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Astronomer CEO Andy Byron and Kristin Cabot were living the American dream before Coldplay kiss cam scandal exploded
Astronomer CEO Andy Byron and Kristin Cabot were living the American dream before Coldplay kiss cam scandal exploded

Time of India

time10 hours ago

  • Business
  • Time of India

Astronomer CEO Andy Byron and Kristin Cabot were living the American dream before Coldplay kiss cam scandal exploded

At a Coldplay concert in Boston, the kiss camera, a routine segment at the British band's performances, caught a couple, sparking rumours of an affair. The only problem was that Astronomer CEO Andy Byron , who is already married with two children, was seen embracing the company's HR chief, Kristin Cabot , from behind. When the camera panned towards the, the couple hastily stepped and has since come under fire, facing allegations of infidelity. Astronomer CEO Andy Byron and the head of HR mistress Kristin Cabot whose 'affair' was exposed on a 'kiss camera' at a Coldplay concert both appeared to be living the American dream, sources told The New York Post. The duo lived their lives complete- with happy family photos and big suburban houses — before the cheating scandal sent shockwaves. Explore courses from Top Institutes in Select a Course Category Leadership Public Policy Finance MCA Management Operations Management Cybersecurity PGDM others Project Management Data Science Others Product Management Data Science Design Thinking Data Analytics CXO Degree Healthcare Digital Marketing MBA Artificial Intelligence Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Megan Kerrigan , wife of Astronomer CEO Andy Byron, 50, shared joyful family photos with him and their apparent sons on Facebook before he was exposed as two-timing with the company's Chief People Officer, Kristin Cabot, 52. — DerricGroves (@DerricGroves) ALSO READ: 'Make America Healthy Again': Trump admin revives baby boom agenda and is helping women get pregnant Andy Byron's wife shared wholesome family pictures Her Facebook photos showed the Byron gang grinning with arms around each other on a hike and at a graduation. Now, Kerrigan has deleted her married name and the entire social media account Thursday. Live Events In the hiking shots, the tight-knit family is posed in front of a creek with the married couple looking cozy and beaming, flanked by the two teenage boys. It wasn't immediately clear when the photos were taken or posted. But Kerrigan had used the outdoorsy image as her profile picture until her husband was caught in jumbotron footage canoodling with Cabot at the rock show outside Boston Wednesday, prompting a disastrous viral scandal for the pair. On the other hand, Kristin Cabot appears to be married to the CEO of a booze company, Andrew Cabot. The two even bought a sprawling $2.2 million abode in the seaside town of Rye just five months before the alleged affair came to light, The Post reported. ALSO READ: Trump signs landmark 'Genius Act': What are stablecoins? How new crypto law could transform your digital wallet? Kristin has also shared a second home in the same town with Andrew Cabot — the chief executive of Privateer Rum , a Massachusetts-based alcohol maker — since at least 2023, according to the records. Privateer Rum's website lists Andrew Cabot as its CEO and COO of the company. His bio says his 'ancestor, the original Andrew Cabot (1750-1791), was a merchant, rum distiller and successful American privateer during the American Revolution.' Kristin Cabot's now-deleted LinkedIn account showed that she has served as an 'advisory board member' at Privateer Rum since September 2020. What happened at the Coldplay concert? On Wednesday, Byron and Cabot scrambled to hide their faces when they were unexpectedly broadcast locked in an embrace on a 'kiss cam' at the rock show at Gillette Stadium Wednesday night. During the deer-in-headlights moment, Cabot covered her face and Byron quickly ducked out of view. 'Oh, what?' lead singer Chris Martin said, clearly confused. 'Either they're having an affair or they're just very shy. ' S–t…I hope we didn't do something bad,' he added. On Friday, Astronomer said it has launched an investigation into the embarrassing incident, suggesting the intimate relationship was unknown to the firm's board. ALSO READ: Stimulus payments worth $300 to $1,700 to hit bank accounts of Americans in days. Check eligibility and key dates 'Astronomer is committed to the values and culture that have guided us since our founding. Our leaders are expected to set the standard in both conduct and accountability,' the tech-and-data firm said in a statement. 'The Board of Directors has initiated a formal investigation into this matter and we will have additional details to share very shortly.' Astronomer confirmed Byron was on leave in an email to The Post late Friday night. 'Cofounder and Chief Product Officer Pete DeJoy is currently serving as interim CEO given Andy Byron has been placed on leave. We will share more details as appropriate in the coming days, the company said.

What caused the fatal explosion at the Los Angeles County Sheriff's department training facility, killing 3 deputies?
What caused the fatal explosion at the Los Angeles County Sheriff's department training facility, killing 3 deputies?

Time of India

timea day ago

  • Business
  • Time of India

What caused the fatal explosion at the Los Angeles County Sheriff's department training facility, killing 3 deputies?

A devastating explosion in the Los Angeles County Sheriff's Department 's training academy early Friday morning killed at least three deputies, as per a CNBC report. LA County Explosion Timeline and Location Los Angeles County Sheriff's Department (LASD) confirmed that the blast suddenly happened at around 7:25 a.m. local time at the agency's Biscailuz Training Center , as reported by Fox News. Explore courses from Top Institutes in Select a Course Category Leadership Data Science Healthcare MBA MCA Product Management Project Management Public Policy Cybersecurity Technology Digital Marketing healthcare CXO Data Science Finance Degree others Others Management Design Thinking PGDM Operations Management Data Analytics Artificial Intelligence Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details As per the CNBC report, the Los Angeles County firefighters arrived at about 7:27 a.m. PDT after an explosion by 1000 N. Eastern Avenue in East L.A., which is near the sheriff department's Eugene Biscailuz Regional Training Academy, which is 5 miles east of L.A. City Hall. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 WhatsApp tricks Indians secretly use google Learn More Undo What Caused the Explosion? Fox News' sources revealed that the accident may have occurred when deputies were moving ordnance on the training facility property, as per the Fox News report. However, authorities are currently investigating to find the cause of the explosion, according to an LA Times report. ALSO READ: Bitcoin to explode like Dogecoin in 2021? Bold prediction says it will be life-changing Live Events Emergency Response Mayor Karen Bass said that the L.A. City Fire Department, Bureau of Alcohol, Tobacco, Firearms and Explosives agents and the LAPD bomb squad responded to the scene, as reported by CNBC. Bass also said that, "The thoughts of all Angelenos are with all of those impacted by this blast," as quoted in the report. Leaders Across California Share Their Grief While US Attorney General Pam Bondi confirmed the deaths, saying, "I just spoke to @USAttyEssayli about what appears to be a horrific incident that killed at least three at a law enforcement training facility in Los Angeles," reported CNBC, citing Bondi's social media X post. Bondi added that, "Our federal agents are at the scene and we are working to learn more. Please pray for the families of the sheriff's deputies killed ," as quoted in the CNBC report. US Rep. Jimmy Gomez, D-Calif., said in a statement that "My condolences to the families and everyone impacted by this loss," added the federal lawmaker, who represents this neighborhood where the blast happened," as quoted in the report. Even the office of California Gov. Gavin Newsom issued a statement that mentioned that the governor had been briefed on the "reported explosion," as reported by CNBC. ALSO READ: Will Robinhood or AppLovin fill the open spot in the S&P 500 index after Chevron-Hess shakeup? Newsom's team posted on X, saying, "The Governor's Office of Emergency Services, @Cal_OES, is in contact with the Sheriff's Department and closely monitoring the situation, and has offered full state assistance," as quoted in the report. Hilda Solis, who represents the L.A. County Board of Supervisors district, pointed out that she has been in close contact with Sheriff Robert Luna, saying, 'I am deeply saddened by the tragic incident that occurred this morning at the Los Angeles County Sheriff's Department Biscailuz Training Academy in East Los Angeles," as quoted by CNBC in its report. Solis said that, "My heart goes out to the families, friends, and colleagues of the three individuals who lost their lives in what appears to have been a devastating explosion. I am in contact with Sheriff Robert Luna and closely monitoring the situation as we await further details. My thoughts are with all those grieving and the first responders who are on the scene," as quoted in the CNBC report. FAQs What happened at the LASD training facility? An explosion occurred Friday morning, killing at least three sheriff's deputies. Who responded to the scene? L.A. County Fire, LAPD bomb squad, ATF, and FBI agents all responded quickly, as per the CNBC report.

RBI Deputy Governor Rajeshwar Rao pitches for enhanced global cooperation to tackle climate change
RBI Deputy Governor Rajeshwar Rao pitches for enhanced global cooperation to tackle climate change

Time of India

timea day ago

  • Business
  • Time of India

RBI Deputy Governor Rajeshwar Rao pitches for enhanced global cooperation to tackle climate change

RBI Deputy Governor M Rajeshwar Rao has called for enhanced global cooperation including technology transfer and R&D funding to deal with challenges posed by the climate change . Stressing that no country can achieve net-zero in isolation, he said climate change is the quintessential global challenge and so the response. Explore courses from Top Institutes in Select a Course Category Leadership Digital Marketing Management CXO Degree Public Policy Project Management Finance others healthcare Cybersecurity Operations Management Data Science Data Science MBA Product Management Healthcare Others MCA Technology Artificial Intelligence Design Thinking PGDM Data Analytics Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Rao was speaking at the Conference on Green Infrastructure Finance at College of Agriculture Banking, RBI in Pune recently. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cardiologist: The Best Method for a Flat Stomach After 50 (It's Genius!) Lulutox Undo "There is a requirement of enhanced global cooperation in this regard which must also extend to technology transfer, R&D funding, and skills development to enable development of technical expertise to identify, design, and structure bankable sustainable and green infrastructure projects," he said. The Reserve Bank posted his speech on its website on Friday. Live Events The Deputy Governor said that the focus needs to shift from project-based finance to overall market development with policy reforms, development of a project pipeline, and consistent regulatory frameworks, creating systemic conditions for fostering sustainable and green infrastructure finance. The senior RBI official also made a case for an adequate mix of public and private funding where the public funds crowd in the private funds through appropriate incentive structure. Specific mechanisms need to be enabled wherein global funds scale their mandates from project-level support to market-shaping interventions, also targeting underdeveloped sectors like adaptation infrastructure, and nature-based solutions. "There is also requirement for Multilateral Development Banks (MDBs), Development Financial Institutions (DFIs), National Development Banks (NDBs) and Vertical Climate and Environmental Funds (VCEFs) to harmonise approach and operations and enable joint funding to enable shift from being direct lenders to catalytic partners and bring in economies of scale in sustainable and green infrastructure projects financing," Rao said. He further said the international financial architecture also needs to be reoriented toward sustainability. The de-risking of sustainable and green infrastructure can work best when national, local, and multilateral institutions co-invest, signalling policy credibility and technical robustness, Rao said. He emphasised that MDBs and global climate funds may need to revisit their governance structure to reflect the voice of recipient countries, particularly the global south and not just donor countries. "Innovative financial instruments such as debt-for-climate swaps and climate-resilient debt clauses must also be scaled up to create fiscal space for green investments," he said. The Reserve Bank of India, he said has been proactive in its resolve to facilitate creation of a robust ecosystem wherein the assessment and mitigation of climate change risks are fostered and its impact on the economy and financial system is curtailed. Rao emphasised that the scale of the impact of events arising out of climate change requires sizeable investments in technology and scale of finance to both build resilience and enable mitigation. As per OECD report, the investment required for green and sustainable infrastructure is estimated at USD 3-5 trillion per year until 2050.

Amid claims of overhaul, new appointments of Gujarat Congress fail to enthuse party
Amid claims of overhaul, new appointments of Gujarat Congress fail to enthuse party

Time of India

timea day ago

  • Business
  • Time of India

Amid claims of overhaul, new appointments of Gujarat Congress fail to enthuse party

Congress's pilot project to restructure the party from grounds up doesn't seem to have enthused the workers as the party high command would have wanted to. While the appointments of district presidents after elaborate 'consultative process' largely proved to be more of reputations, the appointment of new Congress Gujarat President Amit Chavda and assembly leader of opposition Siddharth Chaudhary has failed to excite the workers. Explore courses from Top Institutes in Select a Course Category Leadership Finance Data Science Others Digital Marketing Operations Management Degree Project Management Data Analytics MBA Cybersecurity CXO PGDM Product Management MCA Data Science Design Thinking Technology Artificial Intelligence others Public Policy Management Healthcare healthcare Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details 'Clearly, the high command has failed to see beyond the family legacies in making these appointments which required a better understanding of the changed dynamics of the state politics and the challenges that the party faces now,' said a party functionary in Ahmedabad. Amit Chavda has been the President of Gujarat Congress between 2018 and 2021, what has been his success then?' He asked. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play this game for 1 minute and see why everyone is addicted. Undo For the records Chavda back then was preceded by Bharatsinh Solanki, his cousin and son of Madhavsinh Solanki. He became the leader of opposition in January 2023 after the 2022 Gujarat election that saw Congress staging its worst ever performance. Son of former Gujarat Chief Minister Amarsinh Chaudhary, and a former union minister, Siddarth Chaudhary, has not been known for his acumen as a parliamentarian and is believed to be usually reticent and distant from the workers. Live Events Range of Congress leaders and workers that ET spoke to across the state seem to be echoing the sentiments in various degrees. In North Gujarat, a young leader with considerable ground swell maintained that the selection by the party high command has failed the aspirations of people who hoped that there could be some fresh blood injected in the party through the process. While the Patidar leaders of the party were clamouring for some representation in the top echelon of the party, senior Patel leaders told ET that in spite of their repeated attempts, they failed to manage an audience with Rahul Gandhi . 'This is frustrating but in present condition no one is in a position to rebel. So what you will see is that everyone will toe the party line in public but steadily withdrawing from active participation, which is a bad news for Congress that has suffered its worst electoral blow in 2022 state election.' Party sources maintain that It is learnt that the party may appoint Paresh Dhanani as the Chairman of the Campaign Committee to balance the Patidar demands. However that, according to party workers may be too little too late for the party which is practically fighting an existential crisis in the state. A senior party functionary told ET that the high command was left with very little elbow room to operate while picking up its leaders and had to do with what it had.

Pakistan faces $23 billion in external debt servicing this fiscal year
Pakistan faces $23 billion in external debt servicing this fiscal year

Time of India

timea day ago

  • Business
  • Time of India

Pakistan faces $23 billion in external debt servicing this fiscal year

Islamabad: Pakistan will have to pay over USD 23 billion in external debt during the current fiscal year, which began on July 1, according to a media report. Pakistan's total debt was Rs 76.01 trillion at the end of March this year, comprising domestic debt of Rs 51.52 trillion (approx USD 180 billion) and external debt of Rs 24.49 trillion (USD 87.4 billion), according to the Pakistan Economic Survey 2024-25 . Explore courses from Top Institutes in Select a Course Category Leadership Cybersecurity Design Thinking Data Science PGDM Project Management MBA Technology Degree others Management Product Management Digital Marketing CXO Artificial Intelligence Others Data Analytics Operations Management Healthcare healthcare Public Policy Finance MCA Data Science Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details The USD 87.4 billion external public debt consists of two components: government external debt and debt obtained from the International Monetary Fund (IMF). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Villas In Dubai | Search Ads Get Rates Undo The News reported that out of the total USD 23 billion in external debt servicing in 2025-26, there are temporary deposits of USD 12 billion by friendly countries, with the expectation of securing a rollover from them. Temporary deposits include USD 5 billion from Saudi Arabia, USD 4 billion from China, USD 2 billion from the UAE and about USD 1 billion from Qatar. Live Events However, the country will still have to repay around USD 11 billion in external debt servicing to multilateral, bilateral creditors, international bondholders, and commercial lenders in the current fiscal year. The situation can worsen if friendly countries refuse to grant rollovers on their deposits, which would make it compulsory for the government to make payments. Some of the major payments during the current fiscal include two bond repayments of USD 1.7 billion, commercial loans of USD 2.3 billion, multilateral creditors' repayment of USD 2.8 billion from the World Bank, the Asian Development Bank, the Islamic Development Bank, and the Asian Infrastructure Investment Bank and bilateral loans repayment of USD 1.8 billion. It shows that, despite claims of an economic turnaround by the current government led by Prime Minister Shehbaz Sharif, the country is mired in local and external debts that it needs to pay annually. Currently, the debt payment is the single largest expenditure of the annual budget. Pakistan allocated Rs8.2 trillion for domestic and external debt servicing in 2025-26, which is 46.7 per cent of the total federal budget of Rs17.573 trillion.

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