Search For "debt"
Shimla Municipal Corporation Polls: Sukhvinder Singh Sukhu says election h
Updated : 2 years, 11 months ago IST
Accusing BJP of bequeathing the people of Himachal Pradesh a huge burden of debt, the State's Chief Minister Sukhvinder Singh Sukhu asked people to vote for Congress in the upcoming Shimla Municipal Corporation Polls so that Congress can run the Corporation "for the development of Shimla Cit
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Bajaj Finserv net profit grows 31 pc to Rs 1,769 cr in fourth quarter
Updated : 2 years, 11 months ago IST
Bajaj Finserv has posted a 31 per cent jump in its net profit to Rs 1,769 crore for the quarter ended March 31, 2023, against Rs 1,364 crore in the year-ago period.
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China's BRI and 'Debt Trap Diplomacy' in African countries
Updated : 2 years, 11 months ago IST
More than 200 BRI cooperation agreements had been signed by 140 nations at the start of 2021, serving as frameworks for Chinese businesses to construct infrastructure projects like ports, railways, power plants, and telecommunication networks using low-interest Chinese loans to host countrie
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Poonawalla Fincorp's rating upgraded to CRISIL AAA
Updated : 2 years, 11 months ago IST
Pune (Maharashtra) [India], April 25 (ANI/BusinessWire India): CRISIL Ratings Ltd (CRISIL) has upgraded the rating for long-term debt instruments and bank facilities of Poonawalla Fincorp Limited (PFL) to "CRISIL AAA (triple A)/ Stable".
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Orange line in Lahore continues to be in Chinese stranglehold
Updated : 2 years, 11 months ago IST
Long construction delays and rampant disruptions owing to the indifferent attitude of implementing agencies from China have left the authority high and dry on many occasions.
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Nepal Airlines Corporation reels under 50 bn Chinese debt
Updated : 2 years, 11 months ago IST
As per a plan to profit the corporation, the Chinese aircraft were purchased about eight years ago. Four Y12 and two MA-60 planes were purchased with a soft loan and subsidy with a bilateral agreement between the Nepalese and Chinese governments. The contract for the purchase of Chinese plan
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Amid rising external debt, Egypt planning to swap strategic assets with Ch
Updated : 2 years, 11 months ago IST
It is believed that Egypt's move to swap its debt with China for strategic assets could be a part of its plan to disinvest state-backed assets, reported The Singapore Post.
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Kenya's President Ruto embraces West as ties with China strains
Updated : 2 years, 11 months ago IST
Since the new administration assumed office last September, Ruto's several visits outside Africa have largely been to Western nations, including the US (twice), the UK, France, Belgium, and Germany.
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Credgenics turns operationally profitable, eyes Rs 240 crore revenue this
Updated : 2 years, 11 months ago IST
New Delhi [India], April 19 (ANI/PRNewswire): Credgenics, a leading provider of SaaS-based debt collections and resolution technology platform has announced that it has achieved operational profitability in its fourth year of operation. The company's success is attributed to its innovative a
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Hostile attitude of Islamabad, SBP forcing multinationals to flee crisis-h
Updated : 2 years, 11 months ago IST
During the past few months, several multinational companies have expressed dismay over institutional hurdles impacting their businesses. Most prominent among them is the excessive foreign exchange control followed by Pakistan.
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Indonesia worries about whether it might fall into Sri Lanka-like debt tra
Updated : 2 years, 11 months ago IST
Indonesia is worried over the possibility of falling into a debt trap like Sri Lanka by China as the country has seen complaints about the decision to go with China over Japan to build a high-speed railway, reported Nikkei Asia.
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World Bank suggests Pakistan end subsidies amid "dangerous" fiscal deficit
Updated : 2 years, 11 months ago IST
To improve Pakistan's economy, the World Bank, in its review report, has recommended several suggestions to the country to counter the problem -- starting with the end of subsidies.
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