State Debt
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Madhya Pradesh To Borrow Rs 5,200 Crore, Month After Rs 3,000-Crore Loan
Days before Madhya Pradesh celebrates its Foundation Day on November 1, the state government, led by Chief Minister Dr Mohan Yadav, is preparing to take yet another loan, this time to the tune of Rs 5,200 crore.
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'Nothing In Pods': Crops Hit, Madhya Pradesh's Soybean Farmers Face Uncertain Future
Madhya Pradesh stands as the heart of India's soybean production, contributing nearly half of the nation's supply and earning the state the title of India's soybean bowl.
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Philippine Lawmaker Proposes Strategic Bitcoin Reserve to Tackle National Debt
The Philippines is thinking about setting up a Strategic Bitcoin Reserve to help with its rising debt. Congressman Miguel Luis Villafuerte came up with the idea for the bill, which says that the government must buy 10,000 BTC over five years and hold it for 20 years, only using it to pay off debt. It comes after the US launched its reserves, while ...
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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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Elon Musk Launches 'America Party' "To Give You Back Your Freedom"
Elon Musk, an ex-ally of US President Donald Trump, said Saturday he had launched a new political party in the United States to challenge what the tech billionaire described as the country's "one-party system."
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Blistering Heat, Empty Chairs, C-Word Hit UN's Flagship Development Event
Brutal heat scorched Spain this week, a blistering reminder of the climate change that is battering the poorest countries - stretching their finances even as government debt climbs to new heights. Two aspects were less abundant: money and power.
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'Pakistan Not Allowed To...': IMF Explains $2.3 Billion Bailout Payments
Amid questions by India over international agencies' aid funding to Pak after the Pahalgam terror attack, the IMF said Pakistan is not allowed to divert financial assistance provided to its central bank.
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Bad News For Trump, US Loses Last AAA Rating, Moody's Flags Rising Debt
The United States lost its last triple-A credit rating from a major agency as Moody's announced a downgrade, citing rising levels of government debt and dealing a blow to Donald Trump's narrative of economic strength and prosperity.
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Fugitive Businessman Vijay Mallya Loses Appeal Against UK Bankruptcy Order
Indian tycoon Vijay Mallya on Wednesday lost an appeal against a bankruptcy order made by London's High Court over a more than 1 billion-pound ($1.28 billion) debt to lenders including the State Bank of India.
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Using Borrowed Money To Give Free Electricity: Union Minister Attacks Punjab
Power Minister RK Singh has warned of a debt trap for states like Punjab using borrowed money to provide free electricity, saying such populist schemes are fine only if a state has finances.
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"States' Debt Affects Country's Rating": Centre On Kerala Borrowing Curbs
Uncontrolled borrowing by states would affect the credit rating of the whole country and the fiscal edifice of Kerala has been diagnosed with "several cracks", the Centre has told the Supreme Court.
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Google, Meta, Tiktok's Debts Removed From Russian Database: Report
Fines imposed by Russian courts on Alphabet's Google and YouTube, Meta, TikTok and Telegram appear to have been settled as the companies are no longer registered as debtors in the state bailiffs' database.
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4 Lakh Crore In Debt, Madhya Pradesh Borrows Again To Meet BJP's Promises
Less than two weeks after he took oath, Madhya Pradesh Chief Minister Mohan Yadav has sought a Rs 2,000 crore loan from Reserve Bank of India (RBI) to meet the state's expenditures.
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"Rs 12,000 Debt On Every Person In Punjab", Claims State BJP Chief
The BJP's Punjab president, Sunil Jakhar, on Monday voiced concern over the state's financial situation saying that the Aam Aadmi Party (AAP) government was heavily in debt.
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US Debt: What Does The Loss Of Triple A Rating Mean
Fitch has downgraded its credit rating for the United States, becoming the second of the top-three ratings agencies to strip the country of a top AAA rating. The impact upon the world's top economy is likely to be just symbolic, at least immediately.
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Madhya Pradesh To Borrow Rs 5,200 Crore, Month After Rs 3,000-Crore Loan
Days before Madhya Pradesh celebrates its Foundation Day on November 1, the state government, led by Chief Minister Dr Mohan Yadav, is preparing to take yet another loan, this time to the tune of Rs 5,200 crore.
-
'Nothing In Pods': Crops Hit, Madhya Pradesh's Soybean Farmers Face Uncertain Future
Madhya Pradesh stands as the heart of India's soybean production, contributing nearly half of the nation's supply and earning the state the title of India's soybean bowl.
-
Philippine Lawmaker Proposes Strategic Bitcoin Reserve to Tackle National Debt
The Philippines is thinking about setting up a Strategic Bitcoin Reserve to help with its rising debt. Congressman Miguel Luis Villafuerte came up with the idea for the bill, which says that the government must buy 10,000 BTC over five years and hold it for 20 years, only using it to pay off debt. It comes after the US launched its reserves, while ...
-
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.
-
Elon Musk Launches 'America Party' "To Give You Back Your Freedom"
Elon Musk, an ex-ally of US President Donald Trump, said Saturday he had launched a new political party in the United States to challenge what the tech billionaire described as the country's "one-party system."
-
Blistering Heat, Empty Chairs, C-Word Hit UN's Flagship Development Event
Brutal heat scorched Spain this week, a blistering reminder of the climate change that is battering the poorest countries - stretching their finances even as government debt climbs to new heights. Two aspects were less abundant: money and power.
-
'Pakistan Not Allowed To...': IMF Explains $2.3 Billion Bailout Payments
Amid questions by India over international agencies' aid funding to Pak after the Pahalgam terror attack, the IMF said Pakistan is not allowed to divert financial assistance provided to its central bank.
-
Bad News For Trump, US Loses Last AAA Rating, Moody's Flags Rising Debt
The United States lost its last triple-A credit rating from a major agency as Moody's announced a downgrade, citing rising levels of government debt and dealing a blow to Donald Trump's narrative of economic strength and prosperity.
-
Fugitive Businessman Vijay Mallya Loses Appeal Against UK Bankruptcy Order
Indian tycoon Vijay Mallya on Wednesday lost an appeal against a bankruptcy order made by London's High Court over a more than 1 billion-pound ($1.28 billion) debt to lenders including the State Bank of India.
-
Using Borrowed Money To Give Free Electricity: Union Minister Attacks Punjab
Power Minister RK Singh has warned of a debt trap for states like Punjab using borrowed money to provide free electricity, saying such populist schemes are fine only if a state has finances.
-
"States' Debt Affects Country's Rating": Centre On Kerala Borrowing Curbs
Uncontrolled borrowing by states would affect the credit rating of the whole country and the fiscal edifice of Kerala has been diagnosed with "several cracks", the Centre has told the Supreme Court.
-
Google, Meta, Tiktok's Debts Removed From Russian Database: Report
Fines imposed by Russian courts on Alphabet's Google and YouTube, Meta, TikTok and Telegram appear to have been settled as the companies are no longer registered as debtors in the state bailiffs' database.
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4 Lakh Crore In Debt, Madhya Pradesh Borrows Again To Meet BJP's Promises
Less than two weeks after he took oath, Madhya Pradesh Chief Minister Mohan Yadav has sought a Rs 2,000 crore loan from Reserve Bank of India (RBI) to meet the state's expenditures.
-
"Rs 12,000 Debt On Every Person In Punjab", Claims State BJP Chief
The BJP's Punjab president, Sunil Jakhar, on Monday voiced concern over the state's financial situation saying that the Aam Aadmi Party (AAP) government was heavily in debt.
-
US Debt: What Does The Loss Of Triple A Rating Mean
Fitch has downgraded its credit rating for the United States, becoming the second of the top-three ratings agencies to strip the country of a top AAA rating. The impact upon the world's top economy is likely to be just symbolic, at least immediately.
