The Economic Times  Aug 22  Comment 
Publicly traded companies in India from Oct. 1 will need to notify the stock exchange of a default on a bank loan.
The Economic Times  Aug 10  Comment 
JBF Industries is a large purified terephthalic acid (PTA) and polyester film maker.
MarketWatch  Aug 9  Comment 
The president and the Treasury secretary aren’t raising the specter of a “default” as the federal government endures another showdown over the debt ceiling.
The Economic Times  Aug 6  Comment 
The Securities & Exchange Board of India has asked rating companies to downgrade any company to ‘junk’ if it misses its loan repayment.
The Economic Times  Aug 4  Comment 
This would come into force from October 1, the Sebi said in a circular.
Wall Street Journal  Aug 2  Comment 
Investors have been bracing for a Venezuela debt default for more than a year, but fallout from the country’s widely criticized election last weekend could prove to be the tipping point.
The Economic Times  Jul 25  Comment 
The regulator is considering the timeframe within which the information has to be declared to the stock exchanges, said people with knowledge of the plan.
MarketWatch  Jul 25  Comment 
The loan default rate for risky retailers has jumped above 5% in July, according to Fitch Ratings, a spike the rating agency warned about last week. The trailing 12-month retail institutional leveraged loan default rate stood at 2.8% at the end of...
MarketWatch  Jul 20  Comment 
Fitch Ratings said Thursday the U.S. retail trailing 12-month high-yield default rate rose to 2.9% mid-month from 1.8% at the end of June, after J. Crew completed a $566 million distressed debt exchange. The overall high-yield default rate fell to...


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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