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Latest from debt restructuring

World Bank approves $1 billion in financing for Ethiopia

ETHIOPIA-DEBT/WORLDBANK (UPDATE 1):UPDATE 1-World Bank approves $1 billion in financing for Ethiopia

World Bank approves $1 billion in financing for Ethiopia
Published on Jul 31, 2024 12:27 AM IST
Reuters |

Ukraine says struck preliminary deal to restructure $20 bn debt

Ukraine says struck preliminary deal to restructure $20 bn debt

Ukraine says struck preliminary deal to restructure $20 bn debt
Published on Jul 23, 2024 12:02 AM IST
AFP |

Ukraine reaches preliminary deal with bondholder group on $20 bln debt rework

UKRAINE-CRISIS/DEBT (UPDATE 2):UPDATE 2-Ukraine reaches preliminary deal with bondholder group on $20 bln debt rework

Ukraine reaches preliminary deal with bondholder group on $20 bln debt rework
Updated on Jul 22, 2024 01:37 PM IST
Reuters |

Sri Lanka inks pacts with OCC, China to restructure debt

After the International Monetary Fund’s (IMF) approval of an extended fund facility for Sri Lanka in March 2023, the OCC was launched the following month to hold talks among the country’s bilateral creditors to finalise a plan for restructuring debt

The Official Creditors Committee is co-chaired by India (Representative Photo)
Published on Jun 27, 2024 05:52 PM IST

Sri Lanka finalises debt restructure agreement with official creditor committee

Sri Lanka reached a final restructuring agreement for $5.8 billion with its bilateral lenders’ official creditor committee headed by India, Japan, and France.

A woman walks past posters pasted on a roadside wall saying 'good news' in Sinhala language, in Colombo on June 25, 2024, as President Ranil Wickremesinghe is expected to announce a debt restructure deal with bilateral lenders after a sovereign default in April 2022. (Ishara S.Kodikara / AFP)
Published on Jun 26, 2024 09:07 PM IST
PTI |

Sri Lanka fails to strike deal with sovereign bondholders for USD 12 billion debt restructuring

Sri Lanka fails to strike deal with sovereign bondholders for USD 12 billion debt restructuring

HT Image
Published on Apr 16, 2024 06:40 PM IST
PTI |

China to develop strategic seaport, airport in Sri Lanka: PM Gunawardena

Gunawardena said Beijing had offered "assistance to develop" Colombo International Airport and Hambantota port, the statement added

Sri Lanka's Prime Minister Dinesh Gunawardena (L) and China's Premier Li Qiang shake hands before their meeting in Beijing. (AFP)
Published on Mar 27, 2024 03:33 PM IST
AFP |

BTS' Jungkook debuts shaved head in ‘last’ live session with RM, V and Jimin

BTS' Jungkook admits he has already shaved his head ahead of their military enlistment

BTS members Jungkook, V, RM, and Jimin enjoy pizza together during their final live session together before military service(Instagram)
Published on Dec 05, 2023 09:29 PM IST
ByArya Vaishnavi

Navigating global debt challenges: India and the IMF take action

This article is authored by Pramod Kathuria, founder and CEO, Easiloan.

Indian GDP (Shutterstock)
Published on Oct 11, 2023 10:28 AM IST
ByHindustan Times

Vedanta hits over 1-year low after Moody's downgrades parent

The stock is on track to decline for the sixth consecutive session - its longest losing streak since late February - if the trend holds through the day.

A man walks past the logo of Vedanta outside its headquarters in Mumbai, India, January 31, 2018.(REUTERS)
Published on Sep 27, 2023 10:26 AM IST
Reuters | | Posted by Yagya Sharma

Morning brief: G20 states grapple with divergences, Rahul Gandhi's Europe tour

A shortlist of the biggest headlines, recommended stories, and a special collection of news items you should check out.

India is set to showcase its fintech prowess at the G20 Summit in New Delhi on September 9-10. (HT Photo)
Updated on Sep 06, 2023 09:00 AM IST

Negotiators from G20 states look to narrow divergences on key issues

G20 negotiators aim to narrow divergences on issues such as digital infrastructure, fossil fuels, debt restructuring, and cryptocurrency regulation.

Nogotiators from G20 states are focussed on narrowing divergences on a range of issues. (HT Photo)
Updated on Sep 06, 2023 07:40 AM IST

IMF chief warns of a gloomy growth scenario

She added that while India and China will drive half of global growth in 2023, 90% of the advanced economies will see a dip in growth this year

International Monetary Fund (IMF) Managing Director Kristalina Georgieva poses for a portrait during an interview at Meridian House in Washington, DC, on April 6, 2023. (Photo by Brendan Smialowski / AFP) (AFP)
Updated on Apr 07, 2023 12:06 AM IST
By, Washington

Italy struggles for repayment as state-backed debts mountain to $127 Billion

The International Monetary Fund forecasts that the Italian economy will contract 0.2% in 2023. Italian companies had a record €123.2 billion ($127 billion) of Covid-era state-backed credit lines outstanding as of June 30, up from €118 billion in the previous quarter.

These debts are putting the newly formed government of Giorgia Meloni in a quandary.(AP)
Published on Nov 28, 2022 11:56 AM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar
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