Government Debt

Showing of 1 - 20 from 29 results
Government Debt - Total results - 29
Moody's pegs FY21 GDP expansion at 0%; says India's rating outlook reflects rising risk of slower growth, low policy effectiveness
Business

Moody's pegs FY21 GDP expansion at 0%; says India's rating outlook reflects rising risk of slower growth, low policy effectiveness

Moody's had, in November 2019, downgraded India's outlook to negative from stable on concerns of lower economic growth.

Stock Market Latest Updates: Sensex zooms over 700 points, Nifty close to 9,200-mark; Reliance, Asian Paints among top gainers
Business

Stock Market Latest Updates: Sensex zooms over 700 points, Nifty close to 9,200-mark; Reliance, Asian Paints among top gainers

Stock Market Today LIVE Updates: Sensex down 219 points, Nifty dips in opening session; RIL surges 5%

Budget 2020 light on new structural reforms; govt debt will remain close to 70% of GDP throughout 2021-22: Fitch Ratings
Business

Budget 2020 light on new structural reforms; govt debt will remain close to 70% of GDP throughout 2021-22: Fitch Ratings

Finance Minister Nirmala Sitharaman's Budget for 2020-21 was light on new structural reforms, Fitch Ratings said on Wednesday, adding, it has not materially altered its forecasts for India's economic growth to rise to 5.6 percent in the next fiscal from 4.6 percent in 2019-20

World Bank cuts India growth projection to 6%; says softening private consumption, weak investment policy challenges for govt
Business

World Bank cuts India growth projection to 6%; says softening private consumption, weak investment policy challenges for govt

The World Bank report, which has been released ahead of the annual meeting of the World Bank with the International Monetary Fund, noted India's economic growth decelerated for the second consecutive year

Why sovereign bonds, as a remedy to cure India's fiscal weakness, isn't an exciting idea
Business

Why sovereign bonds, as a remedy to cure India's fiscal weakness, isn't an exciting idea

From a market standpoint, sovereign bonds will mean more volatility in the markets.

India faces continued fiscal challenges, despite lower deficit target: Moody's
Business

India faces continued fiscal challenges, despite lower deficit target: Moody's

Weak growth prospects for India will complicate the government's fiscal consolidation efforts, weighing on the sovereign's credit quality, Moody's Investors Service said on Tuesday

OMCs under pressure: Rising under-recoveries, thinner spreads to shave operating profit margins by 1.7% this fiscal
Business

OMCs under pressure: Rising under-recoveries, thinner spreads to shave operating profit margins by 1.7% this fiscal

In fiscal 2019, the profitability of OMCs was hit as their average gross refining margin (GRM) declined by a third to $5.3 per barrel from $7.9 in fiscal 2017-18.

S&P retains BBB- rating: No Christmas gift for Narendra Modi govt, but it doesn’t need to fight with US-rater
Business

S&P retains BBB- rating: No Christmas gift for Narendra Modi govt, but it doesn’t need to fight with US-rater

The S&P has clearly highlighted the concerns arising out of large fiscal deficits and revenue shortage in Indian economy

Full Text: Moody's Investors Service upgrades India's sovereign credit rating to Baa2
Business

Full Text: Moody's Investors Service upgrades India's sovereign credit rating to Baa2

The decision to upgrade the ratings is underpinned by Moody's expectation that continued progress on economic and institutional reforms will, over time, enhance India's high growth potential

Writing on the wall: Global debt has shot up by $57 trillion since 2007
Business

Writing on the wall: Global debt has shot up by $57 trillion since 2007

The private sector has cut down on its expenditure and if the government does the same, economic growth collapses further

Rajan favours independent agency for managing govt debt
Economy

Rajan favours independent agency for managing govt debt

As per the Finance Bill 2015-16, the Central government will entrust the PDMA with the issue of government securities including short term papers.

China $3 trillion local government debt stirs alarm
World

China $3 trillion local government debt stirs alarm

Calls for China to accelerate financial reforms grew louder on Monday after figures showed its indebted local governments owe nearly $3 trillion in a debt build-up that some analysts called alarming.

US public debt now at whopping $17 trillion after debt ceiling increase
World

US public debt now at whopping $17 trillion after debt ceiling increase

The public debt of United States has increased to a whopping USD 17 trillion after the Congress increase the debt ceiling this week

Now Cyprus also wants EU and IMF to bail out its banks
Economy

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.

Sovereign bonds issue, Yes; sovereign fund, a big No
Economy

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.

S&P rattles govt and markets but is it really saying something new?
Economy

S&P rattles govt and markets but is it really saying something new?

Slow growth, stubborn inflation, a huge CAD and a mammoth govt borrowing programme to fund a large deficit have been highlighted by several economists. S&P has just formalised these concerns.

The only alternative to gold: inflation-indexed bonds
Economy

The only alternative to gold: inflation-indexed bonds

The Indian addiction to gold is partly a reflex action to protect oneself against inflation. This is the right time to introduce inflation-indexed bonds

Markets show cold shoulder to govt bonds; yields touch 8.78%
Investing

Markets show cold shoulder to govt bonds; yields touch 8.78%

This was in line with expectation as the government is borrowing almost Rs 18,000 crore this week starting today.

Budget 2012: What Pranab could borrow from Manmohan's 1991 speech
Economy

Budget 2012: What Pranab could borrow from Manmohan's 1991 speech

The Union budget has to do the same rescue act for the economy as Manmohan Singh's 1991 budget. So why not borrow words from the original?