Tag: External Debt
External debt in comfort zone and better than many others, says FM Sitharaman
New Delhi: India’s external debt-to-GDP ratio at 18.7%, its debt service ratio at 6.7% and foreign exchange reserves-to-external debt ratio at 97.4% are “within the…
India’s external debt remains within comfort zone and better than many others: Finance Minister
India’s external debt-to-GDP ratio at 18.7%, its debt service ratio at 6.7% and foreign exchange reserves-to-external debt ratio at 97.4% are “within the comfort zone”…
bharatpe funding: BharatPe to raise Rs 500 crore debt over the next year; makes new board appointments
New-Delhi based fintech startup BharatPe is looking to raise Rs 500 crore of debt through unlisted non-convertible debentures (NCDs), multiple people aware of the discussions…
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,…
Public Debt: Centre’s debt burden hits Rs 146 lakh crore in Q3
The central government’s total debt rose 2.6% in the December quarter of the current fiscal year from the previous quarter to Rs 146.36 lakh crore,…
India’s Finance Ministry to make a case for higher sovereign rating
The finance ministry will make a pitch to global rating agencies in the coming days for an upgrade in India‘s sovereign rating, citing a sharp…
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…
Apprehensions of Pakistan defaulting on debts ‘over now’, says PM Sharif
ISLAMABAD: Apprehensions of a default by Pakistan on debt obligations are “over now”, the country’s Prime Minister Shehbaz Sharif said on Wednesday, adding that a…
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…