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Get the appGetThe Center for Global Development analyzed recent cases of domestic debt restructuring in emerging market and developing economies (EMDEs). The study highlights the role of central banks and monetary policy in managing debt crises. It offers lessons on how countries can better coordinate debt restructuring with monetary policy to stabilize their economies and support recovery.
Center for Global Development·
SportsPhoto: Aaj TakAnvay Dravid, son of Rahul Dravid, is excelling in Under-19 cricket. He scored a century against Gujarat, playing a crucial role in Karnataka's advancement to the knockout stage. His current form could be vital for the team's future success in the tournament.
Aaj Tak··Karnataka
BusinessPhoto: ET MarketsJio Platforms Ltd., the telecom and digital services arm of Reliance Industries, plans to raise $3.2 billion in its IPO opening on October 21. This will be India's largest IPO and will test the enduring appeal of the Reliance brand among a new generation of investors, with nearly 40% of India's 130 million stock-market investors under 30 years old. Younger investors focus more on growth, profits, and valuation compared to older generations.
ET Markets·
PoliticsPhoto: News18 WorldThe US has ended the automatic 540-day extension of work permits for several immigrant categories, including H-1B workers and their H-4 spouses. This change, formalized by USCIS, affects those awaiting renewal while their applications are pending. Initially introduced in May 2022 to ease backlog issues, the extension will no longer apply to adjustment of status applicants, asylum seekers, refugees, and Temporary Protected Status beneficiaries.
News18 World·
WorldPhoto: News18 HindiBefore registering for JEE Main 2027, candidates must verify their 10th certificate and identity documents. Any mismatch in name, date of birth, or photo may lead to rejection by the NTA verification system. Candidates should correct errors promptly to avoid application cancellation and ensure eligibility to appear in the exam.
News18 Hindi·
HealthPhoto: Deccan HeraldA senior interventional cardiologist in Mangaluru has urged authorities to ensure emergency evacuation routes during temple festivals after a man suffered cardiac arrest near Kudroli Gokarnanath Temple. Due to the large crowd, his relatives had to transport him on a motorcycle to reach the hospital. The patient underwent angioplasty and is now stable. The doctor emphasized the need for clear emergency routes at all major temple events.
Deccan Herald··Mangaluru
Center for Global Development·
The Center for Global Development analyzed recent cases of domestic debt restructuring in emerging market and developing economies (EMDEs). The study highlights the role of central banks and monetary policy in managing debt crises. It offers lessons on how countries can better coordinate debt restructuring with monetary policy to stabilize their economies and support recovery.
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