Indias government is pushing state-owned steel, power and shipping firms to take over assets of private companies that have defaulted on loans, but faces resistance from them, leaving it scrambling to clear a US$135 billion pile of stressed loans from banks books. Over the past two years, Prime Minister Narendra Modis government has pushed banks…
Back in May, the Governments offered some suggestions to cut student debt from its current standing at $42 billion. They included lowering the individual HELP repayment threshold from $54,126 to around $40,000 and conducting a household means test (incorporating not just your income but potentially those you live with, such as parents or partners) to…
Indian government is pushing state-owned steel, power and shipping firms to take over assets of private companies that have defaulted on loans, but faces resistance from them, leaving it scrambling to clear a $135 billion pile of stressed loans from banks’ books. Over the past two years, Prime Minister Narendra Modi’s government has…
NEW DELHI: Indian government is pushing state-owned steel, power and shipping firms to take over assets of private companies that have defaulted on loans, but faces resistance from them, leaving it scrambling to clear a $135 billion pile of stressed loans from banks’ books. Over the past two years, Prime Minister Narendra Modi’s government has…
Desirée Ward shuttled between two Central Texas community colleges for five years, sometimes teaching seven writing and humanities courses in a single semester. The pay isnt great, and theres no health insurance or retirement plan. But she loves teaching, particularly to first-generation college students like herself, and shes had another reason to stic… Read the…
A few weeks ago, the Student Loan Ranger outlined some recently published regulations that were created to address the spate of large institutions suddenly closing. The point of these new regulations was twofold: to ensure that defrauded borrowers can access relief and to create a kind of early warning system so that families and the…
If you want to build a multi-property portfolio, it’s time to understand how to make other people’s money work for you. In an advertising campaign both bold and heart wrenching, UBank has questioned whether the Australian dream of home ownership is worth slaving for. In a 60-second film, six Australians diagnosed with a terminal illness…
The myth about debt management companies can save you from your debt is unlikely to be true. In fact, you may get out of your debt, but end up with your credit trash. If you certainly need car debt advice in Houston, then you definitely need the serious person behind to help you. FORT LAUDERDALE,…
November 21, 2016 2:34 pm EST By Ashlee Kieler@akieler paying up and sitting out Scheme Nelson Gamble and associates Jackson Hunter Morris & Knight debt relief debt credit card debt relief taking the money Four years after federal regulators shut down a debt relief operation that promised to help customers pay down credit card debt,…
With the steel ministry encouraging capacity enhancement in the domestic market to double per-capita consumption, lightening of companies debt burden is also a crucial requirement of the industry. Steel Secretary ARUNA SHARMA talks to Aditi Divekar about the ministrys plan to help the six most heavily indebted steel companies. Edited excerpts: Whats…