Search For "debt"
Jaitley underscores need for banks to crack down on frauds
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 25 (ANI): Union Finance Minister Arun Jaitley on Tuesday highlighted the impact of the formalisation of the Indian economy - through the Insolvency and Bankruptcy Code (IBC), GST, demonetisation and digital payments - on Public Sector Banks (PSBs), while also stress
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Bounce raises USD 3Mn as venture debt from InnoVen Capital
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 25 (ANI): Leading dockless two-wheeler rental service provider, Bounce, has announced raising funds worth USD 3 million as venture debt from InnoVen Capital.
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Threats facing the Chinese economy
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 21 (ANI): Despite an ever growing debt, China's economy has been steadily expanding in size and strength. The question is, for how much longer?
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Is China's BRI a debt trap?
Updated : 7 years, 6 months ago IST
Kathmandu [Nepal], Sept 18 (ANI): China could emerge as a neo-colonial power in the new world order if its landmark Belt and Road Initiative (BRI), at some instances, appears to be guided by the colonial philosophy that was followed by the Europeans.
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IDBI officials knew of losses at Kingfisher, claims Mallya's lawyer
Updated : 7 years, 6 months ago IST
London [United Kingdom], Sep 12 (ANI): The lawyer of liquor baron Vijay Mallya on Wednesday claimed that IDBI Bank officials were well aware of the losses incurred in the debt-ridden Kingfisher Airlines.
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Debt-ridden Pak removes illustrious economist for being Ahmadi
Updated : 7 years, 6 months ago IST
Islamabad [Pakistan], Sept 07 (ANI): The newly formed Pakistan Tehreek-i-Insaf (PTI) government has axed economist Atif R Mian from the Prime Minister Imran Khan-led Economic Advisory Council (EAC).
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Xi Jinping announces USD 60 bn aid to Africa
Updated : 7 years, 6 months ago IST
Beijing [China], Sept 4 (ANI): Amid growing concerns about rising debt distress in Africa, Chinese President Xi Jinping has announced a financial package of USD 60 billion aid, comprising investment and loans to the continent.
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Pakistan at risk of debt distress due to CPEC: U.S. senators
Updated : 7 years, 6 months ago IST
Washington D.C.[USA] September 04 (ANI): As newly elected government in Pakistan headed by Prime Minister Imran Khan is willing to pursue an International Monetary Fund (IMF) bailout, a group of United States Senators have asserted that Islamabad is at risk of debt distress due to rising cur
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Cygni Energy raises USD 6.4 Mn to power growth, expansion
Updated : 2 years, 5 months ago IST
New Delhi [India], Aug 23 (ANI): Cygni Energy, an innovative Solar-DC solutions startup, has announced raising funds worth USD 6.4 million through a combination of equity and debt.
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IIFL Asset Management appoints Pranob Gupta, Abhinav Jain to lead structur
Updated : 7 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 23 (ANI-BusinessWireIndia): IIFL Asset Management, part of IIFL Investment Managers, announced the appointments of Pranob Gupta and Abhinav Jain to lead the structured debt fund under the Alternative Investment Fund management platform. The duo will lead inv
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Myanmar cuts Chinese investment in Port project
Updated : 7 years, 7 months ago IST
Beijing [China], Aug 21 (ANI): Myanmar's deputy Minister of Finance Set Aung recently announced the downsizing of the Kyaukpyu Deepwater Port project, a part of China's One Belt One Road programme over concerns about falling into a debt trap.
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NYU to take care of Tuition fees of Medicine students
Updated : 7 years, 7 months ago IST
New York [USA], Aug 18 (ANI): Here is a happy news to start your day with. The New York University of Medicine, citing concerns about the students facing "overwhelming financial debt", has announced that it will cover their tuition.
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