News from other websites on Fiscal Deficit
May 19, 2013 at 14:22 | Source: Business Today
Investors keep an eye on stock movement outside the Bombay Stock Exchange. PHOTO: AP "Economy is bottoming out". This is one phrase that has been used to explain any and every rise in stock markets for the last one year. Of course, the markets, afte...
Market to take cues from FIIs inflows, corporate earnings
May 19, 2013 at 13:10 | Source: Economic Times
Vikrant Shah MUMBAI: Both the benchmark indices Sensex and Nifty closed to new two-and-a-half-year highs as data showing a sharp fall in the wholesale price inflation in April 2013 raised hopes that the RBI may cut interest rates as early as next mon...
Standard Poor's negative outlook on India unfortunate: India Inc
May 18, 2013 at 10:57 | Source: Financial Express
Expressing surprise over Standard Poor's threat to downgrade India's credit rating, industry bodies have termed the global agency's affirming its negative outlook on the country as unfortunate and harsh. Standard Poor's (S P) has warned that it may ...
Not convinced yet. S&P wants more action before upgrade
May 18, 2013 at 10:25 | Source: DNA India
Nothing much seems to have changed in India at the macro level or so feels Standard Poor s, the credit rating agency. Friday, it maintained India s sovereign credit rating at BBB- for long term and A-3 for short term. The credit outlook, which has b...
EGoM meet in 10 days on Round 3 of 2G auctions
May 18, 2013 at 10:25 | Source: DNA India
The Empowered Group of Ministers (EGoM) will meet in about 10 days to take a decision on the third round of the 2G spectrum auctions, a senior Department of Telecom (DoT) official said on Friday. The previous two auctions for the 2G spectrum band wh...
In blow for India, S&P affirms negative outlook, reforms key
May 18, 2013 at 08:23 | Source: FirstPost
Standard & Poor's reiterated its negative outlook on India's credit rating, which is one notch above "junk", warning of the need to follow through on reforms and dealing a blow to a government that had recently pitched for an upgrad...
May 18, 2013 at 02:56 | Source: Calcutta Telegraph News
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-th...
In blow for India, S&P affirms negative rating outlook
May 18, 2013 at 01:45 | Source: FirstPost
MUMBAI (Reuters) - Standard & Poor's reiterated its negative outlook on India's credit rating, which is one notch above "junk", warning of the need to follow through on reforms and dealing a blow to a government that had recently pitche...
High fiscal deficit forces S P to affirm negative outlook on India
May 18, 2013 at 00:17 | Source: The Hindu BusinessLine
New Delhi, May 17: The Government’s flurry of reform measures and the Finance Ministry’s hard sell to global credit rating majors its intention to control the deficit appear to have gone in vain. International credit rating agency Standa...
Reform or face downgrade, S&P warns India
May 18, 2013 at 00:17 | Source: DomainB
US rating agency Standard Poor's (S P) today warned India of an impending downgrade in its sovereign rating to junk grade if the government fails to pursue reforms and check deteriorating fiscal and current account deficits. S P said its outlook on ...
Government's reform initiatives fail to persuade S&P
May 17, 2013 at 21:26 | Source: Business Today
A view of Standard & Poor's building in New York (Photo: Reuters) 'Sanjiv ShankaranCredit rating agency Standard Poor's Rating Services on Friday announced that it would retain India's sovereign rating at investment grade. But it also stuck to its p...
S P's negative outlook on India unfortunate: India Inc
May 17, 2013 at 21:26 | Source: Economic Times
NEW DELHI: Expressing surprise over S&P's threat to downgrade India's credit rating, industry bodies today termed the global agency's affirming its negative outlook on the country as unfortunate and harsh. Standard & Poor's (S&P) has warned that it ...
IMF approves �1-bn loan for Cyprus
May 17, 2013 at 19:02 | Source: DomainB
The International Monetary Fund (IMF) has approved a �1-billion (SDR 891 million) loan package to debt-laden eurozone nation Cyprus as part of the much larger bailout agreed by the European Union and the IMF earlier in March. The three-year loan h...
S&P affirms negative outlook on India: How sovereign ratings are decided
May 17, 2013 at 18:00 | Source: NDTV Profit
Global ratings agency Standard & Poor's today has affirmed its BBB minus rating with a negative outlook on India, the lowest investment grade among the BRIC group of large emerging economies. The country's large fiscal deficit...
Setback for India as Standard Poor's affirms negative outlook
May 17, 2013 at 17:37 | Source: Financial Express
Global agency Standard Poor's today warned that it may downgrade India's sovereign rating to junk grade if the government fails to pursue reforms and check deterioration in fiscal and current account deficits. While retaining India's sovereign ratin...
S&P maintains negative outlook on India, downgrade risk still
May 17, 2013 at 17:25 | Source: Business Today
Standard Poor's (S P) has reaffirmed its negative outlook on India and said there is a one-in-three chance of a downgrade within the next 12 months.However, the agency said there was scope to upgrade India's sovereign ratings if the government unlea...
S P warns India of rating downgrade; retains negative outlook
May 17, 2013 at 16:50 | Source: Economic Times
NEW DELHI: Global agency Standard & Poor's today warned that it may downgrade India's sovereign rating to junk grade if the government fails to pursue reforms and check deterioration in fiscal and current account deficits. While retaining India's so...
S P re-affirms negative outlook for India
May 17, 2013 at 16:17 | Source: The Hindu BusinessLine
New Delhi, May 17: Despite the hard-sell by the Finance Ministry, international rating agency Standard Poor’s (S P) has re-affirmed ‘BBB (minus)’ for sovereign rating. The outlook on the long-term rating remains negative. BBB (minu...
S P affirms negative outlook on India, says chances of downgrade remain
May 17, 2013 at 16:15 | Source: Economic Times
MUMBAI: Ratings agency Standard & Poor's affirmed India's sovereign rating at " BBB-minus" with a "negative" outlook, reiterating there was a one-in-three chances of a ratings downgrade over the next 12 months, a statement said on Friday. The agency ...
Losing shine: Investors taking more risks, selling gold to free up cash
May 17, 2013 at 09:42 | Source: Financial Express
Gold prices dipped Rs 550 per 10 grams in Mumbai on Thursday in line with weakness in commodity prices globally and in India. The Indian crude basket has also slipped to $100.06 which is lower than even the last fortnight�s average price of $101.2...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
