Wednesday, April 25, 2012

S&P says revises India outlook to negative from stable

S&P says revises India outlook to negative from stable; one in three chances of India downgrade
. S&P says rating downgrade likely if India's economic growth prospects dim, external position deteriorates, fiscal reforms slow

Following are reactions to the rating change of India by Standard & Poor's on Wednesday.

1 U.S. dollar = 52.496194 Indian rupees

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