Search For "debt"
Pakistan: Public debt rises by 9.5 pc from July 2021 to Jan 2022
Updated : 4 years ago IST
Islamabad [Pakistan], March 10 (ANI): Pakistan's public debt increased by 9.5pc from July 2021 to January 2022 when the figure was Pakistani Rupees 42.4 trillion, central bank data showed.
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Pakistan's trade deficit widens to USD 32 billion
Updated : 4 years ago IST
Islamabad [Pakistan], March 4 (ANI): Pakistan's trade deficit widened by a staggering 82 per cent year on year to reach USD 31.96 billion as per the data released by the Pakistan Bureau of Statistics on Wednesday.
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ETMONEY's technology-led approach is enabling investors to generate better
Updated : 4 years ago IST
New Delhi [India], March 4 (ANI/NewsVoir): ETMONEY, one of India's leading wealth management platforms, recently launched a one-of-its-kind membership service ETMONEY Genius. ETMONEY Genius uses a proprietary quant investing model that uses a dynamic asset allocation strategy to construct di
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Moody's downgrades Russia's ratings to junk
Updated : 4 years ago IST
New Delhi [India], March 3 (ANI): The global rating agency Moody's Investors Service (Moody's) on Thursday downgraded the Government of Russia's long-term issuer (local- and foreign-currency) and senior unsecured (local- and foreign-currency) debt ratings by several notches to B3, a junk sta
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Time for Sri Lankan leaders to revisit statecraft: Report
Updated : 4 years ago IST
Colombo [Sri Lanka], March 3 (ANI): Amid a messy economy, it is time for the Sri Lankan leadership to revisit their statecraft to enable their emerald island to re-emerge as the polar star for the seafarers.
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Falling nationwide recovery rate: Kenstone Capital emerging as the new one
Updated : 4 years ago IST
New Delhi [India], March 3 (ANI/SRV): With the latest reports showing a downward trend in the debt collection and recovery rate for the banks and financial institutions, lenders are continuing to face major financial losses. Along with the institutional money lenders and banks, the firms eng
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Pakistan headed to record deficit in excess of $20 billion in current fisc
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 28 (ANI): With the current account deficit (CAD) touching an all-time high of $2.56 billion in the month of January 2022, Pakistan's overall CAD is expected to cross $20 billion by the end of this fiscal (2021-22), according to experts.
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Imran Khan to address Pakistan on the country's economic crisis
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 27 (ANI): Pakistan Prime Minister Imran Khan will address his nation on Monday over the impact of the Russia-Ukraine conflict on the ongoing economic crisis of Pakistan.
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External debt rises by 20 pc in Pakistan in FY22
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 26 (ANI): Pakistan government's external debt rose by a massive 20 per cent in the first half of the current fiscal (2021-22), to reach a high of Rs 21 trillion in December 2021.
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Pakistan's Current Account Deficit at an all-time high
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 26 (ANI): Amid the continuing economic woes, Pakistan's Current Account Deficit (CAD) rose to an all-time high of USD 2.56 billion in the month of January 2022.
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Airtel to acquire Vodafone's 4.7 per cent stake in Indus Towers
Updated : 4 years, 1 month ago IST
New Delhi [India], February 25 (ANI): Bharti Airtel said on Friday it has entered into an agreement with Vodafone to buy its 4.7 per cent equity stake in Indus Towers on conditions that the proceeds will be used for investments in debt-ridden Vodafone Idea and clearing dues of the mobile tow
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Pakistan faces public backlash over 'decades of begging' for loans, report
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 25 (ANI): Amid the release of a fresh tranche of loans from the International Monetary Fund (IMF), the Pakistani government is facing backlash from civil society, over the unending series of loans, a report said on Thursday.
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