The news on Wednesday that inflation rose again in May was a painful reminder for millions of Americans who have felt the financial burden caused by higher prices. While the rise month-over-month was just 0.1%, it was yet another step in the wrong direction, particularly considering that the goal of a 2% inflation rate is now further out of reach. Inflation is still down from the over 9% range it was…

Concerns about high debt levels can affect entire families, and children growing up in financially stressed households are more likely to inherit poor financial habits and anxiety about money.

This is according to the National Debt Counsellors’ Association (NDCA), which represents South Africa’s largest and most experienced debt counsellors, and wants South Africans to deal positively with their burden of debt.

NDCA member data shows that the most financially stressed age group is 35 to 54, typically the age of parents with school-going or university-aged children. Seventy-seven percent of respondents aged between 35 to 44, and 76 percent of those between 45 and 54, reported feeling anxious or stressed about finances.

NDCA…

Mumbai: The National Company Law Tribunal (NCLT), on June 10, admitted an insolvency resolution application against Manohar Lal Gupta, the personal guarantor of Parenteral Drugs (India) Limited (PDIL), for a default of Rs 317.83 crore. The application was filed by National Asset Reconstruction Company Limited (NARCL) under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016.

As per the case details, the matter pertains to guarantees extended by M. L. Gupta for loans taken by PDIL from State Bank of India (SBI) and Punjab National Bank…

You don’t have permission to access “http://www.telegraph.co.uk/politics/2025/06/11/day-britain-went-bankrupt-but-at-least-big-ange-smile-about/” on this server.

Reference #18.b1052017.1749654938.425d3e9

https://errors.edgesuite.net/18.b1052017.1749654938.425d3e9