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View Full Version : India Will Step Up Spending This Year, Mukherjee Says - Bloomberg



NewsWhore
05-27-2009, 04:12 AM
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India Will Step Up Spending This Year, Mukherjee Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DaNGpb0bmc3Rc%26refer%3Dindia&cid=1248776068&ei=TfgcSoi3K6XmNfPi1aUG&usg=AFQjCNEZHwUv6vebWOKyMBpY0rWKEJWXLA)
Bloomberg
The government&#39;s financial strain prompted Moody&#39;s Investors Service to place India&#39;s long-term local currency rating at Ba2, two levels below investment grade, and lower than the ratings assigned to Colombia, Romania and Kazakhstan. ...


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