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Debt Deficit

Chinas Foreign Minister Qin Gang

China Rolls Over $2.4 Billion Loan To Its Key Ally Pakistan

"Chinese EXIM Bank has rolled over for 2 years principal amounts of following loans totalling US$ 2.4 billion which are due in next 2 fiscal years: FY2023-24: US$1.2 billion FY2024-25: US$ 1.2 billion," Finance minister of...

27 July 2023

US President Joe Biden is meeting Republican leader Kevin McCarthy in a bid to resolve the debt-ceiling crisis

Explained: What's The US Debt Ceiling Crisis, How Could World Economy Take A Hit If US Defaults On Debt?

Even if the US debt default is in place for just one week, 1.5 million jobs across the country would be lost, according to an estimate by Moody's Analytics, which added that a prolonged default could cost 7.8 million...

22 May 2023

US President Joe Biden

Will It Take Market Crash For Congress To Raise Debt Limit?

Biden tried to edge closer on Thursday by releasing his budget plan that cuts deficits by $2.9 trillion over 10 years, an offer that House Speaker Kevin McCarthy, R-Calif, quickly dismissed as woefully insufficient

12 March 2023

Chinas Foreign Minister Qin Gang

China Agrees To Reschedule $2 Billion Debt Of Pakistan

The Economic Coordination Committee (ECC) of the Cabinet, chaired by Finance Minister Ishaq Dar on Thursday, approved the revised terms of the agreement reached between Islamabad and Beijing, according to senior Pakistani...

21 July 2023

US President Joe Biden

Explainer: What Is The US Debt Ceiling Crisis And Can It Affect Indian Economy?

Debt Ceiling negotiations has forced United States President Joe Biden to change plans to visit Australia

17 May 2023

Debentures

Market-Linked Debentures Are Popular, But Are Losing Their Preferential Tax Status, What Lies Ahead?

Market-linked debentures are catching the attention of investors these days. As they lose their preferential tax status, and their returns are treated as short-term capital gains, how much of their appeal will they lose? Are...

10 February 2023

Gautam Adani

Adani Raises Rs 1,250 Cr Through First Bond Sale Since Hindenburg Report

In a stock exchange filing, Adani Enterprises Ltd said it has raised Rs 1,250 crore "by allotment of 1,25,000 secured, unrated, unlisted, redeemable, non-convertible debentures (NCDs) of the face value of Rs 1 lakh each on...

14 July 2023

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Pratik Rashmikant Shah, Director, Milestone Financial Distribution PVT LTD

Why Asset Allocation Matters

Asset allocation is the practice of dividing one’s investment corpus among different asset classes such as equity, debt, gold and several other asset classes.

08 February 2023

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31 January 2023
Ahead Of Budget 2023, States Debt Cost Rises Marginally To 7.68%

Ahead Of Budget 2023, States Debt Cost Rises Marginally To 7.68%

The spread between the 10-year state bonds also called state development loans and the benchmark G-sec (Government Securities) yield rose to 33 basis points...


27 December 2022
Total Government Debt Rises To Rs 147 Lakh Crore In Q2: Finance Ministry Report

Total Government Debt Rises To Rs 147 Lakh Crore In Q2: Finance Ministry Report

In percentage terms, it reflects a quarter-on-quarter increase of 1 per cent in second quarter of 2022-23


10 October 2022
What Are Short-Term Debt Mutual Funds? How Are Dividends Taxed?

What Are Short-Term Debt Mutual Funds? How Are Dividends Taxed?

Short-term debt funds could be an ideal investment instrument for investors with a low-risk appetite during a rising interest rate scenario.


19 September 2022
Finding Yourself In Debt End Of Every Month? 4 Ways To Avoid This Situation

Finding Yourself In Debt End Of Every Month? 4 Ways To Avoid This Situation

Taking loans for making ends meet is a bad spot to be in. Read here to learn about some of the ways in which you can help yourself to avoid this situation.


27 February 2022
 Congress Leader Chidambaram Slams Yogi Govt For Adding 40 Per Cent To UP's Debt

 Congress Leader Chidambaram Slams Yogi Govt For Adding 40 Per Cent To UP's Debt

Launching an attack on Yogi Adityanath-led UP government for its performance, Congress leader Chidambaram said the Gross State Domestic Product (GSDP) of Uttar...


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16 December 2021
CAG Report Reveals Alarming Debt Burden Of Himachal Pradesh

CAG Report Reveals Alarming Debt Burden Of Himachal Pradesh

The state of Himachal Pradesh is mounting with debt as it grows at an alarming rate, Comptroller and Auditor General of India has raised concerns. From 2015-16...


24 November 2021
Pay Off Your Old Debt To Increase Your Home Loan Eligibility

Pay Off Your Old Debt To Increase Your Home Loan Eligibility

Paying off existing debt and showing more sources of income increase your chances of getting a bigger home loan. Adding a co-applicant who’s working, boosts...


14 July 2021
Economic Crisis: Sri Lanka Cuts Back On Imports Amid Mounting Debt

Economic Crisis: Sri Lanka Cuts Back On Imports Amid Mounting Debt

Shortages are pushing prices higher for many consumer goods, from bread to construction materials to gasoline, triggering protests among Sri Lankans fed up...


27 February 2021
US Owes India USD 216 Billion, USD 1 Trillion To China: Congressman Alex Mooney

US Owes India USD 216 Billion, USD 1 Trillion To China: Congressman Alex Mooney

In 2020, the US national debt was USD 23.4 trillion, which amounts to USD 72,309 in debt per person, US lawmaker Alex Mooney said


20 January 2021
Fiscal Deficit Of States To Hit Peak Of Rs 8.7 Crore As Tax Collection Records Steep Fall: Crisil Report

Fiscal Deficit Of States To Hit Peak Of Rs 8.7 Crore As Tax Collection Records Steep Fall: Crisil Report

The pandemic has hit tax collections of the states and resulted in a near four-fold spike in their revenue deficits this fiscal over FY20, the report said.


18 September 2020
Total Govt Liabilities Rise To Rs 101.3 Lakh Cr In First Quarter: Finance Ministry Report

Total Govt Liabilities Rise To Rs 101.3 Lakh Cr In First Quarter: Finance Ministry Report

The total debt of the government stood at Rs 88.18 lakh crore at end-June 2019.


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12 June 2020
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Are debt funds safe in today’s market condition? Find out the answer in our second episode of your money in pandemic times. Catch Mahendra Jajoo, CIO - Fixed...


23 August 2019
Spilling The Beans: How Murky Was Cafe Coffee Day Founder VG Siddartha's Death

Spilling The Beans: How Murky Was Cafe Coffee Day Founder VG Siddartha's Death

Were Cafe Coffee Day czar Siddhartha's problems insurmountable? The answer is elusive till a complete picture of his financial situation is revealed


23 August 2019
Death By Debt: Indian Businesses Are Devastated, Tax Terror Adds To Woes

Death By Debt: Indian Businesses Are Devastated, Tax Terror Adds To Woes

Debt looms as a terrifying spectre. Zombie companies or corporate underachievers have doubled and even the biggest of business empires like Reliance Industries...


06 July 2019
Debt Tribunal Directs Nirav Modi To Pay Rs 7,200 Cr To PNB, Others With Interest

Debt Tribunal Directs Nirav Modi To Pay Rs 7,200 Cr To PNB, Others With Interest

The DRT's final order came on a plea filed by the PNB in July 2018 seeking recovery of its dues of Rs 7,000 crores from Modi.


12 June 2019
Will Go After 'Thieves' Responsible For Putting Pakistan In Debt: Imran Khan

Will Go After 'Thieves' Responsible For Putting Pakistan In Debt: Imran Khan

In an unusual midnight speech after the first budget of his cash-strapped government was presented, Pakistan Prime Minister Imran Khan said that all economic...


22 May 2019
ED Conducts Fresh Raids In Mumbai In Connection With IL&FS Payment Default Case

ED Conducts Fresh Raids In Mumbai In Connection With IL&FS Payment Default Case

The debt crisis at the infrastructure lender IL&FS came to light following a series of defaults by its group companies beginning September 2018.


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