Search For "debt"
New venues for regional cooperation needed in South Asia: Report
Updated : 3 years, 3 months ago IST
Despite being at the centre stage of world politics, South Asia is the least interconnected. Various factors undermine any political or non-political dialogue and cooperation between the countries that share borders in this part of the world, according to the South Asia Democratic Forum (SAD
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G20 can make progress in debt relief, crypto, climate finance under India'
Updated : 3 years, 3 months ago IST
The IMF official had participated in the deliberations at the First G20 Finance and Central Bank Deputies Meet in Bengaluru and she had tweeted a video clip on a social media website, explaining these areas.
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Myanmar now next in line in China's debt-trap diplomacy
Updated : 3 years, 3 months ago IST
China now uses the political instability of Myanmar as a cover to lure it into a trap and drain its natural resources
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China acts as impediment to Sri Lanka's IMF deal
Updated : 3 years, 3 months ago IST
Debt restructuring is one of the prerequisites of the IMF's bailout package for Sri Lanka. The process is, however, getting delayed due to Sri Lanka's dire situation and a delay in concrete commitment from China, the island nation's largest bilateral lender. Sri Lanka seems to be missing its
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RupeeRedee partners with Credgenics to improve loan collections and custom
Updated : 3 years, 3 months ago IST
New Delhi [India], December 15 (ANI/PRNewswire): RupeeRedee, a leading digital lending platform, has announced its association with Credgenics, a leading provider of SaaS-based debt collections technology, to deploy Artificial Intelligence (AI), Machine Learning (ML), and Data Analytics-base
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Fitch downgrades India's auto loan sector outlook on economic slowdown ris
Updated : 3 years, 3 months ago IST
High inflation, Fitch Ratings said, may increase the operating costs of vehicles and the cost of living, which may hurt operators' debt servicing capacity.
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Central bank deputies discuss globally-coordinated approach to unbacked cr
Updated : 3 years, 3 months ago IST
The Ministry of Finance and the Reserve Bank of India jointly hosted the three-day gathering, with discussions on the "Finance Track" agenda under India's G20 Presidency. Day 1 saw different sessions on global economy, international financial architecture, infrastructure and sustainable fina
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Djibouti struggles to repay Chinese loan, suspends debt repayments
Updated : 3 years, 3 months ago IST
The World Bank has in its latest report on Djibouti, stated that in 2022, Djibouti's debt servicing costs tripled to USD 184 million from USD 54 million in 2021. A further increase to USD 266 million has been predicted for 2023.
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Sri Lanka registers decline in crop yield, high food inflation rates follo
Updated : 3 years, 3 months ago IST
In order to switch to organic fertilisers, Sri Lanka yet again relied on a Chinese company, only to get deceived in the end as the organic fertilizer supplied could not pass the two rounds of the National Plant Quarantine Services (NPQS) test due to high contamination.
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China loses influence in South Asia as protests erupt across borders
Updated : 3 years, 3 months ago IST
the anger amongst these countries is because of the debt trap of massive loans from china and their interference and presence in their country.
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Inox GFL Group raises Rs 1,500 cr, steps up measures towards zero net debt
Updated : 3 years, 3 months ago IST
The Indian conglomerate said the amount has been used to pare down debt substantially across its operating companies and consequently the interest outgo will reduce substantially.
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Pakistan's total external debt stocks by 2021 stood at USD 130.43 billion:
Updated : 3 years, 3 months ago IST
In its latest report "International Debt Report 2022, Updated International Debt Statistics," the World Bank said that the total external debt stocks were at USD 130.433 billion by 2021.
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