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View Full Version : India's Budget Deficit Widens to 7-Year High, Ratings at Risk - Bloomberg



NewsWhore
05-29-2009, 10:20 AM
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India&#39;s Budget Deficit Widens to 7-Year High, Ratings at Risk (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DaOAhsgrd2f1I%26refer%3Dindia&cid=1251081842&ei=mPEfSrn0L86jkAWhhZi4CA&usg=AFQjCNFF7_AX-3njhePfp2Yc-OFosGVAOA)
Bloomberg
Moody&#39;s yesterday said the inability of the government “to meaningfully adjust fiscal policies and push ahead with reforms could pressurize the foreign currency credit rating.” Central bank Governor Duvvuri Subbarao early this month expressed concern ...


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