Karachi [Pakistan], May 13 (ANI): Trade deficits and increasing current account coupled with dried up dollar inflows, and external debt payments have resulted in an alarming dip in Pakistan's foreign exchange reserves, plunging to a record low since December 2019.
Gilgit Baltistan [PoK], May 12 (ANI): Pakistan is surreptitiously leasing out the Upper Hunza Valley to China in the near future to ease its mounting debt burden from the Chinese investment in the now increasingly burdensome China Pakistan Economic Corridor (CPEC) project.
Mumbai (Maharashtra) [India], May 10 (ANI): Telecom firm Vodafone Idea on Tuesday reported a consolidated net loss of Rs 6,563 crore for the fourth quarter of 2021-22, which is lower than Rs 7,023 crore net loss recorded in the corresponding period of last year.
New Delhi [India], May 10 (ANI): Calling for commitment to the party's accelerated revival, Congress President Sonia Gandhi on Monday said it is imperative that leaders and workers step forward and repay their "debt to the party in full measure at a critical juncture" when the party is beset
Beijing [China], May 9 (ANI): The Chinese loans in Africa, which are widely seen as extensions of the country's debt-trap diplomacy are being used by the recipient countries not just for infrastructure spending, but also for militarization, with defence companies from China being one of the
Beijing [China], May 9 (ANI): While infrastructure projects are one of the main priority areas in China-Africa cooperation, Beijing has cut down on its investment pledges for the continent for the first time in December 2021, according to reports.
Denver (Colorado) [US], May 8 (ANI): New research shows that adults who don't pay off college debt or take on new educational debt during their early adulthood to their early 40s have a greater risk of cardiovascular disease.
Beijing [China], May 7 (ANI): At the time when Sri lanka is struggling for its worst econimc crisis due to the huge Chinese loan debt, Beijing has once trying to entrap the Island nation by offering more loans and so-called aid to the country, according to media report.
Beijing [China], May 7 (ANI): The economic growth story of China is unparalleled, however, it has led to direct military aggression and there is no better place to observe Chinese flexing than in the Himalayas.
Colombo [Sri Lanka], May 7 (ANI): The crisis-hit Sri Lanka on Friday declared a state of emergency after the crippling strike and protest over the external debt for the second time in five weeks.
Mumbai (Maharashtra) [India], May 5 (ANI/BusinessWire India): AgriwiseFinserv Limited, one of India's fastest growing agri-focussed NBFCs, today announced that it had obtained a secure credit facility from Maanaveeya Development & Finance Private Limited (Maanaveeya). Maanaveeya is the I
Colombo [Sri Lanka], May 3 (ANI): China has decided to provide a loan of 300 million yuan to Sri Lanka amidst the unprecedented economic crisis in the island nation.