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Go First extends flight cancellation till July 6
Updated : 2 years, 11 months ago IST
Cash-strapped Go-First on Thursday announced an extension of its flight cancellation till July 6 "due to operational reasons"
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Only 34 per cent two-wheeler users in Bengaluru wear correctly strapped he
Updated : 2 years, 11 months ago IST
Karnataka Transport Minister Ramalinga Reddy launched the 'Status Summary 2022: Road Safety Risk Factors', a roadside observation report that highlights the status of road safety risk factors in the Bengaluru Metropolitan Region.
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Pakistan receives 38pc lower inflows in financing
Updated : 3 years ago IST
Pakistan is already struggling to find stability in politics and now, the cash-strapped country is seeing a slow pace of inflows as only USD 8.1 billion receipts in 10 months of this fiscal year stood at just 35.5 per cent of the USD 22.8 billion full-year budget target
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Cash-strapped Pakistan government squanders money on image-building
Updated : 3 years ago IST
The current fiscal year is nearing its end with extraordinarily tight fiscal positions and the austerity policy of the PDM government in Pakistan, but discretionary spending on development schemes for constituencies of parliamentarians of the coalition partners and publicity continues to gro
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External financing requirements for IMF deal with Pakistan not changed, cl
Updated : 3 years ago IST
On Sunday, Perez Ruiz said that external funding requirements had not changed throughout the discussions, under a review that would unlock USD 1.1 billion in financing for the cash-strapped South Asian nation as part of a USD 6.5 billion IMF package, Dawn reported.
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Soaring inflation hits Pakistanis hard during Ramzan
Updated : 3 years, 1 month ago IST
During every Ramzan inflation increases by 500 per cent and this has not changed in the last 75 years. The rise of inflation during Ramzan in Pakistan is very strange because, in countries where the Muslim population is one per cent or even less, the governments supply up to 75 per cent reli
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There's a real danger that Pakistan could default on debt: US think tank
Updated : 3 years, 1 month ago IST
The cash-strapped nation is reeling with the repercussions of a deepening political crisis, which initially began in April last year when former prime minister Imran Khan was ousted through a vote of a no-confidence motion, and the derailment of the USD 6.5 billion International Monetary Fun
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Malegaon blast: SC refuses to interfere with Bombay High Court order rejec
Updated : 3 years, 2 months ago IST
In the 2008 Malegaon blast case, six people were killed and over 100 injured after an explosive device strapped to a motorcycle went off near a mosque at Malegaon in north Maharashtra, about 200 kilometres from Mumbai.
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IMF asks Pakistan to provide external financing assurances for release of
Updated : 3 years, 2 months ago IST
It should be noted that Pakistan and the IMF have been negotiating since early February on an agreement that would release USD 1.1 billion to the cash-strapped, nuclear-armed country of 220 million people and its supercritical for the liquidity-challenged country, whose deficient foreign exc
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Cash-strapped Pakistan struggling to pay international airlines
Updated : 3 years, 2 months ago IST
The IATA, which represents some 300 airlines comprising 83 per cent of global air traffic, said USD 290 million were stuck in Pakistan as of January, which increased by almost a third since December.
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'No compromise' on Nuke program, says Pak's Finance Minister amid cash cru
Updated : 3 years, 2 months ago IST
While speaking at the Senate session on Thursday, Dar said, "Let me assure you that [...] nobody is going to compromise anything on the nuclear or the missile program of Pakistan -- no way."
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China approves USD 1.3 billion rollover for cash-strapped Pakistan
Updated : 3 years, 2 months ago IST
Taking to Twitter, Pakistan Finance Minister Ishaq Dar announced, " Formalities completed [and] Chinese Bank, ICBC approved rollover of USD 1.3 billion facilities which has been repaid by Pakistan to ICBC in recent months."
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