Financial News
Meet the top 50 dealmakers in European M&A
A duo from Credit Suisse lead the ranking after a busy end to 2020, with senior bankers predicting a continued deal frenzy this year
A flurry of activity at the end of 2020 helped to shake up a ranking of top mergers and acquisitions bankers in Europe Getty Images By Friday February 5, 2021 12:01 am
A flurry of activity at the end of 2020 helped to shake up a ranking of top mergers and acquisitions, with senior dealmakers expecting more transactions to come as businesses adjust to the fallout from the pandemic.
A busy fourth quarter helped put two Credit Suisse bankers at the top of a ranking of dealmakers in Europe, the Middle East and Africa provided exclusively to Financial News by data provider MergerLinks (see full list below).
Each Pakistani now owes Rs175,000
Fiscal Policy Statement shows per person burden increased Rs21,311 in one year
Total development spending by five governments slipped to the lowest level in over a decade to a mere 2.8% of GDP. Federal development spending was only 1.3% of GDP. PHOTO: FILE
ISLAMABAD:
The government has apprised the National Assembly that the per capita debt jumped to Rs175,000 at the end of last fiscal year - an additional burden of Rs54,901 or 46% on every citizen within two years.
In the Fiscal Policy Statement of 2020-21, the Ministry of Finance also admitted that the government violated the Fiscal Responsibility and Debt Limitation (FRDL) Act of 2005 by failing to reduce the federal fiscal deficit to 4% of the size of national economy.
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The RBI has announced that it will start raising the CRR rate from 3% to 4% within the next 4 months.
Fixed deposit investors will be a happy lot because after a long stint of interest rates declining, RBI has given an indication that interest rates may go up in coming future.
Banks will be left with less funds to lend and hence start increasing interest rates on loans if they find robust demand from the borrowers.
While borrowers may not be happy with any interest rate hike however fixed deposit investors will be a happy lot because after a long stint of interest rates declining, RBI has given an indication that interest rates may go up in coming future. Lower interest rates on fixed deposits has been one of the biggest pain points for investors like senior citizens who mostly depend on it to generate regular income. However, borrowers of home loan, auto loan, personal loan, education loan and so on may face higher interest rates going forward.
Chennai (Tamil Nadu) [India], February 5 (ANI): Ahead of the assembly elections, Tamil Nadu Chief Minister Edappadi K Palaniswami on Friday announced to waive off Rs 12,110 crore farmers' loans.
MKB establishes Strategy and Sustainable Development Committee 05.02.2021 CREDIT BANK OF MOSCOW s Supervisory Board members and Management. | February 11, 2021