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Search Result for “liquidity crisis”

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BUSINESS

No end in sight to turbulence

Business, Tony Arora, Published on 18/06/2012

» India's airlines have piled up a debt load of US$20 billion and many global investors do not see reforms on foreign ownership, which might help the troubled industry, taking place anytime soon.

BUSINESS

India tightens its belt

Business, Tony Arora, Published on 28/05/2012

» Finance Minister Pranab Mukherjee has warned of unpopular austerity measures in India as the swings in the value of the rupee widen and the currency touches lifetime lows.