The IMF observed that Pakistan's debt repayment faces significant risks and remains critically dependent on policy implementation and external financing. Pakistan also faces numerous challenges, like delayed adoption of reforms, high public debt and gross financing needs among others.
Reliance Group's Chairman Anil Ambani on Tuesday announced plan to reduce the company's debt by Rs 25,000 crore to Rs 6,000 crore.
Mumbai, Feb 17: Lenders of cash-strapped Air India today approved its corporate debt restructuring plan worth Rs 18,000 crore and decided to provide a fresh cash credit of Rs 2,200 crore.Of the Rs 18,000 crore
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