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Govt says 'nothing to worry' despite S&P's threat to downgrade India
While retaining India's sovereign rating at 'BBB-' with a negative outlook citing high fiscal and current account deficits, S&P said there is at least a one-in-three likelihood of a downgrade within the next 12 months. #WhoSaidWhat #Raghuram Rajan #Standard and Poor's #India rating
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Food security costs understated, says Raghuram Rajan team member
A senior economist in the office of the chief economic advisor, points out why Food Bill will cost more than it is assumed. #Economy #Business #UPA #CriticalPoint #Raghuram Rajan #Food Security Bill
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Govt examining all possibility to raise FDI ceiling to up inflows :Rajan
Chief Economic Advisor Raghuram Rajan today said the government is examining all possibility of raising foreign direct investment ceiling in various sectors to help increase inflows and prop up economic growth #TheySaidIt #Raghuram Rajan #WPI inflation #FDI in retail #IKEA #CAD #CPI Inflation
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Economic TimesGovt attacks S&P’s rating outlook
NEW DELHI:The government on Friday shot back at Standard & Poor's reiteration of a possible downgrade of India's sovereign rating, going to the extent of questioning the agency's methodology. In the afternoon, S&P issued a statement, listing out a series #India #Standard & Poor's #New Delhi
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Calcutta TelegraphSandP sticks to gloomy outlook
New Delhi, May 17: Standard & Poor’s today reiterated its negative outlook on India’s credit rating and warned of a downgrade, much to the surprise of the government and industry. The New York-based rating agency said there was a one-in-three chance of t #India #New Delhi #Hong Kong
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DDI NewsGovt sets up 6-member panel to measure backwardness of states
Amid demands for special category status by Bihar, the Centre on Wednesday set up an expert committee to evolve a composite index to measure backwardness of states, the 6-member committee headed by Raghuram G Rajan, Chief Economic Adviser would submit it #Palaniappan Chidambaram #Nitish Kumar