Sunday, May 28, 2023

financial

Go Airline has history of missing its financial obligations: Pratt & Whitney

 With the Wadia group's low cost Go Airline (India) Limited squarely blaming engine supplier, the US-based Pratt & Whitney for its financial woes and taxiing it to file bankruptcy petition, the latter has responded. "Go First has a lengthy history...

Go First cancels all flights on May 3-4 amid financial crunch

 In a major blow to its passengers, low-cost airline Go First has announced that all its flights will remain cancelled on May 3-4. The decision was communicated to the Directorate General of Civil Aviation (DGCA) by the airlines and...

IIHL receives Rs 50,000 cr financial offers from overseas lenders for Reliance Capital acquisition

 The Hinduja Group arm, IndusInd International Holding Ltd. (IIHL), which emerged the highest bidder for Reliance Capital in the recently concluded auction, is firmly in the driver's seat as the company has already received Rs 50,000 crore worth of...

New normal for Brent crude price may be $ 75-80 a barrel

The new normal for Brent crude price may be around Saudi Arabia's fiscal break-even crude price of USD 75-80 a barrel, JM Financial Institutional Securities said in a report. IEA expects the surprise, voluntary output cut of 1.66mmbpd (from May'23...

Ukraine to receive financial assistance from IMF

 Ukraine will receive a total of $4.5 billion from the International Monetary Fund (IMF) this year as Russia continues its full scale invasion of Kiev, the war-torn country's Finance Ministry said. Ukraine received the first tranche of $2.7 billion earlier...

Intraday Trading – Avoid Mistakes While Doing Intraday

Intraday trading, also known as day trading, is a popular trading strategy that involves buying and selling financial securities within the same day. This type of trading is suitable for traders who want to take advantage of short-term price movements...

Nagaland Board of School Education informs schools offering financial literacy courses

Nagaland Board of School Education (NBSE) has informed schools offering Financial Literacy courses in Class IX & X that the Financial Literacy Examination 2022 will be conducted by the schools through online mode from August 29 to 31.According to...

Third Financial Participatory Approach conducted successfully

The third Financial Participatory Approach (FPA), under KfW funded project, Forest & Biodiversity Management in the Himalayas-Nagaland India (FBMH), was successfully conducted at five pilot villages under Peren district; Punglwa, Heningkunglwa, Ngwalwa, Songlhuh, and Inbung.In a press release issued...

State Govt issues alert on financial cybercrime, frauds

With financial cybercrime and frauds on the rise in the country and the state, the state government has alerted the public to cautious of the widespread operation of such cyber financial fraudsters, who were well organised and go through...

PM asks financial institutionsto consider innovative financing

Prime Minister Narendra Modi on Tuesday asked financial institutions to consider innovative financing and risk management systems to support new futuristic ideas to meet the emerging needs of the economy.Stating that implementation of green financing is the ‘need of...