September 27, 2021 17:48 pm
KATHMANDU, Sept 27: The Special Court on Monday asked for a bailout amount of Rs 5 million from Chudamani Sharma, former Director General of the Inland Revenue Department (IRD). Sharma has been accused of revenue leakage worth over Rs 1 billion.
July 2, 2019 06:00 am
KATHMANDU, July 2: Prime Minister KP Oli has said the government will not inject funds in the crisis-ridden Nepal Airlines Corporation (NAC) under the existing circumstances.
May 13, 2019 13:12 pm
ISLAMABAD, May 13: The Pakistani government and the International Monetary Fund (IMF) have reached an agreement on a bailout package for Pakistan; international media reported.
April 3, 2019 18:30 pm
NEW DELHI, April 3: India’s Jet Airways has been forced to ground more than three quarters of its fleet after failing to pay lessors, as the debt-laden carrier struggles to secure bailout funds promised by state-run banks.
October 12, 2018 14:00 pm
PAKISTAN, Oct 12: Commenting on the news that Pakistan is to request a $7 billion bailout from the IMF, Tim Jones, economist at the Jubilee Debt Campaign said: “Pakistan has received IMF bailout loans for 33 of the last 46 years.