In a significant development aimed at keeping Go First, the troubled Indian airline, afloat, the company's lenders have granted approval for interim funding of around Rs 400 crore, according to Moneycontrol, citing sources familiar with the matter.

Go First receives Rs 400 crore interim funding from lenders, DGCA approval awaited

The U.S. Federal Trade Commission (FTC) has sought a preliminary injunction to temporarily halt Microsoft's acquisition of video game giant Activision Blizzard, Reuters reported.

FTC vs Microsoft: High-stakes battle over $69 billion acquisition

Tata Consultancy Services (TCS), one of India's leading IT firms, has been thrown into turmoil as a bribery scandal involving senior personnel has come to light.

TCS in turmoil: Bribery scandal rocks India's IT giant

Fears of persistent high inflation, slow wage growth and high mortgage rate have forced the Bank of England to raise the interest rate by 0.5 percent to a 5 percent.

Bank of England hikes interest rate to 5%, highest since 2008

China has announced an unprecedented tax break package of $72 billion aimed at propelling the growth of the electric vehicle (EV) industry, Reuters reported. The move comes as the country seeks to revitalize its economy and counter slower auto sales.

China's shock and bolt: $72 Billion tax breaks turbocharge Electric Vehicle market

United States Fed chair Jerome Powell on Wednesday said that lending rate hikes may continue in the future but at a slower pace. Powell made this statement while speaking at a Congressional hearing on financial services.

U.S. Fed chief Jerome Powell hints at future rate hikes

In a recent survey by the European Union Chamber of Commerce in China, cited by South China Morning Post (SCMP), European businesses have reported a significant decline in optimism regarding China's Greater Bay Area.

European businesses express concerns over optimism plunge in China's Greater Bay Area

Tata Consultancy Services (TCS), a prominent Indian IT services company, has announced a major partnership with the National Employment Savings Trust (Nest), the largest workplace pension scheme in the UK.

TCS wins big: Nest Pensions set for a $1 billion tech transformation

Air India has solidified its position in the global aviation market with the finalization of an unprecedented deal for 470 aircraft from industry giants Airbus and Boeing, Reuters reported.

India 'Show stopper' at Paris air show: Air India finalises mega deal for 470 planes

Pakistan's persistent struggle to purchase liquefied natural gas (LNG) from the spot market took a disappointing turn as their latest attempt ended without any suppliers offering cargo, Bloomberg reported.

‘Fuel’ling Frustration: Pakistan's Attempt to Secure LNG Cargo in Spot Market Falls Flat

As the threat of El Nino effect looms large, financial institutions and farmers in India are increasingly concerned about its potential consequences on agricultural loans.

Financial Institutions on high alert as El Nino poses risk to farm loans, says report 

Chinese financial firms are undertaking a significant austerity drive as the government seeks to address income inequality and combat corruption within the sector, Reuters reported.

New era of accountability: China’s financial sector adopts austerity measures

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Zee News Rajasthan

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