Creative Bharat
The RBI’s State Finance–A Study of Budgets of 2024-25—puts the total accumulated losses of Discoms at ₹6.5 lakh crore in FY23, which was 2.4 per cent of India’s GDP | Photo Credit: iStockphoto Flagging the high debt burden of Discoms, the Group of Ministers (GoM) on Tuesday suggested restructuring the outstanding debt of State-controlled utilities […]
File photo: French President Emmanuel Macron (Picture credit: AP) France’s sovereign credit rating has been cut by Fitch to A+ from AA-, with the agency warning that public debt will keep rising until at least 2027 unless urgent corrective steps are taken. The move marks the lowest rating France has received on record from a […]
Business Wire India Rimini Street, Inc., (the “Company”) (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced the completion of the following capital market transactions thus far during the third fiscal quarter of 2025: This press […]
Man Jumps Off Cruise in SHOCKING Move to Avoid $16K Gambling Debt; CAUGHT | WATCH Source link
Markets regulator Sebi on Wednesday announced that foreign portfolio investors (FPIs) investing solely in government securities under the fully accessible route will no longer be required to provide investor group details.In a circular, Sebi said these investors will also be exempted from certain disclosure and reporting requirements applicable to regular FPIs. The changes are intended […]
Commercial lenders were the largest creditors, accounting for 39.6% of the total external debt outstanding at the end of March 2025, followed by NRI depositors (22.4%). India’s external debt rose over 10 per cent to over $730 billion at the end of Fiscal Year 2024-25, Finance Ministry has reported. Even though the debt to GDP […]
The Ministry of Corporate Affairs (MCA) has amended Indian Accounting Standard (Ind AS) 1 on Presentation of Financial Statements, making it mandatory for companies to classify loans as current liabilities if they breach a loan covenant and the lender has the right to recall the loan. The new rule, effective from FY26–27, eliminates the long-standing […]
Debt has become a growing challenge in India, affecting families, small businesses, and large companies alike. Many are struggling with long repayment cycles and mounting pressure, which often disrupts stability and peace of mind. It is in this backdrop that Legals365, India’s leading debt resolution and borrower protection firm, has emerged as the strongest […]
US president Donald Trump (AP) US president Donald Trump’s sweeping tariff hikes on imports could shrink the US deficit by $4 trillion over the next decade, the Congressional budget office (CBO) said on Friday.According to CBO, Congress’ nonpartisan analyst, higher tariff revenue would reduce primary deficits by $3.3 trillion and trim federal interest payments by […]
During the first quarter of this fiscal, Godrej Properties acquired five land parcels to build housing projects with revenue potential of ₹11,400 crore. Realty firm Godrej Properties’ net debt has risen 42 per cent in June quarter to ₹4,637 crore as the company looks to expand its business to meet strong housing demand. Its net […]
