TRACK ME
Yessssssssss
Possibility of India's downgrade less than in April 2012: S&P
Yessssssssssssssssss
The possibility of India losing its investment-grade credit rating has receded somewhat as a result of the economic reforms undertaken by the government since last September, an analyst with rating agency Standard & Poor's told Reuters on Thursday
"It is still at least a one-in-a-three chance that we could downgrade. But the likelihood of it is less than when we first indicated the negative outlook last year," Tan Kim Eng said in a telephone interview from Singapore.
His comments reflect a softening of the stand by the rating agency just a few weeks after it reiterated a warning about cutting India's rating to junk, citing a wide fiscal deficit and a heavy debt burden. India has a BBB- rating from S&P, the lowest investment grade among the BRIC group of large emerging economies and one notch above the 'junk' status.
The investment ideas of Warren Buffett is most basic and simple to implement. The beauty of his investment ideas is that they are so easy and logical that at times people overlook the same ideas even though it must have crossed their mind. These investment ideas of Warren Buffett has not only help the maestro to make billions but also stands as a guiding principles for every other investor of this world.
Warren Buffett’s investment ideas asks us to buy stocks of only those companies whose “fundamentals” are very strong and its stock is available at “undervalued price”. When we say strong fundamentals we mean a healthy financial report, unique product line which is run by exceptional managers.
Think Big TO EARN BIGGG
Track me
|
No comments:
Post a Comment