Tata Group faces long struggle to transform Air India

Air India, acquired by the Tata Group last year, has agreed a massive order with Airbus and Boeing for new planes

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Iran’s budget will increase social welfare spending

The 2023/24 budget plans to increase total spending by 43% year on year, sharply widening the overall deficit

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President Luiz Inacio Lula da Silva's cabinet includes three potential successors, with different economic approaches

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The budget for 2023 is designed to please the IMF, from which Colombo is working hard to secure a bailout

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The many strains the country is under show no signs of easing

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The president is yet to secure a desperately needed IMF bailout but has delivered a promised constitutional amendment

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Ethiopia is opening its banking sector in a bid to boost foreign exchange inflows

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Work has begun on Brazil's National Water Resources Plan for 2022-40 in the wake of last year's drought

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While engaging with the IMF over a desperately needed bailout, the new president promises political reforms

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The partial privatisation of electricity giant Eletrobras last month was Brazil's second-largest privatisation

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