Kotak Mahindra CEO Uday Kotak Warns of Economic Strain for India Amid Covid-19

Kotak Mahindra CEO Uday Kotak Warns of Economic Strain for India Amid Covid-19

Billionaire banker Uday Kotak has cited a bumpy ride ahead for the Indian economy amid the rising cases of Covid-19. India is currently grappling with the surging third wave of the COVID-19 pandemic driven by the new Omicron variant. New restrictions on mobility have been imposed across the country as cases rise which in turn […]

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Sri Lanka Seeks Chinese Debt Reschedule for Crashing Economy

Sri Lanka Seeks Chinese Debt Reschedule for Crashing Economy

Cash-strapped Sri Lanka sought to reschedule its huge Chinese debt burden in Sunday talks with visiting foreign minister Wang Yi, the president’s office said. The island’s tourism-dependent economy has been hammered by the pandemic and its depleted foreign exchange reserves have led to food rationing at supermarkets and shortages of essential goods. Key ally China […]

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