Bailout

Last year, India reportedly batted for ‘stringent monitoring’ of any emergency funds provided by the IMF to Pakistan, emphasising that such funds should not be redeployed towards defence bills or repayment of loans from other countries.

‘No more bailouts’: the missing US campaign slogan

There is a populist idea that would be both good economics and good politics

Trucking firm Yellow that got $700 million US bailout declares bankruptcy

After monthslong negotiations between Yellow’s management and the Teamsters union broke down, the company shut its operations late last month, and said Sunday that it was seeking bankruptcy protection so it could wind down its business in an “orderly” way.

Pakistan hopes to seal key IMF bailout agreement soon

Pakistan has less than a month's worth of foreign exchange reserves and is awaiting a bailout package of $1.1 billion from the IMF that has been delayed since November over issues related to fiscal policy adjustments.

Explained: How China entraps poorer countries in never-ending debt

China became one of the world’s economic superpower within a matter of 30 years. The country expanded its economy across sectors.But how did the red dragon use its wealth to entrap developing countries? According to a report by the World Bank, China spent over $240 billion as bailout loans in two decades. After lending countries under BRI, it has now started international bailout. And how is India under risk despite staying away from China’s BRI trap? Watch!

Sri Lanka says latest bailout funds can be used for fiscal support

Upon receiving the funds from the IMF, the monetary authority can buy foreign exchange and provide the government an equivalent amount of rupees to spend, Weerasinghe told Bloomberg on Tuesday.

Janet Yellen rules out federal bailout for collapsed Silicon Valley Bank

The Federal Deposit Insurance Corporation insures deposits up to $250,000, but many of the companies and wealthy people who used the bank — known for its relationships with technology startups and venture capital — had more than that amount in their account.

Yes Bank gets a big 'no' from investors as lock-in ends for bailout peers

Under the rescue plan, 8 financial entities, led by SBI, had infused Rs 10,000 crore in Yes Bank. They were mandated to hold the shares for three years. As that lock-in nears its end, Yes Bank faces selling pressure.

IMF bailout package at stake; no luxury cars, palatial homes for Pakistan officials

Pakistan PM Shehbaz Sharif has announced a list of austerity measures amid the economic crisis. The measures include cutting allowances and travel expenses of ministers and advisers. The belt-tightening comes as Pakistan thrashes out a deal with the International Monetary Fund (IMF) to secure funds worth $1 billion. Watch the video to find out what services and luxuries that are now restricted for Pakistan’s government officials.

IMF, Pakistan to resume talks on unlocking bailout funds, official says

The two could not reach a deal last week and a visiting IMF delegation departed Islamabad after 10 days of talks, but said negotiations would continue. Pakistan is in dire need of funds as it battles a wrenching economic crisis.

IMF says talks with Sri Lanka to resume next week

The island nation defaulted on its $51 billion foreign debt in April and is seeking help from the International Monetary Fund after months of food, fuel and medicine shortages

Germany’s Uniper in Bailout Talks to Plug $9.4 Billion Hole

Its shares sank 28% on Monday, taking the company’s market value to 4.14 billion euros.

Lufthansa board nods through $10 billion bailout plan

In a statement on Monday, the German carrier quoted Lufthansa Chairman Karl-Ludwig Kley saying it had been “a very difficult decision.”

U.S. House passes $500 billion coronavirus bill in latest relief package

Thursday's voting took place under safety protocols that considerably dragged out proceedings. Lawmakers came to the House in alphabetical order in small groups and were told to stand in line, 6 feet (1.8 m) apart, before entering the chamber.

Coronavirus pandemic | Restaurant body seeks bailout package, says staring at huge losses

The industry is staring at zero revenue in the short term and 50% reduction in the long term, says NRAI

Yes Bank: How to rescue a private bank, version 2020

The bailout package for Yes Bank stops short of being a full-fledged one. While that protects SBI to an extent, Yes Bank's eventual fate are tied to new investors hopping on board

Yes Bank will not be allowed to fail: SBI Chairman

The SBI chief added that he was sure some solutions would emerge

Real estate AIF: the government’s intentions are good but the sector’s problems are tricky

The government has rolled up its sleeves and decided fund a revival scheme for the real estate sector

Government dials wrong number in bailing out PSU telecom giants

It’s time for the government to cut its losses

100-word Take | Time's running out for Jet Airways

Naresh Goyal has no option but to agree to cede majority control to woo the likes of Etihad.

PMO seeks detailed performance report of Air India

With the NDA government set to present its third budget next month, the Prime Minister's Office has sought a detailed performance report from flag carrier Air India, which is surviving on a Rs 30,000 crore bailout package from the exchequer.

Govt has infused Rs 23,993 crore funds in Air India: Raju

The government today said it has already infused funds to the tune of Rs 23,993 crore in the national flag carrier Air India from 2011-12 till November this year.

Powering Up: Timeline for states to join UDAY extended

According to the changes in the scheme, states which will be signing on anew will be allowed to convert 75 percent of their debt at one go in this fiscal year itself. They wouldn't have to stagger it.

IMF: Current Greece finance plans not realistic

The International Monetary Fund said today that the fiscal projections underpinning Greece's proposals for moving ahead in its bailout program are not realistic.

Greece to cut MP tax breaks, minister salaries: Tsipras

Ministers, junior ministers and other senior staff will also see a 15-percent salary cut, the agency said. Tsipras's government and its creditors are reportedly close to finalising the terms of a third bailout agreement for the debt-hit country.