Debt

A post-poll fiscal reality check: TN and Kerala face rising debt pressure

New governments in Tamil Nadu and Kerala have released white papers on state finances, but economists say debt figures alone do not capture the full fiscal picture

Updated On: 21 Jun 2026 | 10:40 PM IST

Tamil Nadu debt nearly doubles to ₹10 trillion in five years: White paper

The TVK government's white paper said Tamil Nadu added Rs 4.87 trillion in debt over five years, while total liabilities, including guarantees and off-budget borrowings, reached Rs 13.8 trillion

Updated On: 17 Jun 2026 | 12:04 AM IST

ECLGS 5.0 could raise debt levels of rated corporates by around 10%

Crisil Ratings says ECLGS 5.0 could add around 10% debt to rated companies as firms seek funding support to manage higher working capital needs amid the West Asia conflict

Updated On: 16 Jun 2026 | 11:51 AM IST

Target, capacity, constraint: How to plan for big expenses without debt

As you work to achieve your goal, check whether you're on track and adjust for cost changes

Updated On: 13 Jun 2026 | 6:00 AM IST

Fund managers see duration headwinds easing, but await better entry points

RBI and government measures to attract foreign capital have improved sentiment in the bond market, but most fund managers continue to favour shorter-duration papers

Updated On: 09 Jun 2026 | 12:03 AM IST

Centre may have overshot debt-to-GDP ratio in FY26, shows Mospi data

Lower-than-expected nominal GDP growth may have pushed the Centre's debt ratio to 57.85 per cent in FY26, making its fiscal consolidation path steeper ahead

Updated On: 05 Jun 2026 | 11:06 PM IST

Telangana's total debt stands at ₹8 trn as of Dec 2025: Govt report

Telangana's total debt, including that of its entities and government guarantees, stood at Rs 8 lakh crore as of December 2025, according to the Socio-Economic Outlook 2026 released by the state government. The state government said that from December 2023, when Congress assumed power, to the same month in 2025, the total borrowings of the state and its entities amounted to Rs 3,19,179 crore, with repayments (principal and interest) of Rs 3,04,202 crore. The repayments and loans raised by the Congress government during its nearly two and a half years in office indicate that a large share of the borrowings during that period was used to service existing debt, due to the substantial debt inherited from the pre-December 2023 period, the report said. "While total outstanding debt stood at Rs 8,00,805 cr as on 31 December 2025, the increase in outstanding liabilities needs to be interpreted in the context of large and unavoidable interest payments on account of the massive legacy debt...

Updated On: 22 Mar 2026 | 9:40 AM IST

JPMorgan moves to offload over $30 bn in LBO debt amid market jitters

JPMorgan Chase & Co. is gearing up to help issuers sell billions of dollars in junk bonds and leveraged loans, with deals to fund the buyouts of Electronic Arts Inc and Sealed Air Corp

Updated On: 15 Mar 2026 | 8:28 AM IST

Adani Energy raises $500 mn bilateral debt from Apollo Global Management

The financing underscores the financing shift for Adani, historically one of the largest Indian issuers, as it borrows to fund ambitious capital spending plans while facing elevated borrowing costs

Updated On: 11 Mar 2026 | 1:02 PM IST

On the right track: Asset monetisation will boost efficiency and growth

Given fiscal constraints and the need to lower the debt-to-GDP ratio, the Union finance ministry sees reviving asset monetisation as key to sustaining growth momentum

Updated On: 25 Feb 2026 | 9:24 PM IST

Govt conducts switch with RBI, moves FY27 maturities to 2040 bond

Centre buys back over Rs 75,500 crore of FY27 securities from RBI and issues 8.30% GS 2040 bond to smoothen redemption profile

Updated On: 12 Feb 2026 | 8:47 PM IST

Nhai plans to reduce its debt to below ₹2 trillion by March 2026

State-owned NHAI is planning to reduce its debt to below Rs 2 lakh crore in the current financial year ending March, a senior government official said on Sunday. NHAI's debt liability had peaked at Rs 3.5 lakh crore in 2021-22. As of December 31, 2025, the debt stands at Rs 2,35,947 crore. "In line with the government policy, NHAI has not borrowed since 2023 and since then the debt liability was reduced by around 32 per cent," the official said on condition of anonymity. Further, to reduce its overall debt, he said NHAI has prepaid liabilities of Rs 86,000 crore of which Rs 50,000 crore was NSSF loan. "No specific target for the current year was fixed but the debt liability is planned to be brought down below Rs 2,00,000 crore," the official said. Retiring this debt ahead of schedule has resulted in a steep decrease of NHAI debt. Due to proactive negotiation with banks, NHAI was able to reduce its interest burden by refixing interest rates lower by about 80 basis points during t

Updated On: 25 Jan 2026 | 4:05 PM IST

India flags 'huge mountain of debt' in developed nations as major concern

Japan's 40-year bond yield rocketed past 4 per cent to a fresh high since its debut in 2007 and a first for any maturity of the nation's sovereign debt in more than three decades

Updated On: 21 Jan 2026 | 10:54 PM IST

Budget 2026-27: Govt likely to amend law to speed up debt recovery

The Centre may amend the RDB Act in the FY27 Budget to earmark DRTs for high-value cases, speed up recoveries and reduce pendency clogged by low-ticket litigation

Updated On: 11 Jan 2026 | 11:32 PM IST

BofA warns India's state debt surge could pressure bonds, keep rates high

Gross borrowings by Indian states have jumped almost 20 per cent this fiscal year from 2024 as growth in tax revenues slowed, while they beefed up spending

Updated On: 24 Dec 2025 | 9:43 AM IST

Bringing down debt-to-GDP ratio will be govt's core focus: Sitharaman

The finance minister stressed that fiscal management remains a priority and must be consistently upheld year after year

Updated On: 17 Dec 2025 | 12:53 PM IST

CoC approves JSW Energy's resolution plan for Raigarh Champa Rail Infra

JSW Energy has secured the approval of the creditors of Raigarh Champa Rail Infrastructure for its proposal to acquire the debt-laden entity currently under the insolvency process. JSW Energy acquired KSK Mahanadi Power Company Ltd (KMPCL), a 3,600 MW thermal power plant in Chhattisgarh, for Rs 16,084 crore through the insolvency process, in March this year. After the KMPCL acquisition, JSW Energy held significant indirect ownership in Raigarh Champa Rail Infrastructure Private Limited (RCRIPL), which is the sole provider of rail infrastructure for coal transportation services to KMPCL. In an exchange filing on Thursday, JSW Energy said, "We wish to inform that the resolution plan submitted by the company for RCRIPL under the corporate insolvency resolution process has been approved by the Committee of Creditors". JSW Energy said it received a Letter of Intent from the Resolution Professional on Wednesday. The closure of the transaction will be subject to the receipt of approval f

Updated On: 20 Nov 2025 | 11:09 PM IST

Best of BS Opinion: The night, the noise, and the need for balance

Today's pieces look at public debt and economic stability, trade as strategic leverage, the continuing unemployment crisis in Bihar, and how pollution has turned the Milky Way's light into an irritant

Updated On: 01 Nov 2025 | 6:15 AM IST

Godrej Group firm plans third debt sale in as many months, eyeing $230 mn

The STRPP bonds are set to have a maturity ranging from three years to four years

Updated On: 20 Oct 2025 | 3:28 PM IST

Omkara ARC acquires Wind World India's debt with ₹1,225-cr offer

Omkara Asset Reconstruction Company on Friday said it has bagged Rs 3,763 crore debt of the bankrupt Wind World India with a Rs 1,225-crore bid. The Areion Group ARC said it has acquired the debt from the National Asset Reconstruction Company Ltd (NARCL), the state-run bad bank, under the Swiss challenge method, as per a statement. The win will make the ARC as the lead decision maker in Wind World India's ongoing Corporate Insolvency Resolution Process (CIRP) as it has secured an 80 per cent voting share in the Committee of Creditors (CoC) with the Rs 1,225-crore investment. WWIL, which was formerly known as Enercon India, operates 650 MW of renewable energy projects and manages the operations and maintenance for 4,500 MW of installed capacity across Andhra Pradesh, Gujarat, Karnataka, Maharashtra, Rajasthan, Tamil Nadu, and Madhya Pradesh, as per the statement. The Rs 3,763-crore debt was originally assigned to NARCL by a consortium of leading lenders nearly 18 months ago. As the

Updated On: 03 Oct 2025 | 9:59 PM IST