TOPIC

Debt

News Reports

China’s debt-trap diplomacy? BRI participant countries owe over 385 billion USD to China in hidden debt, study reveals

Jinit Jain -
China has been using "debt-trap diplomacy" to wield outsize influence on borrowing countries and coerce them into coughing up physical and illegal assets.
World

Chinese debt crisis: After Sri Lanka, Venezuela the next target of China’s debt-trap diplomacy?

OpIndia Staff -
After Pakistan and Sri Lanka, Venezuela appears to be the latest in the list of nations staggering under the shadow of China’s crippling debts.
News Reports

Anti-farm law protests cause hundreds of crores of loss to toll collections, debt of thousands of crores at risk of default: ICRA

OpIndia Staff -
ICRA Limited reported that the average toll collection, prior to the protests, was around ₹7 crores each day.
World

Trouble for Pakistan increases as UAE may demand repayment of USD 3 billion loan like Saudi Arabia: Reports

OpIndia Staff -
It must be mentioned that UAE had also announced $3 billion worth of deferred oil payments for Pakistan but soon cancelled it.
News Reports

Chinese debt trap: Former Maldives president Mohamed Nasheed says China’s banks not giving ‘breathing space’ even in the pandemic

OpIndia Staff -
Chinese Banks have asked the Maldives to pay back their debt of $15 million in the next 14 days, says Nasheed.
News Reports

While Imran Khan continues his rants against Emmanuel Macron, Pakistan govt expects debt relief of around $300 million from France

OpIndia Staff -
Pakistani PM Imran Khan and Pakistan citizens have been dissing about France after Emmanuel Macron criticised radical Islam
News Reports

Fact Check: Is “Raam” with the photo of Lord Ram printed on it is the world’s most expensive currency

OpIndia Staff -
As Raam is not a legal tender issued by a sovereign state or a central bank, it is not a regular currency, it is actually a bearer bond
News Reports

Cafe Coffee Day: Investigative report reveals there was no harassment by I-T Dept on founder VG Siddhartha, he owed ₹3,535 crore to the company

OpIndia Staff -
Investigation into Cafe Coffee Day reveals that founder VG Siddhartha failed to create a profitable business model due to high cost of funds
News Reports

Bajaj sugar mills owe crores of rupees to sugarcane farmers. Is this why Rahul Bajaj ‘afraid’?

OpIndia Staff -
Rahul Bajaj, in a recent media event, expressed his 'fears' to HM Amit Shah that people are afraid to criticise the government.
News Reports

Zee MD Punit Goenka assures investors that the company aims to repay their outstanding debt in 3 months

OpIndia Staff -
Zee MD plans to repay all if its Rs 5000 crores loan in domestic market in the next 90 days
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