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"Go Ahead": What Arun Jaitley Told Raghuram Rajan About Tackling Bad Loans
Corruption and delayed planning permits, or land and environmental clearances, contributed to the build-up of non-performing assets - post the global financial crisis - on Indian banks' books, former Reserve Bank chief Raghuram Rajan said.
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Rich Countries Provide No Haven From Climate Doom, Study Finds
Not one country is on track for a 1.5C future based on 2030 national pledges for cutting emissions, according to the Assessing Sovereign Climate-related Opportunities and Risks Project.
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National Highway Authority Of India Not Facing Financial Crises: Nitin Gadkari
The National Highway Authority of India (NHAI) is not facing any financial crises and has drawn up a plan to service its debt through improved inflows of toll revenue and asset monetisation, Parliament was informed on Thursday.
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'Lord of the Rings' Owner Embracer Group Announces Plan to Split Into 3 Standalone Companies: Details
Embracer Group, the embattled gaming conglomerate that owns the rights to the ‘Lord of the Rings’ franchise, has announced that it is splitting into three different companies. The group, which went through significant restructuring this year and sold off major game studios like Saber Interactive and Gearbox to reduce debt, will separate into As...
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Biden Unveils New Plans To Reduce Student Loan Debts To Woo Young Voters
US President Joe Biden was unveiling new plans Monday to reduce student loan debt for millions of Americans, in a fresh bid to win over young voters who will be crucial in November's election.
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UP Man Borrows Money For Online Gaming, Kills Mother In Payback Plan: Cops
An addiction to online gaming led a man to murder his mother so that he could claim her life insurance payout and settle his mountain of debt, police have said.
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Pakistan To Seek $6 Billion In New IMF Loan Program: Report
Pakistan plans to seek a new loan of at least $6 billion from the International Monetary Fund to help the incoming government repay billions in debt due this year, Bloomberg News reported on Thursday, citing a Pakistani official.
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The Day Before Delisted From Steam Days After Troubled Launch, Studio Fntastic Announces Shutdown
The Day Before has been delisted from Steam, following a horrible launch plagued by negative reviews, backlash over false advertising, and inconsistent online features. As a result, its developer Fntastic has also announced closure, with plans to use the received income to pay off debts. Its publisher Mytona, however, has promised to offer refunds ...
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Joe Biden's $400 Billion Student Debt Cancellation Plan Rejected
The US Supreme Court dealt President Joe Biden a significant political setback Tuesday when it overruled his landmark program to cancel the student debt of millions of Americans.
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"Not Going To Fix...": US Rules Out Constitutional Solution To Debt Crisis
President Joe Biden is not planning to invoke the 14th Amendment to prevent a US debt default, the White House said Tuesday, ruling out a constitutional solution to the current debt impasse.
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China Backs Sri Lanka Debt Plan, Clears Way For $2.9 Billion IMF Deal
China has given assurances that it will support Sri Lanka's debt restructuring, clearing the biggest hurdle for the debt-ridden country to secure a much-needed $2.9-billion bailout package from the IMF, President Ranil Wickremesinghe said today.
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Vedanta's Debt-Cut Plan At Risk As India Opposes $3 Billion Asset Sale
Vedanta Resources' efforts to manage its debt load were dealt a blow after the government opposed the mining conglomerate's proposed $2.98 billion deal to move certain zinc assets from its flagship company to another in which it is a majority shareholder.
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IMF Rejects Pakistan's Revised Circular Debt Management Plan: Report
The International Monetary Fund (IMF) review mission has rejected Pakistan's revised Circular Debt Management Plan (CDMP). It has called on the Pakistan government to increase the electricity tariff in the range of Pakistani Rupees
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India Writes To IMF Supporting Sri Lanka's Debt Restructuring Plan: Report
New Delhi's backing comes at a critical time for Sri Lanka as it has to put its massively indebted public finances in order to unlock the IMF loan that was agreed in September.
-
US Supreme Court To Rule On Biden's $400 Billion Student Debt Cancellation Plan
The US Supreme Court agreed Thursday to rule on the legality of President Joe Biden's landmark effort to cancel hundreds of millions of dollars in student debt. The court will hear the case in February or March, according to a statement.
-
"Go Ahead": What Arun Jaitley Told Raghuram Rajan About Tackling Bad Loans
Corruption and delayed planning permits, or land and environmental clearances, contributed to the build-up of non-performing assets - post the global financial crisis - on Indian banks' books, former Reserve Bank chief Raghuram Rajan said.
-
Rich Countries Provide No Haven From Climate Doom, Study Finds
Not one country is on track for a 1.5C future based on 2030 national pledges for cutting emissions, according to the Assessing Sovereign Climate-related Opportunities and Risks Project.
-
National Highway Authority Of India Not Facing Financial Crises: Nitin Gadkari
The National Highway Authority of India (NHAI) is not facing any financial crises and has drawn up a plan to service its debt through improved inflows of toll revenue and asset monetisation, Parliament was informed on Thursday.
-
'Lord of the Rings' Owner Embracer Group Announces Plan to Split Into 3 Standalone Companies: Details
Embracer Group, the embattled gaming conglomerate that owns the rights to the ‘Lord of the Rings’ franchise, has announced that it is splitting into three different companies. The group, which went through significant restructuring this year and sold off major game studios like Saber Interactive and Gearbox to reduce debt, will separate into As...
-
Biden Unveils New Plans To Reduce Student Loan Debts To Woo Young Voters
US President Joe Biden was unveiling new plans Monday to reduce student loan debt for millions of Americans, in a fresh bid to win over young voters who will be crucial in November's election.
-
UP Man Borrows Money For Online Gaming, Kills Mother In Payback Plan: Cops
An addiction to online gaming led a man to murder his mother so that he could claim her life insurance payout and settle his mountain of debt, police have said.
-
Pakistan To Seek $6 Billion In New IMF Loan Program: Report
Pakistan plans to seek a new loan of at least $6 billion from the International Monetary Fund to help the incoming government repay billions in debt due this year, Bloomberg News reported on Thursday, citing a Pakistani official.
-
The Day Before Delisted From Steam Days After Troubled Launch, Studio Fntastic Announces Shutdown
The Day Before has been delisted from Steam, following a horrible launch plagued by negative reviews, backlash over false advertising, and inconsistent online features. As a result, its developer Fntastic has also announced closure, with plans to use the received income to pay off debts. Its publisher Mytona, however, has promised to offer refunds ...
-
Joe Biden's $400 Billion Student Debt Cancellation Plan Rejected
The US Supreme Court dealt President Joe Biden a significant political setback Tuesday when it overruled his landmark program to cancel the student debt of millions of Americans.
-
"Not Going To Fix...": US Rules Out Constitutional Solution To Debt Crisis
President Joe Biden is not planning to invoke the 14th Amendment to prevent a US debt default, the White House said Tuesday, ruling out a constitutional solution to the current debt impasse.
-
China Backs Sri Lanka Debt Plan, Clears Way For $2.9 Billion IMF Deal
China has given assurances that it will support Sri Lanka's debt restructuring, clearing the biggest hurdle for the debt-ridden country to secure a much-needed $2.9-billion bailout package from the IMF, President Ranil Wickremesinghe said today.
-
Vedanta's Debt-Cut Plan At Risk As India Opposes $3 Billion Asset Sale
Vedanta Resources' efforts to manage its debt load were dealt a blow after the government opposed the mining conglomerate's proposed $2.98 billion deal to move certain zinc assets from its flagship company to another in which it is a majority shareholder.
-
IMF Rejects Pakistan's Revised Circular Debt Management Plan: Report
The International Monetary Fund (IMF) review mission has rejected Pakistan's revised Circular Debt Management Plan (CDMP). It has called on the Pakistan government to increase the electricity tariff in the range of Pakistani Rupees
-
India Writes To IMF Supporting Sri Lanka's Debt Restructuring Plan: Report
New Delhi's backing comes at a critical time for Sri Lanka as it has to put its massively indebted public finances in order to unlock the IMF loan that was agreed in September.
-
US Supreme Court To Rule On Biden's $400 Billion Student Debt Cancellation Plan
The US Supreme Court agreed Thursday to rule on the legality of President Joe Biden's landmark effort to cancel hundreds of millions of dollars in student debt. The court will hear the case in February or March, according to a statement.
