Search For "debt"
Expect Beijing to fulfill its G20 commitments to offer bilateral debt rel
Updated : 5 years, 10 months ago IST
Washington D.C [US], May 6 (ANI): A senior US diplomat On Wednesday said that US expects China to fulfil its G20 commitments to offer bilateral debt relief for low-income countries.
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Incremental credit growth declines 64 pc in FY20, could recover in FY21: I
Updated : 5 years, 10 months ago IST
New Delhi [India], May 6 (ANI) The incremental credit flow from banks, commercial papers (CPs) and corporate bonds outstanding could rise by Rs 7.3 lakh crore to 9.7 lakh crore during the current financial year FY21, according to investment information firm ICRA.
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Coronavirus deals a body blow to China's grand global influence plans
Updated : 5 years, 10 months ago IST
London [UK], May 4 (ANI): The coronavirus pandemic has dealt a body blow to China's landmark initiative for global influence domination -- the Belt and Road initiative (BRI) with most of the 142 recipient nations now seeking to renegotiate the deal.
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Boeing raises $25 billion in bond offering, rules out federal aid
Updated : 5 years, 11 months ago IST
Chicago [USA], May 1 (ANI): Aerospace major Boeing has raised 25 billion dollars in a bond offering and said it will not seek government aid in the fallout from coronavirus pandemic.
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Nearly half of global workforce at risk of losing livelihood: ILO
Updated : 5 years, 11 months ago IST
Geneva [Switzerland], May 1 (ANI): The continued sharp decline in working hours globally due to COVID-19 outbreak means that 1.6 billion workers in the informal economy -- that is nearly half of the global workforce -- stand in immediate danger of having their livelihoods destroyed, the Inte
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Ind-Ra assigns AAA rating to India Grid Trust's MLDs with stable outlook
Updated : 5 years, 11 months ago IST
Mumbai, (Maharashtra) [India], Apr 29 (ANI): IndiGrid, India's first power sector infrastructure investment trust (InvIT), said on Wednesday that India Ratings and Research (Ind-Ra) has assigned AAA rating to its market-linked debentures (MLDs) with a stable outlook.
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COVID-19 damages India's growth and fiscal outlook, may impact sovereign r
Updated : 5 years, 11 months ago IST
Hong Kong, April 28 (ANI): Fitch Ratings has again revised down its economic growth forecast for India to 0.8 per cent in the fiscal year ending March 2021, reflecting the impact of the coronavirus pandemic and official efforts to contain it.
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Singapore's legandary oil trader in debt trap amid COVID-led oil price plu
Updated : 5 years, 11 months ago IST
Singapore, April 27 (ANI): Hin Leong Trading, once a colossus in Singapore's oil trading community, has filed for bankruptcy protection after the collapse of global oil prices due to COVID-19 outbreak.
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RBI announces Rs 50,000 crore special liquidity facility for mutual funds
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 27 (ANI): The Reserve Bank of India (RBI) on Monday decided to open a special liquidity facility for mutual funds of Rs 50,000 crore in a bid to arrest redemptions in the asset management industry after last week's collapse of six debt schemes of Franklin
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UNCTAD predicts $3.4 trillion debt for developing countries amid COVID-19
Updated : 5 years, 11 months ago IST
Geneva [Switzerland], April 25 (ANI): Developing countries' repayments on their public external debt alone will soar to between 2.6 trillion and 3.4 trillion USD in 2020 and 2021, the United Nations Conference on Trade and Development (UNCTAD) has said in a new report while calling for a glo
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IMFC calls on private creditors to join debt standstill amid COVID-19 cris
Updated : 5 years, 11 months ago IST
Washington DC [USA], April 17 (ANI): The International Monetary and Financial Committee (IMFC), the IMF's governing body, has underscored the importance of the Fund in fighting the economic crisis caused by coronavirus pandemic.
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IMF urges countries to spend all they can during coronavirus pandemic
Updated : 5 years, 11 months ago IST
Washington DC [USA], April 16 (ANI): IMF Managing Director Kristalina Georgieva has outlined the difficult economic environment countries are facing because of the COVID-19 epidemic and her global plan of action to take it on.
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