Calls public debt unsustainable which is at heart of economic challenges

Beijing had initially sought a hike in interest rate

Power sector debt keeps piling up despite frequent increases in electricity tariff

Outstanding dues up by 77% in seven months, complicating ties with Beijing

PM bans creating new positions, making any major purchases amid economic strain

Officials say incumbent CEO did not meet eligibility criteria at time of appointment

Cuts external loan estimates by over $6 billion to $11.4 billion

Dar, two bankers’ names float about as options remain few

Issue of raising gas prices by 175% may go to ECC next week

Strategic move stabilises rupee-dollar parity, meets IMF targets on NIR