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Artist repays parents’ 23 crore debt through teaching calligraphy

Chen Zhao, a Wuhan-based calligrapher, used his passion for traditional Chinese calligraphy to clear his parents' massive ₹23 crore debt in just seven years. 

In 2017, Chen left France and returned to China after his family's factory closed.(Representational Image/Pexel)
Updated on Apr 06, 2025 11:56 AM IST
BySimran Singh

Indian man burdened with 40 lakh loan after failing to land a job in US

An Indian graduate shared his debt struggles after failing to secure a US job post-study, leaving him with a ₹40L loan.

An Indian graduate shared his US education loan struggle on Reddit.(Representational image/Unsplash)
Published on Mar 30, 2025 02:00 AM IST

42-year-old salaried man struggles with 62 lakh debt after stock market losses

A salaried man shared his struggles with a ₹62 lakh debt after losing money in stock market trading, leaving him with only ₹20,000 for household expenses.

Despite earning <span class='webrupee'>₹</span>1.5 lakh monthly, he said EMIs take up most of his salary.(Pexel)
Published on Mar 28, 2025 02:44 PM IST
BySimran Singh

As Tata Steel cuts jobs in Welsh town, an actor pays off 900 people's debts

Hollywood actor Michael Sheen has used £100,000 of his own money to eliminate £1 million in debt for 900 people in South Wales. 

Michael Sheen writes off £1 million worth of debt of 900 people.
Published on Mar 09, 2025 11:42 AM IST

Trump wants to kill $52.7 billion semiconductor chips subsidy law

The act, praised by officials for boosting U.S. manufacturing, has faced scrutiny as Trump's administration reviews funding agreements

President Donald Trump stated that U.S. Congress ought to repeal a historic 2022 bipartisan law that provides $52.7 billion in subsidies for the creation and manufacturing of semiconductor chips, with the money raised going towards debt repayment.(AFP)
Published on Mar 05, 2025 10:32 AM IST
Reuters |
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