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India To Talk To World Bank, Global Watchdog Over Pak's 'Terror Funds' Supply: Sources
India, fresh from the military success of Operation Sindoor, is set to raise the pitch of efforts to highlight globally Pakistan's continued funding of cross-border terror activities, government sources told NDTV Profit Friday afternoon.
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How Banks And The Fed Are Preparing For A US Default - And Chaos To Follow
Convening war rooms, planning speedy bailouts and raising house-on-fire alarm bells: Those are a few of the ways the biggest banks and financial regulators are preparing for a potential default on U.S. debt.
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Pakistan PM Hopeful Of Early Settlement With IMF To Unlock Foreign Loans
Pakistan Prime Minister Shehbaz Sharif on Friday expressed hope for an early agreement with the IMF to unlock the much-needed foreign loans, a day after the global lender announced its plan to send a staff mission to the cash-strapped nation.
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India Plans To Stop Financial Aid To Sri Lanka After IMF Bailout: Report
India does not plan to provide fresh financial support to Sri Lanka on top of the nearly $4 billion it has extended this year, two sources told Reuters.
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Voyager Digital Rebuffs ‘Low-Ball Bid’ From FTX, Alameda Ventures as Amid Bankruptcy Process
Crypto lender Voyager Digital on Sunday rebuffed a recent joint proposal from FTX and Alameda Ventures and called it a "low-ball bid dressed up as a white knight rescue". The firm was offered a bailout plan where crypto trading firm Alameda would purchase all of Voyager's digital assets and digital asset loans, except the loans to bankrupt crypto h...
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FTX Crypto Exchange Plans Partial Bailout of Bankrupt Voyager's Customers
FTX said on Friday it was planning to offer Voyager Digital's customers access to some of their funds, the latest relief measure by the Sam Bankman-Fried-led cryptocurrency exchange for the ailing crypto industry.
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FTX Has 'A Few Billion' to Support Industry, Claims Head Sam Bankman-Fried
FTX head Sam Bankman-Fried said he and his company still have a "few billion" on hand to shore up struggling firms that could further destabilise the digital asset industry. He has said he plans to give away 99 percent of his wealth, and that he could spend up to $100 million (nearly Rs. 800 crore) supporting candidates in the 2024 election cycle
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Premier League CEO Reveals That There Will Be No "Blank Cheque" To Bail Out Lower-League English Football Clubs
The Premier League's earlier bailout plan was rejected by EFL chiefs, who said that it was insufficient and insisted outfits in the second-tier Championship should also be included in any offer.
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India Planning Rs 11,900 Crore Bailout For Airlines Hit By Virus: Report
India is planning a rescue package worth as much as $1.6 billion for the aviation sector, which has been battered after the coronavirus outbreak forced countries to close borders and brought air travel to a near-halt, two government sources told Reuters.
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Yes Bank Rescue Plan "Bizarre", Huge Loan Spike Allowed: P Chidambaram
Congress leader P Chidambaram on Saturday said the government's bailout plan for the crisis-hit Yes Bank was "bizarre", targeting the BJP-led administration over a massive oversight failure that allowed a 35 per cent per year jump in its loan book since 2014.
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Apple Supplier Japan Display Secures Bailout After Funding Shortfall
Japan Display has said that a group led by Chinese investment firm Harvest Group had formally secured additional funding for a previously announced JPY 80 billion ($738 million) bailout plan for the screen maker.
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Japan Display Says Bailout From Chinese Group to Be Delayed
Japan Display said on Monday that a planned investment of up to JPY 80 billion ($729.33 million) from a Chinese-Taiwanese group will be delayed.
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Pak Finance Minister Steps Down In Cabinet Reshuffle Ahead Of IMF Deal
Pakistani Finance Minister Asad Umar on Thursday said he would step down in a cabinet reshuffle by Prime Minister Imran Khan, raising fresh questions on plans for averting an economic crisis amid bailout talks with the International Monetary Fund.
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"Will Help Them Save Jet": Vijay Mallya Renews Offer In Cutting Remarks
Fugitive businessman Vijay Mallya, who is being investigated for fraud and money-laundering, said his now-defunct Kingfisher Airlines too could have been bailed out by lenders, similar to what happened with cash-strapped Jet Airways on Monday. He blamed banks for letting "India's finest airline" close its operations seven years ago.
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Air India Bailout Plan Not Alternative To Divestment, Says ChairmanÂ
The government's proposed move to pare Rs 29,000 crore of Air India's debt is a short-term measure and not an alternative to divestment plans, the national carrier's Chairman and Managing Director Pradeep Singh Kharola said on Wednesday.
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India To Talk To World Bank, Global Watchdog Over Pak's 'Terror Funds' Supply: Sources
India, fresh from the military success of Operation Sindoor, is set to raise the pitch of efforts to highlight globally Pakistan's continued funding of cross-border terror activities, government sources told NDTV Profit Friday afternoon.
-
How Banks And The Fed Are Preparing For A US Default - And Chaos To Follow
Convening war rooms, planning speedy bailouts and raising house-on-fire alarm bells: Those are a few of the ways the biggest banks and financial regulators are preparing for a potential default on U.S. debt.
-
Pakistan PM Hopeful Of Early Settlement With IMF To Unlock Foreign Loans
Pakistan Prime Minister Shehbaz Sharif on Friday expressed hope for an early agreement with the IMF to unlock the much-needed foreign loans, a day after the global lender announced its plan to send a staff mission to the cash-strapped nation.
-
India Plans To Stop Financial Aid To Sri Lanka After IMF Bailout: Report
India does not plan to provide fresh financial support to Sri Lanka on top of the nearly $4 billion it has extended this year, two sources told Reuters.
-
Voyager Digital Rebuffs ‘Low-Ball Bid’ From FTX, Alameda Ventures as Amid Bankruptcy Process
Crypto lender Voyager Digital on Sunday rebuffed a recent joint proposal from FTX and Alameda Ventures and called it a "low-ball bid dressed up as a white knight rescue". The firm was offered a bailout plan where crypto trading firm Alameda would purchase all of Voyager's digital assets and digital asset loans, except the loans to bankrupt crypto h...
-
FTX Crypto Exchange Plans Partial Bailout of Bankrupt Voyager's Customers
FTX said on Friday it was planning to offer Voyager Digital's customers access to some of their funds, the latest relief measure by the Sam Bankman-Fried-led cryptocurrency exchange for the ailing crypto industry.
-
FTX Has 'A Few Billion' to Support Industry, Claims Head Sam Bankman-Fried
FTX head Sam Bankman-Fried said he and his company still have a "few billion" on hand to shore up struggling firms that could further destabilise the digital asset industry. He has said he plans to give away 99 percent of his wealth, and that he could spend up to $100 million (nearly Rs. 800 crore) supporting candidates in the 2024 election cycle
-
Premier League CEO Reveals That There Will Be No "Blank Cheque" To Bail Out Lower-League English Football Clubs
The Premier League's earlier bailout plan was rejected by EFL chiefs, who said that it was insufficient and insisted outfits in the second-tier Championship should also be included in any offer.
-
India Planning Rs 11,900 Crore Bailout For Airlines Hit By Virus: Report
India is planning a rescue package worth as much as $1.6 billion for the aviation sector, which has been battered after the coronavirus outbreak forced countries to close borders and brought air travel to a near-halt, two government sources told Reuters.
-
Yes Bank Rescue Plan "Bizarre", Huge Loan Spike Allowed: P Chidambaram
Congress leader P Chidambaram on Saturday said the government's bailout plan for the crisis-hit Yes Bank was "bizarre", targeting the BJP-led administration over a massive oversight failure that allowed a 35 per cent per year jump in its loan book since 2014.
-
Apple Supplier Japan Display Secures Bailout After Funding Shortfall
Japan Display has said that a group led by Chinese investment firm Harvest Group had formally secured additional funding for a previously announced JPY 80 billion ($738 million) bailout plan for the screen maker.
-
Japan Display Says Bailout From Chinese Group to Be Delayed
Japan Display said on Monday that a planned investment of up to JPY 80 billion ($729.33 million) from a Chinese-Taiwanese group will be delayed.
-
Pak Finance Minister Steps Down In Cabinet Reshuffle Ahead Of IMF Deal
Pakistani Finance Minister Asad Umar on Thursday said he would step down in a cabinet reshuffle by Prime Minister Imran Khan, raising fresh questions on plans for averting an economic crisis amid bailout talks with the International Monetary Fund.
-
"Will Help Them Save Jet": Vijay Mallya Renews Offer In Cutting Remarks
Fugitive businessman Vijay Mallya, who is being investigated for fraud and money-laundering, said his now-defunct Kingfisher Airlines too could have been bailed out by lenders, similar to what happened with cash-strapped Jet Airways on Monday. He blamed banks for letting "India's finest airline" close its operations seven years ago.
-
Air India Bailout Plan Not Alternative To Divestment, Says ChairmanÂ
The government's proposed move to pare Rs 29,000 crore of Air India's debt is a short-term measure and not an alternative to divestment plans, the national carrier's Chairman and Managing Director Pradeep Singh Kharola said on Wednesday.
