News claiming additional deployment of the Pakistan Army troops along the LoC in GB and alleged use of Skardu Airbase by China is "false, irresponsible and far from truth," Inter-Services Public Relations Director General Maj Gen Babar Iftikhar said.
The current situation means that ratings dont fully reflect the credit health of issuers, according to a document from major raters submitted to Indias central bank Wednesday and seen by Bloomberg. That underscores challenges for a country mired in a credit crisis triggered by the 2018 default of a top-rated shadow lender.
Calling Paytm a Chinese app is absurd: Sameer Nigam Nigam, who runs Walmart-owned PhonePe spoke about digital payment boom in India while taking a swipe at Mobikwik and InMobi saying that both these companies ride on foreign capital and the China market so they can't be opportunistic now.
"Country at this juncture needs liquidity. Without liquidity our economy's wheel will not accelerate... Rs 50-60 lakh crore foreign investment is needed in the country under present circumstances to boost the economy," the Road Transport, Highways and MSME Minister said.