Multipronged package of adjustments to ease financing pressure of localities China will employ a package of targeted measures to further address local government debt this year, with a particular focus on accelerating the debt swap program, reforming local government financing vehicles and curbing the accumulation of new hidden debt, officials and analysts said. With the…
Perfios, a Bengaluru-based fintech SaaS firm, has announced the strategic acquisition of CreditNirvana, an AI-driven debt management and collections platform. The firm said the acquisition enhances its capabilities in collections and debt management, strengthening its end-to-end product stack. It recently announced the strategic acquisition of Clari5, a category leader in banking financial crime management, expanding…
A 42-year-old man from Gandhinagar has been arrested for allegedly murdering his wife and five-year-old son. The accused, Haresh Vaghela, reportedly committed the crime after accumulating a ₹4 lakh debt due to online gaming. According to The Times of India, the incident was discovered when an eight-year-old neighbor visited Vaghela’s residence in the Sargasan area…
(InvestigateTV) — A recent NerdWallet survey on sports betting found that in 2024, people said they spent an average of $3,284 dollars on gambling. Elizabeth Ayoola, a personal finance writer at NerdWallet, said the survey also found 65% of participants reported doing this to make extra money. A lot of people indicated they love to…
MUMBAI: B2B SaaS fintech Perfios has acquired CreditNirvana, an AI-driven debt management and collections platform. This acquisition will enhance Perfios’ capabilities in collections and debt management, strengthening its end-to-end product stack.CreditNirvana leverages AI and predictive analytics to automate the entire collections lifecycle, from early-stage delinquency management to legal recoveries. With lenders in India spending over…
Ahmedabad: Four days after he murdered his wife and 5-year-old son before slitting his wrist in Gandhinagar, Haresh Vaghela was arrested by the Infocity police on Sunday. The tragic episode, which unfolded amid a spiralling financial crisis, saw the 42-year-old allegedly commit these unspeakable acts after losing Rs 4 lakh in online gaming.Inspector V R…
(InvestigateTV) — A recent NerdWallet survey on sports betting found that in 2024, people said they spent an average of $3,284 dollars on gambling. Elizabeth Ayoola, a personal finance writer at NerdWallet, said the survey also found 65% of participants reported doing this to make extra money. A lot of people indicated they love to…
(InvestigateTV) — A recent NerdWallet survey on sports betting found that in 2024, people said they spent an average of $3,284 dollars on gambling. Elizabeth Ayoola, a personal finance writer at NerdWallet, said the survey also found 65% of participants reported doing this to make extra money. A lot of people indicated they love to…
A clerk counts renminbi yuan banknotes in Nantong, East China”s Jiangsu province. [Photo/IC] China will employ a package of targeted measures to further address local government debt this year, with a particular focus on accelerating the debt swap program, reforming local government financing vehicles and curbing the accumulation of new hidden debt, officials and analysts…
Sri Lanka signs $2.5b debt deal with Japan FRANCE 24 English Read the original article here