World Economics

 AP govt pegs total outstanding liabilities at ₹4.28 lakh crore Updated - December 19, 2023 at 10:34 PM. | Hyderabad December 19 Says debt of state-owned corporations cannot be included as State Govt’s liabilities as its bound to give guarantees BY G NAGA SRIDHAR With respect to AP State government, only corporations pertaining to the power  sector have been historically securing debt without government guarantee. And these debts “cannot be regarded as government debts”‘, the statement said. With respect to AP State government, only corporations pertaining to the power  sector have been historically securing debt without government guarantee. And these debts “cannot be regarded as government debts”‘, the statement said. The total outstanding liabilities of Andhra Pradesh government are at ₹4,28,715 crore as on March 2023, the State government said on Tuesday. Citing the data from Reserve Bank of India (RBI)‘s recently released report on State finances, the government said...

 Tata Group’s market value now more than Pakistan’s economy: Report Tata Group’s total market capitalisation stands at around $365 billion or over Rs 30 lakh crore. This is higher than Pakistan’s GDP, estimated by the IMF at around $341 billion. Tata Group logo Tata Group's combined market value stands at approximately Rs 30 lakh crore. India Today Business Desk India Today Business Desk New Delhi,UPDATED: Feb 19, 2024 12:59 IST Written By: Koustav Das In Short Tata Group's market value higher than Pakistan's GDP Tata's market cap is around $365 billion, higher than Pakistan's $341 billion GDP TCS alone is half the size of Pakistan’s economy The combined market value of Tata Group companies has surpassed Pakistan’s gross domestic product (GDP), reported The Economic Times. The report highlighted how listed companies of the salt-to-software conglomerate have given stellar returns in one year on the stock market, adding that their combined value is now more than the e...