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Analysis: Chad unrest casts pall over debt deal and global relief push

6 Min Read JOHANNESBURG (Reuters) - Political turmoil in Chad has cast doubt over the Central African oil producer’s efforts to agree relief on its nearly $3 billion debt burden, widely seen as a test case for a global plan to help the world’s most indebted countries. Members of the security forces patrol Chad s capital N Djamena following the battlefield death of President Idriss Deby in N Djamena, Chad April 26, 2021. REUTERS/Zohra Bensemra/File Photo Six months ago, the Group of 20 (G20) major economies launched a common framework designed to help governments to overhaul the debt they owe to official and commercial creditors after the COVID-19 crisis sent the burdens of many developing countries spiralling.

Home First Finance soars after strong Q4 performance

Home First Finance Company India jumped 6.16% to Rs 518.85 after the company s net profit surged 150.8% to Rs 31 crore in Q4 FY21 from Rs 12 crore in Q4 FY20. Total income during the quarter increased by 28.1% year-on-year (YoY) to Rs 136 crore. Disbursement in Q4 FY21 were at Rs 452 crore, up by 30.4% from Rs 347 crore in Q4 FY20. Collection efficiency has improved further to 98.5% in March 2021 from 97.6% in December 2020. Bounce rates have improved to 17.3% in Q4 FY21 from 20.1% in Q3 FY21. Asset under management (AUM) registered a growth of 14.4% to Rs 4,141 crore in Q4 FY21 over Q4 FY20. The housing financier reported 25.9% increase in net profit to Rs 100 crore on 16.6% rise in total income to Rs 489 crore in the year ended 31 March 2021 over the year ended 31 March 2020.

Suncor swings to $821-million profit on higher production and stronger prices

Suncor swings to $821-million profit on higher production and stronger prices
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

ASB to pay $8 1m to customers for responsible lending failures after ComCom investigation and settlement

BNR s forex reserves advance 7 26pct in April 2021, to 38 304bn euros

Sursa foto: Agerpres As of April 30 2021, the National Bank of Romania s foreign exchange reserves were standing at 38,304 million euros, as against 35,709 million euros on March 31, 2021, BNR, the central bank, announced on Tuesday. During the month, 4,173 million euros worth of inflows were recorded representing changes in credit institutions foreign currency-denominated required reserves, inflows into the Ministry of Finance s accounts (including the amounts resulting from the Ministry of Finance s Eurobond issues of a total nominal value of 3,500 million euros), inflows into the European Commission s account and other, agerpres.ro confirms. Also, 1,578 million euros worth of outflows were recorded representing changes in credit institutions foreign currency-denominated required reserves, interest payments and principal repayments on foreign currency public debt and other.

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