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Anil Ambani's Reliance Group starts transformation journey, achieves near zero-debt
Reliance Infra announced a significant reduction in standalone external debt, lowering it from Rs 3…
PTI
Millions of student-loan borrowers are about to lose a key safeguard that'll put their credit scores and debt relief at risk
The on-ramp period for student-loan borrowers is ending this month, meaning missed payments will no…
Ayelet Sheffey
Vedanta says talks of stake sale 'untrue and baseless'
Vedanta Ltd on Thursday termed any talks of sale in oil-to-metals conglomerate as "untrue and basel…
PTI
Why a debt-fueled US economy is facing a hard landing in 2025, chief economist says
"Once people do begin to lose their jobs, once the economy does begin to slow down, you already hav…
Filip De Mott
Various measures taken to reduce debt burden, strengthen economy: FM
To bring down the debt burden, the government has taken various measures like increasing the tax re…
PTI
RIL cuts net debt to $14.2 billion in Q2, guides for a ‘significant slowdown’ in capex intensity in 2024
Shares of Reliance Industries are down 10% this year, which is a significant underperformance compa…
Suzlon Energy Q2 profit up 81 pc to Rs 102 cr
Suzlon Energy on Thursday posted over 81 per cent rise in consolidated net profit to Rs 102.29 cror…
PTI
Emerging market debt woes may be easing as bond market rally drives frenzy of investor demand
Borrowing costs have fallen for many emerging markets countries, easing concerns of instability and…
Yuheng Zhan
Millions of student-loan borrowers could find out in the next 2 months if they will get Biden's debt relief. Here's what's at stake — beyond a reduction to balances.
The Supreme Court could rule by the end of June on Biden's student-loan forgiveness. The financial …
Ayelet Sheffey
Vedanta Resources pays $400 million debt, borrowings down to $6.4 billion
Vedanta's gross debt as of today stands at USD 6.4 billion, down from USD 6.8 billion at the end of…
PTI
Biden's promised economic agenda remains stalled, from student-debt relief to a minimum-wage hike and beyond
From student-loan relief to reversing Trump's tax cuts, Biden's 2020 economic agenda remains large…
Laura Italiano
Anil Agarwal makes 'zero debt' pledge, says 'very comfortable' servicing debt
Mining mogul Anil Agarwal has said his Vedanta group has ample cash flow to service all its debt re…
PTI
The Fed's balance sheet reductions have hit $1 trillion — but market enthusiasm for bonds has held off turmoil
Fears that the Fed's quantitative tightening program would drain bank liquidity have not panned out…
Filip De Mott
Tata Steel is on a gaining spree. Thanks to doubling profits, huge debt reduction, and hopes from the union budget
Shares of one of the largest steel manufacturers, Tata Steel, has surged 10% in the last five days …
Nearly 500 healthcare workers in Hawaii with student debt were just selected to have up to $100,000 of their loans paid off by the state
A Hawaii student-loan repayment program just selected 492 healthcare workers for debt relief as lon…
Ayelet Sheffey
Meet the typical student-loan borrower: a millennial woman with a $35,000 balance who wants debt relief
As millions of student-loan borrowers are once again entering repayment, here's what the average Am…
Ayelet Sheffey
The biggest victim of Fed rate hikes is the US government as interest on massive debt soars, billionaire investor Barry Sternlicht says
Higher rates mean the government has to pay more money to service its $33 trillion mountain of debt.
Aruni Soni
US companies are barreling towards a $1.8 trillion wall of maturing corporate debt
The mountain of corporate debt could weigh on investment and hiring plans by US corporations, Goldm…
Jennifer Sor
Vedanta Resources cuts gross debt by USD 1 billion
The firm's gross debt now stands at USD 6.8 billion, down from USD 7.8 billion at the end of March …
PTI
Student-loan borrowers keep running into hurdles as Biden's debt relief promises are piling up in court
Student-loan borrowers can't catch a break. A range of Biden's debt relief measures for targeted gr…