Strengthening of debt recovery Tribunal and establishment of Addl Tribunal to speed up debt recovery: Centre

Jul 23, 2024

The Finance Minister proposed that an Integrated Technology Platform be set up to improve outcomes under the Insolvency and Bankruptcy Code (IBC), thereby ensuring...

Zambia's debt: Future of Chinese loan

Mar 30, 2021

Lusaka [Zambia], March 30 : Zambia became the first coronavirus-era debt default African nation that has borrowed heavy loans from China in recent years...

Inflation impact on sovereigns depends on real interest rates: Fitch

Jun 17, 2021

Hong Kong, June 17 : Global inflation trends and associated risks around interest rates and exchange rates may have direct sovereign credit implications, Fitch...

Sri Lanka must avoid China's debt restructuring as Beijing is to seek preferential treatment

Aug 16, 2022

Colombo [Sri Lanka], August 16 : China will seek preferential treatment on debt restructuring in Sri Lanka which will mostly cater to Beijing's own...

Pakistan's public debt surges to Rs 40.3 trillion by end of October

Dec 07, 2021

Karachi [Pakistan], December 7 : Pakistan's public debt increased by 4 per cent at the end of October 2021, the central bank data showed...

Jewellery shop owner attacked by security guard in Delhi, arrested: Police

Mar 09, 2023

During the preliminary investigation, tt was revealed that the accused was in debt," officials said.