I remember a conversation with a market participant in the wake of the series of adverse events that rocked the debt market segment of mutual funds over the last several months.
A finance ministry statement said that one of the key outcomes of the G20 Action Plan has been the Debt Service Suspension Initiative.
Companies raised a total of Rs 1.1 lakh crore in August as compared to Rs 66,915 crore in July 2020 by way of issuing equity and debt securities.
The annual budget is expected to contain a wage subsidy to get unemployed young Australians back to work.
The Spanish press reported last year that Spanish tax authorities were pursuing Neymar for fiscal fraud dating back to his time at Barcelona.
Donald Trump, according to his latest financial disclosure statement, reported that he had 14 loans on 12 properties.
The minister urged lenders to immediately put in place a board-approved policy for resolution at the review meeting with heads of scheduled commercial banks and NBFCs through video conferencing.
Mitra said that Sitharaman on March 14 before COVID had said that the Centre is duty-bound to compensate the states.
Many MSME owners are getting notices simply for taking possession of their assets after being declared as NPA.
UK borrowing last month alone was estimated at £26.7 billion, the ONS said.
Germany's centre-left Social Democrats (SPD) have nominated Scholz to lead them in the race to succeed Angela Merkel as chancellor in next year's federal election.
The policy could open a window for banks to build capital buffers while putting off full recognition of the coronavirus pandemic's impact on loan portfolios.
Company officials explained that ONGC has been working on bringing operational efficiencies and financial discipline and used surplus revenues to repay debt.
Of this, the group estimates to address close to Rs 50,500 crore of its debt by March 2021 and an additional debt of Rs 6,600 crore beyond FY21.
Under the norms, listing of such debt securities require an issuer to submit its latest audited financials which should not be older than six months.