Fitch Ratings warns of rising Indian debt

On Wednesday, Fitch Ratings hinted that the countercyclical budget support for India’s nascent economic recovery in the FY22 budget could lead to an increase in public debt, which can be viewed negatively from the point of view of view of the sovereign rating, while maintaining that higher public spending supporting the recovery in the short …

PHUKET: Competitors from Toyota Gazoo Racing returned to Phuket this weekend for this year’s edition of the “Toyota Gazoo Racing Motorsport” street racing show. Under the theme ‘The Mind to Push the Limits’, four main races took place, with Mekratchakita Kalantanon outclassing her male rivals, taking 1st place in car 98 in the Toyota Vios …

Pererenan, Bali – Before the pandemic, Dicky, who like many Indonesians has only one name, made up to $ 20 a day peddling handcrafted shell jewelry to tourists on the crowded beaches of the southwest coast of Bali. But nearly two months after Indonesia reopened to visitors from China and 18 other countries, the international …

Are you using Buy Now, Pay Later (BNPL) to purchase your Christmas presents this year? You could be in the throes of a bad debt hangover, financial advisers warn. In its annual survey, Financial Counseling Australia (FCA) saw a sharp increase in the number of people with bad debts with BNPL seeking help from financial …

On the National Day celebrating King Bhumibol Adulyadej’s birthday on December 5, Their Majesties the King and Queen will lay the foundation stone for the royal statue of King Bhumibol Adulyadej inside the park. The legacy of the late His Majesty King Bhumibol Adulyadej remains in the hearts of the Thai people. A new public …

Thani joined the informal Asia-Pacific Economic Cooperation (APEC ISOM) Senior Officials Meeting, where Thai officials presented the visions and plans of Thailand’s APEC Presidency in 2022. The informal Asia-Pacific Economic Cooperation senior officials meeting kicked off in Phuket, marking the trade bloc’s first face-to-face meeting since the pandemic. An official from the Ministry of Foreign …

What does a beautiful photograph of three cherub children in Ireland have to do with surviving a storm in the jungle of a tropical island? Here it is: In 2006, I spent a month in Thailand, reporting on tsunami recovery versus Louisiana’s recovery from Katrina. My travels in Thailand took me to Phi Phi Island, …

At the height of the COVID-19 pandemic, the country’s unemployment rate soared to 15%, reports the Bureau of Labor Statistics. The fallout on American workers was immediate, as many lost their wages or saw their wages drop overnight. Overall, however, across much of the country, the economic damage from the pandemic has not turned out …

PHUKET: Local residents expressed their anger over the poor organization of Pfizer walk-in vaccinations at Saphan Hin Indoor Sports Stadium yesterday (December 2). One of the biggest concerns was that people would stand outside for hours on end with no social distancing imposed in queues while waiting to be told to enter the stadium. When …

By Richard Crump (December 2, 2021, 4:52 p.m. GMT) – The extradition of a British investment adviser wanted by Thai authorities for allegedly operating an unlicensed securities firm was blocked by a London court on Thursday as A judge cited the risk that he would be subjected to “inhuman or degrading treatment” if imprisoned in …

Columbus residents can now experience a new realm of relaxation through hydration. Rezilient Hope Hydration Salon, 3189 Hwy. 45. Suite J, officially opened on Wednesday. Nurse practitioner Erica Horton and her husband Ronnie decided to open the vitamin infusion salon in their hometown after traveling for a few years. “There’s nothing like it here, so …