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In the ever-evolving realm of transportation, acquiring the right assets stands as a crucial factor for business success and expansion.

Advancements in financial technology (fintech) and digital platforms have led to the emergence of online factoring platforms, enabling easier and faster...

Fitch Ratings has upgraded Sri Lanka’s Long-Term Local-Currency Issuer Default Rating (IDR) to ‘CCC-‘ from ‘RD’ (Restricted Default). Fitch typically does not assign Outlooks to sovereigns with a rating of ‘CCC+’ or below. The Long-Term Foreign-Currency IDR has been affirmed at ‘RD’ and the Country Ceiling at ‘B-‘. The Short-Term Local-Currency IDR has been downgraded...

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Washington-based lender says it has taken note of recent (political) developments, and hopes peaceful way forward is found

ISLAMABAD: The Water and Power Development Authority (Wapda) has proposed an appraisal session with Prime Minister...

Pakistan requires significant additional financing for the completion of the IMF bailout. Delays in obtaining commitments and a challenging economic situation persist.

This was the evidence he gave to the treasury commitee about the disastrous mini budget in september. the financing needs of the uk are certainly a big function of what we are seeing. then you throw along the september 23rd event, youve got a sidelined fiscal watchdog, youve got lack of a medium—term fiscal plan, one of the largest unfunded tax cuts that weve seen, a package of measures that weve seen since the early 1970s, and the straw that broke the camels back, if you will. its clearly goi...

The RBI’s plan to tighten scrutiny of large NBFCs is critical for financial stability The RBI has proposed a significant shift in its regulatory approach towards India’s non-banking financial companies (NBFCs), from a general approach of light touch regulation to one that monitors larger players almost as closely as it does banks. If implemented, this could be the biggest overhaul of the regulatory framework for such finance companies (or shadow banks) in over two decades. After multitudes...