Sovereign Credit

In a credit FAQ titled 'Can India Sovereign Ratings Withstand The Global Sputter', S&P said despite India's strong external balance sheet, it has not been able to escape the difficult landscape the rest of its emerging market peers have faced over the course of the year and 'more severe conditions', could apply downward pressure on India's sovereign credit ratings.

Drought can hit India more than other Baa nations: Moody's

Even in years when drought doesn't actually occur, the annual uncertainty around agricultural output constrains monetary policy making as highlighted this year, the report says.

India needs good rating from international agencies: Shome

India needs good rating from global credit rating agencies to help bolster foreign capital flows into the country, Union Finance Ministry advisor Parthasarathi Shome said today.

Domino effect of Greece is a possibility: Henderson Global

Christopher Palmer of Henderson Global Investors says that the market certainly have priced in practically a certainty of some form of Greek default and perhaps, a euro exit at this point.