debt

In its report on state finances for the year ended March 31, 2023, tabled in the state Assembly on Friday, the CAG said the ratio of revenue deficit to fiscal deficit indicates the extent to which borrowed funds were utilised. for current consumption.However, the persistently high ratio of...

New Delhi: Tata Communications board will consider a proposal to raise funds through non-convertible debentures on July 18.Tata Communications said that as part of its debt management framework, the company refinances its debt from time to time and sometimes before the scheduled maturity to...

Thane, Three people have been arrested for allegedly harassing people on the pretext of debt recovery in Maharashtra's Thane district. The police gave this information on Tuesday.Earlier this month, police had received complaints of abusive and obscene phone calls from loan sharks, an official...

Islamabad, Pakistan, has decided to approach China, its permanent ally, with a formal request to restructure its $15 billion energy debt to help the cash-strapped country out of its financial troubles.Planning Minister Ahsan Iqbal and Finance Minister Muhammad Aurangzeb will visit China this...

Mumbai, India's high public debt offers limited fiscal space to adopt welfare measures that can help stimulate the economy, a foreign brokerage said on Monday.In a report coming weeks before the budget presentation, Goldman Sachs said Finance Minister Nirmala Sitharaman could continue with the...

New Delhi: Foreign investors poured over Rs 7,900 crore into Indian stocks in the first week of the month amid healthy economic and earnings growth momentum.With this, FPI's total investment in equities has reached Rs 1.16 lakh crore so far this year, depositories' data showed.Going forward...

New Delhi: Debt-laden Future Group's FMCG arm Future Consumer on Saturday said it has defaulted in payment of Rs 449.04 crore due to bank loans as well as bond holders of the company due June end.The total default till June 30, 2024 includes an amount of Rs 284.81 crore on loan and revolving...

This year, FPIs have invested Rs 11,162 crore in equities so far, while FPI investments in debt during the same period have stood at Rs 74,928 crore.According to market experts, the inclusion of Indian government bonds in the JPMorgan Emerging Markets (EM) Government Bond Index and further...

Karachi [Pakistan], Pakistan's total debt has reached a new high, reaching PKR 67.816 trillion by May 2024, according to an ARY News report citing the State Bank of Pakistan (SBP).Central bank data reveals a significant 15 percent increase in the federal government's total debt over the past...

Colombo President Ranil Wickremesinghe said on Friday that Sri Lanka saved $8 billion in the last two years thanks to “effective economic management” and emphasized that the nation is now recovering from economic turmoil due to the restructuring of the debt.Sri Lanka finalized debt...

New Delhi, Coffee Day Enterprises Ltd has reported a total default of Rs 433.91 crore in interest payments and repayment of principal amount on loans from banks, financial institutions and unlisted debt securities like NCD and NCRPS for the quarter being ended June 30, 2024.Coffee Day...

Colombo, newly appointed World Bank country director for Sri Lanka, Nepal and Maldives David Sislen on Thursday called President Rani Wickremesinghe and pledged to support the debt-trapped island nation's path to prosperity.The meeting took place at the Presidential Secretariat.“#WorldBank...

New Delhi: Shares of Inox Wind jumped over 10 per cent on Thursday after the wind service provider said its promoter Inox Wind Energy has invested Rs 900 crore in the company.The stock closed 10.30 per cent higher at Rs 157.15 on the NSE.Shares of Inox Wind closed 10.29 per cent higher at Rs...

New Delhi: Shares of Inox Wind surged over 14 per cent in morning trade on Thursday after the wind energy services provider said its promoter Inox Wind Energy has invested Rs 900 crore in the company.The company's shares rose 14.45 percent to Rs 163.07 on the National Stock Exchange (NSE).On...

Sri Lanka's Colombo has reached a debt restructuring deal with international sovereign bondholders after protracted negotiations, state finance minister Shehan Semasingher said on Thursday, calling it a "crucial step" in the troubled country's efforts. liquidity to restore debt sustainability...

New Delhi: Inox Wind Ltd on Thursday said the wind energy solutions provider will become a net debt-free company after its promoter Inox Wind Energy (IWEL) has invested Rs 900 crore in the company.In a statement, Inox Wind Limited (IWL) on Thursday announced the completion of investment of Rs...

Nairobi [Kenya], The United States has warned that Kenya's growing debt burden is undermining its ability to provide quality health care and education to its citizens, highlighting costly debt incurred over the past decade partly with China, Business Daily Africa reports.The Kenyan business...

New Delhi: Market regulator Sebi on Wednesday reduced the face value of debt securities to Rs 10,000 from the current Rs 1 lakh to encourage participation of retail investors in the corporate bond market.Market participants believe that lower ticket sizes of debt securities may encourage more...

VMPLNew Delhi [India], July 3: Investment in mutual funds has become very popular in India, with mutual fund assets approaching a staggering Rs 60 trillion in May 2024. In the fiscal year 24, domestic mutual fund assets grew 34 percent, the largest increase in seven years. This rise indicates...

New Delhi: India's public debt, which is almost 82 percent of GDP, is very high, but the country does not face debt sustainability problems due to its high growth rate and higher share of currency debt local, said NCAER director general Poonam Gupta.Addressing an event organized by NCAER...