Students can keep debt healthy with guidelines from Bills.com.
RBI calls for fiscal architecture overhaul (Express India)
There is a need for reconciling the discrepancies between fiscal deficit and movement in debt in designing a meaningful framework on fiscal consolidation in India, according to a study by the Reserve Bank of India.
Trade group still wary of Taiwan’s DRAM plan (EETimes.fr)
Despite the recent launch of Taiwan Memory Company and its subsequent investment in Japan’s Elpida, broader issues of consolidation and high levels of debt among Taiwan’s DRAM players remain unresolved, according to a trade group.
China’s Deep Pockets to Teck’s Rescue (The Motley Fool)
Teck edges one more step away from acute debt distress.
India Min:Government Debt Burden To Fall When Econ Overcomes Shocks (Nasdaq)
NEW DELHI -(Dow Jones)- India’s federal government said Friday its public debt could reduce once the adverse impact of the global shocks on the Indian economy is overcome and it resumes fiscal consolidation.
S & P may downgrade India’s rating (rediff.com)
Rating agency Standard & Poor’s on Tuesday said fiscal pressures would weigh on India’s credit quality. In a report released today, the agency said that a resumption of a timely and sustainable fiscal consolidation plan that resulted in lower debt and interest burden, and further reforms to boost economic growth could improve India’s sovereign ratings.
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