Total debt of the country increased to Rs 205 lakh crore in July-September, coal production crossed one billion tonnes.

The total debt of the country increased to Rs 205 lakh crore in the July-September quarter of the current financial year. The total debt in the January-March quarter of the last financial year was Rs 200 lakh crore. Indiabonds.com co-founder Vishal Goenka, quoting RBI data, said the Centre's debt stood at Rs 161.1 lakh crore in the July-September quarter. It was Rs 150.4 lakh crore in the March quarter. The Center has the highest amount of Rs 161.1 lakh crore i.e. 46.04 percent of the total loan. After this, the share of state governments in debt is 24.4 percent i.e. Rs 50.18 lakh crore.

48 percent people trust online for shopping
48 percent of the people in the country rely on online for personal shopping. Of these, 44 percent use online banking for financial transactions. According to the latest survey of Home Credit India, the trend of taking loan based on needs has changed since 2021. In 2023, 44 percent people will have taken loans for everything from running the house to buying smartphones and home appliances. Although consumer durable loans declined by 9 per cent, business-related loans increased by 5 per cent.

Youth from small towns are taking online loans
According to the survey, online loans are mainly being taken by the youth of small towns. Cities like Dehradun (61 percent), Ludhiana (59 percent), Ahmedabad (56 percent) and Chandigarh (52 percent) are prominently included in this. Ashish Tiwari, chief marketing officer, Home Credit India, said the survey also emphasizes the need for awareness about data privacy.

Refusal to lift ban on 11 parties in front-running case
Market regulator SEBI on Wednesday refused to lift the ban imposed on 11 parties in the securities market in the 'front-running' case. Also said, detailed investigation is going on in the matter. Sebi whole-time member Ananth Narayan Ji said the pleas of the noticees are not sufficient to rebut the findings made in the interim order. Front-running trading is an illegal practice in the stock markets in which a person transacts shares based on advance information received from a broker or analyst.

Jio and Airtel added 48 lakh mobile customers
Reliance Jio added 34.7 lakh mobile subscribers in September. The number of Airtel customers increased by 13.2 lakh. According to monthly data of market regulator TRAI, the number of mobile subscribers of Vodafone Idea declined by 7.5 lakh to 22.75 crore. agency

Relief to Kishore Biyani in insider trading case
Future Retail chairperson Kishore Biyani has got a big relief. The Securities Appellate Tribunal (SAT) on Wednesday set aside SEBI's order barring Biyani and other promoters from the securities market for one year in the insider trading case. agency

Coal production will cross one billion tons
The country's coal production is expected to cross one billion tonnes during 2023-24, Coal Minister Prahlad Joshi said on Wednesday. He said, the demand for electricity may increase by double by 2030.