Search For "debt burden"
India calls for ensuring financial viability of infrastructure projects in
Updated : 3 years, 11 months ago IST
New York [US], April 29 (ANI): Speaking at the Economic and Social Council (ECOSOC), India's Deputy Permanent Representative to the UN, R Ravindra on Friday said that infrastructure investments, especially in low and middle-income countries must follow "principles of financial viability" to
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NCLT declares real estate developer Supertech insolvent
Updated : 4 years ago IST
New Delhi [India], March 25 (ANI): The National Company Law Tribunal (NCLT) on Friday ordered insolvency proceedings against real estate developer Supertech Ltd, which has a debt burden of around Rs 1,200 crore.
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China turns its back on Sri Lanka economic crisis
Updated : 4 years ago IST
Colombo [Sri Lanka], March 23 (ANI): China refused to assist Sri Lanka which appealed to reschedule its huge Chinese debt burden in the face of the Covid-19 outbreak that has adversely affected the tourism sector, said a media report.
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Pak Finance ministry says debt burden is Rs 11.8 trillion higher than lega
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], January 26 (ANI): A report prepared by the Pakistan's Ministry of Finance showed that the federal government's burden was Rs11.8 trillion higher than legally allowed limit set by parliament and that some targets fixed under the debt management strategy were also breache
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BRI designed to make profits for Chinese companies at cost of recipient co
Updated : 4 years, 2 months ago IST
Washington [US], December 29 (ANI): China's Belt and Road Initiative (BRI) project has become synonymous with wasteful spending, ecological destruction and massive debt burdens and aims to make profits for the participating country's leaders and Chinese companies at the cost of the nation's
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China's debt increasing, financial system struggle to manage burden: US co
Updated : 4 years, 4 months ago IST
Washington [US], November 18 (ANI): In the wake of Beijing's stimulus-led recovery from the COVID-19 pandemic, China's debt burden has further increased, stressing a financial system still struggling to manage an unprecedented debt expansion following the 2008 global financial crisis, US-Chi
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S&P affirms BB-minus/B ratings on Kerala, outlook stable
Updated : 4 years, 6 months ago IST
Singapore, Sep 21 (ANI): S&P Global Ratings has affirmed BB-minus long-term and B short-term issuer credit ratings on the state of Kerala.
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3 members of family die by suicide due to debt burden in Andhra's Chittoor
Updated : 4 years, 7 months ago IST
Chittoor (Andhra Pradesh) [India], August 26 (ANI): Three members of the same family allegedly committed suicide in Andhra Pradesh's Chittoor district on Wednesday due to the heavy debts incurred, informed police.
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Tamil Nadu minister releases white paper on state's economy; AIADMK critic
Updated : 4 years, 7 months ago IST
Madurai (Tamil Nadu) [India], August 10 (ANI): Tamil Nadu Minister PTR Palanivel Thiagarajan has released a white paper highlighting the state's economic situation wherein he has said that the total debt burden of the state is Rs 5.7 lakh crore.
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Conflict in Israel has limited economic implications: Moody's
Updated : 4 years, 10 months ago IST
London [UK], May 24 (ANI): Given the long-standing resilience of the Israeli economy to geopolitical developments, Moody's Investors Service expects heightened conflict with Hamas militants in Palestine to have only a modest impact on the country's economic recovery from the pandemic and on
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Parag Milk Foods to raise Rs 316 crore for expansion
Updated : 4 years, 11 months ago IST
Pune (Maharashtra) [India], April 5 (ANI): Leading dairy FMCG company Parag Milk Foods on Monday announced plans to raise Rs 316 crore by way of preferential issue of equity shares, foreign currency convertible bonds (FCCBs) and issue of convertible warrants.
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Cash-strapped Chinese local governments urged not to 'blindly expand' infr
Updated : 5 years ago IST
Beijing [China], March 14 (ANI): China's top leadership has issued a warning about the 'heavy debt burden' of some local governments, saying greater monitoring is needed.
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