Debt Crisis
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IMF raises serious doubts on cash-strapped Pakistan's capacity to pay back loan amid debt crisis
World | May 11, 2024, 05:58 PM ISTThe IMF observed that Pakistan's debt repayment faces significant risks and remains critically dependent on policy implementation and external financing. Pakistan also faces numerous challenges, like delayed adoption of reforms, high public debt and gross financing needs among others.
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Maldives remains at 'high risk' of external, overall debt distress: IMF
World | Feb 08, 2024, 04:22 PM ISTThe IMF also said that without changing policies, Maldives remains at highly vulnerable to climate change risks with high levels of fiscal deficits and public debts. Muizzu's mentor and former President Abdullah Yameen also borrowed heavily from China that drove the country in a debt crisis.
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Centre seeks NCLT nod to overtake management of crisis-hit IL&FS, hearing underway
Business | Oct 01, 2018, 12:43 PM ISTDebt defaults by certain group entities of diversified IL&FS have triggered fears of liquidity crisis in the financial markets and the RBI has been taking steps to improve the overall cash situation.
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Greece launches its own space agency
Technology | Mar 20, 2018, 06:38 AM ISTGreece launched its first space agency on Monday as an effort to rebuild the ailing economy as it exits a severe eight-year debt crisis.
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Gold price may slide down to Rs.23,500 per 10 grams
Jul 21, 2015, 06:19 PM ISTChennai: Prices of gold may slide down further to around Rs.23,500-Rs.24,000-23,500 per 10 grams considering the current rupee-dollar conversion, said analysts.In the Indian market, gold could fall in the range of Rs.23,500-Rs.24,000 considering the current rupee-dollar
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Greece Debt Crisis: Voters Head to Polls on Referendum
World | Jul 05, 2015, 10:21 PM ISTAthens, Greece: Greeks lined up at polling stations and ATMs alike Sunday as the country voted on its financial future, choosing in a referendum whether to accept creditors' demands for more austerity in return for
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Greece to miss IMF debt payment and bailout to expire
World | Jun 30, 2015, 08:28 PM ISTAthens, Greece: Greece is set to become the first developed nation to not pay its debts to the International Monetary Fund on time, as the country sinks deeper into a financial emergency that has forced
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Asian stock markets sink after Greece closes banks
Jun 29, 2015, 11:56 AM ISTBeijing: Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts.Oil prices declined and the euro edged down against the dollar
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Greece debt crisis: Banks closed, ATM cash withdrawals limited
Jun 29, 2015, 05:09 PM ISTAthens (Greece): Greece's five-year financial crisis took its most dramatic turn yet, with the cabinet deciding after an 8-hour session that Greek banks would remain shut for six business days and restrictions would be imposed
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US shutdown deepens fears of looming debt crisis
World | Oct 04, 2013, 07:38 AM ISTWashington : Democrats and Republicans remained no closer to resolving a budget feud that has shut down much of the government as Washington and international officials raised the alarm Thursday over an even more critical
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Sensex Sheds 224 Points; ICICI Bank Worst Hit
Nov 01, 2011, 05:38 PM ISTMumbai, Nov 1: Falling for the second day in a row, the BSE benchmark Sensex today tumbled by 224 points to close at 17,480.83 on across-the-board selling as investors remained downcast amid weak global cues.Interest
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Sensex Logs Biggest Gain In 2 Months, Nifty Up 3 PC
Oct 28, 2011, 06:01 PM ISTMumbai, Oct 28: Logging in the biggest gain in two months, the BSE Sensex shot up 516 points today to close at 3-month high of 17,804.80 on the back of strong global markets after EU
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EU Debt Crisis, US Slowdown Impacting India : Pranab
Oct 22, 2011, 04:35 PM ISTNew Delhi, Oct 22: Debt crisis in Europe and slowdown in the US are having an adverse impact on India, but the fundamentals of the country's economy remain intact, Finance Minister Pranab Mukherjee said today.Addressing