Business  /  Published 10.10.21

Centre to monetise AI subsidiaries

After completing the significant Air India privatisation process, the government will now start work on monetising its four other subsidiaries, including Alliance Air, and over Rs 14,700 crore wo...
By Our Bureau and Agencies in New Delhi

Business  /  Published 29.09.21

India's external debt rises 2.1% to $570 billion

India's external debt rose modestly by 2.1 per cent year-on-year to $570 billion as of March-end 2021, notwithstanding the Covid-19 pandemic, according to the finance ministry. External debt to G...
By PTI in New Delhi

Business  /  Published 17.09.21

Rs 30,000 crore bad bank prop

Finance minister Nirmala Sitharaman on Thursday said the government would provide Rs 30,600 crore guarantee to the newly formed National Asset Reconstruction Company Limited (NARCL) or the bad bank.&n...
By Our Special Correspondent in New Delhi

Business  /  Published 06.08.21

Covid: Call for White Paper on debt

The parliamentary standing committee on finance has asked the Centre to prepare a White Paper on debt and a road map for fiscal consolidation in the wake of the immense pressure on government finances...
By Our Special Correspondent in New Delhi

Business  /  Published 03.08.21

India's debt-GDP will rise to 61.7%

The government on Tuesday informed Parliament that it expects the total debt as percentage of GDP to increase to 61.7 per cent (provisional) in 2021-22 from 60.5 per cent (provisional) in the previous...
By Our Bureau, PTI in New Delhi


West Bengal  /  Published 09.07.21

Eye on power firm’s land to clear debts

The Bengal government is all set to sell off or lease out a portion of unused land of Durgapur Projects Limited, a loss-making power utility that was under a restructuring plan, to clear the firm&rsqu...
By Pranesh Sarkar, Abhijeet Chatterjee in Calcutta, Durgapur

West Bengal  /  Published 24.06.21

Suicide as loan agents harass

By Alamgir Hossain in Samserganj

Business  /  Published 22.04.21

Debt recast for more Future group firms

The Future group got yet another relief when lenders to two more firms —Future Enterprises and Future Supply Chain Solutions — approved resolution plans to restructure their existing secur...
By Our Special Correspondent in Mumbai

Business  /  Published 22.03.21

Q2: household debt rises to 37%

The year-long pandemic left households more indebted, which has sharply jumped to 37.1 per cent of GDP in the second quarter of 2020-21, while their savings rate plunged to a low 10.4 per cent, accord...
By PTI in Mumbai

Business  /  Published 15.03.21

Dabbling in debt

Years from now you would remember the last few months of fiscal 2020-21 for a number of reasons — the arrival of a vaccine, the appearance of green shoots in some corners of the economy, the far...
By Nilanjan Dey


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