GMR Hyderabad International Airport (GHIAL), a subsidiary of GMR Airports, announced that it has successfully raised funds through the issuance of 10-year listed, rated, redeemable, secured non-convertible debentures (NCDs) amounting Rs 11.50 billion, on private placement basis.
The risk of the Chinese ecnomy going into a tailspin has increased, with the country's realty sector facing a crisis due to extreme borrowings by construction contractors, reported Channel News Asia.
The State Bank of Pakistan's (SBP) decision to hike its key policy rate by 100 basis points to a 24-year high of 16 per cent has created a new problem for Islamabad as it has to pay a heavy price for borrowing after the rate hike.
Shweta and her mother Jaya Bachchan were the guests on the latest episode of her daughter Navya Naveli Nanda's podcast 'What The Hell Navya' on YouTube, where the trio candidly talked about topics related to their life.
Fast deteriorating CDS is signalling the foreign investors that Islamabad is precariously near default. Rather than taking SOS measures for economic revival, Islamabad is still pinning its hope on assistance from Saudi Arabia and China which have dried up in the recent past.
NFRA said it had come to its attention that during a disciplinary action under section 132(4) of the Act for professional misconduct of a statutory auditor, namely chartered accountant Som Prakash Aggarwal, of a listed company -- Vikas WSP Ltd, that the company in the financial statements
Beijing [China], October 3 (ANI): China is falling into its own debt trap as the country's banks have sharply reduced lending to low-income countries under its flagship Belt and Road initiative (BRI) after the crumbled economies of borrowing countries have left the Asian giant with huge pile
New Delhi [India], September 29 (ANI): The government on Thursday lowered the market borrowing target for the current financial year by Rs 10,000 crore amid buoyancy in tax collections.
Mumbai (Maharashtra) [India], September 22 (ANI): The Indian stock market's benchmark Sensex fell 337 points on Thursday after the US Federal Reserve hiked interest rate by 75 basis points and signaled that the borrowing costs would be increased further in the coming months.
Mumbai (Maharashtra) [India], September 22 (ANI): The Indian stock market's key indices, Sensex and Nifty, fell sharply on Thursday after the US Federal Reserve hiked policy interest rate by 75 basis points and signaled that the borrowing costs would be increased further in the coming months
Colombo [Sri Lanka], September 13 (ANI): A United States diplomat asked China to cooperate with Sri Lanka's debt restructuring and advised the island nation to be responsible for future borrowings while agreeing to participate in the re-structuring of Sri Lanka's debt.