The World Bank posted on X, “How can developing countries become more resilient to debt risks & safeguard funding for critical needs such as healthcare & infrastructure? Kristalina Georgieva and Ajay Banga lead a high-level World Bank meetings conversation on Thursday, Oct. 12”.
Flight services of the Pakistan International Airlines’ (PIA) were disrupted after five three Boing 777 aircraft were grounded as they had no engines, ARY News reported on Saturday, adding that the fleet included two permanently grounded aircraft.
New Delhi [India], September 30: RBI registered NBFC-MFI, SATYA MicroCapital Limited has successfully raised Rs 500 Cr (USD 60Mn) from Sumitomo Mitsui Banking Corporation which is a Japanese multinational banking financial services institution owned by Sumitomo Mitsui Financial Group, Inc.
Gurugram (Haryana) [India], September 27: Trifecta Capital announced the final close of its third and largest venture debt fund, Trifecta Venture Debt Fund - III, receiving investor commitments of Rs 1,777 crores. The fund was significantly oversubscribed, exceeding the original target of Rs
In a significant development that could pull in foreign funds into India’s debt market, JPMorgan Chase & Co last week announced it will add Indian government bonds to its benchmark emerging-market index starting June 28 in 2024.
The Public Debt Management Office (PDMO) of the Government of Dubai's Department of Finance (DOF) announced a reduction of approximately AED29 billion in Dubai's public debt by the end of this year. The achievement has been realised within a year and a half since the establishment of the off
New Delhi [India], September 26: In the digital age, the convenience of online services has revolutionized various aspects of our lives, including financial transactions. Whether it's for unforeseen medical expenses, a dream vacation, or consolidating debt, you can now get an instant persona
The BJP's Punjab president, Sunil Jakhar, on Monday voiced concern over the state's financial situation saying that the Aam Aadmi Party (AAP) government was heavily in debt.
Chief Economic Advisor V Anantha Nageswaran said, “We welcome this development. JP Morgan has made this decision on their own. It attests to the confidence that financial market participants and financial markets, in general, have on India’s potential and growth prospects and its macroeconom
The inclusion of Indian government bonds in the JPMorgan Government Bond Index-Emerging Markets index could be seen as yet another sign of its growing appeal to global investors as it continues to remain one of the fastest-growing major economies.
Brazil’s left-wing president, Luiz Inacio Lula da Silva, while delivering the first country address at the United Nations General Assembly 2023 called for "outrage" against global inequality amid war, climate change, debt, energy and food crises, poverty and famine, Al Jazeera reported.