Zambia’s state power utility made an $82 million payment to the Export-Import Bank of China before reaching a debt ...

The government is currently unable to repay at least $6 billion in outstanding payments of purchases. If a country cannot pay the price for its goods, there is no economic difference between this ...

An interview a few days later on Spiegel Online, the largest German-speaking news website, with another journalist who had heard the radio broadcast, focused on Ritschl’s observation that Germany had ...

Noted economist Debapriya Bhattacharya raised concerns about the role of global institutions, indicating the International ...

If you have a big credit card debt and believe that the bank will ... A credit card company has all the right to take the defaulter to court. While most credit card users feel that the only ...

The National Company Law Appellate Tribunal (NCLAT) on Friday rejected Jaiprakash Associates Ltd's petition challenging the insolvency proceedings initiated against the company.

Since the IBC framework came into being in 2016, creditors i.e. banks had a way out. A status update of what happened to ...