grandmaster
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India Retains Borrowing Goal as It Tackles Widest BRIC Deficit - Businessweek
When growth is slowing, it will be very challenging to meet the deficit target and the government will have to resort to extra bond sales later, said Ashutosh Datar, an economist at IIFL Ltd., a Mumbai-based brokerage. Bond yields may come under pressure if debt supply rises, he said.
Standard & Poors and Fitch Ratings reduced the outlook on Indias credit rating to negative from stable earlier this year, bringing the nation a step closer to junk status on weakness such as fiscal and trade imbalances
When growth is slowing, it will be very challenging to meet the deficit target and the government will have to resort to extra bond sales later, said Ashutosh Datar, an economist at IIFL Ltd., a Mumbai-based brokerage. Bond yields may come under pressure if debt supply rises, he said.
Standard & Poors and Fitch Ratings reduced the outlook on Indias credit rating to negative from stable earlier this year, bringing the nation a step closer to junk status on weakness such as fiscal and trade imbalances
