Retirement-age debt is soaring – how can brokers help?

An interest-only structure is naturally cheaper since there is no principal to worry about. It is particularly enticing for customers who intend to sell their property at some point in retirement and live off their existing equity. “It’s really about giving customers flexibility. It’s really about giving them additional cash flow to help manage their…

Bhushan Steel: Was liquidation the only solution?

The Supreme Court verdict is a setback to the resolution process | Photo Credit: lakshmiprasad S Can a judgment be correct in law, but nevertheless be wrong? The answer appears to be yes in the case of the Supreme Court’s recent judgment setting aside JSW Steel Ltd’s (JSW) resolution plan for the acquisition of Bhushan…

Telangana has gone bankrupt, says CM Revanth; blames it on BRS

A miffed Revanth Reddy was responding to remarks from government employees’ union threatening to ‘wage war’ against his government. He alleged the BRS government left unpaid dues of ₹50,000 crore, including to Singareni Collieries and contractors, and took loans at steep 11% interest, questioning KCR’s financial decisions and priorities. Published May 05, 2025 | 10:41…