Tuesday, 18 January, 2022
TopicDebt crisis

Topic: debt crisis

Disease, debt and extreme weather — here are some of the world’s biggest threats in 2021

The global economy will have to face the knock-on effects of the Covid crisis, while geopolitical stability will be critically fragile over the next 5-10 years.

Is this a doom loop, Raghuram Rajan asks as economists see more global inequality after Covid

While global growth is widely expected to strengthen as more people are vaccinated, top economists say pandemic has exposed the depth of inequality.

Banks have not signed a single agreement for RBI’s debt recast scheme for high value loans

Tepid response to the debt recast scheme is being seen because there is lack of awareness and reluctance by banks, say bankers.

Why Indian companies are struggling to raise funds when they need them the most

India’s situation is contrary to global markets where junk bond sales are thriving after monetary authorities said they would buy such securities directly.

How state govts are crowding out cash-strapped companies from debt market

State govts are planning to crank up bond sales by 18.2% this quarter from a year earlier to make up for a decline in tax revenue due to slowdown.

How does the world solve its $250 trillion-debt problem? Borrow more

Experts say debt is not a problem as long as it is sustainable. The issue is whether the massive generation of debt since the global financial crisis is going to be profitable.

Debt crisis has hurt India’s plans to have a bigger bond market

India’s credit crisis is impeding changes to rupee bond market, which has operated like a cosy club of a few big local banks & brokers doing deals.

India’s household debt has risen 80% in 2017-18. It could bite if incomes don’t grow

Indian households’ liabilities went up by Rs 6.7 lakh crore in FY18. When the consumption engine isn’t firing like before, this is a concern.

RBI will go slow on raising rates, says investor who foresaw liquidity crisis

Suyash Choudhary of IDFC says RBI will risk financial stability and seriously hurt growth if it adds to the two rate increases since June.

India’s homegrown belt-and-road initiative now faces debt crisis

IL&FS and its associates have $12.5 billion in debt, of which $500 million is due over the next six months.

On Camera

YourTurn

File photo of PM Narendra Modi with his Sri Lankan counterpart Mahinda Rajapaksa in New Delhi | Bloomberg

Sri Lanka in ‘debt trap’, India’s response shows pushback against China has begun

While China waits for a Hambantota Port-like 'takeover' of Colombo port city, India has responded with great alacrity to Sri Lanka’s financial needs.

Max Healthcare to invest Rs 3,400 crore to double India capacity over next 4 years

The investment will help boost capacity at existing hospitals as well as augment the firm’s land holdings. The plans come in the backdrop of repeated virus outbreaks in India.

Defence

HAL likely to be in fray for Navy’s NUHs after defence ministry junks Coast Guard chopper deal

Last week, the Defence Acquisition Council scrapped the Coast Guard programme to buy 14 twin-engine helicopters under Buy Global category. Other projects under review now.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
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