Crisil reaffirms AA, A1+ ratings on Welspun Corp's bank facilities, debt programmes

Sep 05, 2020

Mumbai (Maharashtra) [India], Sep 5 : Welspun Corp said on Saturday that Crisil has reaffirmed its ratings on Rs 5,825 crore bank facilities and...

Crisil reaffirms Thomas Cook ratings on business recovery

Jun 21, 2021

Mumbai (Maharashtra) [India], June 21 : Crisil has reaffirmed its ratings assigned to bank facilities, debt programmes and corporate credit rating of Thomas Cook...

Amidst massive protests over electricity prices, Pakistan seeks reprofiling of its international debt with China

Aug 04, 2024

Debt reprofiling is a strategy used to restructure a country's existing debt obligations. It involves extending the maturity dates of debt, reducing interest rates...

Pakistan's total external debt stocks by 2021 stood at USD 130.43 billion: World Bank

Dec 08, 2022

In its latest report "International Debt Report 2022, Updated International Debt Statistics," the World Bank said that the total external debt stocks were at...

Pakistan International Airlines debt now rests on taxpayers shoulders

Feb 02, 2024

Islamabad: The government and banks have decided on a plan to restructure PIA's debt, totalling Rs268 billion. The Ministry of Finance, which initially didn't...

Amid worsening economic crisis, Pakistan's debt surges by PKR 4,304 billion

Dec 17, 2024

The domestic debt rose by PKR 4,556 billion during the period, while foreign debt decreased by PKR 251 billion, according to ARY News.