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 ...
Sri Lanka wrapped up its foreign currency debt restructuring last week with the announcement of the near full acceptance of the new bonds in exchange of the existing foreign currency bonds in default ...
Noted economist Debapriya Bhattacharya raised concerns about the role of global institutions, indicating the International ...
The appellate tribunal upheld the earlier decision of the National Company Law Tribunal (NCLT), allowing the bid of a ...
The NCLAT upheld the sale of Golden Jubilee Hotels to a Singapore-based entity, rejecting EIH's plea against the NCLT order.
The National Company Law Appellate Tribunal (NCLAT) has set aside hospitality major EIH Ltd's petition against an NCLT order ...
not to speak of financial losses to the federal government and the ensuing circular debt which is devouring our economy”.