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Pakistan: Circular debt hits CPEC power projects
Updated : 5 years, 1 month ago IST
Islamabad [Pakistan], May 9 (ANI): Pakistan's flagship CPEC power projects are hit by the circular debt and the Imran Khan government has failed to clear PKR 188 billion due payments in breach of an energy framework agreement with China, The Express Tribune reports.
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Debris of China's uncontrolled rocket disintegrates over Indian Ocean
Updated : 5 years, 1 month ago IST
Beijing [China], May 9 (ANI): Fragments of China's Long March 5B-rocket, which was launched with the first module for the country's orbital station in April, entered the Earth's atmosphere over the Indian Ocean on Sunday, the China Manned Space Engineering Office (CMSEO) said.
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Congress to discuss Assembly polls debacle, COVID-19 situation in CWC meet
Updated : 5 years, 1 month ago IST
New Delhi [India], May 8 (ANI): The Congress Working Committee (CWC) is scheduled to hold a meeting on May 10 to discuss recently declared Assembly election results and COVID-19 situation in the country.
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Mamata Banerjee accuses BJP of not accepting public mandate, says 'I never
Updated : 5 years, 1 month ago IST
Kolkata (West Bengal) [India], May 8 (ANI): West Bengal Chief Minister Mamata Banerjee on Friday alleged that the Bharatiya Janata Party (BJP) is not ready to accept the public mandate following the debacle in the Assembly election and asked why there is so much discrimination with the st
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PM Modi calls Tripura CM, discusses COVID-19 situation and measures
Updated : 5 years, 1 month ago IST
New Delhi [India], May 7 (ANI): Prime Minister Narendra Modi called on Tripura Chief Minister Biplab Kumar Deb on Thursday and discussed the spread of COVID-19, and measures being taken to contain it.
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IPL 2021 suspension sparks a debate on 'Bakstage': A social audio app
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 6 (ANI/NewsVoir): The BCCI's decision to suspend the latest edition of the Indian Premier League prompted a widespread response from people at large ranging from disappointment to relief, and this was reflected in a polarised conversation on Bakstage this we
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Chamoli Cloud burst: Several Shops, houses buried under debris
Updated : 5 years, 1 month ago IST
Chamoli (Uttarakhand) [India], May 5 (ANI): At least 25 shops and 31 houses are buried under debris following the cloud burst incident in Uttarakhand's Chamoli, said District Magistrate Swati S Bhadoria on Wednesday.
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Filter the noise, focus on ensuring key requirements in COVID-19 surge: Ja
Updated : 5 years, 1 month ago IST
London [UK]/ New Delhi [India], May 5 (ANI): External Affairs Minister (EAM) S Jaishankar has said that his message to Indian missions is to focus on the very serious situation back home just like government is focused in addressing the pandemic single- mindedly and to not get distracted
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China's continues to boost leverage over vulnerable countries as part of i
Updated : 5 years, 1 month ago IST
Beijing [China], May 4 (ANI): China is boosting its leverage over financially vulnerable countries and ensnaring some in sovereignty-eroding debt traps by extending loans with strings attached.
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Risks of China's local debt grows as govt scales back COVID-19 stimulus
Updated : 5 years, 1 month ago IST
Beijing [China], May 2 (ANI): As China has started scaling back the COVID-19 stimulus worth trillions of yuan launched last year, local government debt and corporate bond defaults are emerging as the prime financial risks for the communist government.
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Pakistan to seek debt restructuring of CPEC power projects
Updated : 5 years, 1 month ago IST
Islamabad [Pakistan], May 1 (ANI): Islamabad is set to seek debt restructuring of USD 3 billion for the China-Pakistan Economic Corridor (CPEC) energy projects and request China to consider restructuring of the repayments for 10 to 12 years in a bid to eliminate the need for increasing power
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Sustainability-linked debt rising as new asset class: S&P
Updated : 5 years, 1 month ago IST
Singapore, April 30 (ANI): The issuance of sustainability-linked debt instruments will top 200 billion dollars this year due to burgeoning sustainability-linked loan market and growing popularity of sustainability-linked bonds, according to a report published on Friday by S&P Global.
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