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Mobile-Game-Addicted Odisha Man Dies By Suicide After Failing To Repay Debts
A 22-year-old man allegedly died by suicide after failing to repay loans he had taken from people after suffering losses to the tune of lakhs of rupees in mobile games, police said on Monday.
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Cash-Strapped Pak Draws $51 Billion Budget, Sets Aside Half To Pay Debt
Pakistan's cash-strapped government unveiled a 14.5-trillion-rupee (around $50.5-billion) budget Friday, with over half set aside to service 7.3 trillion rupees of debt.
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Adani Ports Considers Repaying $605 Million Debt To Calm Investors
Gautam Adani's ports unit is considering to repay about 50 billion rupees ($604.6 million) of loans, as the beleaguered Indian tycoon seeks to trim debt after a shor
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Explained: How India Earns Each Rupee And Where It Goes
For every rupee that Government of India earns, 34 paise comes through borrowings and liabilities while Goods and Services Tax contributes 17 paise.
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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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Rupee's Worst Behind It, To Stay In Narrow Range In Early 2023: Report
Rupee has hovered close to its lifetime lows through most of December, but investors said it was not a cause for concern as they pinned hopes on inflows into equities and debt in 2023, on a possible recession in global economies.
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Indian Debt Attractive, But Headwinds Deter Foreign Flows: Fund Managers
Foreign investors are unlikely to enter the Indian government debt market, despite attractive valuations, deterred by near-term headwinds, including a depreciating rupee and high hedging costs.
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Alteria Capital In Talks To Raise Up To $438 Million For Third Fund: Report
Alteria Capital Advisors is in talks with investors to raise up to 35 billion rupees ($438 million) for its third debt fund, according to internal documents reviewed by Reuters.
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New Credit Rating Rules Could See 100 Firms Downgraded: Ratings Bodies
The Indian unit of credit rating agency Moody's, ICRA, said on Wednesday that nearly 100 companies with debt totalling 350 billion rupees ($4.40 billion) are likely to be downgraded after the central bank tightened rating methodologies.
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Indian Stocks Mark Their Best Week Since February 2021 On Capital Inflows
Indian benchmark equity indices rose for the sixth straight session on Friday and recorded their best weekly performance since February last year, driven by by foreign portfolio investments marking theirhighest net investments in eight months.
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$79 Billion Of Unhedged Debt Is Next Pain Point For Rupee
Indian companies are rushing to hedge their overseas dollar debt against further declines in the rupee, a process that threatens to cascade into additional losses for the battered local currency.
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Extreme Weather Puts Debt Worth $84 Billion At Risk at India's Top Banks
An increase in extreme weather events such as floods, droughts and cyclones risk souring debt worth more than 6.19 trillion rupees ($84 billion) at India's biggest financial institutions.
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Currency, Debt Markets To Remain Shut Today For Guru Nanak Jayanti
Financial Markets Closed Today For Guru Nanak Jayanti: Trading in currency and debt markets will resume on Tuesday, December 1
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Buddha Purnima 2020: Forex Markets Shut On Thursday
Buddha Purnima 2020: Domestic forex as well as debt markets remained shut on Thursday, May 7.
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Maharashtra Day Holiday: Financial Markets Shut Today, Trading To Resume On Monday
Maharashtra Day 2020: Trading in the equity, debt, forex and commodity markets will resume on Monday, May 4. The recent recovery in global markets was in tandem with global markets, where investors remained optimistic about the development of treatment for COVID-19, which has pushed world business into a standstill.
-
Mobile-Game-Addicted Odisha Man Dies By Suicide After Failing To Repay Debts
A 22-year-old man allegedly died by suicide after failing to repay loans he had taken from people after suffering losses to the tune of lakhs of rupees in mobile games, police said on Monday.
-
Cash-Strapped Pak Draws $51 Billion Budget, Sets Aside Half To Pay Debt
Pakistan's cash-strapped government unveiled a 14.5-trillion-rupee (around $50.5-billion) budget Friday, with over half set aside to service 7.3 trillion rupees of debt.
-
Adani Ports Considers Repaying $605 Million Debt To Calm Investors
Gautam Adani's ports unit is considering to repay about 50 billion rupees ($604.6 million) of loans, as the beleaguered Indian tycoon seeks to trim debt after a shor
-
Explained: How India Earns Each Rupee And Where It Goes
For every rupee that Government of India earns, 34 paise comes through borrowings and liabilities while Goods and Services Tax contributes 17 paise.
-
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
-
Rupee's Worst Behind It, To Stay In Narrow Range In Early 2023: Report
Rupee has hovered close to its lifetime lows through most of December, but investors said it was not a cause for concern as they pinned hopes on inflows into equities and debt in 2023, on a possible recession in global economies.
-
Indian Debt Attractive, But Headwinds Deter Foreign Flows: Fund Managers
Foreign investors are unlikely to enter the Indian government debt market, despite attractive valuations, deterred by near-term headwinds, including a depreciating rupee and high hedging costs.
-
Alteria Capital In Talks To Raise Up To $438 Million For Third Fund: Report
Alteria Capital Advisors is in talks with investors to raise up to 35 billion rupees ($438 million) for its third debt fund, according to internal documents reviewed by Reuters.
-
New Credit Rating Rules Could See 100 Firms Downgraded: Ratings Bodies
The Indian unit of credit rating agency Moody's, ICRA, said on Wednesday that nearly 100 companies with debt totalling 350 billion rupees ($4.40 billion) are likely to be downgraded after the central bank tightened rating methodologies.
-
Indian Stocks Mark Their Best Week Since February 2021 On Capital Inflows
Indian benchmark equity indices rose for the sixth straight session on Friday and recorded their best weekly performance since February last year, driven by by foreign portfolio investments marking theirhighest net investments in eight months.
-
$79 Billion Of Unhedged Debt Is Next Pain Point For Rupee
Indian companies are rushing to hedge their overseas dollar debt against further declines in the rupee, a process that threatens to cascade into additional losses for the battered local currency.
-
Extreme Weather Puts Debt Worth $84 Billion At Risk at India's Top Banks
An increase in extreme weather events such as floods, droughts and cyclones risk souring debt worth more than 6.19 trillion rupees ($84 billion) at India's biggest financial institutions.
-
Currency, Debt Markets To Remain Shut Today For Guru Nanak Jayanti
Financial Markets Closed Today For Guru Nanak Jayanti: Trading in currency and debt markets will resume on Tuesday, December 1
-
Buddha Purnima 2020: Forex Markets Shut On Thursday
Buddha Purnima 2020: Domestic forex as well as debt markets remained shut on Thursday, May 7.
-
Maharashtra Day Holiday: Financial Markets Shut Today, Trading To Resume On Monday
Maharashtra Day 2020: Trading in the equity, debt, forex and commodity markets will resume on Monday, May 4. The recent recovery in global markets was in tandem with global markets, where investors remained optimistic about the development of treatment for COVID-19, which has pushed world business into a standstill.
