Articles
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India's US govt debt holding dips to $58.9 bn, China's rises
At the end of the month, India was the 18th largest holder of the US treasury bonds, while China was the largest foreign owner of these securities followed by Japan, Brazil, Taiwan, Switzerland, Russia, Luxembourg, Hong Kong, Belgium and the UK in the top ten. #Numbers #India #China #dollars #US government debt
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Now Cyprus also wants EU and IMF to bail out its banks
After Spanish and Greek bailouts, the Mediterranean island nation of Cyprus became the fifth eurozone nation to seek a bailout from the European Union and IMF as the debt crisis escalated. #NewsTracker #International Monetary Fund #bailout #Eurozone #Government debt #Cyprus
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Sovereign bonds issue, Yes; sovereign fund, a big No
Given the need for shoring up our forex reserves, this may be a good time to float a sovereign bond issue. But not a sovereign wealth fund. #Debt #Government debt #Foreign exchange reserves #Sovereign wealth fund #Sovereign Bonds
Blog posts
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Will Hindalco and Tata Steel lead a revival of corp bond mkt?
The fact that these two companies could place debt at seemingly fine levels at a time when FIIs are cooling towards Indian bonds has woken up a dormant corporate bond market from its slumber. #Business/Finance #HowThisWorks #Debt #Corporate bond #Government debt
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Budget 2012 primer: What does govt spend money on?
Spending on rural employment takes away much needed resources for building infrastructure. Similarly, any loan waiver program will eat into capital spending on infrastructure. #oil prices #Gross Domestic Product #Union budget of India #Deficit #Government debt #Budget 2012 #BudgetAnalysis
Wire
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BBC NewsSevern toll fee cut hope hit by debt
17 May 2013 Last updated at 06:54 ET It costs £6.20 to take a car over the M4 and M48 bridges from England to Wales Hopes have been dashed that Severn bridge toll fees can be reduced soon after the crossings revert to public ownership in about 2018. It c #Wales #Department for Transport #David Davies
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Economic Times'Akali-BJP govt have pushed Punjab into debt trap'
LUDHIANA: Union Minister Manish Tewari today alleged that the Akali-BJP government has pushed Punjab into a debt trap, and ridiculed the state government for describing it as a "productive debt". "It is a cause of serious concern as the state is dangerou #Bharatiya Janata Party #Manish Tewari #Indian National Congress
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The Seattle TimesLew tells Congress of steps to avoid debt default
Treasury Secretary Jacob Lew is telling Congress that the administration will begin taking steps next week to avoid a default on the nation's debt until Congress votes to raise the government's borrowing limit. Treasury Secretary Jacob Lew is telling Con #Standard & Poor's