Outlook on economy negative: Standard & Poors threatens Indias - TopicsExpress

Outlook on economy negative: Standard & Poors threatens Indias next govt with Downgrade Standard & Poors Thursday warned that India could slip from investment to junk grade after the general election due next year “if the government that takes office does not appear capable of reversing India’s low economic growth”. The largest global credit rating agency retained, for now, the sovereign credit rating for India at the bottom rung of investment grade but with this negative long-term rating outlook.

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