IATA Says GST notices to foreign airlines could “dampen India’s aviation potential”

IATA Says GST notices to foreign airlines could “dampen India’s aviation potential”

The airlines include British Airways, Lufthansa, Oman Air, Emirates and Singapore Airlines . File. | Photo Credit: Reuters The global trade body for airlines has expressed its “disappointment” over show-cause notices to 10 international airlines over GST dues of ₹10,000 crore, which it has called “flawed”. It has warned that the move could “dampen and risk … Read more

We inherited $7 billion unpaid FX — Cardoso

We inherited  billion unpaid FX — Cardoso

The Central Bank of Nigeria’s (CBN) Governor, Olayemi Cardoso, on Monday, said he met about $7 billion forex backlog when he assumed office. The CBN governor disclosed this while speaking during an interview on Arise Television on Monday. “We met about $7 billion in unpaid forex when we assumed office,” he said, noting that the … Read more