Search For "debt"
Adani Group refutes news report regarding repayment of loans against share
Updated : 3 years ago IST
The Adani Group refuted the news report published by The Ken, a digital publication, that the conglomerate has not completed the repayment of USD 2.15 billion in share-backed debt.
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Pakistan's economy spiralling out of control as friendly nations refuse t
Updated : 3 years ago IST
Pakistan is in a fix as it has entered into a vicious cycle of borrowing loans to pay off the debts it had taken earlier, thus displaying the scenario that the country's economy will spiral out of control as even friendly countries refused to provide any more easy financial bailout or intere
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Embassy REIT announces Rs 3,348 million acquisition of Embassy Business Hu
Updated : 3 years ago IST
Bangalore (Karnataka) [India], March 28 (ANI/BusinessWire India): Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) ('Embassy REIT'), India's first listed REIT and the largest office REIT in Asia by area, announced today that it has agreed to acquire Embassy Business Hub, a 1.4 million
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China now bails out countries after pushing them into 'debt-trap'
Updated : 3 years ago IST
American officials have accused China of engaging in "debt trap diplomacy" that is saddling countries with excessive debt for construction projects carried out by Chinese companies often using Chinese engineers, Chinese workers and Chinese equipment.
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Colliers expands capital markets & investment business across asset cl
Updated : 3 years ago IST
Gurgaon (Haryana) [India], March 28 (ANI/PRNewswire): A market leader and trusted real estate advisor, Colliers expands its Capital Markets and Investment Services capabilities in India by adding new business and strengthening its team.
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Pakistan: EPTL warns federal government of shutting down plant
Updated : 3 years ago IST
The company has written Central Power Purchasing Agency -Guaranteed (CPPA-G) a number of letters, most notably one on February 22, 2023, in which it asked for payment of its unpaid debts and alerted CPPA-G of impending debt servicing needs totalling Rs 28 billion.
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Amid blasphemy and bankruptcy, religious extremism continues to dominate P
Updated : 3 years ago IST
Pakistan is on the verge of bankruptcy and is roiled by several crises such as food shortage, high inflation, shrinking trade, unemployment, power outage, political instability, and growing debt. Yet, the focus has been on making religious punishments more rigorous.
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Nepal drowning in Chinese debt trap
Updated : 3 years ago IST
Recently inaugurated Pokhara International Airport has come up with a USD 215 million loan from the Chinese EXIM Bank. The terms for this financing are highly adverse for Nepal's economy. The rate of interest charged on this loan is 2 per cent, much higher than what other multilateral lender
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Pakistan circular debt for Chinese Independent Power Producers reaches PKR
Updated : 3 years ago IST
Pakistan's Planning Minister Ahsan Iqbal chaired the meeting and discussed progress on Special Economic Zones, ML-1, KCR and several new development initiatives to be discussed by the Joint Working Groups (JWGs).
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IMF-Ranil deal may strengthen pro-China forces in Sri Lanka: Report
Updated : 3 years ago IST
Most Sri Lankans believe that Ranil's government is protecting a corrupt regime.
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Chinese debt trap hurdles Zambia's progress: Report
Updated : 3 years ago IST
Zambia is under a heavy debt burden, and the post-Covid economic recovery is slow. In such a situation, it is difficult to upgrade the dilapidated road connecting its mining sites to export destinations in the lack of funds to build infrastructure, Africa Daily Digital reported.
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India among small set of countries able to reduce core debt of corporate s
Updated : 3 years ago IST
The report said while comparing the core debt of the corporate sector in both advanced economies (AEs) and emerging market economies (EMEs), it increased in both categories, reaching 175 per cent of GDP in EMEs and 185 per cent of GDP in AEs at the end of 2020
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