Page 15 - Debt

Mere act of invoking pledged shares does not discharge debt, rules SC

Top court says debt is not discharged till there has been an actual sale of the pledged items

Experts warn against China's debt-trap diplomacy, cite Sri Lanka's example

Sri Lankan leaders have promoted large-scale investments from China which has boosted Beijing's debt-trap diplomacy

Student debt can harm your cardiovascular health in early middle age

According to a new study, adults who do not repay college debt or take on new educational debt between young adulthood and early middle age are at increased risk of cardiovascular disease.

Sri Lanka's debt restructuring to impact bilateral loans: Chinese envoy

Debt-ridden Sri Lanka is grappling with an unprecedented economic turmoil since its independence from Britain in 1948

China must be treated as equal Sri Lanka creditor: India to IMF, World Bank

"All creditors must be treated equally and with transparency," Sitharaman said in an interview in Washington Friday. "I've emphasized that point in general and in the context of Sri Lanka."

Future Enterprises defaults on Rs 1.22 cr interest payment for NCDs

The latest default is on the interest of securities issued for a sum of Rs 25 crore.

Debt quality index gains nearly three point to close FY22 at 92.24

The better show was largely driven by enhancements in rated debt of higher-rated entities and reduction in debt of a large defaulting NBFC on recast

Lanka oppn threatens no-confidence motion, industry warns of 'precipice'

President Gotabaya Rajapaksa is running his administration with only a handful of ministers after his entire cabinet resigned this week

Global sovereign debt to rise almost 10% to new high in 2022: Report

Governments across the world have ramped up borrowing since the Covid-19 pandemic erupted two years ago, as they tried to shield their economies from the fallout.

BS Number Wise: An emerging trend in EPFO's debt investments

Every investment category but one has seen a drop in its share: it's a move that is not without some risk

Refinancing debt more challenging for Vedanta Resources in tight market

While current capital market conditions have reduced Vedanta Resources' funding options, its strong underlying ops remain supportive of the company's ability to meet its immediate debt obligations

Banks to start debt recovery proceedings against Future Retail: Report

Indian lenders are set to initiate debt recovery proceedings against Future Retail this week to safeguard their interests after rival Reliance unexpectedly took over some of the retailer's stores

Macrotech arm Lodha prepays $170 mn debt out of total $225 million

Lodha Developers International Ltd, Mauritius has prepaid $170 million (approx. Rs 1,298 crore) of debt after recording better sales performances in its two projects in London.

Non-financial debt jumps 11.9% to Rs 371 trillion in Sept quarter: Report

However, this is lower than the previous fiscal, when it had touched 180.2 per cent of GDP after a three per cent contraction in the nominal GDP during FY21

IL&FS resolves Rs 324-cr debt by selling stake in Warora Chandrapur Highway

Until recently, the board of debt-laden IL&FS had resolved Rs 52,000 crore worth of the debt of the group

Future Retail 'not in position' to make $471 mn payment as deadline nears

Future Retail Ltd. isn't in a position to make a payment on 35 billion rupees ($471 million) of past-due debt before the grace period expires

German yields cross zero threshold as bond selloff intensifies

The rate on 10-year bunds rose as much as four basis points to 0.02%, crossing into positive territory for the first time since May 2019.

Sri Lanka's economy on the edge as debt burden mounts due to Covid

Sri Lanka has piled up $11.8 billion worth of debt through sovereign bonds (ISB) which makes up the largest part - or 36.4% - of its external debt

Cutting corporate debt

Banks will struggle to grow in the coming quarters

Biden signs legislation raising US debt limit, averts potential default

US President Joe Biden has signed into law a legislation that provides for the authority to increase the federal government's debt limit by $2.5 trillion, averting a looming debt default.