Search For "debt"
Maharashtra sees uptick in farmer suicide cases
Updated : 3 years, 6 months ago IST
Yavatmal (Maharashtra) [India], September 13 (ANI): Around 60 farmers have died by suicide in the last 43 days in the Yavatmal area of Maharashtra failing to repay the debt following the torrential rains.
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IMF bailout discussion on Sri Lanka debt restructuring still on lower pede
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], September 13 (ANI): Sri Lanka has reached an agreement with the International Monetary Funds (IMF) regarding debt restructuring which will start only after all Sri Lankan creditors agree to restructure their existing loans to the island nation. On the other hand, while C
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United States asks China to cooperate with Sri Lanka's debt structuring
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], September 13 (ANI): A United States diplomat asked China to cooperate with Sri Lanka's debt restructuring and advised the island nation to be responsible for future borrowings while agreeing to participate in the re-structuring of Sri Lanka's debt.
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Sri Lanka, Pakistan, Maldives stand neck-deep in Chinese debt: Forbes
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], September 12 (ANI): Sri Lanka, Pakistan and Maldives are among the biggest debtors of China. Pakistan owes USD 77.3 billion of external debt to China, according to Forbes.
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China spreading its debt tentacles in Central Asia
Updated : 3 years, 6 months ago IST
Beijing [China], September 11 (ANI): China's influence has been quietly expanding in a more pervasive way in Central Asia. Since 2000, Beijing has been expanding its lending activities in Central Asia.
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Chinese debt trap diplomacy behind Sri Lankan's bankruptcy: Expert
Updated : 3 years, 6 months ago IST
Brussels [Belgium], September 10 (ANI): The debt trap policy of China has affected the Sri Lankan economy as Colombo was declared bankrupt due to Beijing's Belt and Road Initiative projects in the south Asian country, according to experts.
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Stung by global criticism of BRI, China finally puts up a defence
Updated : 3 years, 6 months ago IST
Beijing [China], September 9 (ANI): Growing world criticism of China's controversial debt-trap program, the Belt and Road Initiative (BRI), appears to be stinging the communist leadership. For the first time, the government is on the defensive and is offering an explanation that "it is a roa
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Laos debt pressure on rise, owes large sum of foreign debt to China: Exper
Updated : 3 years, 6 months ago IST
Nong Khai [Thailand], September 8 (ANI): The economic situation of Laos continues to worsen as the country is under a severe shortage of foreign reserves and owes a hefty sum of foreign debt to China as the country is suffering from twin deficits, a senior economist at Thailand's Krungsri Re
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Floryo raises USD 2Mn in pre-series a round led by 3ONE4 Capital
Updated : 3 years, 6 months ago IST
Bengaluru (Karnataka) [India], September 8 (ANI/GPRC): Fresh and customizable, value-added staples brand, Floryo has raised USD 2Mn in Pre-Series A round led by 3ONE4 Capital. The new-age D2C brand also saw participation from prominent investors like Vivek Gupta and Abhay Hanjura (Founder Li
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Chinese naval base in Cambodia raises security concerns, debt trap threat
Updated : 3 years, 6 months ago IST
Beijing [China], September 7 (ANI): Aiming to establish control and authority over global politics, China's upcoming naval base in Cambodia could be the latest example of establishing and fulfilling Beijing's hegemonic interests in Southeast Asia.
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Bangladesh faces heavy losses due to tax evasion by Chinese companies
Updated : 3 years, 6 months ago IST
Dhaka [Bangladesh], September 7 (ANI): Chinese companies are often found involved in malpractices that cause huge losses to several South Asian countries where they operate.
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Surge in Pakistan's circular debt continues, CPEC dues cross PKR 220 billi
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 6 (ANI): Despite the payment of PKR 50 billion for the CPEC power project in June by the government, the piling up of unpaid payments has only skyrocketed in Pakistan.
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