Tag Archives: why S&P downgraded India?

Back to Basics: Why S&P downgraded India?

To be precise, double-talk, greed, corruption and an unmanageable economy have landed India on par with a country like Tunisia, which had undergone political upheaval recently and landed itself in Negative sovereign rating. Double talk by the government, assuring the likes of G-7 or G-20 that its subsidies are being offset by a hike in oil price but indeed hiking ...

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