In latest sign of its growing financial troubles, cash-strapped Punjab govt has requested Centre to increase its borrowing limit for this financial year above the sanctioned limit.
Speaking after 27th meeting of Financial Stability and Development Council, Ajay Seth said easing of KYC norms and dealing with financial crises early were among the issues discussed.
Punjab's finances the biggest challenge facing the AAP govt about to table its first budget. ‘Increasing revenue without imposing new taxes’ priority, says finance minister Cheema.
Depressed and ailing, three women in Delhi's Vasant Vihar area were found dead in a house with windows covered in plastic and four suicide notes detailing their financial troubles.
Since Evergrande nearly defaulted on its debt, China is taking a close look at rules governing residential real estate. Local govts now want more say in how escrow accounts are used.
The likelihood of financial distress caused by the 2nd wave is much higher & it could lead to more outright sales of gold, unlike in 2020, when people chose to take out loans against gold.
The World Bank said India is particularly vulnerable to sovereign debt and funding risks, especially after the Covid pandemic shuttered businesses and left millions jobless.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
APP and congress rule States are defaulting.
This will happen when you vote for freebies.
Now RaGa wants to default india by giving one lakh to each family and people want to default india
This article never mentioned at any point that when AAP formed govt in 2022, the financial debt was already Rs 3,14,220 crore which was revised to Rs 3,46,626 crore. The interest payment itself adds 24,000 crore to the total debt. So this financial crisis is really caused by the previous SAD and Congress governments. On top of that the current BJP govt at center hardly gives any money to opposition ruled states. So this so called “political furore” is nothing but political drama by Congress, SAD and BJP.
APP and congress rule States are defaulting.
This will happen when you vote for freebies.
Now RaGa wants to default india by giving one lakh to each family and people want to default india
This article never mentioned at any point that when AAP formed govt in 2022, the financial debt was already Rs 3,14,220 crore which was revised to Rs 3,46,626 crore. The interest payment itself adds 24,000 crore to the total debt. So this financial crisis is really caused by the previous SAD and Congress governments. On top of that the current BJP govt at center hardly gives any money to opposition ruled states. So this so called “political furore” is nothing but political drama by Congress, SAD and BJP.
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