Search For "financial crisis"
In about-turn from economic liberalisation days, India moves in its gold t
Updated : 1 year, 9 months ago IST
In an about-turn from the economic liberalisation days of 1991 when India shipped out gold and pledged it overseas to avert a looming financial crisis, the country has now shipped in a little over 100 tonnes of its gold reserves held in the UK.
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Balochistan University employees' protest enters Day 72 amid financial cri
Updated : 1 year, 9 months ago IST
The students, teachers, and employees of the Balochistan University of Quetta organised protests over the non-payment of salaries and administrative irregularities, reported The Balochistan Post.
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Pakistan seeks 24th bailout package from IMF as country faces prolonged fi
Updated : 1 year, 11 months ago IST
The International Monetary Fund confirmed that Pakistan was seeking a 24th medium-term bailout package for a permanent push towards longstanding structural reforms, reported Dawn.
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SC directs Kerala, Centre to convene meeting over financial issues
Updated : 2 years ago IST
A bench of Justices, Surya Kant and KV Vishwanathan's direction came while hearing the Kerala government plea raising the grave financial crisis faced by the coastal state.
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Pak: Expenditures of National Assembly paid by borrowed money, laments new
Updated : 2 years ago IST
The newly elected Prime Minister of Pakistan, Shehbaz Sharif on Sunday, highlighted the economic crunch faced by the country and said that even the expenditures of the National Assembly were being paid by borrowed money.
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Sri Lanka inflation to reach 5% target during Q3-Q4: Central bank official
Updated : 2 years ago IST
The island nation defaulted on its overseas debt in May 2022 after depleted foreign exchange reserves triggered the worst financial crisis since its Independence.
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Global financial crisis in 2008 wasn't as serious as COVID-19, UPA govt sh
Updated : 2 years, 1 month ago IST
Stressing that the global financial crisis in 2008 wasn't as serious as the COVID-19 pandemic, Union Finance Minister Nirmala Sitharaman on Friday said that the then Congress-led UPA government should have handled it with sincerity and transparency.
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China: Millions blacklisted for debt as loan defaults hit record high
Updated : 2 years, 3 months ago IST
After online payment platforms like Alipay and WeChat replaced cash as the most used payment method in China, many stores refused cash payments, and some defaulters said it had become difficult for them to even buy food.
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Egypt presidential polls: El-Sisi seeks to secure third term
Updated : 2 years, 3 months ago IST
Egyptians are voting in the country's presidential polls amid a severe financial crisis while Abdel Fattah el-Sisi is seeking a third term, reported Al Jazeera.
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Financial crisis looms over China as hidden debt woes intensify: Report
Updated : 2 years, 3 months ago IST
Cities and provinces across the nation have amassed a staggering amount of undisclosed debt through years of unchecked borrowing and spending, with estimates ranging from USD 7 trillion to USD 11 trillion in off-balance-sheet government debt, including corporate bonds issued by local governm
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National Games bronze gave me push to never quit again: Assam's Tilok Kutu
Updated : 2 years, 4 months ago IST
A bronze medal in Pencak Silat at the 37th National Games in Goa has come as a fresh ray of hope for Assam youngster Tilok Kutum, who was forced to quit the sport due to acute financial crisis
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Pakistan: Publishers in Khyber Pakhtunkhwa refuse printing until 4 billion
Updated : 2 years, 4 months ago IST
Private publishers in Khyber Pakhtunkhwa have refused to print textbooks for public sector schools until the payment of Pakistani Rupees (PKR) 4 billion dues by the provincial textbook board amid the province's financial crisis, Dawn reported on Sunday.
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