Is Standard and Poor Fair in its analyisis ??
Such news as are sensational affect currency, stock and money markets badly, Hence International Rating Agencies like Fitch Moody's and S&P must excercise extreme caution while passing such remarks.
CAUSE
" S&P Says India May Be First in BRIC to Lose Investment Grade " says Bloomberg HERE
" Standard & Poor's warn s India of a downgrade to junk category " Says The Times of India HERE
" Top 10 S&P reasons why India may lose investment-grade rating " says NDTV HERE
" S&P warns India risking investment downgrade " says Norther Voices News HERE
" Standard & Poor's threat sullies Cong's global image " says
The Times of India HERE
" India may become first BRIC nation to lose its investment grade, warns Standard & Poor’s " HERE
" Lack of political will holding India back: Deepak Parekh " says moneycontol.com HERE
Corrective steps
