Search For "borrowing"
EU leaders reach landmark EUR1.82 trillion Covid-19 recovery package
Updated : 5 years, 10 months ago IST
Brussels [Belgium], July 21 (ANI): EU leaders agreed early on Tuesday to an unprecedented 1.8 trillion euros (2 trillion dollars) aid and budget deal aimed at helping hard-hit bloc members recover from the economic fallout of novel coronavirus pandemic.
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One held in Hyderabad for posing as plasma donor, duping people
Updated : 5 years, 10 months ago IST
Hyderabad (Telangana) [India], July 21 (ANI): The Hyderabad Police has arrested a man who posed as a COVID-19 recovered patient to cheat over 200 people by borrowing money on the pretext of donating plasma and supplying antiviral medicines.
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India's debt to GDP ratio may rise to 87.6 pc: SBI Ecowrap
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 20 (ANI): India's debt to gross domestic product (GDP) ratio could climb to 87.6 per cent this fiscal, up from 72.2 per cent last year, due to a collapsing GDP and consequently higher borrowings, according to a research note by SBI Ecowrap released on Monda
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Yes Bank stock dips over 11 pc after large amount of share transaction
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 13 (ANI): Shares of Yes Bank tumbled over 11 per cent during early hours on Monday following reports that the Securities and Exchange Board of India (SEBI) may look into a large amount of share transaction of the bank under the Securities Lending and Borrow
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L&T Infrastructure Finance closes $100 million ECB from AIIB
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 7 (ANI): L&T Infrastructure Finance Company Ltd (LTIF) has received the first tranche of 50 million dollars of the total 100 million dollars external commercial borrowing loan from Asian Infrastructure Investment Bank (AIIB), a multilateral developme
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Ramco Cements Q4 profit falls over 11 pc at Rs 146 crore
Updated : 5 years, 11 months ago IST
Chennai (Tamil Nadu) [India], June 19 (ANI): Ramco Cements, the fifth largest cement producer in India, on Friday reported 11.6 per cent fall in its Q4 FY20 net profit at Rs 146 crore versus Rs 165 crore in Q4 FY19.
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Chhattisgarh CM requests for additional borrowing limit of 2 per cent of G
Updated : 5 years, 11 months ago IST
Raipur (Chhattisgarh) [India], June 9 (ANI): Chhattisgarh Chief Minister Bhupesh Baghel has written a letter to Union Finance Minister Nirmala Sitharaman requesting her to reconsider the Centre's decision to link the increased borrowing limit of states to specific reforms and allow the state
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Blue Star raises Rs 350 crore through issuance of unsecured NCDs
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 1 (ANI): Air conditioning and commercial refrigeration major Blue Star said on Monday it has completed the raising of Rs 350 crore through the private placement of non-convertible debentures (NCDs).
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States' deficit, market borrowings to increase to 4.5 pc of GDP: Ind-Ra
Updated : 5 years, 12 months ago IST
Mumbai (Maharashtra) [India], May 26 (ANI): India Ratings and Research (Ind-Ra) expects the aggregate fiscal deficit of states to now rise to 4.5 per cent of gross domestic product (GDP) in FY21 as against the agency's earlier forecast of 3 per cent.
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Centre hikes borrowing limit for states to 5 pc of GSDP to absorb COVID-19
Updated : 6 years ago IST
New Delhi [India], May 17 (ANI): Finance Minister Nirmala Sitharaman said on Sunday the Central government has increased borrowing limit for states from 3 to 5 per cent of gross state domestic product (GSDP) for the current financial year 2020-21, giving them additional resources of Rs 4.
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Borrowing limit of states increased from 3 to 5 percent, will give extra r
Updated : 6 years ago IST
New Delhi [India], May 17 (ANI): To deal with the economic fallout of COVID-19, the Centre increased borrowing limit for states from three to five per cent for 2020-21 only, Union Finance Minister Nirmala Sitharaman announced on Sunday.
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Increased government borrowing unlikely to translate into meaningful fisca
Updated : 6 years ago IST
New Delhi [India], May 16 (ANI): The government's announcement of enhancing gross borrowings to Rs 12 lakh crore from the budgeted Rs 7.8 lakh crore in FY21 will largely take care of the revenue shortfall, leaving little space for fiscal stimulus, unless the Centre sharply cuts the budgeted
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