"India's very fast growth rate is an extremely important factor in the ratings and supports our economic assessment. It's also giving us more confidence that, despite the elevated fiscal deficits, in comparison to peers, the debt level of the government is going to stabilise relative to GDP and probably moderately fall over time," said Andrew Wood, director, sovereign & international public finance ratings, Asia-Pacific, S&P Global Ratings. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
