Search For "debt"
Defaulting Pakistan takes the steam out of CPEC
Updated : 3 years ago IST
China's ambitious CPEC project launched in 2013 was flawed from the beginning when it was assumed that it would be able to generate jobs and growth in Pakistan.
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Della Adventure and Resorts Pvt Ltd raises Rs 208 crores to fuel future ho
Updated : 3 years ago IST
Mumbai (Maharashtra) [India], February 27 (ANI/PRNewswire): Della Adventure and Resorts Pvt. Ltd, which owns and manages the popular Della Resorts and Della Adventure Park in Lonavala, has raised Rs 208 crores in non-convertible debentures (NCDs) which are to be utilized to part-refinance de
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SpiceJet restructures USD 100-mn outstanding dues to Carlyle Aviation Part
Updated : 3 years ago IST
The transaction will wipe out over USD 10-million debt of SpiceJet, thereby strengthening its balance sheet for future expansion. The move will substantially deleverage the company's balance sheet.
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Will Pakistan be able to avert looming recession?
Updated : 3 years ago IST
Pakistan faces a crippling economic crisis, with decades-high inflation and critically low foreign exchange reserves depleted by continued debt repayment obligations.
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Pakistan's budget deficit projections revised to history's highest at Rs 6
Updated : 3 years ago IST
The federal government will book the highest-ever budget deficit despite putting an extra burden of Rs 735 billion on citizens till the end of June on account of higher gas and electricity tariffs and additional taxes.
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FM Sitharaman discusses debt restructuring with heads of World Bank, IMF
Updated : 3 years, 1 month ago IST
Sitharaman co-chaired debt roundtable jointly with IMF MD Kristalina Georgieva and World Bank chief David Malpass. The G20 delegations also had a meeting with tech innovators at IISc.
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G20 Meet: PM Modi urges leading economies, monetary systems to bring back
Updated : 3 years ago IST
Addressing the gathering, the Prime Minister underlined that this is the first Minister-level dialogue under India's G20 Presidency and conveyed his best wishes for a productive meeting.
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As 'Chequebook Diplomacy' fails, China turns from generous investor to tou
Updated : 3 years, 1 month ago IST
China is chasing down unpaid debts, complicating Beijing's broader aspirations of extending its influence and forging new relationships through economic deals.
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Unsustainable debt levels threatening financial viability of many countrie
Updated : 3 years ago IST
Modi pointed out that it is now up to the custodians of the leading economies and monetary systems of the world to bring back stability, confidence and growth to the global economy.
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FM Sitharaman meets Indonesian counterpart, exchange views on debt sustain
Updated : 3 years ago IST
Both the ministers exchanged views on topics of global relevance such as debt sustainability, climate finance, health, food and energy security, and the need for greater Global South cooperation.
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Everest to set up new facility with Rs 125 cr capex
Updated : 3 years, 1 month ago IST
According to a statement shared with exchanges, the capex would enhance the existing capacity of 72,000 mtpa to 114,000 mtpa for ESBS division. It is expected that said capex would be operational by March 31, 2024. It will be funded by a mix of internal accruals and debt.
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China warns US against "finger-pointing" Moscow-Beijing ties
Updated : 3 years, 1 month ago IST
Speaking at a regular press conference, China's Foreign Ministry spokesperson Wang Wenbin said, "China-Russia comprehensive strategic partnership of coordination is built on the basis of non-alliance, non-confrontation and non-targeting of third countries, and is within the sovereign rights
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