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Tough times ahead for Pakistan as talks with IMF fails over bailout package

Pakistan is seeking a USD 7 billion bailout package from the IMF to prevent the collapse of the eco…

ANI   


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Moody's says India's tax cuts, realty rescue, and bailouts are not enough to beat the slowdown

A day after the short-lived euphoria caused by the Indian government’s ₹25,000 crore bailout pack…

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Association of Radio Operators for India writes to the government for a bailout package

The radio industry has asked for a one-year moratorium on all licence fees and charges by the gover…

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Covid-19: Ficci seeks bailout package for aviation industry

"If the grounding is lifted but people are still not able to freely travel, it will make the situa…

PTI   


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India’s finance ministry has rejected a bailout package for Air India

Instead, the finance ministry proposed a stop-gap solution for Air India’s financing woes. …

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UK rejects COVID-19 bailout package for universities, announces support measures

"The package of interventions outlined indicates a welcome recognition from government of the centr…

PTI   


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Goldman Sachs: India's economy will shrink 45% this quarter and suffer a brutal recession this year

The bank's economists forecast a 5% decline in India's real GDP this year, the steepest drop since …

Shalini Nagarajan   


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BSNL and MTNL may shed flab and get 4G spectrum as a part of the proposed ₹740 billion bailout plan

The proposed bailout plan includes an exit package for thousands of employees, which includes an…

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The Indian government is planning a rescue package for the aviation sector as the losses pile up

A relief package has been a long time coming for the world’s third largest aviation market. While I…

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After a botched sale, the Indian government might just bail Air India out again

In June, the Indian government decided against privatising Air india after the planned sale of a 76…

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Here's what top analysts expect in the next coronavirus bailout

These are the top stories written by Business Insider's healthcare team for July 14.

Lydia Ramsey Pflanzer   


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COVID-19: Amarinder urges all CMs to pursue with Centre bailout strategy proposed by him

The Finance Commission's five-year report should begin from April 1, 2021, instead of 2020, after f…

PTI   


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India in best position to be a bridge between debt-ridden developing countries and G20, says SL President

Sri Lankan President Ranil Wickremesinghe stressed that India was in the best

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BSNL which is yet to pay August salaries wants to give an attractive retirement package to 80,000 employees

State-owned telecom operator Bharat Sanchar Nigam (BSNL) is looking to cut its headcount by 80,000 …

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Over 2 million government employees are angry, anxious and dejected over salaries, hikes and job security

During bad times, there is nothing like a secure job — even when you are employed with the governme…

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India is all set to be challenged by Australia at the WTO over its support to sugarcane farmers

To this effect, it has issued a counter-notification against India -- the first step required …

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India’s cash-strapped national carrier to raise $850 million by selling seven aircraft

In a bid to trim its debt obligations, India’s national carrier, Air India (AI), is planning to rai…

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Can't keep Air India running for eternity on taxpayers' money, says Aviation Minister

Air India’s “books are so bad” that nobody will buy it even if the government wanted to sell off th…

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Pak, IMF commence negotiations for release of $710 million second tranche of $3 billion loan

Porter "appreciated the government's commitment" to meeting the first-quarter targets, the Mini…

PTI