China Proposes Debt Relief for Private Firms Through State Bonds

Got story updates? Submit your updates here. › A conceptual illustration depicting the intricate debt challenges facing China’s private enterprises through a minimalist Bauhaus-inspired geometric design.Glen Cove Today As China prepares for its annual legislative meetings, a crucial economic policy event, a Beijing-based think tank has put forth a proposal to help private businesses struggling…

Pakistan Repays UAE Debt; Saudi & Qatar Aid Arrives

Pakistan is set to receive $5 billion (around ₹46,500 crore) in financial support from Saudi Arabia and Qatar. This comes as Pakistan needs to repay $3.5 billion (around ₹29,000 crore) to the United Arab Emirates by the end of this month. According to reports, this support is important to help manage Pakistan’s weak foreign exchange…

NCLAT: Cause list for week of 13–16 April 2026

MONDAY, 13 APRIL 2026 Chairperson’s Court (Justice Ashok Bhushan + Barun Mitra) For Judgment / Orders: 1. Vedanta Ltd. vs Bhuvan Madan, RP of Jaiprakash Associates Ltd. Items 10 (552 & 553/2026) — Vedanta challenging the RP/NCLT in the Jaiprakash Associates CIRP. Directly relevant to your coverage of the JAL resolution plan (Adani is also…

Nirmala Sitharaman: Finance Minister Defends IBC Amid Concerns Over Backlog, ETLegalWorld

Finance Minister Nirmala Sitharaman on Saturday defended the Insolvency and Bankruptcy Code (IBC) against criticism over recovery rates, asserting in the Rajya Sabha that the framework is designed primarily for resolution and value maximisation rather than mere recovery. Citing official data, she said the IBC has enabled the resolution of 1,376 companies, with creditors recovering…