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    Tag:Banks

    Bangladesh: Tk 1.3 Trillion in Defaulted Loans Pushes Shariah-Based Banks Toward Crisis

    Bangladesh Bank has confirmed the formation of a task force to evaluate the situation. It is also drafting a new “Bank Resolution Act” that will provide a legal and procedural framework for the proposed mergers and acquisitions.

    Rights Expert Urges Banks to Stop Financing Myanmar Junta Weapons Trade

    Foreign banks are allegedly helping Myanmar’s military junta acquire weapons and military supplies, facilitating a “campaign of violence and brutality” as the civil war there grinds...

    Time Running Out to Address Afghanistan’s Hunger Crisis; Without a Functioning Central Bank, Aid Not Enough

    The drought and a shortage of funds has fuelled an economic crisis – more than 70 percent of Afghanistan’s population live in rural areas...

    COVID-19 impacts Bangladesh banks’. Bad loans rise by 8 per cent in December

    In what clearly looks like a case of pandemic blues, cases of default on bank loans have been pushed up by 8 per cent...

    India should spend its way out of post-COVID-19 economic crisis

    In view of the structural break in the global economy as well as the domestic economy, the government’s budget plans should be two-pronged —...

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    El Niño Grows Stronger as India’s Monsoon Faces Fresh Trouble

    The coming weeks will decide how large the final shortfall becomes and how much pressure it puts on farms, water supplies and prices.
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    India’s Monsoon Air Fails WHO Test as 85% Cities Exceed Safe PM2.5 Levels

    The failure of the monsoon to bring safe air to the majority of cities in July 2026 is a reminder that clean air remains a distant goal for most urban Indians.

    Pakistan: Government Weighs Agricultural Income Tax to Satisfy IMF Demands

    With the September deadline now publicly acknowledged, both federal and provincial governments face a narrowing window to demonstrate credibility.

    Must read

    El Niño Grows Stronger as India’s Monsoon Faces Fresh Trouble

    The coming weeks will decide how large the final shortfall becomes and how much pressure it puts on farms, water supplies and prices.

    India’s Monsoon Air Fails WHO Test as 85% Cities Exceed Safe PM2.5 Levels

    The failure of the monsoon to bring safe air to the majority of cities in July 2026 is a reminder that clean air remains a distant goal for most urban Indians.