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Total 216 results found. Search for [ states borrowing money ]

Results 1 to 21 of 216
BusinessToday.In
November 25, 2020
India Stock Market Highlights Today: Global equities were mostly buoyed today encouraged by news on the development of coronavirus vaccines and more assurance for a transition of power in the US to President-elect Joe Biden


PTI
November 22, 2020
Ashima Goyal, who has been appointed as member of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), said there is progress on many reforms and that will make higher long-run growth sustainable


BusinessToday.In
November 10, 2020
India Stock Market Highlights Today: ICICI Bank followed by ONGC, HDFC, L&T, SBI, HDFC Bank, IndusInd Bank and Bajaj Finance were among the top gainers on Sensex today. On the other hand, Tech Mahindra, Infosys, HCL Tech, TCS, Nestle India and Maruti were in the red


Srinath Sridharan
November 5, 2020
Somehow, we have not shaken off our societal stigma of \"debt\" as a practice and we are caught up in the dilemma if we want to use debt as a leverage for growth - both for individuals or governmental spending


PTI
November 3, 2020
Finance Secretary Ajay Bhushan Pandey said there has to be a \"reasonable level\" of borrowing because if a balanced approach is not taken then interest burden will increase which would impact the economy


Vivek Punj
New Delhi, October 24, 2020
Finance Ministry issues guidelines for implementation of interest waiverFinance Ministry has approved guidelines for a scheme granting ex-gratia payment against the difference between compound interest and simple interest for six months on loans up to Rs 2 crore. The guidelines came after the Supreme Court directed the Centre to implement as soon as possible the interest waiver on such loans during the RBI moratorium. As per the operational guidelines by Department of Financial Services, the...


PTI
October 17, 2020
The finance minister's letter to states comes four days after the GST Council meeting failed to reach a consensus on the stalemate over the Centre's proposal of states borrowing against future GST collections to make up for the shortfall


BusinessToday.In
October 13, 2020
As many as 21 states -- which are BJP-ruled or have supported it on various issues -- have opted to borrow Rs 1.10 lakh crore to meet the compensation shortfall


BusinessToday.In
October 12, 2020
Nirmala Sitharman announced a Rs 12,000 crore interest-free 50-year loan to states for spending on capital projects in a bid to boost economy


PTI
October 12, 2020
In August, the Centre gave two options to the states to borrow either Rs 97,000 crore from a special window facilitated by the Reserve Bank of India or Rs 2.35 lakh crore from the market


BusinessToday.In
October 12, 2020
Centre offers interest-free 50-year loans to States for capital expenditure for Rs 12,000 crores, consisting of three components, says Finance Minister Nirmala Sitharaman


Anand Adhikari
October 9, 2020
While high inflation was a major stumbling block for the monetary policy committee (MPC) to reduce the repo rate, the Governor expects retail inflation or CPI to come closer to the targeted level by the fourth quarter


Niti Kiran
October 6, 2020
States have been increasingly resorting to market borrowings to meet their funding requirements in face of declining revenues due to the nationwide lockdown


Dipak Mondal
October 6, 2020
A panel under Sushil Modi will work out a plan to get the states which had received more than their share of IGST refunds to return the excess amount without burdening them too much


Joe C Mathew
September 15, 2020
DMK legislator P Thiagarajan's comments come while the government is scrambling to find money to fund its key expenditure programmes


Prasanna Mohanty
September 3, 2020
Gross mismanagement of the economy, starting with demonetisation in November 2016 and continued with untimely, unplanned and sudden nation-wide lockdown has compounded the GST problem. Centre's refusal to pay compensation to states now may derail it completely


Dipak Mondal
September 1, 2020
Some states are trying to make it an issue of the Centre versus states, but this is not an issue between the Centre and the states as both are stakeholders and more collaborative efforts are required in the GST Council, says Bihar Finance Minister Sushil Modi


PTI
August 29, 2020
Under the law, the obligation to compensate the states falls solely on the central government, the senior Congress leader noted


Nirbhay Kumar
New Delhi, August 18, 2020
Despite an ambitious target, public expenditure on infrastructure - the only functional engine of the economy - is dwindling. That spells bad news for economic recovery


Rukmini Rao
July 24, 2020
The 3-page synopsis of the report said that the investigation team was of the opinion that Mysore Amalgamated Coffee Estates Limited (MACEL) owes nearly Rs 3,535 crores to the subsidiaries of CDEL as of July 31, 2019


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