Tag: Financial Crisis
Karnataka Faces Financial Deadlock As Debt Crosses Rs 2 Lakh Crore And Borrowing Window Closes
The Karnataka Congress Government is staring at a deepening financial crisis, caught between the enormous burden of its five guarantee schemes, dwindling revenue collections, and a borrowing ceiling that has now been exhausted. With no room left to raise additional loans for the next four… Read More
The Story Of Himachal’s Financial Crisis: Reckless Spending, Delayed Salaries, Unfulfilled Promises
The politics of freebies has become a dominant theme in recent elections, frequently raising concerns about its impact on the fiscal stability of states. While these incentives serve as a means to attract voters, their long-term consequences reveal serious financial challenges. Himachal Pradesh, in particular,… Read More
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PMC Bank Financial Crisis To Be Sorted By RBI Says Bombay HC
Due to the financial crisis of the PMC bank, on 23 September, the RBI imposed a regulatory restrictions on the PMC Bank for next six months over present situation of the alleged monetary crisis. The withdrawal of money has been restricted for account holders, it… Read More
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Crorepati Mother Sells Chole-Kulche On Roadside
