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Vatika Group clears debt worth Rs 1,109 cr

New Delhi, Feb 28 | NCR-based real estate developer Vatika Group and its associated companies have repaid debt worth Rs 1,109 crore within a...

Kidnap, plot to retrieve debt aggravates to murder in Andhra

Bhimavaram (Andhra Pradesh), Feb 16 | An abduction and threatening plot to retrieve Rs 3 crore from a debtor proved costly for the creditor...

FPIs to be allowed to subscribe to REITs, InvITs debt securities

New Delhi, Feb 11 | The Centre has included amendments to various financial legislations in the Finance Bill, 2021 to permit debt financing of...

Covid bonds on the cards for long-term debt mobilisation

New Delhi, Jan. Jan 30 | As the country's fight against Coronavirus reaches the next level with the launch of the world's largest...

IL&FS addresses aggregate debt of Rs 32KCr so far

Mumbai, Jan 22 | Debt-ridden IL&FS Group has addressed aggregate debt of around Rs 32,000 crore so far.In a statement on Friday, the group...

Cash-strapped Pakistan sinks into debt trap

By Mahua VenkateshNew Delhi, Jan 20 | Pakistan Prime Minister Imran Khan would be worried as the countrys debt to GDP ratio has soared...

Franklin Templeton gets unit holders’ nod for closure of 6 debt...

New Delhi, Jan 18 | Franklin Templeton Mutual Fund has received the approval of its unit holders to wind up six of its debt...

BharatPe raises Rs 139 cr debt from Alteria Capital, ICICI Bank

New Delhi, Jan 18 | FinTech services company BharatPe on Monday announced that it has raised Rs 139 crore (nearly $20 million) in debt...

Emerging market debt issuance to stay above pre-Covid levels: Moody’s

London, Jan 14 | Emerging market (EM) debt issuance will soften in 2021 from last year's record highs but will remain above pre-pandemic levels...

India’s NFS debt growth remains subdued in 2QFY21: Report

New Delhi, Jan 2 | India's non-financial sector debt growth remained subdued in 2QFY21 despite the economic disruption caused by Covid-19 pandemic, Motilal Oswal...

FTMF unit-holders listen to conscience before voting on 6 shut debt...

New Delhi, Dec 24 | Standing up for the interests of unit-holders of Franklin Templeton Mutual Fund (FTMF), the Chennai Financial Markets and Accountability...

Covid forcing sex workers towards debt bondage, slavery: Study

By Narendra PuppalaNew Delhi, Dec 6 | Findings of a new research indicate that more than 90 per cent of commercial sex workers in...

Govt to infuse Rs 6K cr equity in NIIF Debt Platform...

New Delhi, Nov 25 | The Central government will infuse equity of Rs 6,000 crore into the National Investment and Infrastructure Fund (NIIF) Debt...

Mexico urges to solve global debt increase

Mexico City, Nov 23 | Mexican President Andres Manuel Lopez Obrador has urged to resolve the increase in debt at the global level caused...

Brickwork downgrades rating of SREI Infra’s perpetual debt instrument

Mumbai, Nov 22 | Brickwork Ratings India Pvt Ltd has downgraded the ratings for SREI Infrastructure Finance's perpetual debt instrument aggregating to Rs 10...

World Bank chief welcomes G20 progress on debt relief

Washington, Nov 22 | World Bank Group President David Malpass said that he was very pleased to see the progress the G20 group of...

Few takers for one-time Covid debt restructuring: Crisil

New Delhi, Nov 17 | As many as 99 per cent of companies (excluding MSMEs) rated by Crisil are unlikely to opt for the...

Govt infuses Rs 6K cr in NIIF debt platform to increase...

New Delhi, Nov 12 | As part of efforts to provide proper funding to infrastructure projects, the government on Thursday decided to infuse Rs...

Online training platform Udacity secures $75mn in debt

San Francisco, Nov 5 | Posting 260 per cent rise in annual recurring revenue in the first half of this year, global online training...

Despite pandemic IL&FS expects to address over Rs 50K cr debt...

New Delhi, Oct 24 | IL&FS Board is hopeful that it will be able to address the targetted debt of over Rs 50,000...

Pakistan has fallen into a debt trap, claims report

By Hamza AmeerIslamabad, Oct 21 | "Pakistan has slipped into a debt trap due to the governments failure to bring reforms and weak fiscal...

G20 extends debt relief for poor countries

Riyadh, Oct 15 | G20 Finance Ministers and central bankers have agreed to extend the debt relief for poor countries by six more months...

G30 calls for urgent, concerted efforts to tackle debt crisis

Washington, Oct 15 | The G30 has said that rising debts have threatened funding for development priorities and called for urgent policy response to...

FM stresses on structural treatment of debt at G20 meet

New Delhi, Oct 14 | Finance Minister Nirmala Sitharaman on Wednesday said that there is a need for more structural treatment of debt in...

‘Debt of poorest countries reached a record $744bn in 2019’

Washington, Oct 13 | The total external debt of the world's poorest countries increased by 9.5 per cent to a record $744 billion dollars...

China’s BRI promised prosperity, gave debt trap

By Mahua VenkateshNew Delhi, Oct 10 | Several countries like Sri Lanka, Zambia, Djibouti, Laos, Maldives, Republic of Congo, Tonga, Pakistan and Kyrgyzstan, among...

Government debt grows at 30 quarter high

New Delhi, Oct 7 | The outstanding debt of Indias non-financial sector (NFS ) stood at Rs 322 trillion or 167.3 per cent ...

Pandemic Blues: Street vendors in Patna reeling under debt

Patna, Oct 6 | Despite India recently entering the fifth unlock phase, many people in the unorganised sectors in Bihar are under huge debt...

India’s June-end 2020 external debt falls to $554.5 bn

Mumbai, Sep 30 | India's external debt for the quarter ended June 2020 declined on a sequential and year-on-year basis, official data showed...

Aus budget to prioritize unemployment over debt: Treasurer

Canberra, Sep 25 | Australian Treasurer Josh Frydenberg on Friday declared that the government will not embark on budget repair until the unemployment rate...

US federal debt to reach nearly twice economy’s size in 2050

Washington, Sep 22 | The US' federal debt is projected to reach nearly twice the size of the economy in 2050, driven by the...

‘Vodafone Idea’s inability to raise debt may increase equity requirements’

New Delhi, Sep 21 | Vodafone Idea's inability to raise debt from external investors could increase equity requirements and push promoters to subscribe to...

Trapped in Chinese debt, Maldives mends ties with India

By Mahua VenkateshNew Delhi, Sep 19 | As tourism-the most important sector for Maldives, contributing the most of the nations gross domestic product-took a...

Andhra CM launches ‘YSR Asara’ to free women from debt trap

Amaravati, Sep 11 | Andhra Pradesh Chief Minister Y. S. Jagan Mohan Reddy on Friday launched the 'YSR Asara' scheme, which will benefit 87...

Mexico managing Covid-19, economic crises without incurring debt: Prez

Mexico City, Sep 1 | Mexican President Andres Manuel Lopez Obrador touted his government's handling of the Covid-19 and economic crises, saying it has...

SL extends debt moratorium for crisis-hit tourism sector

Colombo, Aug 29 | The Central Bank of Sri Lanka (CBSL) has decided to extend a debt moratorium for the country's crisis-hit tourism sector...

‘Rise in govt debt to impact public spending in coming decade’

New Delhi, Aug 26 | India's general government debt is likely to remain high in the years to come and will significantly impact the...

UK government debt hits $2.6tn for first time

London, Aug 21 | The UK government debt has increased above 2 trillion pounds ($2.6 trillion) for the first time amid heavy spending to...

Covid Relief: RBI extends scheme for MSME debt restructuring

Mumbai, Aug 6 | The Reserve Bank of India on Thursday extended a scheme whereby stressed MSME borrowers will become eligible for restructuring their...

Adani Ports plans to raise $750 mn to repay debt

Mumbai, July 29 | Adani Ports and Special Economic Zone Ltd plans to raise $750 million through unsecured notes with a view to repay...

IL&FS Board expects to address over Rs 57,000 cr debt (Ld)

New Delhi, July 20 | Crisis-hit IL&FS Group expects to address debt of about Rs 57,240 crore out of the total debt of over...

IL&FS expects to address Rs 57,000 cr debt by end of...

New Delhi, July 20 | The Board of IL&FS Group expects to address debt of about Rs 57,240 crore by the end of the...

G20 urged to extend debt suspension through 2021

Washington, July 19 | World Bank Group President David Malpass has urged the G20 member countries to extend the time frame of the Debt...

Nepal’s Chinese conundrum: The imbalance and debt trap

By Sumit Kumar SinghNew Delhi, July 6 | China's cheap loans to Nepal in the garb of infrastructure development to facilitate trade will lead...

RIL net debt to dip with rights issue, Jio stake sale

New Delhi, July 3 | Asset monetization in Jio Platforms along with the $7 billion rightsissue s hould reduce Reliance Industries Limited (RIL)s net...

India’s March-end 2020 external debt rises 2.8% to $558.5 bn (Lead)

Mumbai, June 30 | India's external debt for the quarter ended March 2020 rose to $558.5 billion on account of currency valuation effect, commercial...

G7 Ministers reaffirm debt relief commitment for poorest nations

Washington, June 4 | G7 Finance Ministers have reaffirmed their commitment towards implementing an official bilateral debt relief for the world's poorest countries amid...

‘RIL well placed for zero net debt target, more 3% stake...

Mumbai, May 28 | Reliance Industries (RIL) is comfortably placed to achieve its target of becoming a zero net debt company by the end...

Credgenics launches AI-enabled debt resolution platform

New Delhi, May 20 | Delhi-based Credgenics on Thursday formally unveiled a debt resolution platform which combines the power of artificial intelligence with data...

Kisan Congress team meets Tomar, demands debt relief

New Delhi, May 20 | A delegation of the Kisan Congress on Wednesday met Union Agriculture Minister Narendra Singh Tomar and demanded debt relief,...

Business

Sensex up 800 points; auto, banking stocks rise

Mumbai, March 1 | The Indian equity indices opened on a positive note on Monday with the BSE Sensex surging over 800 points.Healthy buying...