World Bank sees India's FY21 GDP growth at 1.5-4%

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World Bank sees India's FY21 GDP growth at 1.5-4%

India’s economic growth is likely to range between 1.5% and 4% in FY21 depending on the severity of the spread of covid-19 pandemic and the duration of the ongoing nationwide lockdown announced by the government, the World Bank said on Sunday.
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Baton Rouge area People in Business for April 12, 2020

The Lafayette native has more than 30 years of experience in accounting, billing and office management. She is a 1988 graduate of the University of
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People's Bank of China picks up 1% stake in lending major HDFC

In a major development for the Indian financial sector, the People’s Bank of China has acquired a 1.01 per cent stake in the lending major Housing Development Finance Corporation (HDFC). The central bank of China has acquired nearly 17.5 million shares …
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FASB issues Q&As to clarify pandemic lease accounting issues

The entity can elect to apply or not apply the lease modification guidance in FASB Accounting Standards Codification Topic 842, Leases, or Topic 840,
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Treasury briefing US airlines on $32 billion grant program -sources

WASHINGTON/CHICAGO, April 10 (Reuters) – U.S. Treasury Secretary Steven Mnuchin is holding calls with airline CEOs throughout the day and could announce details of a $32 billion payroll grant package later this afternoon, people briefed on the matter …
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