UK households have one of the highest debt levels in the world. Steadily increasing in the last two decades, the average total debt per household (including mortgages) is 65,619 as of August 2023. This is 34,644 per adult, or around 103.5% of average earnings. As indebtedness has steadily increased over the last two decades, household…
DetailsMore than 20 armed men stormed the head office of a bankrupt oil producer in East Siberia last week in the latest twist in a battle for control over a lucrative export project. Two videos distributed on Russian social media showed a group of armed men allegedly landing at the site by helicopter, searching and…
DetailsOtherwise good debtors who were affected by the pandemic could seek help Deputy Finance Minister Julapun Amornvivat attends a special cabinet meeting on Sept 6. (Photo: Chanat Katanyu) The Ministry of Finance plans to suspend debt payments for one year for certain small and medium-sized enterprises (SMEs) that faced unusual circumstances because of the pandemic.…
DetailsDebt consolidation is a form of debt restructuring that allows you to take out a single loan to pay off multiple others. (Old Mutual) Consolidating debts into a single loan can help you streamline your finances, but that approach will not be a quick fix to some of the underlying financial habits that is the…
DetailsThe National Company Law Tribunal (NCLT), Mumbai Bench comprising of Mr. Kishore Vemulapalli (Judicial Member) and Mr. Prabhat Kumar (Technical Member), dismissed a petition filed in TCL Cables Pvt. Ltd. vs. Shapoorji Pallonji & Company Pvt. Ltd. by TCL Cables Pvt. Ltd. (Operational Creditor) for initiation of Corporate Insolvency Resolution Process (CIRP) against Shapoorji Pallonji…
DetailsMore than 20 armed men stormed the head office of a bankrupt oil producer in East Siberia last week in the latest twist in a battle for control over a lucrative export project. Two videos distributed on Russian social media showed a group of armed men allegedly landing at the site by helicopter, searching and…
DetailsMore than 20 armed men stormed the head office of a bankrupt oil producer in East Siberia last week in the latest twist in a battle for control over a lucrative export project. Two videos distributed on Russian social media showed a group of armed men allegedly landing at the site by helicopter, searching and…
DetailsMore than 20 armed men stormed the head office of a bankrupt oil producer in East Siberia last week in the latest twist in a battle for control over a lucrative export project. Two videos distributed on Russian social media showed a group of armed men allegedly landing at the site by helicopter, searching and…
DetailsMore than 20 armed men stormed the head office of a bankrupt oil producer in East Siberia last week in the latest twist in a battle for control over a lucrative export project. Two videos distributed on Russian social media showed a group of armed men allegedly landing at the site by helicopter, searching and…
DetailsMore than 20 armed men stormed the head office of a bankrupt oil producer in East Siberia last week in the latest twist in a battle for control over a lucrative export project. Two videos distributed on Russian social media showed a group of armed men allegedly landing at the site by helicopter, searching and…
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