What does the law say about the rights of children born of invalid marriages; how are multiplexes wooing viewers: Our newsletter explains
Investors in the six shuttered schemes get Rs 27,508 crore, 9% higher than what funds owed in 2020
The US debt ceiling is a legal limit set by Congress on the amount of money the US government can borrow to pay its bills. It’s like a financial cap that the government cannot exceed
This segment attracting such inflows despite long term capital gain being taken away in the previous month is a strong indication of what is lying ahead
India, Japan and France have announced a common platform for talks among creditors to address the debt restructuring programme of Sri Lanka which is grappling with its worst economic crisis. The representatives of the three creditor countries, including Finance Minister Nirmala Sitharaman, held a press briefing on the margins of the annual spring meetings of the World Bank and the International Monetary Fund (IMF) in Washington on Thursday. "The purpose of the event was to demonstrate the multilateral cooperation regarding the debt restructuring process among the creditors, together with Sri Lanka, said an official statement. Finance Minister Sitharaman expressed India's commitment to supporting Sri Lanka in dealing with its current economic crisis. She emphasised that collaboration among creditors was important to ensure transparency and equality in the debt restructuring discussions. Sri Lankan President Ranil Wickremesinghe joined the conference virtually. Japanese Finance Min
Senior executive of DSP Mutual Fund debt funds will continue giving good returns after tax changes
Fund managers expect mutual funds to focus more on actively managed funds which can allow for higher returns and balance out the impact of higher taxes
New Mutual Fund rules: All existing investments and new investments made in debt MFs before March 31 will not be affected by the proposed mutual fund tax change
Investors placed most bets on mid-cap and small-cap funds; liquid ones saw most outflows
YTMs of all debt fund categories, except credit risk and overnight, in a narrow range of 6.3-7.3%
Sowparnika caters to the middle-income/affordable segment with an average ticket size of Rs 50 lakh in a project close to key employment centres and IT Hubs
The company has secured debt worth Rs 10,238 crore and will make a capital infusion of Rs 6,826 crore
According to CARE Ratings, upgrades in rated debt can be attributed to higher demand with the economy opening up after lockdowns, releasing pent-up demand, and lower cost of capital
The Rs 500 crore fund has an additional green-shoe option of Rs 250 crore
The Reserve Bank of India (RBI) on Friday kept the key policy rates unchanged but signalled a shift towards policy normalisation.
The company has seen strong demand for micro-credit from tier-2 and 3 cities through the second wave as people grappled with a lack of capital for medical situations and businesses
A flat interest rate cycle and tighter regulation may weigh on returns
The company said $600 million in a TLB structure will service its existing loans, which are on higher interest rates.
International Finance Corporation (IFC) plans to debt finance the construction of Thar Surya 1 Pvt Ltd's 300 MW solar power project in Bikaner, Rajasthan by $50 million
The fund currently has nine unicorns in portfolio such as BigBasket, Urban Company Cars24, Rivigo