Male [Maldives], President Mohamed Muizzu's ruling People's National Congress (PNC) has won the majority in the Maldives Parliament. Maldives-based Sun Online reported that his party won 60 seats in parliamentary elections held on Sunday.More than 200,000 people voted in the parliamentary...
Agartala (Tripura) [India], Tripura Chief Minister Dr Manik Saha criticized CPI(M) for misleading people with promises of 'golden days' and leaving the state with a debt burden of Rs 13,000 crore, "Prime Minister Narendra Modi is continuously working for the overall development of the country...
New Delhi: The annual meetings of the World Bank and the IMF have ended without a concrete plan to raise the trillions of dollars needed to fight climate change, in a year where agreement on the New Collective Quantified Goal (NCQG) or new climate finance targets is key. will be. Issue at the...
Last week, 21 startups in the country raised nearly $105 million.According to a report by iEntrackr, 10 startups raised $225.86 million in funding this week, including GP Renewables, which secured $50 million in debt funding.Deeptech startup Ecozen raised $30 million in a mix of debt and...
The startup also raised debt support from Incred Credit Fund and U International Development Finance Corporation (DFC).CEO and co-founder Devendra Gupta said, “The capital raised will enable us to scale our operations and deepen our market penetration across domestic and international regions...
ISLAMABAD [Pakistan], The International Monetary Fund (IMF) on Wednesday estimated Pakistan's fiscal deficit, the difference between total resources and expenditure, at 7.4 per cent of gross domestic product for the current fiscal year, Dawn reported on Thursday. A stable tax rate is assumed...
The upcoming episode will feature another side-splitting of the 'Sac Backo' series with 'EMI Act'.Comedian Kushal Badrike plays a troubled husband, comedy queen Hemangi Kavi plays a troubled wife, and rabble-rouser Ketan plays a debt recovery agent. A husband plans to throw a surprise birthday...
Colombo: Facing criticism from the opposition for maintaining secrecy over the debt restructuring process, the government has said that Sri Lanka continues to engage in all debt restructuring negotiations in good faith under the principles of equitable treatment among creditors with maximum...
New Delhi: Grip Invest, a technology-driven trading platform for fixed-income products, expects investments through its platform to double to Rs 2,000 crore in the next 12 months.Nikhil Agarwal, founder and CEO of Grip Inves, said total investment in corporate bonds and other debt products...
Agartala, Tripura Chief Minister Manik Saha on Tuesday alleged that the CPI(M) government in the state has imposed a debt burden of Rs 13,000 crore on him in the name of providing 'golden days' to the people of the state.Before 2018, Left Front chief minister Manik Sarkar and finance...
New Delhi, Deposit-taking NBFC PHF Leasing Ltd on Tuesday said it has raised USD 10 million capital through equity and debt which will be used to expand into new areas.This comprises approximately 60 per cent equity and 40 per cent debt, the Jalandhar-headquartered company said in a release...
VMP Mumbai (Maharashtra) [India], April 15: Siddharth Agarwal, Founder and Managing Director, Mobikul Technologies Pvt. Ltd. shares Mobicule's pioneering journey in transforming credit solutions in India. In this era of technological advancement, the loan resolution landscape in India is...
Colombo, Sri Lanka is hoping to make progress in concluding ongoing debt restructuring talks at the IMF and the World Bank's spring meetings starting on Monday in Washington.State Finance Minister Shehan Semasinghe will lead the government delegation along with Central Bank Governor Nandlal...
New Delhi: Foreign investors have pumped in over Rs 13,300 crore into Indian equities in the first two weeks of the month on the back of a resilient domestic economy with promising growth prospects.Going forward, concerns over changes in the India-Mauritius tax treaty will impact foreign...
Colombo: The Asian Development Bank (ADB) has said that "uncertainty" over the impending elections in Sri Lanka will lead to a possible deterioration in the country's economic outlook.Presidential elections are scheduled to be held in the island nation in the last quarter of this year, while...
Colombo: The Asian Development Bank has projected Sri Lanka's economy to register moderate growth of 1.9 percent in 2024 and 2.5 percent in 2025 after two consecutive years of contraction.The Asian Development Bank (ADB) growth forecast depends on the continuation of reforms and improved...
New Delhi, IL&FS has decided to sell its entire 26 per cent equity stake in Noida Toll Bridge Company Limited (NTBCL), which owns and maintains the DND flyover connecting Delhi to Noida.IL&FS has decided to monetize this flagship DND flyover, which was built in 2001 as one of the first roads...
New Delhi [India], Prime Minister Narendra Modi has greeted Maldivian President Mohammed Muizzu and the people of Maldives on the occasion of Eid Al Fitr. In his message, PM Modi said that the cultural and civilizational ties shared by India and Maldives go back to time immemorial. PM Modi's...
India is benefiting from growing interest from multinationals who see it as an alternative manufacturing base in the context of developing economies' supply chain diversification strategies, a major UN report has said, highlighting that That investment in the country remains strong.The...
Washington Another group of Republican-led states is suing to block the Biden administration's new student loan repayment plan, which offers a path to faster cancellation and is already in effect for more than 150,00 borrowers. Has been used to waive the loan.Seven states, led by Missouri...