Business
JP Pals defaults on Rs 4,059 cr loans
Jaypee Group’s flagship firm Jaiprakash Associates has defaulted on loans of Rs 4,059 crore, comprising both the principal and interest amount. In a regulatory filing, Jaiprakash Associates Ltd (JAL) said the company on December 31 defaulted on repayments of principal amount Rs 1,713 crore and interest of Rs 2,346 crore…
Business
Kotak, HDFC Bank also can outperform over subsequent 12 mths
Kotak, HDFC Bank may outperform over next 12 mths
Business
India’s e-rupee unpopular as central banks push CBDC
India’s e-rupee unpopular as central banks push CBDC
Business
China spent $240 bn for ‘B&R’ worldwide locations
China spent $240 billion bailing out 22 developing countries between 2008 and 2021, with the amount soaring in recent years as more have struggled to repay loans spent building “Belt & Road” infrastructure, according to a study published Tuesday. Almost 80% of the rescue lending was made between 2016 and 2021…
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