Islamabad [Pakistan], December 3 (ANI): Pakistan has started ceding important projects to Beijing as a way out to repay the mountain of debt arising out of Chinese loans as the Imran Khan government recently awarded the contract for the construction of 3,021 km of the strategic crude oil pip
Vientiane [Laos], December 3 (ANI): Laos has opened a USD 6 bn Chinese-built railway on Friday, the biggest public works project in its history, which analysts warn could expose the poor south-east Asian country to financial risk or political coercion from Beijing, reported Financial Times.
New Delhi [India], November 30 (ANI): Reliance Capital Limited welcomed the Reserve Bank of India's (RBI) decision to resolve the company's debt in accordance with the Insolvency and Bankruptcy (IBC) Code.
Islamabad [Pakistan], November 25 (ANI): The total debt and liabilities of Pakistan have crossed 50.5 trillion Pakistani rupees (PKR), of which the addition of PKR 20.7 trillion is under the current government alone, official figures released on Wednesday informed.
Mumbai (Maharashtra) [India], November 24 (ANI/PRNewswire): JM Financial Products Limited, the flagship NBFC arm of the JM Financial Group announced the launch of Bondskart.com, a one-of-its-kind intuitive digital investment platform that offers investors access to an extensive array of debt
Colombo [Sri Lanka], November 23 (ANI): Colombo Port City Project has been approved in haste by the Sri Lankan government to serve China's strategic interest in the island nation, according to a report by Policy Research Group Strategic Insight.
Mumbai (Maharashtra) [India], November 22 (ANI/PRNewswire): Mirae Asset Mutual Fund, one of the fastest growing fund houses in India which invests in the equities and debt segments, today announced the launch of 'Mirae Asset Hang Seng TECH ETF', an open-ended scheme replicating/tracking Hang
Washington [US], November 21 (ANI): In an apparent dig at China, US Secretary of State Antony Blinken on Saturday promised new investment in Senegal without "saddling countries with unmanageable debts."
Islamabad [Pakistan], November 20 (ANI): Pakistan National Assembly on Friday was informed that the country's public debt increased by Rs 14.9 trillion from July 2018 to June 2021 by the Ministry for Finance and Revenue.
Washington [US], November 18 (ANI): In the wake of Beijing's stimulus-led recovery from the COVID-19 pandemic, China's debt burden has further increased, stressing a financial system still struggling to manage an unprecedented debt expansion following the 2008 global financial crisis, US-Chi
Hyderabad (Telangana) [India], November 17 (ANI): Bharatiya Janata Party (BJP) leader Lanka Dinakar on Wednesday claimed that Andhra Pradesh is in a debt-trap and is failing to attract investment.
Kabul [Afghanistan], November 17 (ANI): Amid the economic and power crisis in the country, Afghanistan state electricity company has promised that it will soon pay the electricity debts owed to Central Asian countries.