Dr Titumir calls for UN-led debt relief mechanism to safeguard investment in children, women

Prime Minister’s Finance and Planning Adviser Dr Rashed Al Mahmud Titumir has called on the United Nations system to establish an international mechanism for debt restructuring, debt relief, debt suspension and sustainable debt solutions to help developing countries address mounting fiscal pressures arising from the Middle East crisis and other global shocks.  He said such…

NCLAT Affirms Insolvency Proceedings Against KKSPU India Over ₹250 Crore Debt, ETLegalWorld

NCLAT upholds insolvency proceedings against KKSPU India New Delhi, The National Company Law Appellate Tribunal (NCLAT) has given a go-ahead to the ongoing insolvency proceedings against KKSPUN India, a manufacturer and supplier of precast concrete solutions and telecom products. The appellate tribunal NCLAT upheld the earlier order of the Delhi bench of NCLT, which had…

Brazil toughens rules on gambling ads as bets explode

RIO DE JANEIRO – Brazil on Friday made it mandatory for gambling advertisements to carry warnings about addiction and money loss, tightening regulations on a sector that has exploded in recent years, dragging many into debt. Brazil’s betting market has boomed since a regulatory framework was established in 2023, accompanied by aggressive advertising both on…

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