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`Pakistan State Oil near bankruptcy due to energy debt crisis`

Continuous cash flow problems due to a debt crisis in the energy sector has brought Pakistan`s only ...

CAG pulls up J&K Govt for debt pile growing to Rs 36,267 crore

Pulling up the Jammu and Kashmir government for its debt situation, the Comptroller and Auditor Gene...

People want me to repay India’s debt: Narendra Modi

In what could be construed as a loaded statement, Narendra Modi said on Thursday that the people of ...

Upper castes poor should not get any quota: JD(U)

Anna Hazare claimed to have sufficient proofs of alleged irregularities committed in the farmers`s l...

USD 13 billion rescue package for Cyprus

The euro zone finance ministers on Saturday reached a deal on a 10 billion-euro (13 billion dollars)...

No misappropriation of funds in farm debt waiver scheme: Pawar

Sharad Pawar said the CAG audit findings of shortcomings in the farm debt waiver scheme were based o...

CAG punches holes in UPA’s farm debt waiver scheme

The CAG has found number of shortcomings in the implementation of the Rs 52,000 crore farm debt waiv...

UP debt estimated to cross Rs 2.3 lakh cr in 2013-

The state`s debt burden is estimated to cross Rs 2.3 lakh crore in the financial year 2013-14.

BJP demands CBI probe into farm loan waiver scheme `scam`

BJP on Sunday demanded a CBI probe into the alleged scam in the Centre`s 2008 loan waiver scheme for...

‘I will not play that game’: Obama warns GOP on debt ceiling

President Barack Obama has launched a ‘double-pronged’ appeal in his latest bid to court business le...

Indian-American agrees to settle threatening charges

An Indian American is accused of using call centres in India to make threatening debt collector call...

Debt-ridden youth held for sending threat SMSes to employer

Unable to settle the debts from his salary, a 19-year-old youth sent threatening SMSes and letters t...

Kerala seeks PM help on Somali hostage issue; debt package

CM Oommen Chandy said the PM has responded positively to most of the demands put forward by the stat...

Dutch vote in an election crucial for debt crisis

Dutch voters are set to elect a new parliament Wednesday.

US national debt crosses USD 16 trillion

The US national debt crossed all time high of USD 16 trillion on the day the Democratic Party kicked...

WB`s debt burden at Rs 2,08,382 cr till Mar`12

West Bengal Finance Minister Amit Mitra said the state government has a debt burden of Rs 2,08,382.5...

West Bengal not begging to Centre: TMC

Mukul Roy on Thursday said West Bengal was not "begging" and only raising a "justified demand" with ...

Mamata`s coercive tactics to help Punjab: Badal

If the Centre succumbs to the "coercive tactics" of Mamata on the issue debt waiver to West Bengal, ...

Farmer commits suicide over failure to repay debt

A 45-year-old farmer allegedly committed suicide over rising debt in Keshav village, police said.

Debt drives three more Vidarbha farmers to suicide

Driven to desperation in the face of rising poverty and falling cotton prices, three more debt-ridde...

Japan to waive Myanmar`s USD 3.7bn debt: Report

Japan is to waive Myanmar`s 300 billion yen (USD 3.7 bn) debt and plans to resume suspended assistan...

Greece eyes elections after debt deal

Greek Finance Minister formally submitted his candidacy to lead the Socialist PASOK party.

Russia writes off $11 bn in Afghan debt

Russia also provides humanitarian aid to Afghanistan - more than 40,000 tonnes of wheat flour and ot...

Slovenia votes under cloud of eurozone debt crisis

Slovenians voted in snap elections with centre-left Prime Minister Borut Pahor expected to become th...

Merkel, Cameron to meet amid growing friction

Angela Merkel will host Prime Minister David Cameron for talks Friday amid growing friction over how...

Italy`s Monti aims to stay until 2013

PM-designate Mario Monti will Tuesday meet the leaders of Italy`s biggest two parties to discuss the...

Berlusconi won`t run for next elections

Once Berlusconi resigns, Italian President Giorgio Napolitano will begin political consultations to ...

Greek PM wins cabinet backing on referendum

The Greek government said the referendum would take place as soon as possible on a European Union de...

Greece to hold referendum on new debt deal

Greece`s Prime Minister George Papandreou on Monday said his troubled country will hold a referendum...

Greek PM cancels US trip as debt crisis deepens

Papandreou was in London, en-route to United Nations and IMF meetings, when he decided to turn back.

Troubled Spain amends constitution to limit debt

Spain is struggling to recover from nearly two years of recession prompted largely by the collapse o...

US will never default on debt: Biden

Chinese officials criticised the recent political row in the US over the recent downgrade of the cou...

Three debt-ridden farmers end life in MP

Three debt-ridden farmers committed suicide in the last 24 hours in neighbouring Buldana district ...

US a ‘parasite’ on the world economy: Putin

The US spends beyond its means and "lives like a parasite off the global economy", Russian PM said.

Chinese media attack US over debt battle

Chinese media warned that lawmakers could depress the value of the dollar.

US debt ceiling row: Obama appeals for compromise

Democrats and Republicans clashed over rival plans to slash spending and increase borrowing despite ...

US House to hold symbolic debt vote today

Defying a White House veto threat, US lawmakers vote Tuesday on a "Tea Party"-backed plan requiring ...

EU calls emergency meeting as crisis stalks Italy

European Council President Herman Van Rompuy has called an emergency meeting of top officials to dis...

Obama, lawmakers still divided over debt deal

President Obama and lawmakers are due to again on Monday over the debt deal.

Portugal unveils cabinet to fight debt crisis

Portugal`s new Prime Minister Pedro Passos Coelho unveiled a slimmed-down cabinet and appointed se...

Greek PM reshuffle plan in doubt as deputies quit

A string of parliamentary resignations threw Greek PM`s plan to reshuffle cabinet into disarray.

Obama warns on debt at Merkel talks

US President warned Europe`s debt crisis must not destabilize the global economy.

Outstanding debts include period of AIADMK rule: Karuna

Hitting back at his archrival and AIADMK chief Jayalalithaa for her criticism on outstanding debts,...

Amarinder pushed Punjab in debt trap: Sukhbir

Deputy CM Sukhbir Singh Badal mounted a fresh attack on the Congress over its charges that the Badal...

Irish premier won`t quit over Ireland debt crisis

Cowen said he was confident of winning the secret-ballot vote.

Sudan’s President offers to relieve south of debt

It appears to be a goodwill gesture from Omar al-Bashir toward the south.

Pakistan owes $53 bn foreign debt

Pakistan is under the burden of more than $53 billion foreign debt despite the repayment of over $6 ...

Kalawati`s debt-ridden son-in-law commits suicide

Son-in-law of Kalawati Bandurkar, a widow who became the face of farmers` distress in Congress lea...

Kerala govt announces debt-relief to fishermen

Kerala govt announced a debt relief to the tune of Rs 254 crores to fishermen.

Fans wary as Manchester United prepare to pay debt

Manchester United fan groups expressed concern on Tuesday after it emerged the club was set to pay o...

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