Key Points Report shows Brazil’s federal public debt reached R$8.1 trillion in July 2025, rising 2.77% from the previous month and setting a new national record. Government spends over R$800 billion annually on debt interest, about 7.5% of GDP, driven by high Selic rates maintained at 10.75%. Officials aim for zero primary deficit by 2025…
On October 23, 1999, Mr. Rao started working as a customer service assistant at a company. His probation period was six months and after the probation period was over, he was confirmed in the job. Thereafter he was posted in the customer service department of the company’s Bengaluru branch. He was confirmed as a customer…
Insolvency Ordered Against BluSmart’s Tech Arm The order passed by the National Company Law Tribunal (NCLT) in Ahmedabad is given to one of the subsidiaries of the all-electric ride-hailing corporation, BluSmart. It has formally placed Blu-Smart Mobility Tech Private Limited in the Corporate Insolvency Resolution Process (CIRP). This case is based on a petition by…
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Reliance Communications Limited ( (IN:RCOM) ) has provided an update. Reliance Communications Limited has announced the scheduling of its 66th Committee of Creditors meeting on October 27,…
Ansal Properties Updates on Fernhill Project Creditors’ Meeting Amid Insolvency Process The Globe and Mail Read the original article here
Should you consolidate your debt? This calculator is designed to help determine whether debt consolidation is right for you. Enter your credit cards, auto loans and other installment loan balances by clicking on the “Enter Data” button for each category. Then change the consolidated loan amount, term or rate to create a loan that will…
Reliance Communications Limited (RCOM), which is currently undergoing a corporate insolvency resolution process (CIRP), has disclosed that the Bank of Maharashtra has classified the company’s loan account as ‘fraud’. Reliance Communications received the formal letter detailing the classification, dated October 4, 2025, on October 24, 2025. The classification relates to credit facilities extended by the…
Iran declares major private bank bankrupt | The Jerusalem Post Jerusalem Post/Middle East/Iran News Tehran moves to reassure depositors after Ayandeh Bank collapse, transferring assets to state-owned Bank Melli amid mounting economic pressure and renewed international sanctions. An Iranian man walks past a branch of the state-owned Melli Bank, which absorbed the assets of the…
TEHRAN Iran declared one of the country’s largest private banks bankrupt with its assets absorbed by the state, official media reported on Oct. 25, in a rare move in the country grappling with international sanctions. class=”cf”> Founded in 2012, Ayandeh Bank had a network of 270 branches across the country, including 150 in the capital…
Aler (Nalgonda): A shocking incident came to light in Aler town when a family, facing severe financial distress due to gambling losses in a Goa casino, was allegedly locked inside their house by moneylenders demanding repayment. The ordeal began when a local man, who had fallen into debt after losing lakhs in gambling, was repeatedly…