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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
After Fitch downgrade, Moody's lowers China outlook

Apr 16, 2013

After Fitch downgrade, Moody's lowers China outlook

Moody's Investors Service on Tuesday affirmed China's government's bond rating of Aa3 but cut the outlook to stable from positive, the second pessimistic revision by a foreign ratings agency this month. #Economy #China #Moody's #ExpertView #Fitch #Ratings Downgrade

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After Fitch downgrade, Moody's lowers China outlook

Jun 30, 2014

IT spending growth to be slower than expected in 2014 due to pricing pressure, Gartner says

IT research firm Gartner has cut its forecast for global IT spending by about one-third for this year, blaming a tougher competitive environment and subsequent pressure on vendors to lower prices. Spending will rise 2.1 percent to US$3.7 trillion in ...
After Fitch downgrade, Moody's lowers China outlook

Jun 13, 2014

Fitch, S&P downgrade South Africa's bond rating and outlook

Two global agencies downgraded South Africa’s bond rating and outlook on Friday as the country's economy suffers through a crippling 5-month-old strike by platinum miners...
After Fitch downgrade, Moody's lowers China outlook

Jul 08, 2014

Dowling College warned its accreditation may be in jeopardy

A nongovernmental agency that accredits institutions of higher learning has warned Dowling College that it must meet a list of 14 required standards or risk losing its accreditation. The Middle States Commission on Higher Education told Dowling on Ju... #Dowling College #Moody's #Gary, IN