Jet Airways, which has defaulted for the first time, needs to raise at least $250-300 million immediately to pay off its dues to lenders and other vendors
3 min read22 Jan 2019Icra lowers credit ratings on Jet Airways' short-term and long-term loan facilities, citing weakened financial performance as it is unable to pass on rise in jet fuel prices to the customers
2 min read29 May 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared