Pakistan International Airlines privatization plan fails due to its financial obligations

Dec 28, 2023

Sources suggest that PIA cannot afford to pay more than PKR 8 billion in interest on the PKR 260 billion loan. The commercial banks...

Sri Lanka's foreign exchange crisis gets compounded by China's debt-trap diplomacy

Jan 12, 2022

Colombo [Sri Lanka], January 13 : Sri Lanka's foreign exchange crisis is compounded by its inability to meet the financial obligations initiated in co-operation...

Abu Dhabi: ADGM publishes 'Quick Guides' for Designated Non-Financial Businesses and Professions

Oct 12, 2023

The guides are aimed at raising awareness and understanding of key AML/CFT and sanctions obligations among the DNFBP sector operating within the international financial...

Introducing Ambit Finvest Business Loan on Bajaj Markets

Jul 27, 2023

Pune (Maharashtra) [India], July 27: Ambit Finvest Business Loan is now available on Bajaj Markets, a subsidiary of Bajaj Finserv. Business owners can meet an array...

TRAI recommends rationalization of entry fees, bank guarantees

Sep 19, 2023

Entry fees are one-time payments that new entrants must make to access the market, while bank guarantees act as financial safeguards to ensure licensees...

DGCA lifts enhanced SpiceJet surveillance

Oct 15, 2024

A senior DGCA official informed that Spicejet was placed under enhanced surveillance by DGCA on 13th September 2024 in view of the financial constraints...