Washington [US], Increased private consumption and falling inflation are supporting economic recovery in sub-Saharan Africa, but the recovery remains fragile due to uncertain global economic conditions, rising debt service obligations, frequent natural disasters, and increasing conflict and...
"Dear leaders of BJP Karnataka, rest assured that our government is strong and stable. However, it appears that it is your intelligence that is pointing towards bankruptcy and not that of our state. By lying every day and then more Don't embarrass yourself by making up lies." Protect them when...
The gearing trend of the top 1,000 listed companies by market capitalization ratio shows that the average gearing declined from 1.02 on March 31, 2014 to 0.53 on March 31, 2023, the agency said.Mehul Pandya, MD and Group CEO, CareAge Ratings, said the agency's credit quality assessment for the...
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...
Malé [Maldives], Maldivian politician Mariam Shiuna, who was among three ministers suspended earlier this year over her comments against the Indian leadership, has reportedly been accused of "disrespecting the Indian national flag" for a recent post. "Sincere apologies" have been offered...
United Nations Dennis Francis, President of the United Nations General Assembly, has said there is no conflict between promoting stability and promoting economic growth, stressing that stability must become the foundation of development in the 21st century.Francis will convene the UN's first...
The board approved the issue of 1,395,427,034 equity shares of face value of Rs 10 each at an issue price of Rs 14.87 per equity share (including premium of Rs 4.87 per equity share) aggregating to Rs 2,075 crore to Orion Investments Pte. Ltd. (Aditya Birla Group entity which is part of Promote...
New Delhi: Power Minister RK Singh has warned of a debt trap for states like Punjab that use borrowed money to provide free power, saying such populist schemes are okay only if the state has the finances.Electricity, like any other commodity, has a cost involved in its production, and if a...
ISLAMABAD: Pakistan is set to repay US$1 billion of foreign debt in exchange for 10-year Eurobonds maturing in the middle of this month, taking the stock of debt acquired through bond sales in the international market to US$7 billion. Will be reduced.The State Bank of Pakistan (SBP) told The...
New Delhi: Realty firm Macrotech Developers Ltd has reduced its net debt by 5 per cent to Rs 3,010 crore in the fourth quarter of the last financial year with the help of internal accrual and equity fundraising.Its net debt as of December 31, 2023, was Rs 6,750 crore.Macrotech Developers...
New Delhi: FPIs have turned cautious as they pulled out Rs 325 crore from Indian equities in the first week of this month due to relatively high valuations due to the upcoming general elections.There were net outflows of Rs 35,000 crore in MARK and a staggering Rs 1,539 crore in February...
New Delhi, Former President Ram Nath Kovind on Saturday said it is important to create adequate fiscal space to accelerate the current growth path.Speaking at an event organized by TIOL here, the former President said no country can prosper without predictability and certainty in tax...
Bijnor (UP), BSP national coordinator and star campaigner Akash Anand on Saturday claimed that many political parties, including the BJP and Samajwad Party, have fallen into the trap of "Chakravyuh" or electoral bonds.Anand, nephew of BSP chief Mayawati, said, "Many political parties...