Scandals, Bad Debts at India Banks Threaten Economic Outlook

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Scandals, Bad Debts at India Banks Threaten Economic Outlook

Bhanumurthy for now forecasts GDP growth of 6.5 percent for the current fiscal year ending March 2019, although he fears the numbers could go even lower. His estimate is already below last year's 6.6 percent and as well as the most pessimistic forecast of 6.9 percent in a Bloomberg survey.
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European banks take opportunity to boost bad loan coverage

Southern European banks have taken more than €14bn in extra provisions this year to write down the value of toxic loans they plan to sell, while taking advantage of a new accounting rule to delay the hit to capital. Analysts say the opportunity for banks to “have their cake and eat it” by taking extra
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Chesapeake Energy: Blind Faith In The Future

Cash flow has not and is not projected to be able to meet both the preferred payments and the capital budget. Oil production for the Eagle Ford will show minimal growth.
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Global Trust Accounting Software Market Investment Trends, Regulations and Company Profiles …

The Global Trust Accounting Software Market 2018 report is detailed study of overall Trust Accounting Software market including introduction of product, definition, scope, Trust Accounting Software global sale, and forecast up to 2025. The Trust Accounting Software Market report is the extensive
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American Brands at War With Alibaba Over Visibility, AP Reports

Shanghai (AP) — It was looking like a banner year for business in China. The U.S. clothing company was expecting a 20 percent jump in online sales on Alibaba's Tmall, thanks to the e-commerce giant's massive reach. But executives soon learned that what Alibaba gives, it can also take away.
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