Search For "loans"
Pakistani rupee nosedives to all-time low of 212 against US dollar
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 18 (ANI): The Pakistani rupee has dropped to a record low against the US dollar with the exchange rate sliding to PKR 212, local media reported on Monday.
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Laos default would give new momentum to China "debt trap" diplomacy
Updated : 3 years, 8 months ago IST
Vientiane [Laos], July 17 (ANI): Laos, a south-east Asian nation is on the edge of default after building a China-financed high-speed train, giving new momentum to 'debt trap' diplomacy criticism.
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China a mute spectator as Sri Lanka's political upheaval poses long-term i
Updated : 3 years, 8 months ago IST
Beijing [China], July 16 (ANI): As the Sri Lankan political crisis continues to rage, China has not made any comments and this has made it evident that the ouster of the Rajapaksa family from power is set to have long-term implications for the Chinese, media reports said.
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Birla Carbon announces formal adoption of Green Finance Framework to achie
Updated : 3 years, 8 months ago IST
Marietta [United States]/Maharashtra (Mumbai) [India] July 16 (ANI/BusinessWire India): Birla Carbon, one of the leading manufacturers and suppliers of high-quality carbon black solutions, has announced the formal adoption of a Green Finance Framework. The framework outlines the criteria
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SBI hikes lending rates by 10 basis points
Updated : 3 years, 8 months ago IST
New Delhi [India], July 14 (ANI): The country's largest lender State Bank of India has decided to increase its marginal cost of lending rate (MCLR) on loans by 10 basis points or 0.10 per cent effective from July 15, 2022.
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Pakistan's external debt servicing rises to USD 10.886 billion
Updated : 3 years, 8 months ago IST
Karachi [Pakistan], July 13 (ANI): Pakistan's external debt servicing rose to USD 10.886 billion in the first three quarters of 2021-22 compared to USD 13.38bn in the entire FY21.
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Pakistan to borrow PKR 5.5 trillion from international lenders
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 10 (ANI): Pakistan would borrow Pakistani Rupees (PKR) 5.5 trillion from international lenders in the current fiscal year to maintain their foreign exchange reserves, repay the previous loans and finance of current account deficit.
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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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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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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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6 important things to know before taking a personal loan
Updated : 3 years, 8 months ago IST
New Delhi [India], July 7 (ANI/India PR Distribution): Personal Loans are one of the most popular forms of credit in India. This is primarily because a personal loan can be availed for many personal reasons. It could be used for financing medical emergencies, a child's higher education, inte
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