Search For "debt"
Nigeria's economy disrupted amid China's debt-trap diplomacy
Updated : 3 years, 8 months ago IST
Beijing [China], July 9 (ANI): China's debt-trap diplomacy in Nigeria is posing a serious threat to the country's economy as Beijing accentuates its infamous loan facilities to the African nation for investments in projects ranging from infrastructure to agriculture.
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Pakistan government's debt up by more than 15 per cent: Report
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 9 (ANI): Amid the worsening economic situation in the country, the Pakistan government's total debt has increased by 15.3 per cent in the first 11 months of the fiscal year FY22.
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Bangladesh protests as China attempts to steal credit for Padma Bridge
Updated : 3 years, 8 months ago IST
Dhaka [Bangladesh], July 8 (ANI): In the run-up to the inauguration of the bridge over the river Padma, Bangladesh has protested vehemently against an attempt by China to steal credit for its construction.
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China wishes to penetrate Africa's political landscape with its 'debt-trap
Updated : 3 years, 8 months ago IST
Beijing [China], July 8 (ANI): After offering loans to countries in Africa, China is now leveraging the "debt trap" to strategically penetrate the continent's political landscape.
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Mining major Vedanta to acquire debt-ridden Athena Chhattisgarh Power
Updated : 3 years, 8 months ago IST
New Delhi [India], July 8 (ANI): Mining major Vedanta will fully acquire the debt-ridden power generation company Athena Chhattisgarh Power in a cash deal worth Rs 564.67 crore. It made the announcement on Thursday in a regulatory filing to the stock exchanges.
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China's once profitable railways record USD 900bn debt amid push for expan
Updated : 3 years, 8 months ago IST
Beijing [China], July 8 (ANI): What was once China's profitable high-speed railways is now heading towards a trillion-dollar disaster after reports of debt nearing a whopping USD 900 billion.
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Sri Lanka's crisis should be warning to us all: UNDP
Updated : 3 years, 8 months ago IST
New York [US], July 8 (ANI): With the war in Ukraine dragging on, countries already under pressure from the knock-off effect of the COVID-19 pandemic, risk seeing the same economic crisis as Sri Lanka, the UN said on Thursday as it advised the international community to introduce radical fin
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Impact of Chinese loans in Africa far more complex than portrayed
Updated : 3 years, 8 months ago IST
Addis Ababa [Ethiopia], July 7 (ANI): The impact of Chinese loans in Africa is far more complex than it is often portrayed.
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Cannot rely on Pak & China, Afghanistan must turn to tested developmen
Updated : 3 years, 8 months ago IST
Kabul [Afghanistan], July 6 (ANI): Afghanistan under the Taliban's fundamentalism is on a rapid path to financial crisis and humanitarian crisis and amid this, the country cannot rely on Pakistan's politically motivated token gestures or on China's debt diplomacy which has wreaked economic
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Kesar India Limited IPO Closes: Issue Over-Subscribed; Allotments on 8thJu
Updated : 3 years, 8 months ago IST
New Delhi [India], July 5 (ANI/SRV): The initial public offering (IPO) of Kesar India Limited, Kesar lands a zero-debt real-estate brand having a total land reserve of 123.70 lac sqft, went live on 30th June 2022 and has received a stellar response from all categories of investors.
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Is Bangladesh next to fall in China's debt-trap diplomacy?
Updated : 3 years, 8 months ago IST
Dhaka [Bangladesh], July 4 (ANI): In a quest for rapid progress and development, Bangladesh is falling under the debt trap of China by sponsoring infrastructure projects.
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China's cryptic involvement in Pakistan's textile industry makes EU concer
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 3 (ANI): Chinese debt-trap diplomacy could eventually exploit the textile industry in Pakistan to reap by proxy the benefit of the European Union's GSP+ which benefits Islamabad from zero duty on several products.
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