Tag: India

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Global rice supplies tighten after India’s July export ban

Rice prices in key exporting countries including Thailand and Vietnam have climbed around 20% since India, the world's biggest shipper of the grain, banned...

BRICS invites Saudi Arabia, Egypt and four others to join

Leaders of the BRICS group of developing nations have invited Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates to join, in...

India sees Apple nearly tripling investment, exports in coming years

U.S. tech giant Apple <AAPL.O> could double or triple investments in India, along with exports, over the next few years, a minister said, as...

Debtors, creditors agree steps to jumpstart debt restructurings

Global creditors, debtor nations and international financial institutions on Wednesday agreed ways to jumpstart and streamline long-stalled debt restructuring efforts, including through improved data...

China backs Sri Lanka’s debt restructuring, paving way for $1.2 billion IMF bailout

The International Monetary Fund on Tuesday said Sri Lanka had secured financing assurances from China, India and all its major bilateral creditors, paving the...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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