Day: May 3, 2023

Federal Reserve

Fed Reserve raises interest rate by 0.25%, signals end of rate hike cycle

The US central bank – Federal reserve -- has raised interest rates to the highest in 16 years as it...

Credit Suisse

Credit Suisse asks CoC not to approve Reliance Capital resolution plan

Switzerland-based Credit Suisse has asked the Administrator in the Reliance Capital corporate insolvency resolution process (CIRP) to not proceed with...

Cape Town Convention

GoFirst Airlines owes Rs 6,521 crore to banks

GoFirst Airlines owes Rs 6,521 crore to its financial creditors, according to insolvency filings made by the airline in the...