Australian Billionaires' Wealth Soars by $10.5bn in a Year, Oxfam Demands Tax Reforms

January 19, 2026

Australian Billionaires' Wealth Soars by $10.5bn in a Year, Oxfam Demands Tax Reforms

Australian billionaires earned an average of $600,000 daily, adding over $10.5bn collectively last year. Oxfam calls for ending tax breaks like negative gearing and capital gains discount to reduce inequality.

Trump’s New Tariff Threat Sparks Economic Uncertainty and Inflation Fears, IMF Warns

January 18, 2026

Trump’s New Tariff Threat Sparks Economic Uncertainty and Inflation Fears, IMF Warns

Donald Trump’s latest tariff plan threatens trade with Europe and risks rising inflation in the US. The IMF calls this “uncertainty the new normal,” warning of economic headaches and market shocks ahead.

Telangana Battles Rising Debt Interest, Posts ₹9,601 Cr Revenue Deficit Mid-Fiscal

January 18, 2026

Telangana Battles Rising Debt Interest, Posts ₹9,601 Cr Revenue Deficit Mid-Fiscal

Telangana's revenue stands at ₹1.24 lakh crore, reaching just over half its yearly target. Borrowings and debts weigh heavily, with interest payments exceeding ₹21,000 crore, pushing the State into a ₹9,601 crore revenue deficit.

Paddy Farmers Face Loan Denial as CIBIL Scores Drop Due to PRS Loan Confusion

January 17, 2026

Paddy Farmers Face Loan Denial as CIBIL Scores Drop Due to PRS Loan Confusion

Paddy farmers in the State are struggling to get bank loans. Their CIBIL scores are dropping because the government’s paddy procurement payments are treated as loans, causing credit troubles.

ED raids Piyush Group over ₹600 crore real estate scam involving 2,000 homebuyers

January 17, 2026

ED raids Piyush Group over ₹600 crore real estate scam involving 2,000 homebuyers

Enforcement Directorate searched Piyush Group and associates for a ₹600 crore real estate fraud in Haryana and Rajasthan. Over 2,000 homebuyers were cheated. The scam includes forged documents and unfinished projects under insolvency.