Chandigarh (Punjab) [India], November 15 (ANI): Punjab Pradesh Congress Committee president Navjot Singh Sidhu on Monday said that Punjab is the most indebted state in India and the debt accounts for 50 per cent of the State GDP.
Hong Kong, November 6 (ANI): After China's property giant Evergrande Group faced a debt repayment deadline, another real estate developer Kaisa Group is at risk of default, escalating fears of further problems in the country's embattled property sector.
Islamabad [Pakistan], November 3 (ANI): Pakistan's borrowings are about 95 per cent of the country's GDP, which indicate the nation continues to lack a big financial boost and some support for debt servicing, reported local media.
Taipei [Taiwan], November 3 (ANI): A colossal 86.6 per cent of the 175 million people born in China during the 1990s are in debt, reveals Taiwan News citing a Chinese report.
New Delhi [India], November 3 (ANI): After a debt-ridden farmer allegedly died by suicide in Uttar Pradesh's Baghpat, Samajwadi Party (SP) chief Akhilesh Yadav termed the incident as "heart-wrenching" and called upon people of the state, supporters of farmers, members of SP and other alli
Pune (Maharashtra) [India], November 2 (ANI/NewsVoir): Last year, when COVID-19 had gripped the nation leading to the lockdowns, the uncertainty in equity markets and the low returns of the debt market turned many investors towards other investment options, and not surprisingly the Indian re
Islamabad [Pakistan], October 30 (ANI): Bearing the cost of failure of the ruling governments in Pakistan, the country has had to pay over Rs 26 billion in interest cost to China to repay a maturing debt in the fiscal year 2020-21, reported a local media.
Beijing [China], October 29 (ANI): The Chinese economic slowdown in the third quarter of the current financial year unveils the problem of the growing debt in the real estate industry in the country with millions of houses unsold and unoccupied.
Guwahati (Assam) [India], October 23 (ANI): Amid efforts by China to increase its footprint in the Indian Ocean, Chief of Defence Staff (CDS) General Bipin Rawat said that India should focus on Security and Growth for All in the Region (SAGAR) initiative to foster its relations with its mari
Bengaluru (Karnataka) [India], October 20 (ANI/BusinessWire India): Benefits.club, in affiliation with its NBFC partner - Kalandri Capital, has recently launched an innovative platform that allows employees, their social network, HNIs, and institutional investors to invest in the debt of the
Jakarta [Indonesia] October 20 (ANI): Faced by the price of cost overruns on China's signature Jakarta-Bandung fast-rail project, Indonesia's government has been forced to dip into the state budget for projects which continues to witness construction delays and land acquisition issues.
Antananarivo [Madagascar], October 15 (ANI): China has been striving to trap African nations in its debt diplomacy but Madagascar is now leading the fight for sovereignty in the African continent.