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debt news

Chandigarh: Man hangs to death over online gaming debt

The victim had messaged his sister before hanging himself, officials said. (HT File)
Published on Jun 26, 2026 04:40 am IST

'We are barely staying afloat': 21-year-old shares parents’ 70 lakh debt story

A 21-year-old’s Reddit post reveals his family’s 70 lakh debt.
Published on Jun 19, 2026 05:18 pm IST

Indian-American donor stuns NC State graduates by paying off final-year loans

Anil Kochhar promised loan wipe-off in honour of his father, Prakash Chand Kochhar
Updated on May 11, 2026 06:00 pm IST

Indian woman in the US reveals how she cleared $100,000 student loan in one year

An Indian woman revealed she cleared a $100,000 education loan in one year with discipline, support, and strong financial focus.
Published on Apr 12, 2026 11:59 am IST

Industrial, agri revolution need of the hour: Chugh

Punjab is under debt and certainly not in sync with the nation’s progress, Bharatiya Janata Party (BJP) national general secretary Tarun Chugh said on Wednesday, adding that agricultural revolution is the need of the hour.
Published on Mar 12, 2026 07:58 am IST

Man rejects 7 LPA campus job for US Masters, ends up with 40 lakh loan

A man recounted how a friend skipped a 7 LPA offer to study in the US, faced job struggles.
Published on Feb 17, 2026 10:39 am IST

US govt collecting public donations to reduce $38 trillion national debt?

The US Treasury Department building in Washington, DC.
Published on Feb 16, 2026 07:30 am IST

Texas woman cosigned $10K bike loan for ex who vanished. How to protect credit?

Irrespective of whether a person is a cosigner, a loan repayment default will impact their credit score as well. Image for representational purposes.
Published on Feb 13, 2026 10:12 am IST

AAP pushing state towards financial emergency: SAD

NK Sharma said besides being declared bankrupt, the state would not be able to even pay salaries to its employees. (HT Photo for representation)
Published on Jan 21, 2026 04:38 am IST

17-year-old son pays off mother's 12 lakh debt, emotional video wins internet

Social media users praised the teenager’s love and gratitude for his mother.
Published on Jan 06, 2026 12:00 am IST

Latur man fakes own death, kills another for 1 crore insurance payout

Cops further added that Chavan picked up 50-year-old Govind Kishan Yadav who had sought a lift till Ausa Fort in an inebriated condition.
Updated on Dec 16, 2025 04:54 am IST

‘Went from 40,000 to 1.3 lakh’: Man says he's ‘broke’ despite salary jump

Despite a salary jump, the man said he feels stuck in the “middle-class trap".
Published on Sept 04, 2025 11:46 am IST

36-year-old man dies by suicide after killing his 3 daughters in Tamil Nadu

A 36-year-old man died by suicide after murdering his three daughters with a sickle on Monday night in Tamil Nadu’s Namakkal district (File photo)
Published on Aug 06, 2025 09:30 am IST

25-year-old man dies by suicide in Ambernath

"The two most replicated, robust factors linked to suicide are economic change — downturn — and social disconnection," says Dr. Roger McIntyre, professor of psychiatry at the University of Toronto. And both factors, he notes, are major hallmarks of the COVID-19 pandemic. (Getty Images)
Published on Jul 15, 2025 09:24 am IST

UP man ends life on FB live after teary appeal: ‘Can't afford kid's insulin'

In an emotional appeal, the man said he could no longer bear the pressure of outstanding debts.
Published on Jul 10, 2025 06:26 pm IST

Woman uses ChatGPT to slash 10 lakh credit card debt in 30 days

Allan thought of using AI to give her the “momentum” to pay off the credit card debt.
Published on Jul 01, 2025 10:34 pm IST

Sharp rise in India's per capita debt of individual borrowers in last two years

The report also flagged a concerning trend of increasing loan-to-value (LTV) ratios.
Published on Jul 01, 2025 05:42 pm IST

Elon Musk's xAI to raise $5 billion despite weak investor demand

Apart from selling debt, xAI has also been in talks to raise about $20 billion in equity.
Published on Jun 18, 2025 08:50 am IST

35-year-old man rejects work and marriage, lives alone in cave: 'A waste of time

Min Hengcai exchanged his land with a fellow villager to gain access to a cave nearby where he now lives.
Updated on Jun 12, 2025 12:49 pm IST

Pakistan's debt increases to PRs 76,000 billion

Finance Minister Aurangzeb placed Pakistan’s recovery within the broader global context, noting that the global GDP growth has reached 2.8 per cent.
Published on Jun 09, 2025 10:38 pm IST

Moody’s downgrades US credit ratings from AAA to AA1: What does it mean?

Moody's downgraded US debt on Friday
Updated on May 17, 2025 04:53 am IST

‘Over $100,000 loan, working at McDonald’s: Student says he’s ‘exhausted, broke’

The student shared that despite applying for jobs many times, he still doesn't even get a revert.
Published on May 14, 2025 01:02 am IST

Artist repays parents’ 23 crore debt through teaching calligraphy

In 2017, Chen left France and returned to China after his family's factory closed.
Updated on Apr 06, 2025 11:56 am IST

Indian man burdened with 40 lakh loan after failing to land a job in US

An Indian graduate shared his US education loan struggle on Reddit.
Published on Mar 30, 2025 02:00 am IST

42-year-old salaried man struggles with 62 lakh debt after stock market losses

Despite earning 1.5 lakh monthly, he said EMIs take up most of his salary.
Published on Mar 28, 2025 02:44 pm IST

As Tata Steel cuts jobs in Welsh town, an actor pays off 900 people's debts

Michael Sheen writes off £1 million worth of debt of 900 people.
Published on Mar 09, 2025 12:30 pm IST

Trump wants to kill $52.7 billion semiconductor chips subsidy law

President Donald Trump stated that U.S. Congress ought to repeal a historic 2022 bipartisan law that provides $52.7 billion in subsidies for the creation and manufacturing of semiconductor chips, with the money raised going towards debt repayment.
Published on Mar 05, 2025 10:32 am IST

US removing unpaid medical bills from credit reports| All you need to know

The US government agency's new rule bans all outstanding medical bills from appearing on credit reports. (Representative Image)
Published on Jan 08, 2025 01:48 am IST

US woman says Indian students doing masters in US are falling for a scam

A Reddit user, a 26-year-old American woman, shared concerns about Indian students pursuing Master's degrees in US.
Published on Nov 16, 2024 06:04 pm IST

China unveils new ‘hidden debt’ scheme for local governments

Policymakers approved a proposal to swap six trillion yuan ($840 billion) of hidden debt belonging to local governments for official loans with more favourable terms.
Published on Nov 10, 2024 09:58 am IST