Tag: Standard & Poor’s Rating

IIP report disappointing, taking measures to kickstart economy: Pranab Mukherjee

Measure by the Index of Industrial Production (IIP), the government published report on Tuesday, data showed that India’s Industrial production growth rate increase just at margin of 0.1 per cent in April, enlighten the national rapidly decreased economic.

Last April, the Industrial output was 5.3 per cent that is much hike than this current record. The manufacturing sector, covering 75% of the index, grew barely 0.1 per cent, according to the official data. Read more

International Monetary Fund flags India’s governance concerns

International Monetary Fund 300x192 International Monetary Fund flags India’s governance concernsAfter Standard & Poor’s, it’s the International Monetary Fund (IMF) which has disgraced governance issues to slow downing the business moderation project in economic growth affected investment, along with cyclical factors such as global uncertainty and policy tightening. Read more

Standard & Poor’s Rating slashes India’s outlook

Standard Poors Rating 300x202 Standard & Poors Rating slashes India’s outlookIn yet Indian Govt. Political climate waving in ups and downs windfalls and recent downgrading the Indian’s sovereign outlook via Standard and Poor’s (S&P) rating agency has totally blasted govt. economic system having policy paralysis.

As per S& P agency warning, unimproved fiscal system with lack of several disciplines, diminishing growth prospects and a worse political reforms climate are the prime reasons for the outlook revision to negative from stable. Read more

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