Chinese President Xi Jinping in his New Year's Eve speech said these issues remained at ‘forefront’ of his mind & that his govt would ‘deliver a better life’ for the Chinese people.
Debt owed by China’s famed local-government financing vehicles (LGFVs) reached roughly $7.8 trillion in 2022, almost double that of 2017, according to IMF report.
Pakistan and IMF are engaged in tough talks in Doha over the $3 billion loan programme. It's just that IMF can see through Debt-ridden Pakistan's designs.
The Rajapaksa government should have shelved some of the China-funded infrastructure projects, which were high on debt servicing and low on revenue earnings.
Chinese foreign minister Wang Yi is touring Sri Lanka that faces an economic crisis and Maldives badly in Beijing's debt. But there’s enough wiggle space for India.
A modified script may now need to be written on China, which has emerged as world’s second-largest economy, and a challenger to the United States in economic and strategic clout.
Rosneft, the Russian state-owned oil behemoth, has large interests in India. Reliance has a contract to purchase 500,000 barrels of crude per day from the firm.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
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