Saying that Kerala's public finance is in a dire state, the state's Leader of Opposition VD Satheesan on Saturday blamed the policies of the first Pinarayi Vijayan government for leading into the situation. He specifically blamed off-the-budget borrowing of the KIIFB(Kerala Infrastructure In
"Kerala is in very bad shape financially. It is financially a wreckage. There is no money to pay a pension. 70,000 pensioners have died since 2019 without getting the additional Dearness Allowance (DA). Kerala has the highest debt in the country. How can a state survive like this?" KJ Alphon
"Kerala Finance Minister KN Balagopal has completely failed in the management of finance source of Kerala. Actually speaking Kerala is now in debt trap. The government has no idea how to get over it. The wasteful expenditure has not been corrected. Corruption is one of the major issues in th
The term 'Lehman moment' refers to the catastrophic event in September 2008 in which Lehman Brothers, then the eighth-largest investment bank in the United States filed for bankruptcy, triggering a domino effect that sent shockwaves throughout the global financial system, resulting in the wo
Zhongrong Trust — another major Chinese investment firm — has missed payments to corporate investors, sparking a rare protest in Beijing, CNN reported.
As the rains wreaked havoc in Himachal Pradesh, which claimed the lives of over 70 people, Rajasthan Chief Minister Ashok Gehlot on Friday announced a financial assistance of Rs 15 crore to the hill state.
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According to an official statement, Baghel had a discussion with the Himachal CM Sukhvinder Singh Sukhu on Thursday. He assured that the country stands with the people of Himachal Pradesh in these difficult times and that all necessary efforts will be made.