Search Results for: Debt trap

First Sikh soldier in British Army to be kicked out after testing positive for cocaine

Charanpreet Singh Lall made headlines across the world for wearing the turban during Trooping the Colour in June.

Sep 25, 2018

Maldivian joint opposition presidential candidate Mohamed Solih speaks to the media

Maldives throws out pro-China president: Opposition's election win a blow to Beijing's debt trap policy?

Incumbent Abdulla Yameen, who had cultivated ties with both Beijing and Saudi Arabia, conceded defeat after the Election Commission said opposition leader Ibrahim Mohamed Solih had won Sunday's election by a margin of 16.7 percent.

Sep 25, 2018

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Markets crash over liquidity fears; Sensex, Nifty down nearly 1.5%

Analysts said on Monday they remained cautious, adding that more downside was likely even as Sensex and Nifty reeled under liquidity concerns at infrastructure financiers IL&FS.

Sep 24, 2018

Railways to install latest signalling system on Mathura-Vadodara route

Railway Minister Piyush Goyal has been vocal in his support of the idea since the automation of the signalling system aims to enhance safety and speed up train movement in a congested network.

Sep 23, 2018

Bigg Boss Telugu 2 finale: Kaushal's wife Neelima campaigns for him and shares emotional video

Kaushal's wife Neelima has shared an emotional video message in which she thanked fans for their overwhelming support for him and requested to vote to make him the winner of Bigg Boss Telugu 2.

Sep 23, 2018

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Black Friday that wasn't: Sensex, Nifty crash in jerky trade as NBFCs face rout

The sentiment swing on the market was so wild that the benchmark index lost 800 points within minutes. The 50-share index Nifty also tracked losses, slipping below 11,000-mark.

Sep 21, 2018

Trouble mounts for debt-laden Air India as oil companies threaten to stop fuel supply

The OMCs have raised the demand after Air India paid the outstanding amount to the foreign and Indian lenders including other vendors. These dues were paid after the central government injected capital into the cash-strapped national carrier.

Sep 20, 2018

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Delhi aviation firm buys Mallya's two choppers in e-auction

Three firms participated in the auction, held with a minimum bid price of Rs 1.75 crore for each copter of model 2008, last flown in 2013.

Sep 20, 2018

Mega bank merger infuses job loss fears

It seems mere verbal assurance from the Union Finance Minister does not seem to have pacified the employees, particularly at the lower level.

Sep 19, 2018

US justice department probes Tesla over CEO Elon Musk's tweets about taking company private

The probe by the Justice Department, which can press criminal charges, comes on top of a civil probe by the Securities and Exchange Commission and shareholder lawsuits.

Sep 19, 2018

RCom to exit telecom, focus on realty: Anil Ambani

Ambani said there is a huge realty play opportunity that RCom's erstwhile corporate headquarters possesses.

Sep 18, 2018

A road sign is seen next to Bombay Stock Exchange (BSE) building in Mumbai

Foreign portfolio investors cautious, pull out Rs 9,400 crore from capital markets

The reasons could be attributed to widening current account deficit due to a surge in oil prices and depreciating rupee.

Sep 16, 2018

Finance ministry swings into action; announces measures to CAD and rupee depreciation

Despite strong GDP growth, the rupee has weakened about 11 per cent this year amid higher oil prices and an emerging markets sell-off.

Sep 15, 2018

Pakistan Army chief General Qamar Javed Bajwa.

CPEC is Pakistan's economic future, says Army chief Qamar Javed Bajwa

The newly formed Pakistan government is looking to renegotiate the trade pact with China. The Pakistan government is also reviewing deals with China regarding the CPEC.

Sep 12, 2018

Mudra loans, Kisan credit cards should be examined for potential risk: Former RBI governor Rajan

Rajan said that the Credit Guarantee Scheme for MSME run by SIDBI is a growing contingent liability.