BBCNEWS Asia Business Report June 4, 2024 23:34:00
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 awhile for it to fall back into the bank's target range of 2% to 3%. indian low—cost carrier go first filed for bankruptcy with the country's national company law tribunal owing to severe cash flow crunch. the airline has blamed its us engine supplier pratt & whitney for not supplying working engines, which resulted in the airline's downfall. it has also cancelled flights for the next three days. go first becomes the second airli...