Friday, November 22, 2024

TOPIC

Debt

News Reports

Bengaluru: 24-year-old reel-addict tenant strangles landlady to death to clear Rs 8 lakh debt, loots her gold chain

OpIndia Staff -
Monika stealthily approached Divya in the kitchen and strangled her to death before snatching her 36-gram gold chain.
News Reports

Maldives: President Mohamed Muizzu, who earlier led ‘India Out’ campaign, now pleads Modi govt for debt relief

ANI -
President Muizzu stated that India will continue to remain the Maldives' "closest ally" and emphasized that there was no question about it.
News Reports

‘Skyrocketing public debt’: Maldives at ‘high risk’ of external and overall debt distress, says IMF

OpIndia Staff -
"Without significant policy changes, the overall fiscal deficits and public debt are projected to stay elevated, and the Maldives remains at high risk of external and overall debt distress", the IMF stated in its report.
Economy and Finance

Punjab CM Bhagwant Mann engrosses himself in hosting Arvind Kejriwal and leasing a new aircraft as the state’s debt crisis worsens

अर्पित त्रिपाठी -
Punjab is in the midst of a dire economic crisis, with its debt to GSDP ratio is highest among states, and has breached the 50 per cent mark.
World

US think tank: Pakistan needs to pay $77.5 billion in external debt; risk of default ‘real’

OpIndia Staff -
Pakistan needs to repay a massive USD 77.5 billion in external debt from April 2023 to June 2026.
News Reports

Gautam Adani plans to sell stake in Ambuja cement for $450 mn to reduce debt: Report

OpIndia Staff -
Gautam Adani plans to divest shares of Ambuja Cement to raise roughly $450 mn and reduce debts on the group.
News Reports

Sri Lanka postpones school exams as the country ran out of paper and has no foreign exchange to import

OpIndia Staff -
Sri Lanka postpones school exams in western province as they don't have papers to print the question papers
News Reports

China’s debt-trap diplomacy? BRI participant countries owe over 385 billion USD to China in hidden debt, study reveals

Jinit Jain -
China has been using "debt-trap diplomacy" to wield outsize influence on borrowing countries and coerce them into coughing up physical and illegal assets.
World

Chinese debt crisis: After Sri Lanka, Venezuela the next target of China’s debt-trap diplomacy?

OpIndia Staff -
After Pakistan and Sri Lanka, Venezuela appears to be the latest in the list of nations staggering under the shadow of China’s crippling debts.
News Reports

Anti-farm law protests cause hundreds of crores of loss to toll collections, debt of thousands of crores at risk of default: ICRA

OpIndia Staff -
ICRA Limited reported that the average toll collection, prior to the protests, was around ₹7 crores each day.
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