NewsWhore
05-11-2009, 10:50 PM
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India's Opposition Would Cut Spending to Rein In Budget Deficit (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DalM5NZL6pJCI%26refer%3Dindia&cid=1350320124&ei=B-YISofhKdHokAX3xbCGBw&usg=AFQjCNGx8A0aXhCltEDiWO1kzHdfsmXddg)
Bloomberg
“This kind of deficit will increase the risk of a sovereign rating downgrade and can trigger capital outflows, putting some pressure on the currency,” said Sonal Varma, India economist at Nomura Securities Co. in Mumbai. “It will be prudent on part of ...
More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DalM5NZL6pJCI%26refer%3Dindia&cid=1350320124&ei=B-YISofhKdHokAX3xbCGBw&usg=AFQjCNGx8A0aXhCltEDiWO1kzHdfsmXddg)
India's Opposition Would Cut Spending to Rein In Budget Deficit (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DalM5NZL6pJCI%26refer%3Dindia&cid=1350320124&ei=B-YISofhKdHokAX3xbCGBw&usg=AFQjCNGx8A0aXhCltEDiWO1kzHdfsmXddg)
Bloomberg
“This kind of deficit will increase the risk of a sovereign rating downgrade and can trigger capital outflows, putting some pressure on the currency,” said Sonal Varma, India economist at Nomura Securities Co. in Mumbai. “It will be prudent on part of ...
More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DalM5NZL6pJCI%26refer%3Dindia&cid=1350320124&ei=B-YISofhKdHokAX3xbCGBw&usg=AFQjCNGx8A0aXhCltEDiWO1kzHdfsmXddg)