sovereign

Sri Lanka's Colombo has reached a debt restructuring deal with international sovereign bondholders after protracted negotiations, state finance minister Shehan Semasingher said on Thursday, calling it a "crucial step" in the troubled country's efforts. liquidity to restore debt sustainability...

New Delhi: An upgrade of India's sovereign rating is possible in the next 24 months if the central government is able to prudently manage its finances and reduce the fiscal deficit to 4 percent of GDP, an S&P Global official said on Wednesday. Ratings.S&P Global Ratings head of sovereign...

Colombo, Sri Lanka President Ranil Wickremesinghe on Tuesday responded to opposition criticism of the cash-strapped country's external debt restructuring deal with major bilateral creditors and promised to submit all agreements and documents related to the debt restructuring to a parliamentary...

New Delhi, Amid the evolving security environment in Lebanon, the Ministry of External Affairs on Friday said the Indian Embassy in Beirut is in "constant contact" with Indian nationals there, adding that they have been issued a warning as a matter of "an abundance of caution."MEA official...

Colombo, Sri Lanka President Ranil Wickremesinghe announced on Wednesday that debt restructuring agreements with bilateral lenders, including India and China, have been finalized in Paris, describing the development as an "important milestone" that will bolster international confidence in the...

COLOMBO: Cash-strapped Sri Lanka has approved a debt restructuring deal with its creditors while talks with international sovereign bondholders will continue further, Cabinet spokesman and minister Bandula Gunawardena said on Tuesday.Gunawardena also said that top treasury officials along with...

New Delhi [India], Moody's Investors Service has highlighted that escalating water stress poses a significant risk to the country's sovereign credit strength.The agency's latest report highlights how India's heavy dependence on monsoon rains, coupled with rapid economic growth and exacerbated...

Naver said its AI Safety Framework (ASF) defines potential AI-related risks as serious disempowerment of the human species and misuse of the technology.Under the framework, Naver will regularly assess the threat of its AI systems, with the assessment updated every three months for AI...

New Delhi: Singapore's sovereign wealth fund GIC on Thursday sold shares worth Rs 5,884 crore of IRB Infrastructure Trust through an open market transaction.GIC sold shares of IRB Infrastructure Trust on the National Stock Exchange (NSE) through its subsidiaries Anahera Investments Pte...

MOSCOW [RUSSIA], India on Monday participated in the BRICS Foreign Ministers' Meeting that began in Nizhny Novgorod, Russia, marking India's first foreign policy assignment under Prime Minister Narendra Modi's historic third consecutive term.Dammu Ravi, Secretary (Economic Relations) in the...

MUMBAI: Strong growth and low fiscal deficit could lead to a sovereign rating upgrade for India, a German brokerage said on Monday.Deutsche Bank analysts said the government's commitment to reduce the fiscal deficit to 5.1 percent in FY2015 and 4.5 percent in FY206 "now looks more credible"...

Singapore, Australia's Deputy Prime Minister Richard Marles described the actions by Chinese vessels in the West Philippine Sea as a "serious escalation of tensions" and stressed that the move was a joint effort. is inconsistent with the Nation Convention. The Law of the Sea (UNCLOS) and the...

New Delhi: S&P Global Ratings on Friday said it will keep an eye on fiscal data for the next 1-2 years besides the pro-growth policies of the new government before deciding on India's sovereign rating upgrade.S&P, which earlier this week upgraded India's outlook to positive while maintaining...

Mumbai: Sovereign gold bonds have attracted investors who bought bonds worth Rs 27,031 crore last fiscal, more than four times the amount invested in 2022-23 on the prospects of higher returns and tax benefits.The bonds purchased by investors during 2023-24 comprised 44.34 tonnes of gold. In...

Sai Malik Agar, vice-chairman of Sudan's Transitional Sovereign Council, said, "US Secretary of State Anthony Blinken's invitation to Abdel Fatah al-Burhan, Chairman of Sudan's Transitional Sovereign Council, to visit the Jeddah Dialogue Forum is contempt for Sudan." It is a symbol and cannot be...

New Delhi, Asian Development Bank (ADB) has committed to provide sovereign loan of US $ 2.6 billion (about Rs 21,500 crore) to India for various projects in 2023.The fund aims to strengthen urban growth, support industrial corridor development, promote power sector reforms, build India's...

New Delhi: Saluting the economic management of the Modi government, S&P Global Ratings has upgraded India's sovereign rating outlook to stable due to strong growth after a gap of 14 years, improvement in the quality of public spending over the last 5 years and expectations of broad...

New Delhi, S&P Global Ratings on Wednesday raised India's sovereign rating outlook to positive from stable, while maintaining the rating at 'BBB-' on strong growth and better quality of government spending.S&P said it could upgrade India's sovereign rating over the next 2 years if the country...

BEIJING/TAIPEI, China on Monday condemned Taiwan's new President Lai Ching-ti for his claim that the self-ruled island is sovereign and vowed to maintain the status quo, saying he "independence of Taiwan" The demand has sent an “alarming signal”. ,Lai, 64, also known as William Lai, who...

AWS European Sovereign Cloud intends to have its first AWS region in Brandenburg, Germany open to all customers by the end of 2025."This investment reinforces our commitment to providing customers the most advanced set of sovereignty controls, privacy safeguards, and security features...