Jessica Wright is considering shifting her credit card debt to a balance transfer card with zero interest after a blowout over Christmas plunged the family finances into the red. The Brisbane-based woman is facing a predicament shared by many Australians the nation collectively spent about $30 billion on credit cards in December. Australians spent about $30 billion…
The Supreme Court on Wednesday said that the it will decide on Reserve Bank of Indias plea seeking to start insolvency proceedings against JAL on the next date, February 5, and that the central bank should not act on it, legal sources said. It also ordered that the parent company Jaiprakash Associates (JAL) to submit…
Shares of Magma Fincorp gained 3.5 percent intraday Wednesday as IIFL initiated coverage on the stock with buy rating for a target at Rs 220 per share. The firm believe that the companys business performance is at an inflexion point. The larger part of business restructuring is complete, while the disbursements growth is gradually improving,…
January 10, 2018 Sir, David Pilling draws attention to the overwhelming case for Somalia to receive debt relief (Somalia calls for acceleration of debt forgiveness to help fight terrorism, January 8). Of one thing we can be certain: without a clearance of debt arrears, Somalia will remain trapped in a cycle of drought, poverty and…