Search For "borrowing"
Updated : 3 months, 4 weeks ago IST
New Delhi [India], September 24 (ANI): The Union Finance Ministry has granted permission to raise additional financial resources of Rs 9,913 crore to Andhra Pradesh, Telangana, Goa, Karnataka and Tripura through Open Market Borrowings.
Updated : 4 months ago IST
New Delhi [India], September 20 (ANI): On the issue of Goods and Services Tax compensation, at least 21 States/Union Territories till date have preferred to opt for borrowing option 1 proposed by the GST Council to meet their compensation shortfall, said the Finance Ministry sources on Sunda
Updated : 4 months, 1 week ago IST
New Delhi [India], September 13 (ANI): At least 13 states have given their borrowing options proposed by Goods and Services Tax (GST) Council to meet their compensation shortfall so far.
Updated : 4 months, 2 weeks ago IST
New Delhi [India], September 10 (ANI): The Centre's promise of a letter of comfort to the State governments to borrow money for bridging the GST compensation gap have no value, said senior Congress leader P Chidambaram on Thursday.
Bengaluru (Karnataka) [India], September 8 (ANI/NewsVoir): The pandemic has not only knocked off revenues of MSMEs' but also disturbed their hopes of survival.
Updated : 4 months, 3 weeks ago IST
Hyderabad (Telangana) [India], September 1 (ANI): Telangana Chief Minister K Chandrasekhar Rao (KCR) on Tuesday wrote a letter to Prime Minister Narendra Modi, stating that the decision of asking states to meet the shortfall in GST compensation through borrowings can be reversed.
New Delhi [India] Sept 1 (ANI/Digpu): Between microlending, which involves people borrowing for small-size items, and traditional home loans (for regular homes), there exists a gap in lending. AVIOM India Housing Finance Pvt Ltd is one such company providing lending services in the middle ar
New Delhi [India], Aug 29 (ANI): The two borrowing options to meet the Goods and Services Tax (GST) compensation requirement for 2020-21 consequent to the discussions in the 41st meeting of the GST Council held on August 27 has been communicated to states which could, in turn, communicate th
New Delhi [India], Aug 27 (ANI): The Centre on Thursday presented two options to states regarding GST compensation during the GST Council meeting including a special window in consultation with RBI to provide Rs 97,000 crores at a reasonable interest rate and that the entire GST compensat
Updated : 5 months ago IST
Mumbai (Maharashtra) [India], August 24 (ANI): States are likely to face uncovered losses of up to Rs 3.1 lakh crore in the current financial year due to massive disruption caused by COVID-19 pandemic, according to a report by State Bank of India (SBI) released on Monday.
Updated : 5 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], Aug 6 (ANI): Air conditioning and commercial refrigeration major Blue Star on Thursday reported a net loss Rs 19.6 crore in the first quarter of the current financial year as compared to a net profit of Rs 76.8 crore in Q1 FY20.
Updated : 6 months ago IST
Brussels [Belgium], July 21 (ANI): EU leaders agreed early on Tuesday to an unprecedented 1.8 trillion euros (2 trillion dollars) aid and budget deal aimed at helping hard-hit bloc members recover from the economic fallout of novel coronavirus pandemic.