Pakistan has secured fresh financial support from Saudi Arabia in the form of a new $3 billion deposit, giving Islamabad temporary relief as it faces mounting external repayment pressure and a looming UAE debt obligation. The announcement comes at a sensitive time for Pakistan’s economy, which
Pakistan Prime Minister Shehbaz Sharif has said he feels ashamed when he and the country’s military leadership travel abroad seeking financial assistance to stabilise the economy, underlining the depth of Pakistan’s ongoing debt crisis. Debt Crisis Forces External Dependence Speaking at a public event, Sharif said Pakistan’s repeated reliance on foreign loans has hurt
“While we are going broke, we are going broke slowly.” That wasn’t a late-night comedian taking a jab at Washington. It was David Kelly, Chief Global Strategist at J.P. Morgan Asset Management, warning in sober financial language what most Americans already feel in their wallets: the United States is drowning in debt, and the government […]
West Bengal has just pulled off a masterstroke in political economics: it revoked every industrial incentive given since 1993 with one sweeping law, and then doubled down on doling out welfare schemes worth more than its own revenue. The message is loud and clear — capitalists can take the exit door while welfare politics gets […]
Vodafone Idea Telecom Infrastructure Ltd, a subsidiary of Vodafone Idea, is preparing to raise up to ₹5,000 crore in short-term debt through bonds in September. The company plans to issue ₹3,000 crore in two-year bonds and ₹2,000 crore in three-year bonds. Coupon Rates and Investor Base The two-year bonds are expected to carry a coupon […]















