Senior official says govt always has a buffer or surplus from returns it makes on EPFO’s investments, which ensures that employees’ savings remain protected.
Value erosion of Anil Ambani's two finance companies due to debt default has made asset sale only viable alternative, say bankers. RBI disagreeable to resolution under IBC.
Care Ratings cut Reliance Capital’s bonds by 8 notches to D from BB, citing delay in coupon payments on several of lender’s non-convertible debentures.
With $252 million of debt falling due in May-June, asset disposals are key to averting a crisis at Reliance Capital, India’s fifth biggest mutual fund.
Since the region beyond NJ 9842 did not have any military presence and had not seen any action neither side contemplated that it would become a bone of contention in the future.
We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.
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