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Iconic AI HQ for lease, Sahara India rejected 19 December 2012
It is well known that Air India has a burden that exceeds, Rs 45,000 crores as of July 31, 2012 and it is now forced to monetize at least Rs 5000 crore from its assets, as per the financial restructuring...
Keywords: debt burden, Air India, debt burden, debt burden
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S&P lowers India’s long-term rating to negative 26 April 2012
Reacting to the outlook revision by Standard and Poor's, Finance minister Pranab Mukherjee said, there is no need to panic. He expressed confidence that the country will overcome the difficulties faced by it. Mukherjee said, a few Bills regarding economic...
Keywords: external commercial borrowings, external commercial borrowings, Pranab Mukherjee, public expenditure commission
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Moody's upgrades India's debt rating 23 December 2011
"India's Baa3 rating incorporates credit strengths such as a large, diversified economy, robust medium term growth prospects and a strong domestic savings pool that facilitates the financing and refinancing of the government's relatively high debt burden," the ratings agency said...
Keywords: India's sovereign debt rating, lock-in period, high debt burden, inflationary pressures
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Andhra Pradesh Faces A Debt Burden Of Rs 3.73 Lakh Crores 04 January 2021
Andhra Pradesh Faces A Debt Burden Of Rs 3.73 Lakh Crores:- The government of Andhra Pradesh which has been standing low in generating revenues is in a deep financial crisis. the government introduced various welfare schemes for the people after...
Keywords: AP government, AP government borrowings, AP government financial debts, Andhra Pradesh
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