IMF deputy 'impressed' by Ukraine's move toward reform

The International Monetary Fund's number two has said he was "impressed" by war-torn Ukraine's plans for economic changes aimed staving off bankruptcy and a foreign debt default.

Important to have FII debt limits: Raghuram Rajan

Cautioning about reliance on foreign flows, Reserve Bank Governor Raghuram Rajan on Tuesday advocated for continuing with caps on overseas investments in debt.

Gulf States unable to build adequate security despite large spending powers

The Gulf states have reportedly witnessed increase in public and foreign debt that amount to 40 percent of the GDP and to 7,45,000 dollars per citizen respectively, as the region`s per capita military spending is highest in the world.

India Inc raises $7.5 bn in foreign debt so far in 2013

As the cost of rupee funds remains too high, 11 companies have raised a record USD 7.5 billion in foreign debt this year via bonds, which is 75 percent of what India Inc had mopped up in the entire 2012.

Pakistan owes $53 bn foreign debt

Pakistan is under the burden of more than $53 billion foreign debt despite the repayment of over $6 billion in the last three years.