Downgrade Warning
S&P affirms negative outlook on India, says chances of downgrade remain
Ratings agency Standard & Poor's affirmed India's sovereign rating at "BBB-minus" with a "negative" outlook, reiterating there was a one-in-three chance of a ratings downgrade over the next 12 months, a statement said on Friday. Full Article
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1 of 3. Finance Minister P. Chidambaram speaks during an interview with Reuters at a hotel during his visit for the G20 meeting in Mexico City November 4, 2012.
Credit: Reuters/Edgard Garrido
Our weekly round-up of the best of Reuters' India coverage:
-- India investigates Wal-Mart over stake in local unit. Read <reut.rs/Qhxvwd>
-- Exclusive: Officials concede deficit target looks doubtful. Read <reut.rs/QjLLVd>
-- October inflation surprises; slowest in 8 months. Read <reut.rs/XHeQfe>
-- 2G auction well short of govt goal. Read <reut.rs/QdiOKA>
-- Subbarao: a hawk flying solo against inflation. Read <reut.rs/UmdIH5>
-- India IT outsourcing growth seen at lower end of forecast. Read <reut.rs/Xx5Qco>
-- India's Oct exports fall 1.6 pct, imports jump 7.37 pct. Read <reut.rs/Q7mg9I>
-- India's ambitious plan to cut red tape gets tangled in ... red tape. Read <reut.rs/UiqQgu>
-- BREAKINGVIEWS - Diageo's India splash won't get Kingfisher flying. Read <reut.rs/UAlSBY>
-- Suu Kyi asks India to stand by democracy in Myanmar Read <reut.rs/TPrsfg>
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