US Supreme Court allows cities to ban homeless camps   https://www.bbc.com/news/articles/cj774nxrpy7o By Samantha Granville, The US Supreme Court has ruled in a 6-3 vote along ideological lines that cities can ban homeless people from sleeping rough.
It is the court's most significant decision on homelessness since at least the 1980s, when many experts say the modern US homeless crisis began. The ruling says that local governments can enforce laws against people sleeping in public places without being in violation of the US constitution's limits on cruel and unusual punishment.

Comment on WA: I suppose the saving grace is the part which says " without being in violation of the US constitution's limits ".. Note the words "without being" rather than "provided that".. I suppose we can expect such an enabling legislation to to be brought in in India.  And given the new laws which have come into force from today, the dark clouds abound! As it is, Olga Tellis has been diluted by work arounds by the administration, the police and the bulldozer backed up by hate propaganda.  

Homelessness is on the rise in the US, fuelled in part by chronic shortages of affordable housing. Around 653,000 people did not have homes in 2023, the largest number since tracking began in 2007, according to US government figures.
There were also an estimated 256,000 people living without shelter on a given night across the country last year, according to the Department of Housing and Urban Development.

https://m.economictimes.com/news/economy/finance/indias-external-debt-stands-663-8-billion-at-end-march-2024-rise-of-39-7-billion-from-year-before/articleshow/111261158.cms India’s external debt stands $663.8 billion at end-March 2024, rise of $39.7 billion from year before
SECTIONSIndia’s external debt stands $663.8 billion at end-March 2024, rise of $39.7 billion from year beforeET OnlineLast Updated: Jun 26, 2024..

If the valuation effect (due to the appreciation of the US dollar and yen vis a vis Rupees) were excluded, external debt would have increased by $48.4 billion instead of $ 39.7 billion.

Govt’s gross liabilities rise by 3.4% to Rs 171.78 lakh crore at March-end: Finance Ministry https://indianexpress.com/article/business/gross-liabilities-rise-by-3-4-march-end-finance-ministry-9421305/ 
The ownership pattern of central government securities indicates that the share of commercial banks surged to 37.7 per cent at end-March 2024 as compared to 36.6 per cent in March 2023.

https://in.investing.com/news/stock-market-news/indias-debtgdp-ratio-dips-to-187-per-cent-in-march-2024-4273630  India's debt-GDP ratio dips to 18.7 per cent in March 2024 from 19.0 per cent at end-March 2023 eflecting a strengthening of the country's macroeconomic fundamentals

Finance pe: https://heyzine.com/flip-book/c07b6b0fe3.html#page/2 - The strategy of heavy borrowing for growth through private investment has increased debt without achieving the intended econmic growth, potentially jeopardising future borrowing capacity for crises or large scale credit needs..

Comment on WA: Question arising if the privatisation of public assets like land, infrastructure is coincident with increased private debt both internally and externally,  what kind of pressure does it put on the valuation of currency, which has been shown to increase the external debt figures.. 

RBI red flags NBFC consumer credit, calls for close monitoring of a few https://www.business-standard.com/finance/news/rbi-red-flags-nbfc-consumer-credit-calls-for-close-monitoring-of-a-few-124062701063_1.html 

concerns

First, delinquency levels among borrowers with retail loans below Rs 50,000 remain high,  particularly ~ NBFC-fintech lenders,

Second, vintage delinquency, which is a measure of slippage, remains relatively high in personal loans at 8.2 per cent.

The third aspect,more than half of the borrowers in this segment have three live loans at the time of origination and more than one-third of the borrowers have availed more than three loans in the last six months.

From https://heyzine.com/flip-book/c07b6b0fe3.html  Share of Scheduled Commercial Banks has jumped from 47.5% In Dec 2018 to 55.1% in Mar 2024, Failure of any NBFC could produce shock waves for the banking secot.