borrowing

  1. Power Grid Corp board approves plan to increase borrowing limit to Rs 15k crore for FY25

    Power Grid Corp board approves plan to increase borrowing limit to Rs 15k crore for FY25

    New Delhi: State-owned Power Grid Corporation's board on Wednesday approved a proposal to increase the borrowing limit for 2024-25 from Rs 12,000 crore to Rs 15,000 crore through various instruments.The board has also fixed the borrowing limit for 2025-26 at Rs 16,000 crore.The Board of...
  2. Kerala Finance Minister Balagopal meets Sitharaman; wants special package

    Kerala Finance Minister Balagopal meets Sitharaman; wants special package

    New Delhi: Kerala Finance Minister KN Balagopal on Thursday met Union Finance Minister Nirmala Sitharaman and made several demands, including a special package and allowing higher borrowings for the state.A detailed memorandum on the state's demands was presented to Sitharaman.In the...
  3. Pak government's borrowing is higher than in the last two financial years

    Pak government's borrowing is higher than in the last two financial years

    Karachi [Pakistan], In a fiscal year marred by record borrowing and rising debt servicing costs, the Pakistani government faces substantial financial challenges as it navigates through economic uncertainties and inflationary pressures, Dawn reported."Government borrowing in the first 11 months...
  4. Approve Chennai Metro Rail Phase 2 project and allocate funds: TN Finance Minister

    Approve Chennai Metro Rail Phase 2 project and allocate funds: TN Finance Minister

    Thennarasu, speaking at the pre-budget meeting of state Finance Ministers convened by Sitharaman in Delhi, said that Phase 2 of the Chennai Metro Rail was announced by the Union Finance Minister in his 2021 budget speech. 22 as a central sector project for Rs 63,246 crore."While this project...
  5. Announce special package of Rs 24 thousand crore for Kerala: Minister Balagopal tells Center

    Announce special package of Rs 24 thousand crore for Kerala: Minister Balagopal tells Center

    New Delhi/Thiruvananthapuram, Kerala Finance Minister K N Balagopal on Saturday urged the Center to announce a special package of Rs 24,000 crore for the southern state in the Union Budget 2024-25 "to overcome the current tension liquidity" that the state faces.Balagopal made the request at...
  6. Indian agriculture prospects are brightening: RBI monthly bulletin

    Indian agriculture prospects are brightening: RBI monthly bulletin

    New Delhi [India], Indian agriculture prospects are brightening with the early arrival of the south-west monsoon, according to the monthly bulletin released by the Reserve Bank of India (RBI) on Wednesday.RBI highlighted that the early arrival of south-west monsoon will boost agricultural...
  7. Pakistan's debt burden and fiscal challenges: report

    Pakistan's debt burden and fiscal challenges: report

    ISLAMABAD [Pakistan], In recent years, Pakistan has seen a rapid increase in its debt stock, coupled with a worrying increase in debt payments, putting huge pressure on the national budget, a report published in Dow said. The government is grappling with an intractable problem. The high fiscal...
  8. REC Board approves increase in foreign borrowing limit to US$24 billion

    REC Board approves increase in foreign borrowing limit to US$24 billion

    New Delhi: State-owned REC Ltd on Friday said its board has approved increasing the limit for borrowing in foreign currency from US$20 billion to US$24 billion.The total borrowing limit in Indian rupees has been maintained at Rs 6 lakh crore, the company said in an exchange filing.At its...
  9. Center approves Rs 21,253 crore to deal with Kerala's economic crisis

    Center approves Rs 21,253 crore to deal with Kerala's economic crisis

    New Delhi [India], Prime Minister Narendra Modi has come forward to assist Kerala to bail out the state from the economic crisis as the Center has approved borrowing of up to Rs 21,253 crore, Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar said. Took. In a post...
  10. BJP leader raises 'fiscal concerns' over Telangana government borrowing in meeting with Finance Minister Sitharaman

    BJP leader raises 'fiscal concerns' over Telangana government borrowing in meeting with Finance Minister Sitharaman

    New Delhi, Telangana BJP Vice President NVSS Prabhakar on Monday expressed concern over the financial management of the Congress government in Telangana to Union Finance Minister Nirmala Sitharaman and accused it of unsustainable borrowing.At a meeting, Prabhakar apprised Sitharaman of the...
  11. Net borrowing limit: Supreme Court assures Kerala to list its case before Constitution bench

    Net borrowing limit: Supreme Court assures Kerala to list its case before Constitution bench

    New Delhi: The Supreme Court on Tuesday assured the Kerala government that its suit against the Center raising the issue of cap on net borrowing will be considered for listing before a five-judge Constitution bench.A bench of Justices Sanjiv Khanna and Dipankar Dutta took note of the arguments...
  12. Limit on net borrowing: Supreme Court assures Kerala to file case before Constitution bench

    Limit on net borrowing: Supreme Court assures Kerala to file case before Constitution bench

    New Delhi: The Supreme Court on Tuesday assured the Kerala government that its suit against the Center raising the issue of cap on net borrowing will be considered for listing before a five-judge Constitution bench.A bench of Justices Sanjiv Khanna and Dipankar Dutta took note of the arguments...
  13. Palaniswami's allegation, borrowing Rs 3.5 lakh crore is the achievement of DMK government

    Palaniswami's allegation, borrowing Rs 3.5 lakh crore is the achievement of DMK government

    CHENNAI: AIADMK general secretary Edappadi K Palaniswami on Wednesday said the DMK regime has burdened the people by borrowing nearly Rs 3.5 lakh crore, is this the 'achievement' that marks its 3-year tenure and the public will soon prove it. Will say that it is "anti-people". Government.Chief...
  14. Pakistan government borrows record PKR 5.5 trillion from banks, PKR 650 billion in a week amid crisis

    Pakistan government borrows record PKR 5.5 trillion from banks, PKR 650 billion in a week amid crisis

    ISLAMABAD [Pakistan], Due to the economic crisis, the Pakistan government led by Prime Minister Shehbaz Sharif borrowed more than Pakistan currency (PKR) 65 billion from banks to meet its rising expenses within a week, Dawn reported on Saturday. State Bank of Pakistan (SBP) data in the report...
  15. Muthoot Finance Board approves USD 2 billion ECB scheme

    Muthoot Finance Board approves USD 2 billion ECB scheme

    New Delhi, Gold loan financier Muthoot Finance on Thursday said its board has approved a USD 2 billion (about Rs 16,500 crore) external commercial borrowing (ECB) scheme for business expansion.The Finance Committee of the Board of Directors of Muthoot Finance in its meeting held on Thursday...
  16. Congress government in Karnataka is strong and stable: CM Siddaramaiah

    Congress government in Karnataka is strong and stable: CM Siddaramaiah

    Bengaluru, Karnataka Chief Minister Siddaramaiah on Monday said the Congress government led by him in the state is "strong" and "stable".Taking aim at opposition BJP leaders, he said it seems that it is not the state but their own 'intellect' that is facing 'bankruptcy'.Hitting out at...
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