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News / Topic / Debt Crisis / News
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debt crisis news

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Maldives sitting on a debt pile, not bankrupt as of now

Maldives President is playing the China card with India hoping that Emperor Xi will give Male aid to tide over economic crisis
world news
Updated on Feb 19, 2024 06:40 PM IST

China's top-selling to world's most indebted developer: The Evergrande crisis

The Evergrande Group headquarters logo is seen in Shenzhen in southern China's Guangdong province,
real estate
Published on Jan 29, 2024 09:39 AM IST

How to read the fine print of the G20 Delhi Declaration

Prime Minister Narendra Modi, United States President Joe Biden, Saudi Arabian Prime Minister and Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud during the launch of the India-Middle East-Europe corridor as part of the G20 Leaders' Summit in Delhi.
india news
Updated on Sep 10, 2023 04:34 AM IST

Conservative rebellion escalates as House Speaker McCarthy faces ultimatum

U.S. House Speaker Kevin McCarthy (R-CA) speaks to reporters on Capitol Hill in Washington, U.S., June 8, 2023. REUTERS/Amanda Andrade-Rhoades/
world news
Published on Jun 13, 2023 05:30 AM IST

Debate over U.S. debt ceiling revives concerns for Ukraine funding

FILE PHOTO: U.S. House Speaker Kevin McCarthy (R-CA) speaks during a press conference accompanied by House Majority Leader Steve Scalise (R-LA) and U.S. Rep. Elise Stefanik (R-NY) after the House approved the debt ceiling deal he negotiated with the White House to end their standoff and avoid a historic default, at the U.S. Capitol in Washington, U.S. May 31, 2023. REUTERS/Jonathan Ernst/File Photo
world news
Published on Jun 07, 2023 05:28 AM IST

‘Big win,' says Joe Biden as US Senate approves debt deal avoiding default

Biden said in a statement following passage that senators from both parties “demonstrated once more that America is a nation that pays its bills and meets its obligations — and always will be.”
world news
Updated on Jun 02, 2023 09:18 AM IST

U.S. Senate nears passing bill to lift debt ceiling, Averting major default

Senate Minority Whip John Thune, a Republican from South Dakota, speaks to members of the media at the US Capitol in Washington, DC, US, on Thursday, June 1, 2023. Senators are scrambling today to agree on a plan for swift consideration of the debt-limit deal forged by President Biden and the House Speaker ahead of a June 5 deadline to avert a destabilizing default. Photographer: Ting Shen/Bloomberg
world news
Published on Jun 02, 2023 06:41 AM IST

Debt Limit deal explained: How will it impact the US economy, polls, and people

Washington: President Joe Biden speaks in the Roosevelt Room of the White House, Sunday, May 28, 2023, in Washington. Biden and House Speaker Kevin McCarthy reached a final agreement Sunday on a deal to raise the nation's debt ceiling while trying to ensure enough Republican and Democratic votes to pass the measure in the coming week.
world news
Published on May 30, 2023 07:30 AM IST

Joe Biden, Kevin McCarthy confident of debt ceiling deal's approval in Congress

US President Joe Biden meets with US House Speaker Kevin McCarthy (R-CA) (L) about the debt ceiling, in the Oval Office of the White House in Washington, DC,
world news
Updated on May 29, 2023 05:05 AM IST

Student loan payment pause ending: What it means for your wallet

Speaker of the House Kevin McCarthy, R-Calif., talks to reporters at the Capitol in Washington, Sunday, May 28, 2023. Mediators on the debt limit came to an "agreement in principle" last night that would avert a potentially disastrous U.S. default, but still has to pass both houses of Congress.
world news
Published on May 28, 2023 10:28 PM IST

Could the 14th Amendment fix America’s debt-ceiling debacle?

PREMIUM
What if a deal remains elusive for Biden?
world news
Published on May 26, 2023 09:31 PM IST

Biden and McCarthy close to deal on US debt ceiling as deadline looms

Speaker of the House Kevin McCarthy of Calif., exits the West Wing to talk with reporters after meeting with President Joe Biden at the White House, Monday, May 22, 2023, in Washington. (AP Photo/Evan Vucci)
world news
Updated on May 26, 2023 01:50 PM IST

As debt ceiling deadline looms Biden and McCarthy meeting ends in stalemate: All we know so far

WASHINGTON, DC - MAY 22: U.S. House Speaker Kevin McCarthy (R-CA) talks to reporters outside his office at the Capitol following a meeting with President Joe Biden on May 22, 2023 in Washington, DC. McCarthy characterized today's debt limit negotiations as more productive than previous sessions. Chip Somodevilla/Getty Images/AFP (Photo by CHIP SOMODEVILLA / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)
world news
Published on May 23, 2023 09:28 AM IST

Explainer: What US debt limit crisis means for global economy?

A poster at a bus shelter shows the national debt in Washington, DC.
business
Published on May 22, 2023 05:16 PM IST

US default on $31.46 trillion debt may lead to global crisis: Treasury chief

US Treasury Secretary Janet Yellen issued the latest in a series of increasingly stark warnings ahead of a meeting in Japan with her counterparts from the G7 rich nations, as well as India, Indonesia and Brazil.
world news
Updated on May 11, 2023 03:46 PM IST

Debt crisis key priority of India’s G20 presidency, says FM in US

Nirmala Sitharaman, India's finance minister, arrives at a Multilateral Development Bank roundtable during the spring meetings of the International Monetary Fund (IMF) and World Bank Group in Washington, DC, US.
india news
Updated on Apr 13, 2023 05:36 AM IST

Russia-Ukraine conflict cannot be separated from G20, says US head of delegation

G20 head of delegation from the USA Cristina Segal-Knowles (LinkedIn)
india news
Updated on Apr 02, 2023 03:11 AM IST

‘No exaggeration…’: Sri Lanka praises India for aiding in ‘regaining stability’

Union foreign affairs minister meets with his Sri Lankan counterpart Ali Sabry during his two-day visit to the country.
world news
Updated on Jan 20, 2023 11:21 AM IST

Italy struggles for repayment as state-backed debts mountain to $127 Billion

These debts are putting the newly formed government of Giorgia Meloni in a quandary.
business
Published on Nov 28, 2022 11:56 AM IST

In a first, America's national debt crosses $30 trillion

US president Joe Biden 
world news
Published on Feb 03, 2022 05:59 AM IST

China’s growing dollar bond defaults reveal depth of stress

A worker performs welding works on a bridge in Beijing.
business
Updated on Jun 24, 2020 07:08 AM IST

Two former top officials arrested in IL&FS money laundering probe

IL&FS has defaulted on payment of loans to SIDBI and along with its subsidiaries has a combined debt of over ₹91,000 crore. (Mint file photo)
india news
Updated on Jun 19, 2019 10:29 PM IST

Enforcement Directorate carries out raids in Mumbai in multi-crore IL&FS payment default crisis case

1 Ocotber 2018, Mumbai: IL&FS office in Bandra Kurla Complex in Mumbai. Photo by Aniruddha Chowdhury/Mint
business
Updated on May 22, 2019 01:48 PM IST

Pak ‘desperate’ for loans: Imran Khan’s words before leaving for Saudi conference

It is Imran Khan’s second visit to Saudi Arabia in just over a month, but he has not succeeded in securing significant financial assistance to stave off a looming balance of payment crisis.
world news
Updated on Oct 22, 2018 06:47 PM IST

It may look like ‘taper tantrum’ but India’s in better shape: Report

India is lower down on the list of risky economies, behind countries like Argentina and Turkey.
business
Updated on Sep 27, 2018 07:40 PM IST

The US market collapse has remade our world

What’s the big trend in today’s international politics? Out with the old, in with something new. Voters around the world are looking for someone else. Anyone else. Someone they believe can help them regain control of their lives and get them off the path they believe they’re now on.
columns
Updated on Sep 15, 2018 04:50 PM IST

Recovering bad loans would require practicality as well as deterrence

Businessmen such as Nirav Modi, who are facing cases of bank frauds worth thousands of crores, have fled the country and symbolise the weakness of our criminal justice system in bringing them to account.
editorials
Updated on Jul 23, 2018 07:29 PM IST
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