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Moody’s retains India’s stable outlook; says deficit and inflation a problem

Last Updated: Tuesday, November 27, 2012, 09:31

Ratings agency Moody's Tuesday said India's credit outlook is stable but cautioned that high fiscal deficit and persistent inflationary pressure would continue to pose challenge for the economy.

Implement reforms to avoid risk of rating downgrade: Nomura

Last Updated: Thursday, November 8, 2012, 23:06

Brokerage firm Nomura Thursday said the country still stands a chance to get downgraded if the government does not implement the recent reform measures and compliment them with more reforms.