Default

RECENT NEWS
Forbes  May 20  Comment 
The 2016 global corporate default tally has shot to 72, with 10 issuers defaulting during the week, eight of those coming from the energy/commodities sectors, according to S&P Global.
Reuters  May 19  Comment 
Beleaguered Canadian drugmaker Valeant Pharmaceuticals International Inc said it received a notice of default from bondholders for the delay in filing its first-quarter report.
TechCrunch  May 19  Comment 
 After Google’s decision not to provide end-to-end encryption by default in its new chat app, Allo, raised questions about the balance of security and effective artificial intelligence, one of the company’s top security engineers said he’d...
TechCrunch  May 18  Comment 
 Google announced its new messaging app Allo at its I/O developers conference today, and it looks pretty cool. It’s a feature-rich interface with graphics and doodles, and it works with Google Assistant to make suggestions and schedule plans....
Clusterstock  May 18  Comment 
A huge wave of sovereign defaults might be coming Join the conversation about this story » NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy
The Economic Times  May 17  Comment 
Mallya had offered to deposit Rs 6,868 crore to the Supreme Court, but the proposal was rejected by lenders as banks demand no less than Rs 9,000 crore.
The Economic Times  May 14  Comment 
The higher-than-expected inflation numbers dashed hopes of any further rate cut and the results dragged down share prices even further.
The Times of India  May 13  Comment 
Nearly Rs 7,000 crore of fourth quarter losses reported by six public sector banks on Friday showed that the bad loan problem for banks is far from over.




 

Default refers to the failure to pay his or her debt on a timely basis or to comply conditions of an agreement or an obligation. Some example of default are loan defaults which the borrower does not pay back his loan on the date agreed with the bank.

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