Bailout Money
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Pakistan, With Economy On Cliff Edge, To Present Budget Today
Pakistan's government will present its annual budget to parliament on Friday needing to satisfy the IMF to have any chance of securing the release of more bailout money, with the crisis-riven country due to hold elections by November.
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IMF Money To Arrive In Pakistan By August-End: Report
The International Monetary Fund (IMF) convened a meeting of its executive board on August 29 to approve a bailout package for cash-starved Pakistan, including disbursement of about USD 1.18 billion, before the close of the current month, a media report said on Saturday.
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Binance Leads Investors’ Contribution to Bail Out Victims of $615-Million Digital Coin Heist
Crypto exchange Binance is leading investors' contribution to a bailout of victims of a $615 million (roughly Rs. 4,664 crore) digital coin theft, the company targeted in the heist said.
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Hong Kong-Based Airline Cathay Pacific Unveils $5-Billion Bailout Plan
This is the first time Hong Kong's government has directly injected money into a private company
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Government Bailouts A Moral Hazard, Says Chief Economic Adviser
"I think we expect the government to use taxpayers money to intervene every time there is a sunset phase," Mr Subramanian said.
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Opinion: What Jet Airways' Near-Collapse Says About India
State-owned banks are Jet's biggest creditors and they seem unwilling to throw more money at the airline without a clear revival plan.
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Jet Airways Seeks Access To Bailout Funds: Report
At least 69 aircraft have been grounded due to money owed to lessors, showed stock exchange filings by Jet, while the remainder are out of service for maintenance, said one of the sources.
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"PM Using Public Money For Jet Airways's Bailout Package": Congress
The Congress on Wednesday accused Prime Minister Narendra Modi of doling out public money by directing state-run banks to bailout Jet Airways by converting its debt into equity.
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Modi Government To Now Pump $330 Million Into Air India
Air India, which was offered along with $5 billion of its debt, is surviving on taxpayer bailouts after losing money for years. The Modi government has said it has a four-part strategy for Air India -- a financial package, a branding refresh, organizational and governance reforms, and a plan to motivate staff.
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Rahul Gandhi Finds New Acronym For IL&FS To Attack PM Over Bailout
In his fresh attack on Prime Minister Narendra Modi, Rahul Gandhi has alleged that public money was being used to bail out the debt-ridden Infrastructure Leasing & Finance Services (IL&FS) group. The group has a debt burden of over Rs 90,000 crore.
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Pak At Risk Of Debt Over Trade Corridor Project With China: US Senators
A group of US senators has warned that Pakistan is likely to face debt distress due to rising current account deficit and external obligations linked to the China Pakistan Economic Corridor or CPEC. The new government in Pakistan led by Prime Minister Imran Khan has already indicated it may pursue a bailout by the International Monetary Fund. Analy...
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After Flop Attempt, Centre Planning To Sell 100% Air India Shares: Report
Government will soon revive the sale of its money-losing flag carrier with new guidelines after a recent attempt ended in a debacle last month, as the proposed terms deterred potential investors.
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Air India To Be Split Into Four Separate Companies For Sale, Says Minister Jayant Sinha
The airline, which is surviving on a taxpayer-funded bailout, has strained government finances for decades, and Finance Minister Arun Jaitley said last year that money spent on Air India could have been used for education.
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Debt Conundrum Set to Keep Greek Banks in Months-Long Freeze
Greek banks are set to keep broad cash controls in place for months, until fresh money arrives from Europe and with it a sweeping restructuring, officials believe.
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Where Did the Greek Bailout Money Go?
Less than 10% of the money was used by the government for reforming its economy and safeguarding weaker members of society
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Pakistan, With Economy On Cliff Edge, To Present Budget Today
Pakistan's government will present its annual budget to parliament on Friday needing to satisfy the IMF to have any chance of securing the release of more bailout money, with the crisis-riven country due to hold elections by November.
-
IMF Money To Arrive In Pakistan By August-End: Report
The International Monetary Fund (IMF) convened a meeting of its executive board on August 29 to approve a bailout package for cash-starved Pakistan, including disbursement of about USD 1.18 billion, before the close of the current month, a media report said on Saturday.
-
Binance Leads Investors’ Contribution to Bail Out Victims of $615-Million Digital Coin Heist
Crypto exchange Binance is leading investors' contribution to a bailout of victims of a $615 million (roughly Rs. 4,664 crore) digital coin theft, the company targeted in the heist said.
-
Hong Kong-Based Airline Cathay Pacific Unveils $5-Billion Bailout Plan
This is the first time Hong Kong's government has directly injected money into a private company
-
Government Bailouts A Moral Hazard, Says Chief Economic Adviser
"I think we expect the government to use taxpayers money to intervene every time there is a sunset phase," Mr Subramanian said.
-
Opinion: What Jet Airways' Near-Collapse Says About India
State-owned banks are Jet's biggest creditors and they seem unwilling to throw more money at the airline without a clear revival plan.
-
Jet Airways Seeks Access To Bailout Funds: Report
At least 69 aircraft have been grounded due to money owed to lessors, showed stock exchange filings by Jet, while the remainder are out of service for maintenance, said one of the sources.
-
"PM Using Public Money For Jet Airways's Bailout Package": Congress
The Congress on Wednesday accused Prime Minister Narendra Modi of doling out public money by directing state-run banks to bailout Jet Airways by converting its debt into equity.
-
Modi Government To Now Pump $330 Million Into Air India
Air India, which was offered along with $5 billion of its debt, is surviving on taxpayer bailouts after losing money for years. The Modi government has said it has a four-part strategy for Air India -- a financial package, a branding refresh, organizational and governance reforms, and a plan to motivate staff.
-
Rahul Gandhi Finds New Acronym For IL&FS To Attack PM Over Bailout
In his fresh attack on Prime Minister Narendra Modi, Rahul Gandhi has alleged that public money was being used to bail out the debt-ridden Infrastructure Leasing & Finance Services (IL&FS) group. The group has a debt burden of over Rs 90,000 crore.
-
Pak At Risk Of Debt Over Trade Corridor Project With China: US Senators
A group of US senators has warned that Pakistan is likely to face debt distress due to rising current account deficit and external obligations linked to the China Pakistan Economic Corridor or CPEC. The new government in Pakistan led by Prime Minister Imran Khan has already indicated it may pursue a bailout by the International Monetary Fund. Analy...
-
After Flop Attempt, Centre Planning To Sell 100% Air India Shares: Report
Government will soon revive the sale of its money-losing flag carrier with new guidelines after a recent attempt ended in a debacle last month, as the proposed terms deterred potential investors.
-
Air India To Be Split Into Four Separate Companies For Sale, Says Minister Jayant Sinha
The airline, which is surviving on a taxpayer-funded bailout, has strained government finances for decades, and Finance Minister Arun Jaitley said last year that money spent on Air India could have been used for education.
-
Debt Conundrum Set to Keep Greek Banks in Months-Long Freeze
Greek banks are set to keep broad cash controls in place for months, until fresh money arrives from Europe and with it a sweeping restructuring, officials believe.
-
Where Did the Greek Bailout Money Go?
Less than 10% of the money was used by the government for reforming its economy and safeguarding weaker members of society
