Rocky road ahead for India, says Standard & Poor's
Global rating agency Standard and Poor's, on Wednesday, cautioned that large deficit economies including India could face more economic problems in the near term.
Moody's maintains stable outlook on India
Moody's will retain its 'stable' outlook on India, expecting economic growth to improve on the back of consumer demand, although the country is still constrained by its fiscal deficit, an analyst at t
Judging the impact of a junk-rated India: not as bad as it looks
As India faces the prospect of being the first BRICS country to lose its investment-grade credit rating, investors have already delivered their verdict: to them, the country already trades at 'junk' w
Moily hits out at rating firms for lowering India's outlook
Hitting out at global rating firms for downgrading India's credit outlook, Corporate Affairs Minister Veerappa Moily on Wednesday said there was no 'economic tsunami' in the country and they should re
India appalled at S&P junk credit suggestion
Minister of State for Planning Ashwani Kumar defended India on Thursday, saying its expected growth rates and projects to boost internal trade and development do not warrant a junk status credit ratin
S&P says India may lose investment-grade rating
Slowing GDP growth and political roadblocks to economic policymaking are just some of the factors pushing up the risk that India (unsolicited BBB-/Negative/A-3) could lose its investment-grade rating.
India in talks for higher rating with Fitch: official
India is trying to press for a ratings upgrade with officials at Fitch Ratings agency, who are in New Delhi to take stock of the economy, a government official said on Thursday.
"We pitched for an up
India has leeway to get reforms on track - Moody's
India has some leeway to get reforms back on track with its long-term growth prospects firm, Tom Byrne, a senior vice-president of rating agency Moody's Investors Service, said on Wednesday.
"There i
Storm clouds gather over India economy
India's economic star is fading fast as a spluttering economy and reform paralysis put the country's prized investment-grade rating at risk and spook foreign investors.
The latest bad news came on We
India's financial system still strong, says RBI deputy governor
India's financial system was strong and there was nothing to worry about, Reserve Bank of India (RBI) Deputy Governor K.C. Chakrabarthy said on Thursday after Standard & Poor's (S&P) scaling down of t