#debt-reduction

Global Recycling Day 2025: History, Significance, and Why It Matters
Global Recycling Day 2025 is set to be observed on March 18, a day dedicated to recognizing and promoting recycling as a key solution for environmental preservation and sustainable living. Established in 2018, this annual event highlights the critical role recycling plays in conserving natural resources and reducing environmental pollution. The concept of Global Recycling Day was introduced by Ranjit Baxi during his inaugural speech at the Bureau of International Recycling (BIR) Convention in
Global Recycling Day 2025: History, Significance, and Why It Matters
Global Recycling Day 2025 is set to be observed on March 18, a day dedicated to recognizing and promoting recycling as a key solution for environmental preservation and sustainable living. Established in 2018, this annual event highlights the critical role recycling plays in conserving natural resources and reducing environmental pollution. The concept of Global Recycling Day was introduced by Ranjit Baxi during his inaugural speech at the Bureau of International Recycling (BIR) Convention in

Loan Against Mutual Funds: How to Secure Funds Without Redeeming Your Investments
A loan against mutual funds is an effective financing option that allows investors to access funds without selling their investments. By pledging mutual fund units as collateral, individuals can secure a loan from banks or financial institutions. This method provides a practical solution for short-term financial needs while enabling investors to retain their portfolio and continue benefiting from market growth. What is a Loan Against Mutual Funds?
Loan Against Mutual Funds: How to Secure Funds Without Redeeming Your Investments
A loan against mutual funds is an effective financing option that allows investors to access funds without selling their investments. By pledging mutual fund units as collateral, individuals can secure a loan from banks or financial institutions. This method provides a practical solution for short-term financial needs while enabling investors to retain their portfolio and continue benefiting from market growth. What is a Loan Against Mutual Funds?

Meta to Begin Company-Wide Layoffs, Accelerate Hiring of Machine Learning Engineers
Meta Platforms, the parent company of Facebook, is set to implement company-wide layoffs starting this week. According to a report from Reuters, the company will begin sending out notices to affected employees starting at 5AM PST. The layoffs are expected to impact multiple countries, including the US, but employees in Germany, France, Italy, and the Netherlands will be exempt due to local labor laws. Layoff notifications for employees in several other countries across Europe, Asia, and Afric
Meta to Begin Company-Wide Layoffs, Accelerate Hiring of Machine Learning Engineers
Meta Platforms, the parent company of Facebook, is set to implement company-wide layoffs starting this week. According to a report from Reuters, the company will begin sending out notices to affected employees starting at 5AM PST. The layoffs are expected to impact multiple countries, including the US, but employees in Germany, France, Italy, and the Netherlands will be exempt due to local labor laws. Layoff notifications for employees in several other countries across Europe, Asia, and Afric

IndiGo Slashes Airfares by 30-50% for Flights to Prayagraj Amid Kumbh Mela
In response to the government's request, IndiGo has decided to reduce airfares for flights to Prayagraj by 30-50%, a move aimed at making travel more affordable during the ongoing Kumbh Mela. This decision follows consultations between airlines and the Ministry of Civil Aviation, which urged the carriers to adjust their pricing and increase their flight capacities to accommodate the massive influx of devotees. The Kumbh Mela, which began on January 13, is expected to attract aro
IndiGo Slashes Airfares by 30-50% for Flights to Prayagraj Amid Kumbh Mela
In response to the government's request, IndiGo has decided to reduce airfares for flights to Prayagraj by 30-50%, a move aimed at making travel more affordable during the ongoing Kumbh Mela. This decision follows consultations between airlines and the Ministry of Civil Aviation, which urged the carriers to adjust their pricing and increase their flight capacities to accommodate the massive influx of devotees. The Kumbh Mela, which began on January 13, is expected to attract aro

Amul Slashes One-Litre Milk Prices Across India by Rs 1
The Gujarat Cooperative Milk Marketing Federation (GCMMF), known for marketing dairy products under the Amul brand, has reduced the price of its one-litre milk packs across India by Rs 1. The new prices are now Rs 67 for Amul Gold and Rs 55 for Amul Taaza per litre in Delhi, compared to their previous prices of Rs 68 and Rs 56, respectively. This reduction applies only to one-litre packs and not to half-litre variants, with the aim to encourage consumers to buy larger packs of milk.
Amul Slashes One-Litre Milk Prices Across India by Rs 1
The Gujarat Cooperative Milk Marketing Federation (GCMMF), known for marketing dairy products under the Amul brand, has reduced the price of its one-litre milk packs across India by Rs 1. The new prices are now Rs 67 for Amul Gold and Rs 55 for Amul Taaza per litre in Delhi, compared to their previous prices of Rs 68 and Rs 56, respectively. This reduction applies only to one-litre packs and not to half-litre variants, with the aim to encourage consumers to buy larger packs of milk.

Sri Lanka Vows to Complete Debt Restructure by Year-End
Sri Lanka has committed to completing its foreign debt restructuring by the end of December 2023, aiming to address its $46 billion external debt. After defaulting on debt in April 2022, the country has been working on rebuilding its finances with help from an IMF bailout. Deputy Minister Anil Jayantha Fernando confirmed that debt restructuring, which has been delayed for over two years, is critical for the country's economic recovery. The restructuring includes international sovereign bo
Sri Lanka Vows to Complete Debt Restructure by Year-End
Sri Lanka has committed to completing its foreign debt restructuring by the end of December 2023, aiming to address its $46 billion external debt. After defaulting on debt in April 2022, the country has been working on rebuilding its finances with help from an IMF bailout. Deputy Minister Anil Jayantha Fernando confirmed that debt restructuring, which has been delayed for over two years, is critical for the country's economic recovery. The restructuring includes international sovereign bo

Slowdown in Public NCD Issues Amid Heightened Regulatory Scrutiny
The public issuance of non-convertible debentures (NCDs) has significantly slowed down due to heightened regulatory scrutiny, particularly by the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI). According to SEBI data, Indian companies raised only Rs 5,526 crore in public NCD issues from April to October 2023, which marks a 59% decrease compared to the same period last year. Public issues allow companies to borrow from the general public by offering debt secu
Slowdown in Public NCD Issues Amid Heightened Regulatory Scrutiny
The public issuance of non-convertible debentures (NCDs) has significantly slowed down due to heightened regulatory scrutiny, particularly by the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI). According to SEBI data, Indian companies raised only Rs 5,526 crore in public NCD issues from April to October 2023, which marks a 59% decrease compared to the same period last year. Public issues allow companies to borrow from the general public by offering debt secu

Adani Group Reports Record Performance and Reduced Debt Exposure
The Adani Group reported a record financial performance in the first half of the ongoing financial year and for the trailing twelve months, driven by its growing businesses in infrastructure, energy, and renewables. The group's net exposure to Indian banks stands at $11 billion, with equity now accounting for 63% of its total debt. This marks a reduction in the conglomerate's reliance on debt. The strong growth in the first half was fueled by Adani Enterprises' solar and
Adani Group Reports Record Performance and Reduced Debt Exposure
The Adani Group reported a record financial performance in the first half of the ongoing financial year and for the trailing twelve months, driven by its growing businesses in infrastructure, energy, and renewables. The group's net exposure to Indian banks stands at $11 billion, with equity now accounting for 63% of its total debt. This marks a reduction in the conglomerate's reliance on debt. The strong growth in the first half was fueled by Adani Enterprises' solar and

The Top 10 Benefits of Pilates: Boost Your Health and Wellness
Core Strength Improvement: Pilates emphasizes controlled movements that engage deep abdominal muscles, lower back, and pelvic floor, enhancing core strength, stability, and balance while reducing back pain. Enhanced Flexibility: Through dynamic stretching and fluid movements, Pilates increases muscle flexibility and expands joint range of motion, improving athletic performance and reducing injury risk.
The Top 10 Benefits of Pilates: Boost Your Health and Wellness
Core Strength Improvement: Pilates emphasizes controlled movements that engage deep abdominal muscles, lower back, and pelvic floor, enhancing core strength, stability, and balance while reducing back pain. Enhanced Flexibility: Through dynamic stretching and fluid movements, Pilates increases muscle flexibility and expands joint range of motion, improving athletic performance and reducing injury risk.