Tag: Debt
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Understanding Vendor Debt Dynamics in India and the Philippines
Many street vendors rely on daily or weekly loans from moneylenders to finance working capital. Given the high interest rates, why do they not use a little bit of each day’s earnings to buy working capital, thus borrowing less? To explore this question, this article discusses three experiments that were conducted in India and Philippines,…
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Attractive Long-Term Debt Schemes in Banking and Finance
The latest 25 basis point (bps) repo rate cut by the Monetary Policy Committee (MPC) is expected to give a boost to longer-term debt schemes, said fund managers. And the good news is that fund houses have been attracting good money from investors that they can deploy. In October, debt funds had recorded their highest…
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Tragic Fallout: Man Gambles Rs 3 Lakh and Takes His Life Over Debt
DHARWAD: A man committed suicide by hanging himself from a tree at Mangalgatti village in Dharwad taluk after spending more than Rs 3 lakh that he had collected for a finance company on an online game and was unable to repay the money. The deceased is Basavaraj Sakrappa (28) of Mangalgatti. Basavaraj was working in…
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Goldman Sachs: Concerns Grow Over Rising AI Debt Amid Underwhelming Performance
Investor anxiety regarding the explosion of artificial intelligence-related debt is manifesting differently across investment-grade and high-yield markets, according to new research from Goldman Sachs. While big tech firms and emerging AI players have flooded the debt markets this year to fund a massive global data center build-out, the reception has cooled. AI-linked bonds are currently…