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India downgrade not on the cards, says Moody's

Jan 16, 2014

India downgrade not on the cards, says Moody's

An India downgrade is not on the cards, Bloomberg reported, citing Moody's rating analyst Thomas Byrne. #Moody's #Downgrade #ExpertView #Indian Economy
S&P rating alert: Hung parliament can trigger a downgrade

Dec 12, 2013

S&P rating alert: Hung parliament can trigger a downgrade

India's sovereign rating may come under pressure if general elections due by May next year end up with a hung parliament or with a government unable to push through reforms, Standard & Poor's said on Wednesday. #S&P #India #Reforms #rating downgrade #Hung Parliament
Slowing economy may force Chidambaram to wield budget knife

Oct 03, 2013

Slowing economy may force Chidambaram to wield budget knife

The finance minister may have to slice at least Rs 20000 crore from government spending to prevent a budget blow-out, which could threaten to send the country's credit rating into "junk" status, two ministry officials said. #GDP #finance ministry #Chidambaram #budget cuts #rating downgrade
Govt taking reform measures, India won't be dowgraded: Rangarajan

Sep 13, 2013

Govt taking reform measures, India won't be dowgraded: Rangarajan

"The rating agencies have been talking about the reforms having been put on the back burner. But that is no longer true. Many important legislations were passed (recently) ... Therefore, I would think the rating agencies have no case for any downgrading," he said in reply to a query after release of the 'Economic Outlook 2013-14' report. #Economy #Rangarajan #WhoSaidWhat #rating downgrade #Reform measures
Only big-bang diesel hike can save India from a downgrade

Sep 03, 2013

Only big-bang diesel hike can save India from a downgrade

Any under-recovery leads to a higher expenditure for the central government and thus a higher fiscal deficit. A higher fiscal deficit needs to be controlled by increasing the price of diesel. #India #Diesel #Growth #Oil marketing companies #rating downgrade

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Who did SBI in? Govt must look in the mirror for answer

Oct 05, 2011

Who did SBI in? Govt must look in the mirror for answer

Instead of decrying Moody's downgrade of State Bank of India and India, the government should look for a different villain - and look in the mirror #State Bank of India #SBI #Moody's #Downgrade #PIIGS #Crying Wolf
Life after downgrade: Still some silver linings?

Aug 08, 2011

Life after downgrade: Still some silver linings?

The bright side of the S&P downgrade of the US is that the RBI will start easing up on interest rates. #United States #S&P #Finance #Interest rates #Debt crisis #Downgrade

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Life after downgrade: Still some silver linings?

Aug 29, 2014

S&P snips American Apparel credit rating amid debt concerns

Standard & Poor's Rating Services downgraded American Apparel Inc.'s credit rating amid concerns that the troubled retailer will be forced to restructure its debt... #Standard & Poor's #American Apparel
Life after downgrade: Still some silver linings?

Aug 13, 2014

Forrester downgrades 2014 global IT spending forecast, citing weak first half

Forrester has cut its worldwide IT spending forecast for this year, saying growth will be 3.3 percent in U.S. dollars, rather than 6.2 percent. Total spending will be US$2.2 trillion. The analyst firm blamed a weak first half for its downgrade, but s... #Standard & Poor's #American Apparel
Life after downgrade: Still some silver linings?

Aug 05, 2014

It's Been 3 Years Since S&P's U.S. Downgrade

It was three years ago that Standard & Poor's made the unprecedented move of downgrading the U.S. credit rating from AAA to AA+... #Standard & Poor's #Charles Brady