This hefty borrowing, amounting to PKR 7.39 trillion from July 2023 to June 7, 2024, surpasses the government's collective borrowings of PKR 7.16 trillion in the previous two fiscal years (FY23 and FY22).
India's current account balance registered a surplus of USD 5.7 billion, equivalent to 0.6 per cent of GDP, in the fourth quarter of the financial year 2023-24, highlighted data from RBI.
Former President, of Punjab Pradesh Congress Committee (PPCC) Navjot Singh Sidhu hit out at the Aam Aadmi Party (AAP) and said in a press release posted on X that the Punjab government must be held accountable for this drastic decline in investment, directly impacting public welfare.
Bengaluru (Karnataka) [India], December 11: Presstonic Engineering Ltd engaged in the manufacturing of Metro Rail Rolling Stock, Metro Rail Signalling, and Infrastructure plans to raise Rs 23.30 crore from its SME public issue. The public issue will open for subscription on December 11. The
Mumbai (Maharashtra) [India], August 10: Pyramid Technoplast Limited, an industrial packaging company known for its expertise in manufacturing polymer based molded products is planning to raise up to Rs. 153.05 crore from its public issue to fund its growth plans. The company plans to use is
Mumbai (Maharashtra) [India], May 8 (ANI/PRNewswire): Avighna Group, Mumbai's leading real estate developer, has announced the expansion of its residential portfolio with plans to develop two ultra-luxury residential towers in Worli. The two towers - a 17-storey tower and a 35-storey tower -
Central bank data showed that bank credit to the private sector considered an engine of economic growth, dropped over fivefold in the period under review during the current difficult times. It clearly showed that businesses had been badly hit by the ongoing economic and political crisis.
Mumbai (Maharashtra) [India], March 14 (ANI/NewsVoir): Public issue of Bright Outdoor Media Ltd - engaged in the business of providing advertising media services consisting Out of Home (OOH) media services is scheduled to open for subscription on March 14. Company is planning to raise Rs 55.
The company also reported its profit before tax for the nine-months ended December 31, 2022, stood at Rs 14,616 crore compared to Rs 12,624 crore in the corresponding period of the previous year. After providing Rs 2,802 crore for tax, the reported profit after tax stood at Rs 11,814 crore,
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.