Vedanta looks to repay $920mn debt in FY26

[ad_1] NEW DELHI: Anil Agarwal-led Vedanta Resources, as part of its deleveraging exercise, has proposed to repay $920-million debt in the current fiscal year and about $675 million in the next, a company official said.The company has been gradually deleveraging its balance sheet. [ad_2] Source link

Read More

Prolonged tension to hurt Pakistan’s economy: Moody’s

[ad_1] NEW DELHI: A sustained escalation in tension with India could hurt Pakistan’s growth, impact its fiscal consolidation and macroeconomic stability, Moody’s Rating warned on Monday.In contrast, it does not expect a significant impact on India, apart from higher defence spending weighing on govt’s fiscal consolidation plan.Pakistan was on the brink of bankruptcy until the…

Read More