Public Debt
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MTNL Defaults On Bank Loans Worth Nearly Rs 8,600 Crore
State-run telecom firm MTNL has defaulted on bank loans worth Rs 8,585 crore from seven public sector banks, the company said in a regulatory filing on Tuesday.
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Chinese Official Honeytrapped By "Seductive Beauty" Of Foreign Spy
China said Thursday it had cracked three spying plots, including one in which a public servant was lured by the "seductive beauty" of a foreign agent, urging government workers to remain vigilant against overseas threats.
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Adani Enterprises Announces Rs 1,000 Crore NCDs, Issue Opens July 9
Adani Enterprises Limited (AEL) on Sunday announced the launch of its second public issuance of secured, rated and listed redeemable, non-convertible debentures (NCD) worth Rs 1,000 crore.
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15,000 Crore Of Vijay Mallya, Nirav Modi's Assets Restored To Banks: Centre
Properties worth Rs 14,131 crore - that once belonged to Vijay Mallya - have been seized and handed to public and private sector banks to pay off a part of the fugitive businessman's substantial debts, Finance Minister Nirmala Sitharaman said.
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Investors Can Use 3-In-1 Accounts To Apply For Some Debt Securities: SEBI
Markets regulator Sebi clarified that investors can continue using 3-in-1 accounts to apply online for public issues of debt securities, non-convertible redeemable preference shares, municipal debt securities, and securitised debt instruments.
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Global Public Debt To Hit Record $100 Trillion: International Monetary Fund
Global public debt is expected to reach a record $100 trillion this year, the IMF said, warning that the fiscal outlook for many countries may even be "worse than expected."
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Government Estimates Centre's Debt To Rise To Rs 185 Lakh Crore In FY25
The government estimates its debt, including external borrowing, valued at current exchange rate and public account and other liabilities will increase to Rs 185 lakh crore, or 56.8 per cent of the GDP, during the current fiscal year.
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IMF Withholding Financial Aid for El Salvador Due to Its Bitcoin Alliance: Report
The IMF has asked El Salvador to change its policies around Bitcoin in order to get the aid of $1.4 billion that it needs to expedite public debt payments and other financial obligations.
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Ratings Agency Fitch Downgrades China Credit Outlook Over Debt Fears
Ratings agency Fitch said Wednesday it had downgraded China's sovereign credit outlook to negative, citing increased risks to the country's public finances, in a move Beijing swiftly called "regrettable".
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Japan's Fumio Kishida Orders $26 Billion To Be Set Aside For Childcare
Japan's government will set aside $26 billion for new child care measures, slightly more than earlier estimated, in a move likely to add more debt to the industrial world's heaviest public debt burden.
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India Writes To IMF Supporting Sri Lanka's Debt Restructuring Plan: Report
New Delhi's backing comes at a critical time for Sri Lanka as it has to put its massively indebted public finances in order to unlock the IMF loan that was agreed in September.
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Will Address 'Rise of Chinese Communist Party': US House Speaker In Inaugural Speech
Newly-elected Speaker of the House of Representatives Kevin McCarthy on Saturday said he will look into the issue of public debt and pledged that the House will address the "rise of the Chinese Communist party."
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Pakistan Following Sri Lanka's Path Into Chinese Debt Trap: Report
Pakistan's already fragile economy suffered another setback when recently China demanded repayment, by November 2023, of USD 55.6 million for the Lahore Orange Line Project, reported Italian publication Osservatorio Globalizzazione.
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Election 2019: Naresh Goyal's First Public Appearance Since Jet Crisis, At A Poll Booth
Naresh Goyal, founder of the recently grounded Jet Airways, came out to cast his vote in Mumbai on Monday in the fourth phase of the national election. This was Naresh Goyal's first public appearance since the airline stopped its operations indefinitely because of its colossal debt, leaving thousands of employees without a job overnight
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"PM Using Public Money For Jet Airways's Bailout Package": Congress
The Congress on Wednesday accused Prime Minister Narendra Modi of doling out public money by directing state-run banks to bailout Jet Airways by converting its debt into equity.
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MTNL Defaults On Bank Loans Worth Nearly Rs 8,600 Crore
State-run telecom firm MTNL has defaulted on bank loans worth Rs 8,585 crore from seven public sector banks, the company said in a regulatory filing on Tuesday.
-
Chinese Official Honeytrapped By "Seductive Beauty" Of Foreign Spy
China said Thursday it had cracked three spying plots, including one in which a public servant was lured by the "seductive beauty" of a foreign agent, urging government workers to remain vigilant against overseas threats.
-
Adani Enterprises Announces Rs 1,000 Crore NCDs, Issue Opens July 9
Adani Enterprises Limited (AEL) on Sunday announced the launch of its second public issuance of secured, rated and listed redeemable, non-convertible debentures (NCD) worth Rs 1,000 crore.
-
15,000 Crore Of Vijay Mallya, Nirav Modi's Assets Restored To Banks: Centre
Properties worth Rs 14,131 crore - that once belonged to Vijay Mallya - have been seized and handed to public and private sector banks to pay off a part of the fugitive businessman's substantial debts, Finance Minister Nirmala Sitharaman said.
-
Investors Can Use 3-In-1 Accounts To Apply For Some Debt Securities: SEBI
Markets regulator Sebi clarified that investors can continue using 3-in-1 accounts to apply online for public issues of debt securities, non-convertible redeemable preference shares, municipal debt securities, and securitised debt instruments.
-
Global Public Debt To Hit Record $100 Trillion: International Monetary Fund
Global public debt is expected to reach a record $100 trillion this year, the IMF said, warning that the fiscal outlook for many countries may even be "worse than expected."
-
Government Estimates Centre's Debt To Rise To Rs 185 Lakh Crore In FY25
The government estimates its debt, including external borrowing, valued at current exchange rate and public account and other liabilities will increase to Rs 185 lakh crore, or 56.8 per cent of the GDP, during the current fiscal year.
-
IMF Withholding Financial Aid for El Salvador Due to Its Bitcoin Alliance: Report
The IMF has asked El Salvador to change its policies around Bitcoin in order to get the aid of $1.4 billion that it needs to expedite public debt payments and other financial obligations.
-
Ratings Agency Fitch Downgrades China Credit Outlook Over Debt Fears
Ratings agency Fitch said Wednesday it had downgraded China's sovereign credit outlook to negative, citing increased risks to the country's public finances, in a move Beijing swiftly called "regrettable".
-
Japan's Fumio Kishida Orders $26 Billion To Be Set Aside For Childcare
Japan's government will set aside $26 billion for new child care measures, slightly more than earlier estimated, in a move likely to add more debt to the industrial world's heaviest public debt burden.
-
India Writes To IMF Supporting Sri Lanka's Debt Restructuring Plan: Report
New Delhi's backing comes at a critical time for Sri Lanka as it has to put its massively indebted public finances in order to unlock the IMF loan that was agreed in September.
-
Will Address 'Rise of Chinese Communist Party': US House Speaker In Inaugural Speech
Newly-elected Speaker of the House of Representatives Kevin McCarthy on Saturday said he will look into the issue of public debt and pledged that the House will address the "rise of the Chinese Communist party."
-
Pakistan Following Sri Lanka's Path Into Chinese Debt Trap: Report
Pakistan's already fragile economy suffered another setback when recently China demanded repayment, by November 2023, of USD 55.6 million for the Lahore Orange Line Project, reported Italian publication Osservatorio Globalizzazione.
-
Election 2019: Naresh Goyal's First Public Appearance Since Jet Crisis, At A Poll Booth
Naresh Goyal, founder of the recently grounded Jet Airways, came out to cast his vote in Mumbai on Monday in the fourth phase of the national election. This was Naresh Goyal's first public appearance since the airline stopped its operations indefinitely because of its colossal debt, leaving thousands of employees without a job overnight
-
"PM Using Public Money For Jet Airways's Bailout Package": Congress
The Congress on Wednesday accused Prime Minister Narendra Modi of doling out public money by directing state-run banks to bailout Jet Airways by converting its debt into equity.
