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Budget 2015 may peg FY16 GDP growth at around 8%According to ET Now sources the government sees growth prospects bettering in the next financial year and will target a much higher growth ...- India’s lower income, weak fiscal position weigh on S&P ratingsIndia’s improving macro-economic fundamentals such as easing inflation, declining current account deficit, pickup in growth as well as good...
- S&P: India's sovereign credit metrics weak; government's execution of reforms critical"Higher growth in real per capita GDP, stronger fiscal and debt metrics are needed to enhance the sovereign's creditworthiness."
- India has turned a corner both politically, economically: S&P Associate Director Agost BenardA decisive mandate for the BJP and several measures by the new government have persuaded S&P to upgrade the outlook on the country’s rating...
- Stable outlook shows Govt’s will to implement reforms: Agost Benard, Standard & Poor’s"India's political landscape has changed in a way that will enable the government to implement its reform agenda."
- S&P evaluating Narendra Modi government's policies for rating changeThey are reported to have informed the S&P about the government's roadmap to reduce fiscal deficit to 3 per cent by 2016-17.
- Budget 2014 takes steps in the right direction, but short on detail: S&PStandard & Poor's said that the commitment of the new Indian govt to maintaining the trend of fiscal consolidation would benefit the sovere...
- S&P says Nawaz Sharif win bodes well for Pakistan ratingS&P currently has a B- rating on Pak, which is a non-investment or junk grade rating and means that the country is vulnerable to adverse bi...
- Standard & Poor's rates Pakistan as B negativeCredit rating agency Standard & Poor's has rated Pakistan as B negative, citing the country's low-income economy, high public and external ...
- S&P's lowers ratings on Pak currency debtsStandard & Poor's has reduced the rating on Pakistan's senior unsecured local currency debt to 'CCC+' from 'B-', and that of the foreign cu...
- Global food crisis to hit govt finances of India, Pak: ReportThe soaring global food prices will adversely impact government finances in countries like India and Pakistan and may result in bloating of...
- Food prices pose new challenges: S&PSoaring global food prices constitute a negative exogenous shock for numerous rated sovereigns, says Standard & Poor’s in a new report.
- S&P downgrades ratings of Pakistan & MalaysiaPakistan’s downgrade reflects pressure on fundamentals, while that of Malaysia’s due to political uncertainty after elections, says agency.
- Pakistan's politics may jeopardise positive credit fundamentals: S&PHow Pakistan’s political transition unfolds over the next few months will give a strong indication on whether the country’s ratings will re...
- Moody's, S&P downgrade Pak outlookMoody's believes that the imposition of emergency rule will further erode Pakistan’s governing capacity and highlights the country’s height...
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