Maha debt stock likely to increase to record Rs 9,32,242 crore in 2025-26

Maha debt stock likely to increase to record Rs 9,32,242 crore in 2025-26

Follow Us on Google News Mumbai, March 10 (IANS) Maharashtra’s public debt stock is expected to increase to Rs 8,39,275 crore which is 18.52 per cent of the gross state domestic product (GSDP) as per the revised estimate for 2024-25. The debt stock would further increase to a record Rs 9,32,242 crore as per the … Read more

J&K’s Debt Surpasses ₹1.25 Lakh Crore, Reaches 52% of GSDP: Govt

Jammu, Mar 8: The Jammu and Kashmir government on Saturday disclosed that its total outstanding debt has exceeded ₹1.25 lakh crore, including ₹27,900 crore in the General Provident Fund (GPF) for the Union Territory in the last financial year. In a written reply to Assembly member Sajad Gani Lone, Chief Minister Omar Abdullah, who also … Read more

Karnataka’s debt rose to Rs 8 lakh crore, says Union Minister; calls the Budget ‘minority-oriented’

Bengaluru, March 8 (IANS) Union Minister for Food, Public Distribution and Consumer Affairs, Pralhad Joshi, has criticised the state Budget presented by Karnataka Chief Minister Siddaramaiah, stating that it has driven the state’s debt close to Rs 8 lakh crore and is primarily focused on appeasing minorities. Addressing the media in Bengaluru on Friday, Union … Read more

Maha debt stock to surge to Rs 7.82 lakh crore in FY 25

Mumbai, March 7 (IANS) Maharashtra’s debt stock, which comprises outstanding loans and other liabilities, is expected to increase to Rs 7,82,991 crore in 2024-25 against Rs 7,11,278 crore in 2023-24, an increase of 10 per cent. However, the Economic Survey for 2024-25 has said that the estimated debt stock of Rs 7,82,991 crore will be … Read more

‘Misleading’ budget will plunge state into debt: Rajasthan LoP

Jaipur, Feb 27 (IANS) Rajasthan Leader of the Opposition Tika Ram Jully on Thursday strongly criticised the recently presented state budget, calling it dull, misleading, a mirage of figures, and a financial burden that will push the state deeper into debt. Addressing the budget discussion in the Assembly, Jully accused the government of failing the … Read more

India’s private sector companies post higher profits, lower debt: RBI

New Delhi, Feb 25 (IANS) The operating profit margin as well as net profit margin of private sector corporates in India improved across major sectors during 2023-24 while their debt burden declined during the year, reflecting the growing financial strength, according to the latest data compiled by the RBI. “The operating profits rose by 15.3 … Read more

Kolkata triple murder case: Family had accumulated huge debt, probe on

Kolkata, Feb 23 (IANS) The Kolkata Police investigating the February 19 case of the mysterious deaths of three of a family, including a minor girl, here have found that the family had accumulated huge debts, and despite economic crunch was leading a lavish lifestyle, sources said on Sunday. The police are likely to take into … Read more

Bengal budget today amid concerns of debt, revenue, expenditure management

Kolkata, Feb 12 (IANS) Amid the three major concerns of debt, revenue and expenditure management, West Bengal Minister of State for Finance (independent charge) Chandrima Bhattacharya will present the state budget for the financial year 2025-26 in the state Assembly on Wednesday. As per figures of the state finance department, the total accumulated debt for … Read more

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