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RERA relief: Interest for delayed flats can be recovered as land revenue arrearsHomebuyers can now recover interest for delayed property possession from builders as "Arrears of Land Revenue" under RERA. This classificat...
Morgan Stanley expects Venezuela's bonds to soar in restructuringThe value of Venezuela's government and state oil firm bonds could surge when they are eventually restructured, analysts at Wall Street inv...
British took Rs 35,000 in 1917, claim descendants; Now MP family wants it back with interest, plans legal noticeA family in Sehore is preparing to send a legal notice to the British government, alleging that a loan of Rs 35,000 taken in 1917 remains u...
Venezuela's billions in distressed debt: Who is in line to collect?Venezuela's staggering debt situation has captured global attention. After enduring prolonged economic strife coupled with U.S. sanctions, ...
Govt seeks SC nod to claim dues in Videocon insolvency caseThe petroleum ministry has approached the Supreme Court seeking $525.62 million from Videocon Industries, citing unpaid dues under a 1994 P...
Petroleum ministry moves SC seeking intervention in Videocon Group insolvency caseThe petroleum ministry has approached the Supreme Court seeking USD 525.62 million from Videocon, arguing its dues are ignored in Twinstar'...
MTNL defaults on ₹8,585 crore principal and interest dues to 7 PSU banks as of June 2025Telecom operator MTNL has defaulted on payments of ₹8,585 crore to several public sector banks, including Union Bank of India and Bank of I...
MTNL defaults on Rs 1,000 crore loan, Bank of India makes provisionBank of India has set aside Rs 200 crore after MTNL, a government-owned telecom company, defaulted on a Rs 1,000 crore loan. MTNL's financi...
Punjab and Sind Bank classifies MTNL accounts as non-performing assetsPunjab and Sind Bank (PSB) has notified that Mahanagar Telephone Nigam Limited (MTNL) accounts are now classified as Non-Performing Assets ...
ONGC hopes to recover over USD 400 mn dividend as sanctions eased on VenezuelaOVL agreed to provide loans of up to USD 60 million for implementing the remediation plan of the project. Under the loan arrangement, it pr...
Cristiano Ronaldo's Al-Nassr under provisional transfer ban - FIFAWorld football's governing body did not say whether Croatia midfielder Marcelo Brozovic's recent transfer from Inter Milan would be affecte...
Arbitration award: DMRC urges SC to consider curative petition in DAMEPL matterThe top court had, on September 9, 2021, upheld the 2017 arbitration award enforceable against the DMRC and said there was a disturbing ten...
Pay Delhi Metro the money it owes to Reliance Infra's DAMEPL: Court directs Centre, Delhi govtThe Central and Delhi governments each hold 50% shares in the DMRC. An arbitral tribunal had, in May 2017, ruled in favour of Reliance Infr...
RBI releases H2 govt borrowing plan, dispels fear of additional debt“Second half government borrowing did not spring any negative surprise barring a negligible increase in market borrowing,” said Madan Sabna...
Former RBI governor Patel pens book on dealing with NPA issueTitled 'Overdraft: Saving the Indian Saver', the book focuses on the non-performing assets (NPAs) issue that has afflicted Indian banking i...
ICICI Bank to redeem bonds worth $340 millionThe bank said the amount accrued and unpaid interest with respect to the Notes to the redemption date will be USD 36.25 on each USD 1,000 o...
If you thought China’s equity bubble was scary, check out bondsAs a rout in this year erased $5 trillion of value, investors fled for safety in the nation’s red-hot corporate bond market.
China will write off $3 trillion, says Satyajit Das, a derivatives specialistIn Eurozone crisis, debtors have sinned, but creditors are hardly without sin, says Satyajit Das
- Finance ministry tells banks to gear up for implementing farm loan package
The jumbo Rs 60,000-crore farm loan waiver package is on track and the finance ministry has asked all banks to get their act in place to of...
- SBI accumulates Rs 1,700-cr NPA from sick PSU Hind Photo
State Bank of India (SBI) has accumulated non-performing assets worth Rs 1,700 crore from a single PSU, which is more or less dead and defu...