Search Results for: debts

Maldivian joint opposition presidential candidate Ibrahim Mohamed Solih

Maldives President-elect Ibu Solih may cancel Chinese projects

According to the Center for Global Development, a Washington DC-based think-tank tracking BRI, the Maldives is one of the most at-risk countries where BRI projects are being implemented because of debt.

Oct 19, 2018

Nikki Haley's resignation White House's 'best-kept secret:' Souring equation with Trump to blame?

While Haley will be in her post until the end of the year, many have questioned why she and the White House chose to announce her resignation just weeks before the midterm elections. This is particularly strange as Haley is known to be quite popular with both Republicans and the Democrats, which doesn't happen often.

Oct 10, 2018

Rahul Gandhi on 'Modi's India': Let's write off Rs 3.16 lakh crore using common man's money

The Congress president also hit out at the BJP-led NDA government over a media report which, citing Reserve Bank of India (RBI) data, stated that public sector banks had written-off over seven times the recovery amount in the last four years.

Oct 1, 2018

Pakistan to reconsider 'Silk Road' projects fearing Chinese debt trap

The voice of dissent against the Chinese projects has become stronger under the new government of Prime Minister Imran Khan, who himself has questioned the rising debt levels in the country.

Sep 30, 2018

Three men from India jump the fence from Mexico and give themselves up to U.S. border patrol agents in Calexico, California,

Indians arrested for illegally entering United States nearly triples

The number of Indians arrested for illegally entering the United States has nearly tripled so far in 2018, making them one of the largest groups of illegal aliens apprehended, U.S. Customs and Border Protection (CBP) said on Friday.

Sep 29, 2018

Facing cash-crunch, Pakistan government auctions eight buffaloes kept by ex-PM Sharif

Pakistan is staring at acute financial crisis with its currency falling by over 20% in the last seven months owing to balance of payment crisis. The last fiscal year ended with current account deficit of $18 billion, which is 5.7% of the GDP. The budget deficit has crossed Rs 2 lakh crore.

Sep 28, 2018

Need to trust banking system to drive India's economy, says finance minister Arun Jaitley

He noted that the perception regarding the health of PSBs had become more positive as banks had posted positive results in terms of resolution, recovery, provisioning and credit growth.

Sep 25, 2018

Maldivian joint opposition presidential candidate Mohamed Solih speaks to the media

Maldives throws out pro-China president: Opposition's election win a blow to Beijing's debt trap policy?

Incumbent Abdulla Yameen, who had cultivated ties with both Beijing and Saudi Arabia, conceded defeat after the Election Commission said opposition leader Ibrahim Mohamed Solih had won Sunday's election by a margin of 16.7 percent.

Sep 25, 2018

Revival of 45 bankrupt companies will recover more than Rs 50,000 crore: IBBI chairperson

About 1,100 companies have been admitted to the Corporate Insolvency Resolution Process (CIRP) since the implementation of the Insolvency and Bankruptcy Code (IBC) in 2016.

Sep 24, 2018

Indian Oil Corporation Petrol prices petrol price hike IOC

BJD holds protests against fuel price hike in Odisha

Petroleum Minister Dharmendra Pradhan said the BJD was suffering from mental bankruptcy as Odisha was now getting a revenue of over Rs 7,000 crore as against Rs 3,000 crore in 2014.

Sep 7, 2018

Digital currency is more cost effective than physical currency: Andhra CM

He also shared the update of capital city Amaravati's development and also blamed the central government for not giving funds and creating hurdles.

Sep 6, 2018

Farmers hold anti-govt protest in Delhi; demand increase in pension, waiving of debts

The capital city was a sea of red as the farmers marched from Jantar Mantar to Parliament Street.

Sep 5, 2018

China's Belt and Road project slows down as countries voice concerns over debts

A study by Center for Global Development, a US think-tank, found that eight countries − Pakistan, Djibouti, Maldives, Mongolia, Laos, Montenegro, Tajikistan and Kyrgyzstan – receiving Silk Road funds would find it hard to return them.

Sep 3, 2018

Nick Jonas' father faces financial turmoil; construction company files for bankruptcy

Priyanka Chopra's future father-in-law Paul Jonas is facing a financial crisis after his company filed for bankruptcy with a debt of over $1 million.

Sep 2, 2018

99.3% demonetised notes returned to banks: RBI

RBI spent Rs 7,965 crore in 2016-17 on printing new Rs 500 and Rs 2,000 and other denomination notes.

Aug 29, 2018

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