Wings Sold, Weight Kept: Pakistan’s PIA Privatisation Finalised, But Treasury Gets Just A Sliver | Exclusive

Wings Sold, Weight Kept: Pakistan’s PIA Privatisation Finalised, But Treasury Gets Just A Sliver | Exclusive

Last Updated:December 26, 2025, 01:55 IST Critics and sources close to the deal told News18 that the IMF pressure served as a convenient shield for the transaction While the winning consortium, led by Arif Habib Corporation, has committed to an additional investment of PKR 80 billion over five years, the immediate financial relief for the…

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Reliance Industries Gross Debt Rises 7 pc At Rs 3.47 Lakh Crore In FY25, Net Debt Hits Rs 1.17 Lakh Crore

Reliance Industries Gross Debt Rises 7 pc At Rs 3.47 Lakh Crore In FY25, Net Debt Hits Rs 1.17 Lakh Crore

New Delhi: Reliance Industries Limited’s (RIL) gross debt and net debt for the financial year 2024-25 stood at Rs 3.47 lakh crore (USD 40.7 billion) and Rs 1.17 lakh crore (USD 13.7 billion) respectively, according to the company’s integrated Annual Report 2024-25. The company had registered Rs 3.24 lakh crore in gross debt in FY24….

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Banks Didn’t Trap Us—We Did It to Ourselves: The Untold Story of India’s Debt Explosion

Banks Didn’t Trap Us—We Did It to Ourselves: The Untold Story of India’s Debt Explosion

New Delhi:India’s credit card debt has shot up to ₹2.92 lakh crore in just four years, and personal loans have jumped by 75%. But Monish Gosar, a Mumbai-based data scientist, says banks didn’t force anyone—people chose to borrow. “Banks didn’t trap us,” he writes. “They offered the rope. We tied the knots”. Gosar believes the…

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