interest payments

Islamabad, April 4 Pakistan on Saturday rejected social media commentary regarding the repayment of financial deposits to the UAE, reaffirming a strong partnership with the Gulf nation.The reaction by social media users came in response to media reports that Pakistan had been asked by the UAE...

New Delhi, April 1 A Delhi court on Wednesday convicted Congress MLA Rajendra Bharti from Madhya Pradesh and a former bank employee in a cheating case involving the forging of bank records to receive illegal interest payments from 1998 to 2011.Special Judge Vinay Singh convicted Bharti and...

Shimla, March 24 Facing a severe financial crisis, the Himachal Pradesh government took out loans amounting to Rs 41,173 crore, which is its highest ever, and also repaid loans worth Rs 32,004 crore in the financial year 2025-26, according to the revised budget estimates.A provision of Rs...

Chennai, March 23 – The Madras High Court on Monday dismissed an appeal filed by film-maker Gautham Vasudev Menon and his production house, Photon Factory, upholding a previous order directing them to pay ₹4.25 crore along with 12 per cent annual interest to R.S. Infotainment.This ruling marks...

The government has modified the Pradhan Mantri Fasal Bima Yojana to ensure transparency, accountability, and timely claim payments to farmers. Responding to supplementary questions in the Lok Sabha today, Union Agriculture and Farmer Welfare Minister Shivraj Singh Chouhan stated that previously...

New Delhi, March 13 State-owned MTNL has failed to deposit interest on sovereign guarantee bonds in the escrow account due on March 24 this year, the company said in a regulatory filing on Friday.According to the structured payment mechanism of the Tri-Partite Agreement (TPA) signed among...

New Delhi, March 13 The securities regulator, Sebi, issued guidelines on Friday for mutual funds to engage in intraday borrowing arrangements with financial institutions such as banks.Under the new framework, the board of an asset management company (AMC) as well as the board of trustees will...

Mumbai, March 9 – Maharashtra’s Medium Term Fiscal Policy (MTFP) statement for 2026-27 presents a picture of a state trying to manage a rising debt burden through aggressive infrastructure spending.Although the headline figures suggest fiscal discipline, the underlying numbers indicate...

Mumbai, March 7 – The Shiv Sena (Uddhav Balasaheb Thackeray) raised serious concerns on Saturday regarding the state's "deteriorating" financial health."Maharashtra is currently grappling with a massive debt estimated between Rs 9.5 to Rs 10 lakh crore," the party said.While Chief Minister...

Mumbai, March 6 – Maharashtra's total debt is projected to exceed Rs 11 lakh crore in 2026-27 as the state continues to borrow to fund infrastructure projects and welfare schemes, government officials said on Friday.According to the state government's budget documents, Maharashtra's total debt...

Mumbai, March 6: Maharashtra's expenditure on salaries, pensions, and interest payments during 2025-26 will reach a record Rs 3,12,556 crore, which will be more than 50 per cent of the total revenue expenditure of Rs 6,06,855 crore.Revenue receipts are estimated at Rs 5,60,964 crore, officials...

New Delhi, February 23 The Supreme Court, in a Monday hearing, orally observed that land acquisition cases from before 2018 cannot be reopened to grant compensation with interest to farmers whose land was acquired under the National Highways Authority of India (NHAI) Act.This observation was...

Thane, February 21 The Motor Accident Claims Tribunal (MACT) in Thane has awarded compensation of ₹19.83 lakh to the family of a 46-year-old pedestrian who was killed in a road accident in 2018.Badruddin Kalaraj Choudhary, originally from Assam, was walking home near Indian Compound in...

Gandhinagar, February 19 Gujarat's total public debt has risen to ₹3,99,633 crore in 2024-25, according to revised estimates, the state assembly was informed on Thursday.This was announced by Finance Minister Kanubhai Desai during the Question Hour of the ongoing Budget session in response to...