Bankruptcies Are Up 12% — These 5 Money Moves Can Help You Stay Ahead of Debt

With the cost-of-living crisis worsening and inflation running rampant, how can Americans protect themselves from bankruptcy? Bankruptcy filings jumped 12.2% from mid-2025 to mid-2026, according to U.S. Courts. Even more worryingly, it reflects a broader trend of bankruptcies rising every year since 2022. Bankruptcy filings have skyrocketed 60% from 2022 through today. It certainly doesn’t…

Hindusthan National Glass & Industries to invest up to ₹500 crore in next 5 months to ramp up capacity

Hindusthan National Glass & Industries (HNGIL), now part of the Africa-based Madhvani-Turner Group, is planning to invest ₹300-500 crore over the next five months to ramp up manufacturing capacity by the end of this fiscal year. HNGIL, which was acquired by Independent Sugar Corporation through the insolvency resolution process under the Insolvency and Bankruptcy Code…

Profitable Companies Can Face Insolvency Over Loan Default; Accounting Disputes Can’t Stall Admission: Supreme Court

The Supreme Court has held that a company’s profitability cannot shield it from insolvency proceedings once a financial debt and a default exceeding the statutory threshold are established.  The Bench of Justices Dipankar Datta and Augustine George Masih has clarified that admission of a financial creditor’s application under Section 7 of the Insolvency and Bankruptcy…