Govt wins numbers game as Delhi services Bill gets Rajya Sabha nod

The Rajya Sabha (RS) on Monday passed the contentious Delhi Services Bill, with the Biju Janata Dal (BJD) and the YSR Congress Party voting with the government. The Government of National Capital Territory of Delhi (Amendment) Bill, 2023, replaces an ordinance promulgated by the Centre to handle the transfers and postings of officials… Continue reading Govt wins numbers game as Delhi services Bill gets Rajya Sabha nod

Numbers justify Fitch downgrade, says Blackstone CEO Steve Schwarzman

By Dawn Lim and Erin Fuchs Steve Schwarzman said Fitch Ratings’ downgrade of the US long-term credit rating was appropriate after multiple debt-limit standoffs.    “The numbers justify it, regrettably,” the Blackstone Inc. chief executive officer said on CNBC Friday. “We’ve had an explosion of debt since the global financial crisis. We… Continue reading Numbers justify Fitch downgrade, says Blackstone CEO Steve Schwarzman