Tag: Debt
Telangana urges 16th Finance Commission to increase states’ share in Central taxes to 50%
Hyderabad: The Telangana Government on Tuesday requested the 16th Finance Commission to increase the share of states in Central taxes from the existing 41 per…
Adani Group looking to sell up to 5% stake in Adani Power, Ambuja Cements: Report
Aug 22, 2024 03:33 PM IST Promoters of Adani Group are looking to sell 5 per cent stake in Adani Power and Ambuja Cements each,…
Franklin Templeton plans first India debt fund after a $3 billion freeze
Franklin Templeton Asset Management India Pvt. will introduce its first India debt fund after it wound up 252.15 billion rupees ($3 billion) of such plans…
Innoviti funding: Innoviti bags Rs 70 crore in a mix of equity and debt; sets eyes on IPO
Merchant-focused payments company Innoviti Technologies has raised Rs 70 crore (about $8.3 million) in a mix of equity and debt, thereby closing one of its…
Fiscal prudence back but deficiency noted in off-budget disclosure: CAG
The central government was back on the path of fiscal consolidation in 2021-22, having “recovered ground” from the pandemic year, and its ability to sustain…
Vedanta to put $2.5 billion steel business sale on hold after share sale eases debt pressure: Report
Aug 08, 2024 06:27 PM IST The Anil Agarwal-led Vedanta had been working with advisors to sell its steel business to raise around $2.5 billion…
India debt: Govt estimates Centre’s debt will rise to 56.8 per cent of GDP in FY25
The government estimates its debt, including external borrowing, valued at current exchange rate and public account and other liabilities will increase to Rs 185 lakh…
IMF warns Britain against more pre-election tax cuts
LONDON: The International Monetary Fund warned Britain‘s government on Tuesday that it was on course to miss its debt target and should not cut taxes…
Byjus salaries: Byju Raveendran raised debt to pay March salaries
Edtech firm Think and Learn, owner of Byju’s brand, credited partial salaries of employees for the month of March, according to sources. Byju Raveendran, the…
When to alter asset allocation
We were going through our portfolio, as it happens before filing income tax and deciding what we shall do for next year. I proposed that…