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Thursday, Dec 08, 2022

debt

DEBT NEWS

US national debt tops $31 trillion for first time

October 05, 2022 11:10 am

The breach of the threshold, which was revealed in a Treasury Department report, comes at an inopportune moment, as historically low interest rates are being replaced with higher borrowing costs as the Federal Reserve tries to combat rapid inflation.

Doc detained for faking own kidnap; to extort Rs 15 L from father

August 05, 2022 7:02 am

Police informed that Doctor Sanket had allegedly owed his friends Rs 26.5 lakh after losing money in online gambling.

Russia slips into historic default as sanctions muddy next steps

June 28, 2022 3:09 pm

With payments blocked, Vladimir Putin introduced new regulations that say Russia’s obligations on foreign-currency bonds are fulfilled once the appropriate amount in rubles has been transferred to the local paying agent.

A large chunk of spending: Rs 51,971 cr just to settle Air India debt before sale

February 02, 2022 12:13 pm

The Tata Group acquired 100 percent stake in the airline, in a deal that closed on January 27, for Rs 18,000 crore.

What gives rise to the rural debt trap?

October 01, 2021 7:28 am

Sonal Ann D’Souza, Sunit Arora write: Inadequate access to affordable credit lies at the heart of rural distress

IL&FS misses more debt payments, showing takeover no instant fix

October 05, 2018 11:06 pm

IL&FS failed to service principal and interest on loans from banks, inter-corporate deposit and commercial papers totaling 339 million rupees ($4.6 million) due for the period from Sept. 30 to Oct. 4, it said in an exchange filing.

Synergies Dooray Automotive debt resolution plan: NCLAT admits Edelweiss ARC’s objection plea

September 09, 2017 1:14 am

The total bad debt involved in the case is worth Rs 972.15 crore — comprising Millennium Finance’s claim of Rs 673.91 crore, Alchemist Asset Reconstruction Company’s Rs 122.06 crore, Synergies Castings’ Rs 89.26 crore and Edelweiss ARC’s Rs 86.92 crore.

Banks to settle Rs `4,00,000 crore Debt

July 20, 2017 9:35 am

‘To resolve top 50 stressed assets, banks need `2.4 lakh cr haircut’

Debt-ridden farmer kills self in Meerut

March 29, 2015 1:13 am

BJP leaders and also local farmers staged a demonstration demanding adequate compensation.

Stocks rally after US Senate leaders announce fiscal deal

October 17, 2013 2:06 am

The gains brought the S&P 500 index within striking distance of the record intraday high of 1729.86 set on September 19.

DEBT VIDEOS

Fugitive businessman Vijay Mallya owes India Rs 9,000-crore: News in numbers

June 22, 2020 6:16 pm

Fugitive liquor baron Vijay Mallya, who has been in the UK for two years now, is accused of fraud and money laundering worth Rs 9,000 crore. Find more in today's news in numbers.

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