debt

COLOMBO: Sri Lanka's rupee, which faced severe depreciation since 2022 due to the island nation's unprecedented economic crisis, has started making gains against other currencies, Minister of State for Finance Ranjith Siyambalapitiya said on Friday.He said that during the first four months of...

This perception has arisen from a number of factors including slow economic growth, ever-increasing foreign debt, continued bailout programs, lack of cohesion among institutions, absence of clear and firm direction from the leadership, and serious political differences among political parties...

COLOMBO: Sri Lanka has maintained strict fiscal discipline while taking unpopular decisions to facilitate economic recovery and has continued to repay multilateral debt despite announcing a default in 2022, state Finance Minister Ranjith Siyambalapitiya said on Thursday.He said loans worth...

, Kabul resident Omar Ali said, "People are poor, destitute, barely able to get three days' work in a month. I have ten dependents at home and I have been in debt for one and a half years for rent." Expressing condolence over the ongoing situation, according to TOLOnews. Most international...

New Delhi, IL&FS Mutual Fund on Wednesday said it has paid out a little over Rs 60 crore to investors in its infrastructure debt fund.According to a statement issued by IL&FS Group, the debt scheme – IL&FS Infrastructure Debt Fund Series 1C – was redeemed on the due date of April 30, making it...

NEW DELHI: After pumping in money for two straight months, foreign investors turned net sellers in April and sold Indian equities worth Rs 8,70 crore due to changes in India's tax treaty with Mauritius and concerns over a sustained rise in US bond yields. Gave.This comes after a staggering net...

Gajendrasinh Jadeja was trapped in a debt cycle, which started with a nominal loan of Rs 10,000 in 2000.Despite paying Rs 80,000 over the years by selling his land, the demands continued, with creditors recently demanding an additional Rs 5 lakh, officials said.Driven by frustration, Jadeja...

In 2019, the total value of his movable and immovable assets was around Rs 4 crore, which has now increased to Rs 58,5,92,921. His annual income has increased from Rs 1,58,8,540 in 2019 to Rs 1,81,25,800 now.Singh has two cars 2015 model Innova and 2019 model Camry.The annual income of...

On Friday, the Sri Lankan Cabinet of Ministers gave its green signal to hand over the management of Mattala Rajapaksa International Airport (MRIA) to India's Shauri Aeronautics (Pvt) Ltd and Russia's Regional Management Company of Airports for a period of 30 years. Year."The Cabinet of...

New Delhi: Mining group Vedanta Ltd is likely to face less cash flow pressure following liability management at the holding company level and is not well placed to deal with rising commodity prices, analysts say.Better performance in aluminium, power and zinc enabled the company to achieve...

New Delhi: Realty firm Macrotech Developers will increase its investment to more than Rs 5,000 crore this financial year on building projects in line with growth in sales and new supply, its MD and CEO Abhishek Lodha said.Macrotech Developers, which sells properties under the Lodha brand, aims...

New Delhi: Foreign investors pulled out domestic equities worth Rs 6,300 crore in April due to changes in India's tax treaty with Mauritius and concerns over a continued rise in US bond yields.This comes after huge net inflows of Rs 35,098 crore in March and Rs 1,539 crore in February...

Vijayawada (Andhra Pradesh), A senior TDP leader has said that the party's priority is to "rebuild" Andhra Pradesh and take the state out of the debt trap by getting rid of the YSR Congress Party (YSRCP) government.Telugu Desam Party (TDP) national coordinator (elections) and former Rajya...

VMP New Delhi [India], April 26: A loan of Rs 2 lakh can be extremely useful during urgent financial needs. Whether you want to meet a major expense or deal with an emergency, it provides easy access to funds easily and quickly. Nowadays, the younger generation likes to accomplish grand goals...

Hyderabad: Claiming that the ongoing elections are a referendum on whether reservation should continue or be abolished in the country, Telangana Chief Minister A Revanth Reddy on Thursday said the quota will be abolished if the Congress comes to power at the Centre. Will increase by more than 50...

New Delhi [India], The Central Government has appointed T Rabi Shankar as the Deputy Governor of the Reserve Bank of India for one year with effect from May 03, 2024. Shankar was appointed deputy governor in May 2021 following the retirement of BP Kanungo. Before his role as DG, Shankar was one...

New Delhi, Open Agri Network Samunnati on Wednesday said it has secured debt funding of Rs 4 crore through external commercial borrowings from global impact investment advisory firm Enabling Capital.The infusion of fresh capital will aid Samunnat's expansion efforts, enabling it to reach a...

RIL's F4Q24 earnings fell slightly short of estimates. Its energy EBITDA peaked while retail was down. It said the intensity of net debt and capital expenditure has fallen to the lowest in two years.Global brokerage firm Jefferies said RIL's EBITDA grew 5 per cent quarter-on-quarter which was...

In purchasing power parity (PPP) terms, the Indian economy is already the third largest economy in the world. The RBI bulletin states that as per OECD's December 2023 update, India will overtake the US in terms of PPP by 2045 and become the world's second largest economy.According to the...

New Delhi (India), April 22: Finding the right investment option for your hard-earned money can be confusing. You want a safe investment that provides good returns and has the flexibility to handle changing financial needs. For many Indian investors, debt mutual funds check all these boxes...