debt
- World
Sri Lanka present economic woes, debt structuring plans to creditors
Colombo: Sri Lanka will on Friday present its economic woes, debt restructuring plans and a deal that it struck with the International Monetary Fund (IMF) to external creditors in an attempt to…
- Andhra Pradesh
Borrowings make AP’s debt sustainability suspect: CAG
Amaravati: The Andhra Pradesh government’s debt sustainability is suspect as a predominant part of borrowed funds is utilised for interest payments, thereby curtailing the scope for productive expenditure, the Comptroller and Auditor General…
- World
India emerges as Sri Lanka’s top lender in 2022: Verite Research think-tank
Colombo: India has emerged as the top lender to Sri Lanka in 2022, disbursing USD 377 million in loans to the island nation as it grappled with an unprecedented political crisis and…
- Business
India’s external debt rose 8.2% in 2021-22 to $620 billion
New Delhi: India’s external debt rose by 8.2 per cent to stand at $620.7 billion on March 31, 2022, compared to $573.7 billon on March 31, 2021. Out of this, 53.2 per…
- World
US to participate in Sri Lanka’s debt restructuring
Colombo: The US has agreed to cooperate with Sri Lanka’s debt restructuring as prescribed by the IMF in its staff-level agreement for a USD 2.9 billion bailout package to help revive the…
- Business
India’s external debt rose 8.2% in 2021-22 to $620 billion
New Delhi: India’s external debt rose by 8.2 per cent to stand at $620.7 billion on March 31, 2022, compared to $573.7 billon on March 31, 2021. Out of this, 53.2 per…
- Business
Reliance Power to raise long-term debt of up to Rs 1,200 cr
New Delhi : Reliance Power along with its subsidiary entered into a Memorandum of Understanding (MoU) with Varde Partners for availing debt of up to Rs 1,200 crore (around USD 150 million).…
- World
Pakistan owes 30% of its foreign debt to China
Islamabad: Pakistan owes 30 per cent of its foreign debt to China, the latest report from the International Monetary Fund (IMF) said, which includes state-owned commercial banks, local media reported. Bloomberg, citing…
- Andhra Pradesh
AP will not become like Sri Lanka, debt lower than Centre: YSRCP
New Delhi: YSR Congress Party general secretary V Vijay Sai Reddy on Thursday said Andhra Pradesh will not become like Sri Lanka as its debt is much lower than the Centre and…
- India
Wrong to classify borrowings by state-PSUs as debt of state govt: Vijayan
Thiruvananthapuram: It is wrong to classify borrowings by state-run entities like KFIIB as part of the overall debt of the LDF government in order to curtail its borrowing powers, Kerala Chief Minister…
- Business
India’s external debt not a cause to worry: Experts
Chennai: India’s external debt of $620.7 billion need not be a concern as $490 billion is non-government and the share of government is only $130.8 billion, said experts. According to Reserve Bank…
- Hyderabad
Hyderabad: Man dies by suicide over betting debt
Hyderabad: A man addicted to online gambling died by suicide on Friday at Attapur since he was unable to repay loans worth Rs 7 lakh from banks. The deceased was identified as…
- World
China provides USD 2.5 bn loan to Pakistan to boost its forex reserves
Beijing: China has again rushed to bail out Pakistan by providing USD 2.5 billion in assistance to prop up the fast-depleting foreign exchange reserves of its cash-strapped all-weather ally, months after it…
- World
Russia defaults on overseas debt for 1st time in over a century
Moscow: Russia has defaulted on its overseas debt for the first time in more than a century after missing a deadline, reports suggest. Russia has the money to make a $100 million…
- World
Russia on the brink of its first debt default since 1998
Moscow: Russia is on the brink of its first debt default since 1998 as the Sunday deadline to make a $100 million interest payment seems certain to be missed, the media reported.…
