Pakistan's finance minister in Beijing to seek debt relief, say sourcesThe IMF this month agreed on a $7 billion bailout for the heavily indebted South Asian economy, while raising concerns over high rates of p...
25 Jul, 2024, 08.26 PM IST
There's nothing called free powerThe losses of discoms surpassed the pre-UDAY level of 0.4% of GDP in 2018-19. Their long-term debt began rising in 2017-18, surpassed the p...
31 Jul, 2022, 11.18 PM IST
Mixed reaction to RBI article warning signs of stress due to high debt in several statesReferring to the economic crisis in Sri Lanka, the RBI article prepared by a team of economist under the guidance of Deputy Governor Michae...
18 Jun, 2022, 12.09 PM IST
Citing Sri Lanka, RBI paper warns of stress building up in states; cautions against freebiesObserving that the slowdown in own tax revenue, a high share of committed expenditure and rising subsidy burdens have stretched state gover...
16 Jun, 2022, 11.19 PM IST
Why is India facing a coal shortage?Coal accounts for over 70% of India's electricity output, and utilities account for about 75% of India's coal consumption.
01 Oct, 2021, 12.46 PM IST
View: Five fiscal messes India can’t blame on the RBIFinMin should reflect on its own record, especially its most glaring recent failures of fiscal policy.
09 Jan, 2019, 12.23 PM IST
Coal power's pace slows in India as glut leaves plants unusedCoal-fired capacity, which accounts for more than three quarters of the nation’s electricity, rose by 809 megawatts during the April-Novemb...
02 Jan, 2018, 08.50 AM IST
AIADMK set to retain power, DMK emerges robust OppositionResults for eight constituencies in Tamil Nadu were declared with AIADMK bagging seven and DMK one seat.
19 May, 2016, 04.25 PM IST
UDAY bonds: States sell Rs 1 trillion of SEB bonds in first 3 weeks, says Piyush GoyalSo far, 10 states, including those with heavily indebted discoms like UP, Haryana and Rajasthan, have signed up for the Uday scheme.
07 May, 2016, 09.04 PM IST
Realty, FMCG, NBFCs, oil & gas top sectors to bet on as govt pushes hard for growthIt could be seen that a flat industrial output growth rate so far in this financial year is signalling that the growth momentum in the econ...
27 Mar, 2016, 10.13 AM IST
Easing of FDI norms to support investment, GDP growth: FitchImplementation of reforms and boosting investment is an important credit factor for India, both to bolster growth and to reduce vulnerabili...
12 Nov, 2015, 02.00 PM IST
See limited demand for spectrum: GV Giri, IIFL"People will be watchful of what exactly they bid for and that then places a constraint on how much the price can shoot up by."
03 Feb, 2014, 01.48 PM IST
Power project delays put Rs 1 lakh cr of loans at risk: KPMGDelays in implementing power projects, mainly due to fuel issues, could turn Rs 1 lakh crore of bank loans into NPAs if prompt action is no...
20 Nov, 2013, 08.16 PM IST
Jaypee puts cement units in Himachal Pradesh on saleClose on the heels of selling two of its Gujarat cement units to Ultratech, Jaypee has finalised its next round of divestments.
26 Sep, 2013, 08.08 AM IST
- Debt recast to benefit state electricity boards after two years; losses may mount further
The plan to restructure SEB debt may help utilities only after 2 years as law to implement the package will be drafted in a year.
26 Sep, 2012, 05.11 AM IST
- Anil Ambani Group stocks rally on reforms, more upside seen: Analysts
'ADAG stocks have started to bounce back from oversold levels and are signaling that the trend in the short term has turned on the upside.'
21 Sep, 2012, 02.35 PM IST
Inter-State Council must handle states’ demands for extraordinary fundingWhen extraordinary issues like debt relief come up, it should be left to the Inter-State Council to negotiate with affected states to come ...
27 Jun, 2012, 07.43 AM IST