Search For "debt"
As IMF reforms kick in, inflation in Pak stays high at 27.4 per cent
Updated : 2 years, 6 months ago IST
The inflation rate for food remained high at 38.5 per cent in August, according to figures from Pakistan's statistics department, despite a minor decline from July's 28.3 per cent rate.
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China: Property developer firm Country Garden faces loss of USD 7 billion
Updated : 2 years, 6 months ago IST
Country Garden, one of China's property developers, said that it has faced a loss of USD 7 billion during the first six months of 2023. The property developer company said that it could default on its debts, CNN reported.
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China’s biggest homebuilder ‘Country Garden’ on verge of financial collaps
Updated : 2 years, 6 months ago IST
As China's economy has slowed recently, the already slow real estate market has come to a complete halt, putting Country Garden, which has a total debt of over USD 187 billion, in peril.
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Secretary Yellen to travel to India for G20 Leaders’ Summit: US
Updated : 2 years, 6 months ago IST
On her fourth visit to India in 10 months, Secretary Yellen will focus on strengthening the global economy and supporting low and middle-income countries by advancing the Multilateral Development Bank (MDB) evolution, debt restructuring, and the IMF’s Poverty Reduction and Growth Tr
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Lincoln Pharmaceuticals Ltd enters elite league; Enters Rs. 1,000 crore pl
Updated : 2 years, 7 months ago IST
Ahmedabad (Gujarat) [India], August 29: Lincoln Pharmaceuticals Limited, one of India's leading healthcare companies has entered the elite league and Rs. 1,000 crore plus market capitalization companies club for the first time. Share price of the company hit a 52 week high of Rs. 513 per sha
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Kenya’s debt level reaches record high: Report
Updated : 2 years, 7 months ago IST
As per data, the total public debt of Kenya has risen by a record 10.8 billion US dollars to 70.75 billion US dollars, breaching the debt ceiling amount set in June 2022 by the parliament and exceeding the previous year's debt by more than 18 per cent.
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Pak airline seeks USD 75 million as bailout package from interim govt
Updated : 2 years, 7 months ago IST
The Pakistan International Airline (PIA) has sought a bailout package worth Rs 23 billion Pakistani currency (approx. 75 million USD) from the government to continue its services amid the huge debt burden.
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Women will get Rs 1,500 monthly aid; if money arranged, will increase amou
Updated : 2 years, 7 months ago IST
Speaking on the occasion, Kharge said, “I promise that when the Congress will come into power in the state, the farmers will be debt free. LPG cylinder will be available at Rs 500. Women will get Rs 1500 per month and if more money is arranged then we will increase the amount further. The el
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President Murmu, VP Dhankhar express condolences on death of 9 Army person
Updated : 2 years, 7 months ago IST
President Murmu said she was "deeply anguished" by the news of the accident and added that "the nation owes a great debt of gratitude to these soldiers for their selfless sacrifice".
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"Kerala is in very bad shape financially": BJP leader KJ Alphons
Updated : 2 years, 7 months ago IST
"Kerala is in very bad shape financially. It is financially a wreckage. There is no money to pay a pension. 70,000 pensioners have died since 2019 without getting the additional Dearness Allowance (DA). Kerala has the highest debt in the country. How can a state survive like this?" KJ Alphon
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Kerala: Congress hits back at "financial failure" after LDF minister picks
Updated : 2 years, 7 months ago IST
"Kerala Finance Minister KN Balagopal has completely failed in the management of finance source of Kerala. Actually speaking Kerala is now in debt trap. The government has no idea how to get over it. The wasteful expenditure has not been corrected. Corruption is one of the major issues in th
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China faces 'Lehman Moment' fears as big investment firm misses payments
Updated : 2 years, 7 months ago IST
The term 'Lehman moment' refers to the catastrophic event in September 2008 in which Lehman Brothers, then the eighth-largest investment bank in the United States filed for bankruptcy, triggering a domino effect that sent shockwaves throughout the global financial system, resulting in the wo
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