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Latest Articles in debt

Top UN Official In Sri Lanka Calls For Inclusive Consultations To Resolve Economic Crisis

The top UN official in Sri Lanka has called on all stakeholders in the country to engage in broad and inclusive consultations to resolve the current economic crisis and the grievances of the people, according to a senior official representing the UN chief

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Is Bangladesh Heading Towards China’s Debt Trap?

Four Chinese companies expressed their desire to build the Metro Rail Network along with the Smart City in Chittagong recently

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Crisis-Hit Sri Lanka To Present Debt Restructure Plan To IMF By August

The country of 22 million people is unable to pay for essential import of food items, fertiliser, medicines and fuel because of a severe dollar crunch

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Delhi Govt's Debt Increased By 7% In Four Years Upto FY20: CAG Report

The debt increased by Rs 2,268.93 crore (6.98 per cent) from Rs 32,497.91 crore at the beginning of 2015-16 to Rs 34,766.84 crore at the end of 2019-20, said the report

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Previous Govts Have Pushed Punjab Into 3 Lakh Cr Debt: CM Mann

The ministers of the AAP government in Punjab have even alleged that the Congress and Badal governments have made Punjab a debtor of Rs 3 lakh crore in the last 50 years

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Cash-strapped Pakistan Says China Agreed To Rollover $4.2 Bn Debt

Pakistan has said that China agreed to rollover $4.2 billion debt that was maturing this week, providing a major financial relief to the cash-strapped country

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States Pays Through The Nose For Debt As Cost Soars Past 7.16% This Fiscal

The hardening of the rates at the first auction of the quarter comes in the wake of the expected large supply of debt from the states, as indicated for Q4 at Rs 3.2 lakh crore, up by Rs 10,000 crore.

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Household Debt May Have Declined To 34% In Q1 FY22: SBI Report

The average amount of debt increased by 84 per cent and 42 per cent, respectively, for rural and urban households for the six-year period ended 2018

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China's debt-trap diplomacy: Pak to seek debt relief for power projects

China's debt-trap diplomacy: Pak to seek debt relief for power projects

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China again bails out debt-ridden Pakistan to repay Saudi loan

China again bails out debt-ridden Pakistan to repay Saudi loan

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WayCool Foods Raises USD 7.8 Mn Through Structured Debt Financing

WayCool Foods Raises USD 7.8 Mn Through Structured Debt Financing

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Foreign Investors Withdraw $471.7 Million From Pakistan's Debt Market

Increase in rates will result in losses and maturing investment is not being rolled over as foreign investment in the local bond market started late last year

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US federal debt to equal GDP by 2020-end: Congressional Budget Office

US federal debt to equal GDP by 2020-end: Congressional Budget Office

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Indian Farmers Driven To Debt As Banks Turn Risk-averse During Pandemic

Amid India's worst economic slowdown in decades due to the novel coronavirus pandemic, millions of farmers like Siddhanth are being shunned by banks as lenders turn cautious due to rising bad loans.

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India May Need To Pump $20 Billion Into Coronavirus-hit State Banks

The government initially considered a budget of around 250 billion rupees for bank recapitalisations but that has risen significantly

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