BBCNEWS Asia Business Report June 4, 2024 01:34:00
Inflation was way too high and warned that there could be further rate hikes. the bank's governor acknowledged that inflation is now past its peak, but it will take a while for it to fall back into the bank's target range of 2—3%. indian low—cost carrier go first filed for bankruptcy owing to a severe cashflow crunch. the airline has blamed its us engine supplier pratt & whitney for not supplying working engines, which resulted in the airline's downfall. pratt & whitney said it was committed to the success of its business customers. india business correspondent archana shukla filed this re...