Strengthening Discom Finances: Privatisation, debt relief, market access emerge as long-term solutions

India’s discoms have shown measurable improvement in their aggregate financial performance in FY 2025. For the first time, the sector recorded a positive profit after tax (PAT) on an accrual basis. The average cost of supply-average revenue realised (ACS-ARR) gap has also narrowed significantly, while payment cycles of discoms have shortened. However, these gains have…

Auto-Lender Settlement Provides $8.5 Million in Minnesota Relief

Minnesota consumers could receive more than $8.5 million in refunds and debt relief through a nationwide settlement with subprime auto lender Credit Acceptance Corporation. Minnesota Attorney General Keith Ellison and attorneys general from 40 other states accused the company of arranging unaffordable loans and financing expensive add-on products without customers’ knowledge. The settlement requires Credit…

Bramley: Workshops offer debt and benefits support

Are you struggling with housing issues, debt, benefits or managing your health online? West Leeds residents can benefit from a new series of workshops being run by Barca in collaboration with the Better Leeds Communities team. The workshops are free and open to anyone who might benefit. The workshops provide advice, guidance and practical support. The next workshop will…

DAR 2027 Budget Pivots From Debt Relief To Farm Viability

With the bulk of its historic agrarian debt-condonation work completed, the Department of Agrarian Reform (DAR) is positioning its PHP16.94-billion proposed 2027 budget toward the next challenge: helping beneficiaries turn debt-free land into productive and sustainable farms. Agrarian Reform Secretary Conrado Estrella III told a Senate budget hearing Thursday that DAR has completed the processing…

TCA secures Accredited Debt Relief media account

TCA will oversee media strategy, planning and investment as the debt relief provider expands its national media presence. Accredited Debt Relief has appointed TCA, Omnicom Media’s national full-service performance media agency, as its media agency of record in the U.S.  The appointment is Accredited Debt Relief’s first media AOR relationship. It followed a competitive review…