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ASIA CASH CRUNCH
SpiceJet seeks Supreme Court approval to submit land title as securitySpiceJet has challenged the Delhi High Court's May 4 and March 18 orders rejecting its request to furnish an unencumbered plot of land in G...- West Asia war: Amid gloom and doom in Surat and Tiruppur’s textile clusters, one industry offers hopeAs the West Asia conflict drags down most sectors in India’s two major textile hubs, one segment in Surat is opening up new opportunities
- From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...
- Gig worker shortage continues; IT weathers war jittersHappy Monday! Quick commerce, ecommerce and home service platforms are facing gig worker shortages. This and more in today’s ETtech Morning...
- Delhi HC gives SpiceJet 4 more weeks to deposit Rs 144 crore, rejects property offerSpiceJet has received a four-week extension from the Delhi High Court to deposit Rs 144 crore. This payment is part of an ongoing arbitrati...
- SpiceJet faces cash crunch, offers immovable property as security in Delhi HC arbitration caseSpiceJet faces a liquidity crunch. The airline proposed submitting a property deed worth ₹148 crore as security in a share transfer dispute...
- Impossible trinity problem causes a cash crunch in AsiaChina's overnight and seven-day repo rates surged in February, while bond investors took losses from a sharp rise in yields. Banking liquid...
- ‘Impossible trinity’ conundrum has caused a cash crunch in AsiaCentral banks in China, India, and other Asian countries are struggling to manage their currencies and economic growth amid a strong dollar...
- No rush for cash, it was business as usual in MumbaiAcross the sprawling metropolis where high-net-worth stock and bond investors and traders jostle for space in commuter-train coaches during...
- Digital not here, there and everywhere, cash still realWhile digital payments have picked up and a range of options is now available, its growth needs to be stronger to wean people away from usi...
- RBI signals end of easing cycle, may be in for a nasty surpriseRBI predicted a sharp recovery, echoing assurances of a transient slowdown made last week by the FM as he pledged to rein in Asia’s widest ...
- Cash crash: Consumption shrinks big time on liquidity squeezeWith very little cash at their disposal, consumers not only put their leisure plans on hold, but also cut back on purchase of durables and ...
- Embassies threaten retaliatory measure for Indian diplomats after cash banEmbassies from the Gulf too are facing hardships as several of their nationals are here on medical visas, sources said.
- Mobikwik partners NHAI to allow users pay toll using m-walletThe scarcity of physical cash is expected to impact the smooth traffic at tolls after this date, given that masses are still struggling to ...
- Notes ban to have negative impact on growth in short run: FitchThe impact on GDP growth is going to be negative in the short run and depends to a large extent on how long the cash crunch is going to tak...
- Demonetisation: Advertisers may pull plug on deals worth Rs 700 croreVikram Sakhuja, Group CEO of Madison Media, says the situation on the ground is difficult and December is going to see a negative impact.
- Apple counts more cash than many countriesIndeed, the cash piles of some of the biggest corporations rival those of some of the major economies around the world.
- World's super-rich focus on safe investmentsThe credit crunch has scared even the world's richest people into sticking their assets in safe havens.
- Real estate sector facing severe cash crunchFacing a 50-70% cash shortfall, realtors pick up funds from unorganised market at 35-50% and may go slow on projects. Loan against property...
- Asia-Pacific exporters to be hardest hit by US financial turmoil: UNAsia-Pacific economies are entering a phase of "heightened uncertainty" with export-led countries to be hardest hit by the ongoing financia...
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