Search For "default"
Congress is responsible for India's non-performing assets crisis: BJP lead
Updated : 2 years, 4 months ago IST
He posted on X, "The Congress would have us believe that the BJP government is responsible for the NPA crisis, but former RBI governor Raghuram Rajan, an ally of the Congress, was unambiguous in ponting out that many of the problematic loans originated during Congress-led UPA era. Banks were
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Pakistan electric supply company recover over USD 1.7 mn from pilferers
Updated : 2 years, 4 months ago IST
Chief Executive Iesco Dr Mohammad Amjad Khan stated that the recovery of electricity dues from the defaulters was being ensured in every case and no one had the right to use electricity without paying the bill. He said this during a review meeting on the performance of the ongoing campaign r
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Pakistan: Over PKR 6 billion recovered from defaulters in power theft crac
Updated : 2 years, 5 months ago IST
Amid the ongoing outrage over inflated electricity bills, the Power Division of Pakistan has recovered over Pakistan Rupee (PKR) 6 billion during a countrywide power theft crackdown, reported ARY News.
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As IMF reforms kick in, inflation in Pak stays high at 27.4 per cent
Updated : 2 years, 6 months ago IST
The inflation rate for food remained high at 38.5 per cent in August, according to figures from Pakistan's statistics department, despite a minor decline from July's 28.3 per cent rate.
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China: Property developer firm Country Garden faces loss of USD 7 billion
Updated : 2 years, 6 months ago IST
Country Garden, one of China's property developers, said that it has faced a loss of USD 7 billion during the first six months of 2023. The property developer company said that it could default on its debts, CNN reported.
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Chinese property developer Country Giant warns of USD 7.6 bn loss as it ne
Updated : 2 years, 6 months ago IST
One of China’s biggest property developers, Country Garden, says it has burned through up to USD 7.6 billion in the first half of the year, compounding the crisis coursing through the country’s embattled real estate sector, CNN reported.
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Real estate giant's financial crisis threatens Chinese economy
Updated : 2 years, 6 months ago IST
However, the issue is considerably more widespread than just one business, and the timing is quite poor. According to the New York Times, Country Garden's default would be the most recent in a spate of failures in a housing market that has been struggling for years.
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Excise Policy case: Delhi HC issues notice to ED on Vijay Nair's default b
Updated : 2 years, 7 months ago IST
The Delhi High Court on Thursday issued notice to the Enforcement Directorate on a default bail petition moved by the Aam Aadmi Party's former communication head, Vijay Nair, in a money laundering case related to alleged irregularities in the now-scrapped Excise Policy case. Earlier, the Hig
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Excise Policy case: Vijay Nair moves Delhi HC with default bail plea
Updated : 2 years, 7 months ago IST
Aam Aadmi Party's former Communication head Vijay Nair moved Delhi High Court with a default bail petition in a money laundering case related to alleged irregularities in Excise Policy (now scrapped) case.
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Upto Rs 250 cr fine for every data breach in Data Protection Bill, 2023
Updated : 2 years, 7 months ago IST
The bill gives certain exemptions to government for the purposes of investigation or for the purpose of ascertaining the financial information and assets and liabilities of any person who has defaulted in payment due on account of a loan or advance taken from a financial institution.
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Excise policy case: Delhi Court dismisses Vijay Nair's default bail plea
Updated : 2 years, 7 months ago IST
The Rouse Avenue Court of Delhi on Thursday dismissed the default bail petition of Vijay Nair in a money laundering case related to alleged irregularities in the Excise Policy (now scrapped) case.
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Delhi Spl court dismisses default bail plea of PFI leaders in money launde
Updated : 2 years, 7 months ago IST
A Special Court of Delhi has dismissed the default bail petition of Perwez Ahmad (President, PFI Delhi), Md Ilias (General Secretary, PFI Delhi), and Abdul Muqeet (Office Secretary, PCI, Delhi) in relation to their alleged involvement in the offence of money laundering in the guise of cash d
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