Sources: Business Standard
Indian airline Go First files for bankruptcy with the National Company Law Tribunal, blaming "faulty" Pratt & Whitney-manufactured engines for the grounding of about half of its fleet, costing the airline 108 billion rupees ($1.32 billion) in lost revenues. 2023-05-2
The Pentagon announces that it will send four AN-TWQ-1 Avenger surface-to-air missile systems, Stinger missiles, 400 grenade launchers, 100 humvees, and other artillery rounds and small arms ammunition to Ukraine as part of its latest $400 million weapons package to support the Ukrainian military. 2022-11-10
Russia avoids default on the dollar-denominated bonds that were due in April by sending dollars to foreign investors just before the grace period expired. 2022-05-3
The Central Bank of Russia limits withdrawals of US dollars, euros, British pounds and Japanese yen for Russian firms to the equivalent of $5,000, with the withdrawal of larger sums only possible with the Central Bank's permission. The withdrawn funds may only be used for covering overseas work trips. 2022-03-10
The Iranian rial hits another record low against the US dollar ahead of August 7, when the first round of fresh United States sanctions against Iran begin. 2018-07-30
An initial report on a collision between container ships MV "Tolten" and MV " Hamburg Bay" near Karachi, Pakistan, that caused millions of rupees in damage and lost cargo last month suggests errors by MV "Tolten"s captain caused the collision and better tug provision by Karachi Port would have prevented it. 2018-04-16
Anglo-Dutch consumer goods company Unilever agrees to sell the brands Ragú and Bertolli to Japanese sauce producer Mizkan for $2.15 billion. 2014-05-22
The Indian rupee hits new record low against the US dollar. The rupee fell to 62.85 rupees against the dollar. 2013-08-17
The Indian rupee hits new record low against the US dollar. The rupee fell to 62.03 rupees against the dollar. 2013-08-16
The bollywood movie "Yeh Jawaani Hai Deewani" grosses Rs 19.45 crores on opening day in India, the highest figure obtained in 2013 thus far. 2013-06-1