financial crisis

  • Tragic Suicide of National-Level Kabaddi Player in Nagpur Following Broken Job Promises and Harassment

    Tragic Suicide of National-Level Kabaddi Player in Nagpur Following Broken Job Promises and Harassment

    Dec 09, 2025 02:55 pm CST

    A 29-year-old national-level kabaddi player from Nagpur tragically ended her life after her husband failed to fulfill his pre-marriage promise of securing her employment. Facing financial hardship and alleged mental harassment, Kiran Suraj Dadhe consumed poison on December 4 and passed away three days later. Police have filed a case under Section 108 of BNS against her husband for abetment of suicide.

  • Gaza

    Gaza's Cash Crisis: Palestinians Face Empty Banks Despite Ceasefire and Reopened Financial Institutions

    Oct 31, 2025 04:00 pm CST

    Despite the recent ceasefire in Gaza and the reopening of banks, Palestinians are struggling with a severe cash shortage as Israel continues blocking banknote transfers. Residents face exorbitant fees from merchants offering to cash electronic salaries, with rates reaching 40%. The financial crisis compounds existing hardships for a population already devastated by two years of conflict, loss of homes, and depleted savings.

  • Karnataka Transport Corporations Face 900 Crore Shortfall Under Shakti Scheme: NWKRTC Chairman Seeks Urgent Government Action

    Karnataka Transport Corporations Face 900 Crore Shortfall Under Shakti Scheme: NWKRTC Chairman Seeks Urgent Government Action

    Oct 22, 2025 05:38 pm CST

    Karnataka's road transport corporations are facing severe financial challenges with NWKRTC chairman Raju Kage highlighting a 900 crore shortfall under the women's free travel Shakti scheme. With consolidated liabilities reaching 6,330 crore across all corporations, Transport Minister Ramalinga Reddy outlines government assistance including 500 crore in loans and 700 new buses worth 350 crore for NWKRTC.

  • Zoho Founder Warns of Massive US Market Bubble and Potential Financial Crisis

    Zoho Founder Warns of Massive US Market Bubble and Potential Financial Crisis

    Oct 19, 2025 01:42 pm CST

    Zoho's co-founder Sridhar Vembu agrees with former IMF Chief Economist Gita Gopinath about a massive US stock market bubble, warning that high leverage could trigger a 2008-style financial crisis. Vembu points to rising gold prices as a warning signal of systemic financial risk, while Gopinath cautions that a market correction would have severe global consequences due to record exposure to US equities.