Pakistan debt unsustainable, headed towards inevitable default, says reportPakistan's debt crisis is more severe than anticipated, with the possibility of an inevitable default and a devastating economic spiral. Th...
19 Feb, 2024, 08.23 PM IST
IMF chief Kristalina Georgieva says 'much more decisive' action needed to deal with debt problemsThe head of the International Monetary Fund on Sunday called for significant steps to address the increasingly unsustainable debt burdens o...
18 Oct, 2020, 10.38 PM IST
US urges Pakistanis to pose tough questions to China on CPECThe China Pakistan Economic Corridor (CPEC) is a planned network of roads, railways and energy projects linking China's resource-rich Xinji...
22 Nov, 2019, 12.30 PM IST
Government committed to disinvestment of Air India: Hardeep Singh PuriPuri said the previous attempt to disinvest the carrier could not succeed. But now the government has learnt lessons and mechanism will ens...
11 Jul, 2019, 03.40 PM IST
Air India grappling with unsustainable debt: Aviation Minister Suresh PrabhuAir India is estimated to have a debt burden of more than Rs 48,000 crore.
22 Aug, 2018, 06.45 PM IST
Government plans to transfer Air India's non-core assets to SPVThe national carrier's debt burden was more than Rs 48,000 crore at the end of March 2017
21 Aug, 2018, 09.26 PM IST
No big role for India if it decides to join OBOR in future, says ChinaBeijing said there is no way for India to impede its neighbours from cooperating with China in infrastructure development.
13 Jul, 2018, 01.03 PM IST
US concerned over unsustainable debt burdens to Lanka by ChinaSri Lanka is struggling to repay Chinese money, and recently signed an agreement to give a state-run Chinese firm a stake in the strategic ...
19 Sep, 2017, 06.53 PM IST
US concerned over unsustainable debt burdens to Lanka by ChinaSri Lanka is struggling to repay Chinese money, and recently signed an agreement to give a state-run Chinese firm a stake in the strategic ...
08 Sep, 2017, 05.31 PM IST
Reserve Bank of India to meet top bankers on classifying bad loansSkewed balance sheet,Stressed assets, restructured debt plus NPAs, in banks were at 11.5 per cent of outstanding loans worth Rs 75 lakh cro...
22 Oct, 2016, 12.57 AM IST
New RBI guidelines on stressed assets give banks a breatherTotal stressed assets in Indian banks was 11.5% of Rs 75 lakh crore outstanding loans at end-March 2016, with the public sector banks leadi...
05 Oct, 2016, 09.03 AM IST
Banks get breather in restructured loans classificationTotal stressed assets (restructured plus non performing assets) in the Indian banks was 11.5% of Rs 75 lakh crore outstanding loans at end-...
04 Oct, 2016, 06.46 PM IST
RBI rejects plea to relax S4A normsUnder the so-called S4A scheme, banks can convert a portion of the loans they are owed into equity or equity related instruments.
22 Aug, 2016, 08.58 AM IST
Air India in talks to recast Rs 10,000 crore debtTalks are being held under the RBI’s Scheme for Sustainable Structuring of Stressed Assets, which gives struggling companies another chance...
22 Aug, 2016, 02.08 AM IST
ET in the classroom: S4A, new restructuring schemeTo enable banks RBI has been issuing norms to ensure that economic value of the asset is preserved, one being Sustainable Structuring of St...
19 Jul, 2016, 07.37 AM IST
Deloitte appointed for audit to help decide if Bhushan Steel be given another chance to recast loanThe Reserve Bank of India’s norms on S4A aimed at giving new lifeline to financially troubled company mandates forensic audit and techno ec...
13 Jul, 2016, 01.57 AM IST
Budget 2016: Modi govt on course to miss deficit target in FY17, will have a price to payThe warning comes at a time when analysts and economists are speculating whether FM will be able to stick to his fiscal deficit commitment ...
19 Feb, 2016, 03.14 PM IST