami

The Hindu  

AIADMK general secretary Edappadi K. Palaniswami on Sunday said the country’s debts increased under the BJP rule, and that the national party’s State president K. Annamalai had done nothing for Tamil Nadu. “What schemes did the Union government bring in for the debt to have increased to this extent?” Responding to Mr. Annamalai’s charge that the AIADMK government was “corrupt”, …

Party Bjp Dmk Aiadmk Palaniswami