Qatar’s gross external debt, which is "sizeable" under the baseline, is projected to fall over the medium term, according to the International Monetary Fund (IMF).

Qatar’s public debt will fall gradually until 2023, FocusEconomics said, and estimated it to be at 51.2% this year, 48.9% (in 2020), 45.2% (in 2021), 42.3% (in 2022) and 39.3% (in 2023).

The European Commission wrote on Wednesday to the Italian government asking it to explain a deterioration in the country's public finances, a move that sets the stage for a possible legal clash ...

India's Jet Airways was fighting multiple crises Wednesday after grounding six planes, leaving it with only a third of its fleet flying, while pilots have threatened to walk out and a major shareholder ...

The EU's powerful anti-trust sheriff on Thursday accused eight banks of having conspired for several years to distort competition in the eurozone bond market.

The Italian Senate on Sunday passed a revised 2019 budget agreed after a tense standoff with Brussels which saw the populist government water down key measures.

Sri Lanka's largest party warned Tuesday that the island could default on its debt as Moody's slashed its credit rating and a bitter power struggle dragged into a fourth week.

The airline said it was looking for a short-term loan of Rs 10bn ($148mn) "to meet urgent working capital requirements".

India's federal cabinet in June 2017 approved a proposal to sell shares in the airline, which is more than $8.5bn in debt.

In June 2017, India’s Cabinet Committee on Economic Affairs gave an in-principle nod for the strategic divestment of the airline.

India will transfer part of Air India's $8.5bn debt pile to a special purpose vehicle before selling a stake in the state-owned carrier, its junior civil aviation minister told Reuters on Friday.

However, the government will continue to cover its budget shortfalls through debt issuance, but faces little risk of any credit event, BMI said in a report.