Tag: External Debt

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Posted in Startups

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…

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india: India's external debt rises 1.2% to $613.1 bn as of end-December, highlights govt
Posted in Economy

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,…

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Public Debt: Centre’s debt burden hits Rs 146 lakh crore in Q3
Posted in Economy

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,…

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Posted in Economy

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…

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Volatile political situation in Pakistan delaying IMF deal: Report
Posted in Pakistan News

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…

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Apprehensions of Pakistan defaulting on debts 'over now', says PM Sharif
Posted in Pakistan News

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…

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India sovereign ratings: India bats for sovereign rating upgrade in review with global agencies
Posted in Economy

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…

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