Industrialist Anil Ambani paid his dues to the Swedish telecom giant Ericsson one day before the Supreme Court deadline with the help of his brother and India's richest man Mukesh Ambani.

Individuals running their family business continuously face decisions about finances. While, some face decisions about expanding or finding the most appropriate source of funding, others constantly think about managing their cash flow.

Reliance Infrastructure's credit profile has improved with debt liability payoffs.

China on Monday pledged $60 billion of financial assistance to Africa and announced it would waive the debt for certain countries in the continent amid the mounting criticism and suspicion about Beijing's "debt diplomacy".

Priyanka Chopra is all set to tie knot with Nick Jonas in coming few months. The couple got engaged recently. But, before she becomes Mrs Jonas, a news report has claimed that her future father-in-law is under a huge debt.

The United Nation's Independent Expert on foreign debt and human rights, Juan Pablo Bohoslavsky, will pay an official visit to Sri Lanka in September at the invitation of the Sri Lankan government, the media reported on Friday. Bohoslavsky said his visit is aimed at collecting first-hand information and examining questions related to debt and other financial obligations from a human rights standpoint, Xinhua news agency reported.

Reliance Infrastructure (RInfra) on Wednesday said that it has completed the Rs 18,800-crore sale of its Mumbai integrated distribution business to Adani Transmission (ATL), which will help RInfra reduce its debt by nearly two-thirds to Rs 7,500 crore.

Karnataka plans to make a law to get waived the loans farmers and landless agricultural labourers took from moneylenders to provide them debt relief, said an official on Saturday.

The Central government plans to transfer the debt and non-core assets of the financially-strained national passenger carrier Air India to a special purpose vehicle (SPV), a senior Finance Ministry official said on Tuesday.

In the past Punjab National Bank had given a loan to ex-Prime Minister Lal Bahadur Shastri that was repaid by his widow.