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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
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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
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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
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Rediff
S & P warns India of rating DOWNGRADE
Image: A labourer carrying tomatoes walks along a roadside near a wholesale vegetable market in the old quarters of Delhi. Photographs: Anindito Mukherjee/Reuters Global agency Standard & Poor's on Friday warned that it may downgrade India's sovereign ra #India #New Delhi #Standard & Poor's
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Business Day
SA downgrade not a done deal, says Moody’s
Thami Mazwai: Business has not seen BEE as a tool to uplift blacks, which is what it was about in the first place Nigerian president declares state of emergency in three states, ordering in more troops to try to stem increasingly violent Islamist insurge #Lonmin #Grant Thornton International #Mumbai
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Deccan Herald
S&P warns India of rating downgrade;Govt says nothing to worry
Global agency Standard & Poor's today threatened to downgrade India's rating to 'junk' status if it fails to pursue reforms, "disappointing" the government which retorted by saying the international investors hold a different view and there was nothing t #India #Standard & Poor's




