World Bank Loan
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Pakistan Eyeing 'Islamic Sukuk' For Debt Funding: What It Means, Why It Matters
By talking about Islamic Sukuk, Pakistan is signalling that it wants to tap into a different pool of investors for debt funding.
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Pakistan Says It Will Repay $3.5 Billion In Matured Loan Deposits To UAE
Last week, authorities scrapped a blanket fuel subsidy and raised diesel and petrol prices for the first time in nearly a month to help government coffers weather a spike in oil costs arising from the war in the Middle East.
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EU To Indefinitely Freeze Russian Assets, Removing Obstacle To Ukraine Loan
The European Union looked set on Friday to indefinitely freeze Russian central bank assets held in Europe, removing a big obstacle to using the cash to help Ukraine defend itself against Moscow's invasion.
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US Warned Others To Avoid Loans From Chinese State Banks But Excluded Itself
For years, Washington has been warning others not to trust loans from Chinese state banks fueling its rise as a superpower. But the US is the biggest recipient of all by far. The security and technology implications have yet to be fully understood.
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"Rs 14,000 Crore World Bank Loan Used In Bihar Polls": Prashant Kishor's Party's Big Claim
Prashant Kishor's Jan Suraaj Party's reaction came a day after it failed to open its account in the Bihar assembly elections.
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Indian-Origin CEO Hits BlackRock With "Breathtaking" $500-Million Fraud
BlackRock's private-credit investing arm and several major lenders are scrambling to recover more than $500 million lost in a loan fraud allegedly orchestrated by Indian-origin telecom executive Bankim Brahmbhatt.
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Xi Jinping Seeks Development Bank For SCO To Counter US-Led System
Chinese President Xi Jinping said China would accelerate the creation of an SCO development bank on Monday at the summit of the Shanghai Cooperation Organization in Tianjin, as he seeks to expand the organization's influence and scope.
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Anil Ambani: From 6th Richest In World To 'Fraud' Tag By State Bank
Anil Ambani, the ex-Director of the now-defunct Reliance Communications Ltd, finds himself in yet more trouble after the State Bank of India said it will report the company's loan account as a 'fraud'.
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China Rolls Over $3.4 Billion Of Commercial Loans To Pakistan: Report
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said.
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In A First, Flipkart Secures Approval For Direct Lending In India: Report
Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer loans directly to customers and sellers on its platform, according to documents reviewed by Reuters and a source.
-
Pakistan Eyeing 'Islamic Sukuk' For Debt Funding: What It Means, Why It Matters
By talking about Islamic Sukuk, Pakistan is signalling that it wants to tap into a different pool of investors for debt funding.
-
Pakistan Says It Will Repay $3.5 Billion In Matured Loan Deposits To UAE
Last week, authorities scrapped a blanket fuel subsidy and raised diesel and petrol prices for the first time in nearly a month to help government coffers weather a spike in oil costs arising from the war in the Middle East.
-
EU To Indefinitely Freeze Russian Assets, Removing Obstacle To Ukraine Loan
The European Union looked set on Friday to indefinitely freeze Russian central bank assets held in Europe, removing a big obstacle to using the cash to help Ukraine defend itself against Moscow's invasion.
-
US Warned Others To Avoid Loans From Chinese State Banks But Excluded Itself
For years, Washington has been warning others not to trust loans from Chinese state banks fueling its rise as a superpower. But the US is the biggest recipient of all by far. The security and technology implications have yet to be fully understood.
-
"Rs 14,000 Crore World Bank Loan Used In Bihar Polls": Prashant Kishor's Party's Big Claim
Prashant Kishor's Jan Suraaj Party's reaction came a day after it failed to open its account in the Bihar assembly elections.
-
Indian-Origin CEO Hits BlackRock With "Breathtaking" $500-Million Fraud
BlackRock's private-credit investing arm and several major lenders are scrambling to recover more than $500 million lost in a loan fraud allegedly orchestrated by Indian-origin telecom executive Bankim Brahmbhatt.
-
Xi Jinping Seeks Development Bank For SCO To Counter US-Led System
Chinese President Xi Jinping said China would accelerate the creation of an SCO development bank on Monday at the summit of the Shanghai Cooperation Organization in Tianjin, as he seeks to expand the organization's influence and scope.
-
Anil Ambani: From 6th Richest In World To 'Fraud' Tag By State Bank
Anil Ambani, the ex-Director of the now-defunct Reliance Communications Ltd, finds himself in yet more trouble after the State Bank of India said it will report the company's loan account as a 'fraud'.
-
China Rolls Over $3.4 Billion Of Commercial Loans To Pakistan: Report
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said.
-
In A First, Flipkart Secures Approval For Direct Lending In India: Report
Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer loans directly to customers and sellers on its platform, according to documents reviewed by Reuters and a source.
