debt

Online gaming addiction leads to alleged murder in Fatehpur, India

A son's online gaming addiction allegedly led to the murder of his mother in India, highlighting the dangers of online gambling and the importance of family support.

Optimizing your investments: A comprehensive guide to managing matured funds

Sri Lanka cabinet approves domestic debt restructuring plan to reduce economic crisis

Bailout package from the IMF aims to provide government budgetary support in stages

India’s external debt increased 8.2% to $620.7 billion till March 2022

As of the end of March 2022, the ratio of foreign currency reserves to external debt was 97.8 percent, down from 100.6 percent a year earlier.

Pakistan borrowed $15.5bn in first 10 months of FY22, external debt stands at over $51bn

Pakistan borrowed more than $15.5bn in foreign loans in the first 10 months of the current fiscal year, which is around 70 per cent more than borrowing from foreign sources in the same period last year, Dawn reported on Tuesday.

Pakistan’s total debt and liabilities surges above 50 trillion PKR: Report

The State Bank of Pakistan published the debt numbers till September 2021, a day after Prime Minister Imran Khan expressed the growing debt as a "national security issue", Express Tribune reported.

Edtech startup Byju’s raises $1.2 billion through TLB funding

The borrowing comes as India’s most valued startup is looking to refinance itself after spending over $2.2 billion on an acquisition spree this year.

Evergrande makes $47.5 million of interest payment on international bond: Report

The property developer had evaded a default last week by a hair’s breadth by securing $83.5 million for interest payment on a bond. It was then required to make coupon payments worth $47.5 million to bondholders by Friday. 

Malaysia based airlines, AirAsia X suggests paying 0.5% of $8 billion of the total debt owed

AirAsia X Bhd. told creditors it could not meet instant debt and other financial responsibilities based on its fiscal situation and industry outlook.

Government plans to raise over ₹30,000 crores via bond sale to solve Air India’s debt issues: Report

Tata Sons acquired the deal to purchase a debt-laden airline with a winning bid of Rs 18,000 crore, of which the debt took over by Tata will be Rs 15,300 crore while Rs 46,262 crore will continue with AIAHL.

Rakesh Jhunjhunwala to pick significant strategic stake in Syska LED

The billionaire is said to have signed a contract to take up the shares. This news engagement comes out right after the company initiated collaboration with Crompton Greaves Consumer Electrical.

Bank of Baroda reports profit of Rs 1,209 crore in Q1

For the quarter, the total provisions and contingencies eased to Rs 4,111.99 crore from Rs 5,628 crore a year ago.

Ultra Tech Cement records 120% jump in consolidated net profit, stands at Rs 1584 crore

BharatPe to raise $850 million via equity funding and debt

3 Chinese Banks will pursue all legal routes to recover $717.75 Million from Former Millionaire Anil Ambani now Bankrupt

Anil Ambani owes $717 million to three Chinese banks. These banks are the Industrial and Commercial Bank of China, Export-Import Bank of China, and China Development Bank.