Relief for Go First, Lenders Approve Interim Funding of Rs 400 Crores

Go First Aircraft
In a massive relief for cash-strapped Go First, lenders have approved an interim funding of Rs 400 crore for the carrier, which is grounded for nearly two months now. The Committee of Creditors (CoC), which includes the Central Bank of India, Bank of Baroda, Deutsche Bank, and IDBI Bank, has approved the request for additional funding. The funding has been approved to normalize Go First's business plan and operations.

Bhutan Reduces Daily Tourist Taxes to Encourage Longer Stays

Bhutan Reduces Daily Tourist Taxes
Bhutan, the Land of Happiness, is lowering its daily tourist taxes in a bid to boost visitor numbers after the pandemic. The reduced fees apply to tourists staying for more than four nights and aim to increase revenue from the tourism industry. Find out the details of this initiative, including eligibility criteria and the impact on Bhutan's economy and conservation efforts.

Germany Passes New Immigration Law to Attract Skilled Workers

Germany New Immigration Law
The German parliament has approved a new immigration law reform, paving the way for increased job opportunities for non-EU citizens and the integration of refugees. While conservative lawmakers have raised objections, proponents emphasize the positive economic impact and crucial changes introduced by the reform, such as the "opportunity card" and relaxed degree recognition requirements.