Abstract Science Construction’s business is in planning, developing and building road projects. The major of its clients are municipalities, city governments, and other public sector entities. While the bankruptcy rates for these clients is very low, when economic downturns happen, their ability to pay in a timely fashion also suffers. This leads to businesses such as Science Construction needing to take on additional debt and to find creative methods in order to stay afloat during times of recession. Methods such as selling accounts receivables at discounted rates and taking larger lines of credit through banks and other lending institutions are some of the ways organizations can remain viable when their cash inflows have turned into a trickle. Science Construction is asking the Turkish Courts to postpone their bankruptcy proceedings for a year while they attempt to restructure. Through this, suggestions such as forcing shareholders to pay their debt to the organization, gaining credi...
Recent reports suggest that Indian stock index (SENSEX) is not likely to renege in near future. Rather it is likely to rise further slowly; not drastically. There several contradictory factors are involved in Indian economy. On one hand the rising inflation, on the other the increasing demand of engineering goods, automotives. The domestic car sells rose to its pick during last festive season. In tandem with the demands for accessories, tyre, steel, air-conditioners and plastic goods are rising. Recently the Reliance Industries found the oil source in Cambey bay, which is their second biggest finding in recent past. This pushed the share price of Reliance last week and that followed by several others pushing the SENSEX around 17000.
At the same time gradually the rate of export is receding because of global, especially US demand slump. This is alarming; oil price in global crude market touched $80 per barrel will result in India’s net forex outflow adding fuel to inflation. This may force to increase the rate of interest in near future. The draught during the first phase of monsoon may hit the agriculture production. Furthermore the government package what was given to tide over recession has to be checked. Obviously this may cause the domestic demand slump.
All these factors will regulate the market according to their respective forces; the favorable ones will push the market to higher level, where as the negative factors will pull down the market. So it is uncertain and difficult to determine which one will rule. So the best is sell that fetches profits for you and buy what still promise further rise and still lying low. Or just wait and watch.
At the same time gradually the rate of export is receding because of global, especially US demand slump. This is alarming; oil price in global crude market touched $80 per barrel will result in India’s net forex outflow adding fuel to inflation. This may force to increase the rate of interest in near future. The draught during the first phase of monsoon may hit the agriculture production. Furthermore the government package what was given to tide over recession has to be checked. Obviously this may cause the domestic demand slump.
All these factors will regulate the market according to their respective forces; the favorable ones will push the market to higher level, where as the negative factors will pull down the market. So it is uncertain and difficult to determine which one will rule. So the best is sell that fetches profits for you and buy what still promise further rise and still lying low. Or just wait and watch.
Comments
Once again, great post. How do you feel about online fx trading in India? Feel like there's anything to gain from it? too risky? too much luck?? im interested in your thoughts.