Dire Finances

• 

  "UPA Brought Bad Name To Country": Nirmala Sitharaman In Parliament

  Finance Minister Nirmala Sitharaman on Friday lambasted the previous Congress-led UPA government for its mismanagement of the economy saying the party put "family first" and left the country in "dire straits" in 2014, but it is now

• 

  "Basically, You're In A Plane That...": Elon Musk On Twitter Cost Cuts

  Elon Musk on Wednesday said that severe cost cuts at Twitter had repaired the company's dire finances as he set out to find a new CEO for his troubled social media platform.

• 

  India Offers Additional $500 Million Credit Line To Sri Lanka To Buy Fuel

  India has agreed to extend an additional USD 500 million credit line to help Sri Lanka import fuel, Finance Minister Ali Sabry said, amid delays in chalking out a bailout package with the IMF to mitigate the dire financial crisis facing the nation.

• 

  Rating Agencies Knew Of Stress At IL&FS, But Gave Good Ratings: Audit

  Dewan Housing Finance, another top firm in the sector, last week warned its financial situation was dire, raising more worries about the sector's health and signalling the crisis was far from over.

• 

  "Blogs Can't Bring Investment": Congress' Biting Attack At Arun Jaitley

  The Congress claimed on Sunday the "ad hoc" policies of the BJP-led government at the centre has put the Indian economy in "dire straits", and took a dig at Finance Minister Arun Jaitley, saying writing blogs cannot increase investment.

• Strapped for cash? 6 alternatives to personal loan

  When you are in dire need of cash, the easiest option seems to be taking a personal loan. But with interest rates going through the roof, it's not quite wise to get into the vicious cycle of debt. Banks also tend to look at your entire financial profile before approving your loan. What if you had options apart from personal loan in times of crisis?

• New Egypt Prime Minister Hazem el-Beblawi an international economist

  Handed the task of rescuing an Egyptian economy in dire straits, new interim prime minister Hazem el-Beblawi has a long record in economic management - and possibly vital personal contacts in the Gulf.

• Money woes cloud Pakistan's infrastructure boom hopes

  Pakistanis are hoping their new prime minister will roll out high-profile projects that became his party's trademark in its political heartland of Punjab, but the nation's dire finances threaten the optimism.

• India Inc's Dream Budget: What the infrastructure sector expects

  Indias beleaguered infrastructure sector has been battling with the triple whammy of depleting order book positions, broken cash cycles as well as high debt leveraging over the past one and half years, with many companies going in for corporate debt restructuring. Under these dire circumstances, the sector is hoping for a reprieve from the Union Bu...

• 

  RIM patent deal a boost for Nokia's finances

  Nokia has settled its patent dispute with RIM in return for payments, as it tries to exploit its trove of technology patents to boost its dire finances.

• Pranab Mukherjee's term as Finance Minister: 5 things to remember

  Here at 5 things that will stand out from Pranab Mukherjee's term.

• Report paints dire picture of Greek finances

  Greece is losing out on about euro 60 billion ($81 billion) in uncollected taxes, with half of that caught up in lengthy legal disputes that prevent the debt-ridden country from getting its hands on desperately needed funding, a European Union task force said Thursday. The task force was set up earlier this year when it became obvious that ...