India's rating unlikely to be downgraded: FinMin

The finance ministry said on Thursday that India's credit-worthiness is unlikely to be downgraded because of the country's high fiscal deficit.

"I don't expect any downgrade in rating . . . If the demands are not met then there would be problem," a senior finance ministry official told PTI on the sidelines of a CII seminar.

Keep reading.. http://business.rediff.com/report/2009/jul/16/indias-rating-unlikely-to-be-downgraded-finmin.htm



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