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States paying through the nose for debt as cost soars past 7.16%

The cost of debt-funds for the states has touched the highest level so far this fiscal with the weighted average cut-off crossing the 7.16 percentage points at the latest auctions, up 11 bps over......

Govt to borrow Rs 7.24 lakh cr in first half of FY22

The government on Wednesday said it will borrow Rs 7.24 lakh crore in the first half of 2021-22 fiscal to meet resources to perk up the economy hit by the coronavirus pandemic. Illustration:......

States' borrowing: Market fatigue is getting evident

The spreads between state development loans and equivalent-maturity government papers have started widening, and market participants don’t expect them to contract anytime soon. The rise in......

India's 6 most debt-ridden states

At the end of March 2016, Uttar Pradesh was the most indebted state, with an outstanding liability of Rs 385,300 crore, followed by Maharashtra at Rs 351,400 crore and West Bengal at Rs 314,700......

Get ready to pay higher EMIs for home, auto loans

  The central bank tweaked the retail inflation range to 4.8-4.9 per cent in the first half of 2018-19, and 4.7 per cent in the second half. Illustration: Uttam Ghosh/Rediff.com Within a day......

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