Tag: Debt
insolvency: IBBI prepares list of 400 insolvency professionals for easy pickings
In a first for the country’s bankruptcy resolution regime, the insolvency regulator has prepared a “common panel” of 400 insolvency professionals (IPs) from those registered…
Oecd India Growth: OECD raises India’s FY24 growth forecast a jot to 6%
The Organisation for Economic Co-operation and Development (OECD) on Wednesday moved its forecast on India’s economic expansion for this fiscal year higher to 6%, from…
Despite heavy supply, debt cost slips marginally for states to 7.32 per cent
Despite larger than notified supplies, the average cost for the states that hit the market on Tuesday will be less in terms of coupons, which…
Debt limit talks seem to make little headway as Biden, world leaders watch from afar for progress
WASHINGTON: Debt limit talks between the White House and House Republicans stopped, started and stopped again heading into a weekend where President Joe Biden and…
S&P retains India credit rating; expects sound fundamentals to underpin growth
The Indian economy is performing well amid challenging global conditions and sound fundamentals will underpin its growth over the next two to three years, S&P…
Biden: Joe Biden’s student loan help would be ‘annihilated’ by GOP bill
WASHINGTON: President Joe Biden‘s student loan agenda would be all but obliterated by the US debt legislation passed by House Republicans, dooming his mass cancellations,…
Government to set up 16th Finance Comm in 2023 to suggest Centre-state tax devolution beginning FY27
The government is likely to set up the 16th finance commission this year to suggest, among other things, the ratio in which tax is to…
india: India’s external debt rises 1.2% to $613.1 bn as of end-December, highlights govt
The external debt of India rose 1.2 per cent quarter-on-quarter to $613.1 billion as of end-December, the government stated on Friday. According to the data,…
Volatile political situation in Pakistan delaying IMF deal: Report
WASHINGTON/ISLAMABAD: The current volatile political situation in Pakistan has become a factor in delaying a much-needed deal with the Washington-based IMF that may stabilise the…
India sovereign ratings: India bats for sovereign rating upgrade in review with global agencies
India is seeking an upgrade to its sovereign credit rating, currently at the lowest-possible investment grade, as the Asian nation believes its economic metrics have…