Search For "debt"
Chinese firms pledge to invest USD 5 bn in debt-ridden Pakistan
Updated : 6 years, 8 months ago IST
Islamabad [Pakistan], July 13 (ANI): Leading Chinese firms have told Prime Minister Imran Khan that they will invest USD 5 billion in cash-strapped Pakistan in various sectors over a period of three to five years.
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US Treasury urges Congress to raise federal debt ceiling, warns it could r
Updated : 6 years, 8 months ago IST
Washington D.C. [USA], July 13 (ANI): The US Department of the Treasury on Friday (local time) urged Congress to raise the federal debt ceiling before lawmakers leave for the August recess, warning that the government could run out of money in early September.
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Andhra Pradesh: Farmer commits suicide by hanging self from tree
Updated : 6 years, 8 months ago IST
Srikakulam (Andhra Pradesh) [India], July 12 (ANI): A farmer has committed suicide in Mandasa village of Srikakulam district on Thursday after allegedly failing to repay debts.
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22 yrs later, Kenyan MP returns to India to repay Rs 200 debt
Updated : 6 years, 8 months ago IST
Aurangabad (Maharashtra) [India], Jul 12 (ANI): A Member of Parliament (MP) from Kenya travelled all the way to Maharashtra's Aurangabad city just to repay a debt of Rs 200 he had taken from a grocer 22 years ago.
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Reliance Infrastructure inter-creditor pact signed among 16 lenders
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): Reliance Infrastructure Limited's 16 lenders have signed the inter-creditor agreement (ICA), the Anil Ambani-owned company said on Thursday, adding it aims to be debt free by next year.
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Government would ensure Air India is purchased by an Indian entity: Puri
Updated : 6 years, 8 months ago IST
New Delhi [India], July 11 (ANI): The government said on Thursday that 'unsustainable debt burden' was the reason for Air India's downfall and hence the government was committed to strategic disinvestment of Air India.
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Brickwork downgrades IFCI's credit ratings to BBB plus with negative outlo
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 10 (ANI): Brickwork Ratings has downgraded credit ratings of government-owned specialised financial institution IFCI Limited's long-term debt instruments, non-convertible debentures and bonds from BWR A minus to BBB plus with negative outlook.
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DRT Pune directs Nirav Modi to pay Rs 7300 crore with interest to PNB
Updated : 6 years, 8 months ago IST
Pune (Maharashtra)[India], July 06 (ANI): Pune's Debt Recovery Tribunal (DRT) on Saturday passed an order asking fugitive diamantaire Nirav Modi and his aides to pay Rs 7300 crore with interest to Punjab National Bank (PNB).
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Union Budget proposes measures to deepen corporate debt markets
Updated : 6 years, 8 months ago IST
New Delhi [India], July 5 (ANI): A number of measures to further deepen bond markets have been proposed by Union Minister of Finance and Corporate Affairs Nirmala Sitharaman, while presenting the Union Budget 2019-20 in Parliament on Friday.
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Regulators may enable stock exchanges to allow AA rated bonds as collatera
Updated : 6 years, 8 months ago IST
New Delhi [India], July 5 (ANI): The government will work with Reserve Bank of India and Securities and Exchange Board of India to enable stock exchanges to allow AA rated bonds as collaterals, Finance Minister Nirmala Sitharaman said on Friday while presenting the Union Budget 2019-20 in
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Centre orders probe into Jet Airways over mismanagement, siphoning of fund
Updated : 6 years, 8 months ago IST
New Delhi [India], July 5 (ANI): Ministry of Corporate Affairs on Thursday ordered a probe into the debt-laden Jet Airways over alleged mismanagement, including siphoning of funds.
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Rajasthan: Farmer commits suicide due to debt, bank denies sending notice
Updated : 6 years, 8 months ago IST
Sri Ganganagar (Rajasthan) [India], July 4 (ANI): A farmer committed suicide by consuming pesticides in his farmland in Raghunathpura village, Sri Ganganagar. He allegedly took this step as he was undergoing a major financial strain, said his family members.
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