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Tuesday, February 10, 2026
TopicLocal government financing vehicles

Topic: local government financing vehicles

Why China’s local government debt nearly doubled in 5 yrs, and why problem may get worse

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.

On Camera

RBI is buying time by not cutting the repo rate. Past policy needs a breather to work

Domestic conditions alone do not explain RBI’s decision on 6 February. The global environment has become increasingly important.

Work from beach: Sri Lanka woos remote workers with digital nomad visa, extends tourist visa validity

Signalling a shift in how it is positioning itself within the global tourism and remote-work economy, Sri Lanka joins list of countries, led by Estonia, that set up digital nomad visa programmes post COVID-19.

Australian amphibian aircraft firm eyes Indian civil & military market, ties up with Apogee Aerospace

Aligning with India's push to promote inter-coastal air connectivity, Apogee has ordered 15 seaplanes in a deal valued at Rs 3,500 crore.

Dear Narendrabhai, Bangladesh polls give India space to hit reset button

By next weekend, Bangladesh will have an elected government. This is India’s moment to reboot broken ties by moderating the ‘ghuspethiya’ rhetoric in poll-bound West Bengal and Assam.