Despite finance minister Arun Jaitley’s good budget the country’s ratings are not likely to change due to subsidies, debt and missing reforms.The budget has in fact slowed the pace of f
Nearly 63 million people of India are in debt due to health care expenses and a third of the population is driven below poverty line due to the same. The government funds only a third of heal
Many people may not know that there is a National Debt Clock of India, which gives second-by-second details of the overall position of India’s debt. At 11 am on August 19, when I star
National carrier Air India, which is making operational profit now, is looking to rejig debt worth Rs 10,000 crore under the scheme for sustainable restructuring of bad assets floated by the
“There is an idea circulating that Air India will do better if its debt is restructured,” union civil aviation minister Ashok Gajapathi Raju told Hindu BusinessLine. The
National carrier Air India will get only Rs 80 crore as additional budget support in the current financial year from the government – much below its demand of Rs 2,200 c
The footpath near Jantar Mantar, which is considered Delhi’s (and the nation’s) own protest plaza, has been seeing a demonstration that is bizarre by the usual standards of the place. F
Tamil Nadu, one of India’s largest states and home to about 67 million people, is facing a severe drought, forcing many farmers to commit suicide as their crop withers.
Finance minister Arun Jaitley reviewed capital expenditure programme and status of dividend distribution of central public sector enterprises (CPSEs) with secretaries of key ministries includ
Pitta Rajani, 28, and her family from Kandriga in Vijaywada faced severe difficulties during and after the lockdown last year and had to take a loan of Rs 20,000 from Soubhagya , a moneyl
At the outset, for those who are not familiar with the nomenclature ‘Hindu Rate of Growth’, it refers to the low economic growth in post-independent India till the 1990s, when several e
The Sri Lankan economy is undergoing a twin crisis: debt and foreign exchange crisis. The total current external debt for Sri Lanka stands at $45 billion. However, in February 2022, the country onl
