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 ...

While upholding an earlier order, the appellate tribunal NCLAT observed mere pending of loan restructuring arrangement with ...

A credit score reflects repayment ability and credit history, affecting loan approvals and terms. Ranges from poor to ...

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

This means that you are not capable of repaying the debt on time and are a regular defaulter. The approval in such cases is highly unlikely. It is therefore important to have a basic understanding ...

The Matjhabeng Municipality is by far the biggest defaulter owing Vaal Central a ... said even if all other municipalities pay their debt the Magalies Water board will collapse if Thabazimbi ...

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 ...