BT Explainer: Tax free G Secs for FIIs: Can the move help bridge India’s ₹4.76 lakh cr funding gap?

In a major policy push to attract overseas capital, the Centre has exempted foreign investors from paying taxes on interest income and capital gains earned from investments in Indian government securities (G-Secs). The move, coupled with RBI measures to boost dollar inflows, is aimed at strengthening India’s external position at a time of rising geopolitical…

Quick relief or debt trap?

• Nigerians narrate risks of quick loan apps By Kehinde Aderemi Nigerians are going through a lot these days. With the advent of the fast-growing digital lending sector, cases of harassment and increasing interest rates from lenders and managers of online loan apps and the need to regulate their activities have continued to generate concern…

SALT Savings Group Helps Debt-laden Farmer

Hime from Cambodia usually worked as a hired hand for other farmers, but in 2023, she decided to rent land and try to earn more by planting cassava and managing the fields herself. She didn’t have enough cash on hand to buy pesticides and fertilizers, so she bought them on credit. She harvested the cassava…

Debt Support National Deploys AI System to Standardize Debt Relief Analysis

Debt Support National has officially launched an automated financial analysis system designed to streamline data processing for consumer debt management strategies, the company announced June 2 from its Kansas City headquarters. The newly integrated platform uses structured algorithms to evaluate consumer files, providing real-time data modeling for individual financial profiles without the need for manual…