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debt reduction

Weakened Modi Government Faces Challenges in Fiscal Consolidation

Can a weakened Narendra Modi government continue its work of narrowing the fiscal gap, which it has been able to do in recent years? Economists say it is doable, but perhaps not at the pace the government would have preferred. Following exit polls, analysts were optimistic about the Indian economy’s fiscal deficit coming down to …

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Strides Pharma Sells Singapore Plant for $15M to Reduce Debt and Costs

Strides Pharma Science (Strides) has recently announced a significant development in its strategic restructuring efforts. The company has signed a binding agreement with Rxilient Biohub to sell its manufacturing facility in Singapore for a total of $15 million. The proceeds from this transaction will be allocated towards reducing the company’s debt. This sale also promises …

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