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Saturday, January 10, 2026
TopicInsolvency

Topic: Insolvency

SC allows ‘project-wise resolution’ for Supertech: What order means & how it will help buyers

Bringing every project of Supertech under insolvency proceedings will put homebuyers in a state of uncertainty & ‘cause immense hardship’ to them, says top court.

‘No plans to file for insolvency’: SpiceJet starts process to revive grounded fleet with $50 million

SpiceJet had earlier announced that 25 grounded aircraft will be revived using funds from the government's Emergency Credit Line Guarantee Scheme.

Go First suspends flight bookings till 15 May, DGCA orders timely refunds for passengers

DGCA says it examined Go First's response & is committed to minimising passenger inconvenience in view of abrupt decision to suspend scheduled operations without prior intimation.

US engine-maker flags Go First’s ‘lengthy history’ of non-payment after being blamed for insolvency

Low-cost carrier Go First on Tuesday alleged it had to ground 25 aircraft or about 50% of its Airbus A320neo aircraft fleet — as of 1 May — due to issues with Pratt & Whitney engines.

On Camera

Global economic growth to slow in 2026 as Trump’s tariffs bite, UN says

The global economy is forecast to expand 2.7% this year, down from an estimated 2.8% in 2025. Growth is expected to go back up to 2.9% by 2027.

2025: Pakistan’s deadliest year in over a decade

Islamabad-based think-tank PICSS's new report says Pakistan saw 'pronounced escalation' in violence last year, with 3,413 conflict-related deaths compared to 1,950 in previous year.

A year-end Mea Culpa in National Interest—The Army-Islam combo doesn’t kill democracy

Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.