26% of London residents who gamble turn to gambling as a quick fix for financial issues—twice that of the UK average

Searches for gambling applications on the Google Play store and Apple AppStore have seen an increase over the past 12 months 49% of London respondents are funding their gambling activity with credit products – 2.2 times higher than the national average 20% see gambling as a quick fix to money problems Lowell’s recent Financial Vulnerability…

To help debt-stricken Himachal govt, CM Sukhu’s principal advisor forgoes salary till end of fiscal year | Chandigarh News

In view of the strained financial situation of the Himachal Pradesh government, Principal Advisor (Innovation, Digital Technologies and Governance) to Chief Minister Sukhvinder Singh Sukhu, Gokul Butail has voluntarly decided not to draw his monthly salary of Rs 2.5 lakh until the end of the 2024-25 fiscal year. Butail will only accept an honorarium of…

Anil Dhirubhai Ventures moves NCLT in Reliance Capital case

Mumbai: Anil Dhirubhai Ambani Ventures Pvt. Ltd (ADAVL) has filed a fresh interlocutory application in the National Company Law Tribunal (NCLT) seeking the court’s intervention to direct Hinduja Group-owned IndusInd International Holdings Ltd (IIHL) to stop using the brand ‘Reliance’ once the resolution plan is implemented. In February, the NCLT had approved IIHL’s takeover of…

Insolvency resolution process: IBBI proposes MSMEs to disclose whether Udyam registered or not – SME News

India’s insolvency regulator, the Insolvency and Bankruptcy Board of India (IBBI), has proposed that MSMEs undergoing insolvency resolution should disclose whether they are formally registered as a micro, small or medium enterprise with the government.  In accordance with the MSME Development Act, 2006, enterprises are required to register on the MSME Ministry’s Udyam Registration portal…

Labor to wipe $3b from students’ HECS debt

Three million graduates will have their student loans reduced by an average of $1200 in next week’s budget, but not have any extra money in their pockets. However, in an unrelated move, hundreds of thousands will also be financially better off when repayment thresholds to student loans are changed on July 1. Loading… Read the…

HECS: how much your debt is increasing by

Key Points More than three million Australians have been hit with an increase to their student loan debt due to indexation. The education minister has told students the increase will drop due to forthcoming legislation. But there have been calls for the government to change indexation so it’s not applied on amounts already repaid. More…