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Govt Rejects Rs. 10.1 Trillion Debt Claim About SOEs
The Finance Division has clarified that the reported Rs. 10.1 trillion in federal state-owned enterprise (SOE) debt represents the consolidated
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Finance ministry says Rs10.1trn SOE debt is not fresh bank borrowing
The Finance Division on Thursday rejected a media report on the debt of state-owned enterprises (SOEs), saying it compared two datasets that are not on a like-for-like basis and could create the…
Business RecorderIndia 10-year yield hits Dec 2023 peak as US debt rout, oil spike hurt
MUMBAI: Indian government bonds were pummelled by an intensifying US debt rout and surging oil prices on Thursday, which compounded pain from the Reserve Bank of India’s first rate hike since…
Business RecorderIndia's TCS marginally beats second-quarter revenue view as AI demand grows
Tata Consultancy Services reported September-quarter revenue that slightly beat expectations on Thursday, as AI-led demand and growth in its banking vertical helped India’s largest software services…
Business RecorderIndia eases punitive rules under GST regime
MUMBAI: India’s Goods and Services Tax Council, a body of federal and state government officials, made a series of changes to rules on Thursday, limiting punitive powers of tax officials in cases of…
Business RecorderPakistan, Bahrain agree to operationalise joint working groups, expand trade ties
Pakistan and Bahrain have agreed to strengthen the institutional framework of their bilateral relationship by operationalising joint working groups, Foreign Minister Ishaq Dar said on Thursday.
Business RecorderGenre-defying Canadian poet Anne Carson wins 2026 Nobel Prize in Literature
STOCKHOLM: Canadian poet and writer Anne Carson won the 2026 Nobel Prize in Literature “for her bold and inventive oeuvre that, in playful dialogue with the classical tradition, has created new…
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