United Airlines to raise $659.1 million in debt on 31 aircraft; most of it refinancingOctober 5th, 2009 United Airlines to borrow $659.1M against aircraftCHICAGO — United Airlines said on Monday it plans to borrow $659.1 million against 31 of its planes, most of it to refinance debt from 2001. The company said paying off the old debt will cost about $556 million plus fees.
Summary Box: FDIC weighs steps, including loans from banks, to shore up insurance fundSeptember 22nd, 2009 Summary Box: FDIC weighs steps to shore up fundTHE PROBLEM: The fund to insure deposits has been depleted by bank failures since the financial crisis struck. THE OPTIONS: Regulators could borrow billions from healthy banks, levy an extra fee on the industry, borrow from Treasury or collect banks' insurance premiums early.
Organizers cancel Serbia gay pride march after authorities say they cannot guarantee safetySeptember 19th, 2009 Organizers cancel Serbia's gay pride marchBELGRADE, Serbia — Organizers have canceled Serbia's gay pride march after authorities said they could not guarantee protection for the event from extremist groups. The gathering was to be Serbia's first gay pride march since 2001.
Mo. projected to borrow more than $2.7B from feds over 5 years to pay jobless benefitsSeptember 2nd, 2009 Mo. projected to borrow $2.7B for jobless benefitsJEFFERSON CITY, Mo. — Missouri may have to borrow more than $2.7 billion from the federal government to pay unemployment benefits over the next five years.
Cabinet approves relaxation of borrowing normsAugust 20th, 2009 NEW DELHI - The Union Cabinet today approved the relaxation of the Debt Consolidation and Relief Facility (DCRF) guidelines, to enable the States to borrow upto four percent of their respective Gross State Domestic Product (GSDP) during 2009-10. The States will not lose the benefits of DCRF, provided they are in compliance with this modified fiscal deficit target.
Govt. hikes paddy minimum support price by Rs 100; pulses by Rs.240 per quintal(Lead:Hikes)August 20th, 2009 NEW DELHI - The Government on Thursday announced a big increase in the minimum support price of the kharif crop. The minimum support price (MSP) for the common variety of paddy has been hiked by 100 rupees per quintal, while for pulses, the MSP has been raised by 100 rupees per quintal.
Paddy minimum support price hiked by Rs 100; pulses by Rs.240 per quintalAugust 20th, 2009 NEW DELHI - The Government on Thursday announced a big increase in the minimum support price of the kharif crop. The minimum support price (MSP) for the common variety of paddy has been hiked by 100 rupees per quintal, while for pulses, the MSP has been raised by 100 rupees per quintal.
Banks borrow more from Fed's emergency program; investment cos. take pass for third weekJune 4th, 2009 Banks borrow more from Fed; investment cos. noneWASHINGTON — Banks boosted borrowing from the Federal Reserve's emergency lending program over the past week, while investment firms took a pass for the third straight week.
Airlines' March on-time performance better than year ago, but worse than February of this yearMay 12th, 2009 Airlines' on-time performance improves in MarchATLANTA — U.S. airlines' on-time performance and baggage handling improved in March compared with a year ago, but was worse than in February of this year, government data released Tuesday shows.
White House: Budget deficit to top $1.8 trillion, quadruple last year's figureMay 11th, 2009 White House: Budget deficit to top $1.8 trillionWASHINGTON — With the economy performing worse than hoped, revised White House figures point to deepening budget deficits, with the government borrowing 50 cents for every dollar it spends this year. The deficit for the current budget year will rise by $89 billion to above $1.8 trillion — about four times the record set just last year.
Treasury needs to borrow $361 billion in April-June quarter, record amount for that periodApril 27th, 2009 Treasury needs record $361B April-June borrowingWASHINGTON — The Treasury Department said Monday it will need to borrow $361 billion in the current April-June quarter, a record amount for that period. It's the third straight quarter the government's borrowing needs have set records for those periods.
How the Dow Jones industrials have fared each trading day since fall of Lehman BrothersApril 21st, 2009 The Dow Jones industrials' moves since Lehman fallHow far the Dow Jones industrial average has fallen or advanced each trading day since Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection on Sept.
More stimulus packages unwarranted: Reserve Bank of India chiefMarch 26th, 2009 NEW DELHI - Another stimulus package to help India's recession-hit economy would put pressure on the credit markets, Reserve Bank of India (RBI) Governor D. Subbarao said here Thursday.
States allowed to borrow Rs.300 bn more next fiscalFebruary 27th, 2009 NEW DELHI - The central government Thursday approved the relaxation of fiscal deficit targets of states for the next financial year by allowing them to borrow up to 3.5 percent of gross state domestic product (GSDP), resulting in an additional borrowing capacity of Rs.300 billion (Rs.30,000 crore). This extends the relaxation provided in January for 2008-09 as part of the second stimulus package.
Indian National Lok Dal to start anti-government marchJanuary 10th, 2009 CHANDIGARH - The Indian National Lok Dal (INLD) will organise a monthlong foot march in Haryana to protest against the ruling Congress government in the state. 'We will start our 30 day padyatra (foot march) on January 14 and culminate it on February 12.
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