Search For "debt"
Bangladesh resists 'debt-trap' of China, avoids Belt and Road Initiative h
Updated : 4 years, 8 months ago IST
Dhaka [Bangladesh], July 11 (ANI): Unlike Pakistan and Sri Lanka, Bangladesh has conducted prudent macro-economic management in order to not fall into any 'debt trap' of China and has avoided the Belt and Road Initiative (BRI) heavy-handedness!
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Pakistan's public debt rose to over 8 pc in 11 months
Updated : 4 years, 8 months ago IST
Karachi [Pakistan], July 7 (ANI): Pakistan's public debt has increased by over eight per cent in 11 months of the fiscal year ended in June due to increased government borrowing to meet the spending requirements during the COVID-19 pandemic according to government data.
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Vedanta Resources' funding options will improve on raising debt cap at sub
Updated : 4 years, 8 months ago IST
Singapore, July 7 (ANI): S&P Global Ratings said on Wednesday that Vedanta Resources Ltd can increase funding options to address refinancing needs if it secures consent to raise the cap on total debt at subsidiary guarantor Twin Star Holdings Ltd.
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ONGC's improved earnings outlook to support deleveraging: S&P
Updated : 4 years, 8 months ago IST
Singapore, July 6 (ANI): S&P Global Ratings has said that Oil and Natural Gas Corporation's (ONGC's) improved earnings outlook for the next 12 to 18 months will support deleveraging.
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Moody's assigns definitive Ba1 rating to JSW Hydro Energy's senior notes
Updated : 4 years, 8 months ago IST
Singapore, July 6 (ANI): Moody's Investors Service said on Tuesday it has assigned a definitive Ba1 rating to JSW Hydro Energy Ltd's (JSWH) USD707 million 4.125 per cent senior secured notes due 2031.
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Russia warns US against transforming withdrawal from Afghanistan into relo
Updated : 4 years, 8 months ago IST
Moscow [Russia], July 6 (ANI): Russian Special envoy to Afghanistan Zamir Kabulov has warned the United States that the process of withdrawing US troops from Afghanistan should not turn into a redeployment of the US and NATO infrastructure to the countries of Central Asia.
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Cash-strapped Pakistan inks agreement with Saudi Arabia-based bank to borr
Updated : 4 years, 8 months ago IST
Islamabad [Pakistan], July 6 (ANI): A debt-ridden Pakistan has signed an agreement with Saudi Arabia-based Islamic Development Bank (IDB) to borrow USD 4.5 billion to alleviate oil and gas shortages that are crippling the economy and people's livelihoods through power cuts and fuel disruptio
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Increase in household debt stress is worrying: SBI report
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 5 (ANI): The beginning of second Covid-19 wave has resulted in significant deposit outflows from banking system in alternated fortnights, the pace of which has now again moderated, according to a new report from State Bank of India's (SBI's) economic resear
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Despite Imran Khan's promise to reduce circular debt to zero, Pakistan add
Updated : 4 years, 8 months ago IST
Islamabad [Pakistan], July 4 (ANI): The continuous increase in the flow of the circular debt during the third year of Imran Khan's Tehreek-e-Insaf (PTI) government is against the promises that the ruling party had made to bring the circular debt to zero by December 2020.
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Future of Laos, its fiscal stability, hinges greatly on China: Expert
Updated : 4 years, 8 months ago IST
Bangkok [Thailand], July 3 (ANI): The Southeast Asian nation of Laos is struggling to meet its debt obligations amid sovereign downgrades and depleted foreign reserves.
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COVID-19 second wave has pushed vulnerable groups into debt traps, impacte
Updated : 4 years, 9 months ago IST
New Delhi [India], July 2 (ANI): Supriya Kar, a leader of Bijoyini collective of human trafficking survivors in West Bengal, has been forced to raise Rs 55,000 from six different sources to bring her brother back from Malaysia after he lost his job in the second wave of COVID-19.
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Pakistan's external debt likely to increase as dependence on foreign loans
Updated : 4 years, 9 months ago IST
Islamabad [Pakistan], June 30 (ANI): Pakistan's external debt is likely to increase in the near future as it is under compulsion to borrow more and more every year to repay its outstanding external loans, finance its current account and build its forex reserves.
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