Search For "debt"
Pakistan facing "exceptionally high" economic risks, says IMF
Updated : 2 years, 8 months ago IST
The lender insists that one more IMF program will be necessary to solve structural issues. The government has agreed to notify the public as soon as electricity rates increase by 5 Pakistan Rupees (PKR) per unit and gas prices increase by more than 40%, according to the report. This is becau
Read More
3rd G20 FMCBG meet outcome document focuses on debt vulnerabilities, crypt
Updated : 2 years, 8 months ago IST
“Managing global debt vulnerabilities is a significant priority area for 2023, reflecting the Indian Presidency’s endeavour to voice the concerns of the Global South,” the outcome document of the meeting read.
Read More
G20 FMCBG meet: IMF chief calls for speedy, effective debt restructuring p
Updated : 2 years, 8 months ago IST
“While this progress is important and welcome, the debt restructuring process still needs to be speedier and more effective. The costs of delays in reaching an agreement on needed debt treatments are borne acutely by borrower countries and their people, who are least able to bear th
Read More
HSBC Innovation Banking UK Backs Cross-Border B2B Payments Company MODIFI
Updated : 2 years, 8 months ago IST
Singapore/ London [UK], July 18: MODIFI, the global cross-border business payments company, has secured a USD 100 million debt facility with HSBC Innovation Banking UK to further growth.
Read More
Datacultr transforms work culture by prioritizing Employee well-being and
Updated : 2 years, 8 months ago IST
New Delhi [India], July 17: Datacultr is a Risk Management and Digital Debt collection start-up based in Dubai, it has garnered prominence and has also made its mark in India. The company has a strong work culture of trust and embraces an unwavering commitment to an employee-first approach.
Read More
Appreciate India’s leadership on debt issues as G20 president: US Treasury
Updated : 2 years, 8 months ago IST
US Treasury Secretary Janet Yellen on Monday said that Washington appreciates India's leadership during its G20 Presidency and appreciated New Delhi's demonstrated leadership on debt issues.
Read More
China: Central Bank governor warns economic prudence ahead of retirement
Updated : 2 years, 8 months ago IST
People’s Bank of China (PBOC) Governor, Yi Gang, who is soon expected to step down from the position, has flagged some crucial concerns and also offered advice in a recent article for the Journal of Economic Research.
Read More
Major lender China faces 'debt bomb' at home: Report
Updated : 2 years, 8 months ago IST
China which has lent nearly 1 trillion USD to some 150 developing countries is itself facing a 'debt bomb' at home, compelling Beijing to be reluctant in cancelling large debts owed by countries struggling to make ends meet.
Read More
KisanServ partners with spocto to deploy 'Bhaasa': a voicebot that communi
Updated : 2 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 10: spocto, the world's leading debt support and risk mitigation platform, is excited to announce its strategic partnership with KisanServ, a prominent AgriTech company based out of Pune, for the deployment of spocto's AI driven multilingual voice bot 'Bhaa
Read More
Security threats, debt repayments hinder Pakistan-China BRI projects: Repo
Updated : 2 years, 8 months ago IST
The growing terrorist risk to Chinese citizens residing in Pakistan and differences over debt repayments have hindered the progress in the Belt and Road Initiative's projects of Islamabad and Beijing.
Read More
Cyril Amarchand Mangaldas advises JSW Steel Coated Products on CIRP of Nat
Updated : 2 years, 8 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], July 7: Cyril Amarchand Mangaldas advised and represented JSW Steel Coated Products Limited (JSW Steel Coated Products) in connection with the submission and implementation of a resolution plan for National Steel & Agro Industries Limited ("Target
Read More
Sri Lanka's Domestic Debt Optimization passed in parliament
Updated : 2 years, 8 months ago IST
Speaker of Sri Lanka Parliament Mahinda Yapa Abeywardena informed the Parliament that the resolution was passed with amendments.
Read More