AVIATION GIANT KLM GROUP IN URGENT NEED OF FUNDS?

Highlights

• KLM planning to secure multi-billion euro out of emergency loan by Dutch government

• KLM is on the verge on removing 2,000 people with temporary contracts

• Finance minister Wopke Hoekstra expressed his confidence in KLM

In need...

Union Finance Minister supported Narendra Modi's government handling of the slowing economy

Union Finance Minister Nirmala Sitharaman strongly supported the government of Narendra Modi's handling of the slowing economy. For six straight quarters showing a sluggish rate of growth in the gross domestic product (GDP), the economy has been on a downward spiral.

Responding to a...