Search For "default"
Banks recovered over Rs 10 lakh crore from defaulters in past 9 years: Cen
Updated : 2 years, 7 months ago IST
Minister of State (MoS) Finance Bhagwat Karad informed Parliament that banks in India have recovered non-performing assets worth Rs 10.16 lakh crore on an aggregate basis in the past nine years.
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China mute witness to foreign investors buying property on its mainland: R
Updated : 2 years, 8 months ago IST
China is a mute witness to foreign investors buying property on its mainland as the country faces foreclosure of properties because of thousands of defaults by developers on account of a government crackdown on speculation and a slowing economy, Inside Over reported.
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HP govt to consider one-time settlement policy for Coop Bank loan defaulte
Updated : 2 years, 9 months ago IST
While presiding over the 13th Triennial Convention of Himachal Pradesh Koli Samaj at Rohru in Shimla on Friday, the Chief Minister said that the present state government was committed to the welfare of all the sections of society with a special focus on the vulnerable sections.
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Biden, McCarthy reach 'agreement in principle' to raise debt ceiling
Updated : 2 years, 9 months ago IST
This comes as an important step toward preventing a government default that could be nine days away.
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Excise scam: Delhi Court dismisses YSRCP MP's son default bail plea
Updated : 2 years, 9 months ago IST
Raghav Magunta's regular bail plea was also dismissed by the trial Court in April where the judge said, "The court is prima facie of the view that there is a genuine case made out by the investing agency showing active involvement of the applicant in the commission of the alleged offence of
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Fitch places US on rating watch negative amid debt ceiling fight
Updated : 2 years, 9 months ago IST
The credit ratings agency placed top-ranked US credit on rating watch negative, reflecting the uncertainty surrounding the current debt ceiling debate and the possibility of a first-ever default, CNN Business said.
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Spectre of potential default looms large over Pakistan's economy: Report
Updated : 2 years, 9 months ago IST
The consequences of a default for Pakistan's economy would be dire with hyperinflation, devaluation of the Pakistani rupee, a near-halt in imports, the closure of more factories, an increase in unemployment and political and social unrest.
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Sensex extends losses for second day, 372 points down on weak global cues
Updated : 2 years, 10 months ago IST
BSE 30-share Sensex went down 372 points and settled at 61,560.64 while NSE Nifty 50 lost 98 points to end at 61,560.64
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Biden meets Congressional leadership over debt ceiling
Updated : 2 years, 10 months ago IST
"This afternoon, President Biden hosted Leader Schumer, Leader McConnell, Speaker McCarthy, and Leader Jeffries in the Oval Office for a productive and direct meeting about the need to ensure America does not default on its debt for the first time in our history, and on a budget agreement th
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US may default on debt as soon as June 1, Treasury Secy Yellen reaffirms
Updated : 2 years, 10 months ago IST
"With additional information now available, I am writing to note that we still estimate that Treasury will likely no longer be able to satisfy all of the government's obligations if Congress has not acted to raise or suspend the debt limit by early June, and potentially as early as June 1
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IL&FS Case: ED summons NCP leader Jayant Patil on May 12
Updated : 2 years, 10 months ago IST
The investigation pertains to alleged irregularities in IL&FS Group's loan and equity investment in Kohinoor CTNL, which is one of the defaulters. Kohinoor CTNL is developing the Kohinoor Square tower in Dadar (West).
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Travel Agents Association says Go First issue has shocked aviation industr
Updated : 2 years, 10 months ago IST
Mayal in a statement on Wednesday commented on the struggles faced by the industry regarding correct procedures and protocols, stating it is surprising that a country, considered a power centre, faces such challenges again and again, pertaining to the aviation sector.
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