Debt Crisis

Indian companies are doing better than peers, but business is slowing down

UN Secretary-General Antonio Guterres is asking the G20 finance ministers meeting in Bengaluru to take bold steps to reform the international development banks and find ways to solve the debt crisis

More than a decade after one debt-ceiling standoff led to a sovereign US rating downgrade, financial-market turmoil and a weakened economic recovery

The Prime Minister made these comments in his opening remarks at the concluding session of the virtual "Voice of Global South" summit

The desperate situation has triggered chaos and some clashes among people were also seen in the region in the past few days

Global Risks Report lists cost of living crisis and climate change as biggest global risks

China's property debt crisis is entering a new phase as even developers that had long been considered safer rapidly tumble into distress

The United Nations' Development Programme (UNDP) joined on Tuesday the chorus of institutions and charities warning that a serious debt crisis is now taking hold in the poorest parts of the world.

Gross domestic product probably fell 10% in the three months to June from a year ago, according to a Bloomberg survey of economists as of Wednesday

Sri Lanka is currently in the throes of an unprecedented economic turmoil since its independence from Britain in 1948

The country of 22 million people has requested loans from the IMF as it struggles to pay for imports amid crushing debt and a sharp drop in foreign exchange reserves that has fueled soaring inflation

As interest rates rise, the debt pressures are mounting on developing countries, and we need to move urgently towards solutions, World Bank President David Malpass said

Sri Lanka's bitter debt crisis experience has emerged as one of the major topics of discussion among the global financial leaders

More help needed for the island nation's faltering economy

As the pandemic battered global economies, the Group of 20 leading economies launched measures, including a temporary debt service suspension for poor countries to provide breathing room

Now the China Evergrande Group founder's property empire is teetering on the edge of default - and his pers­onal fortune has landed squarely in the Chinese government's crosshairs

UN Secretary-General Antonio Guterres on Monday called for urgent, bold measures to address an emerging debt crisis caused largely by Covid-19

China's role as lender has complicated relief efforts

A global sovereign debt crisis today would push millions into unemployment and fuel violence around the world

Debt levels in many states are already way above the recommended 20 per cent of GDP mark