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

Jan 01, 2013

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

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

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

Wire

COMOPS
Upgraded Credit Rating Good for Competitiveness

2013-06-17 19:16:00

American Competitiveness is an interconnected and multifaceted issue linking our core economic and national security imperatives. One such example involves the necessity of the U.S. to retain Science, Technology, Engineering, and Mathematics (STEM) gradu #China
Christian Science Monitor
Another credit-rating downgrade for US? Less than 1 in 3 risk, says S&P.

2013-06-10 17:26:00

America’s reputation as a creditworthy borrower just got a boost: Standard & Poor’s said Monday that an improved federal budget position has reduced the likelihood of another credit-rating downgrade for the United States. To translate the Wall Street lin #Wall Street #U.S. Congress
Hurriet Daily News
S&P raises US credit rating to ‘stable’ from negative

2013-06-11 14:47:00

Standard & Poor’s has removed the near-term threat of another credit rating downgrade for the United States by revising its outlook to stable from negative, citing an improved economic and fiscal outlook. The change effectively means there is less than a #U.S. Congress #United States Department of the Treasury #Fitch Ratings

Editor's picks

Why India should have been prepared for Uttarakhand floods

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Why the political isolation of Narendra Modi is temporary

If Modi stands in splendid isolation today, it would appear that he represents a break from the consensual leader. But once again the disagreement over Modi is all about optics.
Why is the Kedarnath pilgrimage so important? Five key points

According to reports, while the temple is safe, the outer compound has been damaged and the town around the temple has suffered massive losses as it felt the full force of the rising waters.
It's batting vs batting as India take on SL in Champions Trophy

The key player battles for the Champions Trophy semi-final between India and Sri Lanka in Cardiff.

The 4 MLAs who helped Nitish Kumar keep calm and carry on

Nitish Kumar’s fate today might swing on six independents. Four of them have extended their support, and two are undecided. Here we give you the low-down on who the decision-makers might be today
Hauz Khas Village: The hypocrisy of high-end 'alternative' chic

HKV provides Delhi’s socialites and chatterati with what they need most: Obnoxious status display masked as anti-establishment virtue.
Why diversification is at the heart of a good financial future

Diversification is a risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique contends that a portfolio of different kinds of investments will, on average, yield optimally desired returns while lowering a risk that is posed by any individual investment found within the portfolio.
India lose 1-5 to Australia, crash out of Hockey World League

An error-prone India needed a miracle to topple Australia in what was the 100th international fixture between the two sides.

Lok Sabha polls 2014: Back to basics for Congress and BJP

With the playing field level, from now on it will be a battle of strategies for the Congress and the BJP
Chidu's 'Ferrari' of reforms has an autorickshaw engine

A slew of economic reforms has been promised this month, but one should not expect anything more than fancy footwork from the FM.
From a fed-up, die-hard fan: An open letter to SRK

Forget all this surrogacy business. The reason we love Shah Rukh Khan is that he’s been one of Bollywood’s smarter actors. But of late, SRK’s been a bit disappointing, complains a fed-up, die-hard fan.
Dhoni has Ganguly's touch but with a difference

Rohit, Kohli, Raina, Jadeja, Ashwin, Bhuvneshwar, Umesh – that’s the core of the Indian team today and perhaps it wouldn’t be wrong to say that they are Dhoni’s boys.

Vajpayee, Advani, Modi: Every leader has given Hindutva a twist

From Vajpayee to Advani to Modi –the Sangh Parivar has come a long way, presenting before India every few years a Hindutva face rendered presentable through a shrewd makeover
Why Nitish 'really' dumped the Modi-led BJP

While prima facie it might seem to be a clash of two strong personalities i.e. Modi and Kumar, there is much more to the split than that.
3 Indias at war: Sensex India, Maoist India, and Bharat

The current tensions in India can directly be traced to three visions of India – one of which will involve breaking the country
Last man standing: Why it's easy to feel sorry for Misbah

Sympathy for a Pakistani cricketer, especially a batsman, is a novel emotion for those of us coming from the 90s.

Fear of the unknown grips the BJP in Bihar

Although the party is maintaining a brave face, the eventuality of a split has left many leaders on tenterhooks.
In Mamata's Bengal: Zero tolerance for rape or protesting against rape?

Bengal tops the list in violence against women. There have been several reports of gang rape in the past few weeks. The Mamata government has taken quick and stern action – against the women protesting the rapes in front of the CM’s residence.
Food security: For poor’s sake, jholawalas must speak up

The subsidy to the rich accounts for more than 7 percent of the GDP while that for the poor, with the food security act, would account for 1.1 percent.
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Many patients who were administered blood from the same blood bank fear the worst.

Why a BJP-JD(U) split will be good for India

Neither UPA nor NDA is an alliance. And the BJP and JD(U) were mere power-sharers, not allies. To grow, alliances have to be built around principles not just power-sharing
Chidu takes comfort in Fitch upgrade, but where are real reforms?

At a press conference, Finance Minister P Chidambaram, however, did not reveal any concrete steps but promised more reforms by August. He said the rupee’s decline is in line with that of the currencies of other countries with high current account deficit like India.
Why cutting interest rates will have little impact on industrial production

The index of industrial production (IIP), a measure of the industrial activity in the country, grew by a meagre 2% in April 2013, in comparison to the same period during 2012. The index was expected to grow by around 2.4% (source: India: Weak growth and sticky retail inflation. Sonal Varma and Aman Mohunta, Nomura). In [...]
Why 'Sir' Ravindra Jadeja is a people's genius

If one was simply to go by numbers, young and jolly Jadeja is on course to be a great. That’s not overrating him — it’s the simple logic of statistics one cannot argue against.