Ishiba is set to helm world's fourth-largest economy in the face of a weakening yen, inflation, growing national debt and wage stagnation. The country has also to contend with increasing tensions in the Asia-Pacific, North Korea's nuclear ambitions and China's growing military threats.
New Delhi [India], September 27: RBI registered NBFC-MFI, SATYA Micro Capital Limited has successfully raised Rs 1000 Mn from Mizuho Bank Ltd. which is a subsidiary of Mizuho Financial Group, Inc. Expanding its lender base, it is for the very first time that SATYA has been backed by Mizuho B
Mumbai (Maharashtra) [India], September 25: Paptech Corp Pvt. Ltd., a leading distributor in the packaging boards industry, announces its successful debt fundraising of USD 1 million from banks and financial institutions. The raised funds, a mix of secured and unsecured debt, will be used to
The meeting addressed issues such as reducing pendency, adopting best practices, optimising recoveries, and rolling out the new DRT Regulations 2024. The primary focus of the discussions was on streamlining the recovery process through improved mechanisms and collaborative efforts from all s
The average debt per citizen in Pakistan has now touched PKR 295,000. The total debt owed by the country currently has risen by PKR 8.36 trillion, bringing the total to PKR 71.24 trillion in 2024, ARY News said, citing a report by Pakistan's Ministry of Finance.
SEBI conducted an inspection of ACL following a report by SEBI Registered Research Analyst, highlighting certain concerns related to a high-risk transaction undertaken by Axis Capital Limited, a SEBI registered Merchant Banker and a wholly owned subsidiary of Axis Bank Limited.
New Delhi [India], September 18: Integrated Industries Ltd Reports stellar results : Net Sales jumps 462%, Profits up 225%. Company announced record date for stock split at 1st October, 2024 for determining eligibility for the upcoming stock split, reducing the face value of its equity share
With the formation of the new government at the centre, road construction project awards, have picked up, according to a research report by Nuvama. The award for road projects was halted during the first quarter of FY25 because of the imposition of election model code of conduct.
Amid concerns about India's rising household debts a recent report by Care Edge Ratings highlighted that the increase in household debt is primarily driven by a surge in housing loans, which constitute over 50 per cent of retail loans.
The Reserve Bank of India Governor Shaktikanta Das cautioned the world on the rising global debt, which has surged to a staggering USD 315 trillion, equivalent to 333 per cent of global GDP in 2024.
Amid a declining property market in China, regional banks are offloading non-performing real estate loans despite government pressure to support the housing sector. As of June 2024, non-performing industrial loans at local banks surged, prompting significant asset sales to manage bad debts.