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Ahead of Budget, S&P sounds positive note on India

Jan 01, 2013

Ahead of Budget, S&P sounds positive note on India

The possibility of India losing its investment grade credit rating has receded somewhat as a result of economic reforms undertaken by the government since last September, an analyst with rating agency Standard & Poor's told Reuters on Thursday. #S&P #India #ExpertView #Credit downgrade
India faces high chances of being downgraded to junk S&P

Dec 11, 2012

India faces high chances of being downgraded to junk S&P

The Indian government's wide fiscal deficit and a heavy debt burden are the most "significant rating constraints" to the country's sovereign rating, Standard & Poor's said #S&P #India #fiscal deficit #ExpertView #Credit downgrade #Fiscal debt
Govt will struggle to meet new deficit target after dismal 2G auctions

Nov 16, 2012

Govt will struggle to meet new deficit target after dismal 2G auctions

India will struggle to meet its already swollen deficit target this year after a dismal response to this week's 2G auction and a battle to sell stakes in state companies, finance ministry officials privately concede. #GDP #P. Chidambaram #ToWhatEffect #fiscal deficit #Growth #Credit downgrade #Inflaiton
S&P downgrade Uphill battle for Spain to tackle finances

Apr 27, 2012

S&P downgrade Uphill battle for Spain to tackle finances

Spain's credit rating is still in investment grade, three notches above junk status. Nonetheless, the lower rating could increase the nation's borrowing costs #Credit rating agency #Spain #DebtCrisis #Standard & Poor's #Credit downgrade