Hopes for a ratings upgrade fizzle as budget talks draw little enthusiasm from agencies
India’s finance minister Palaniappan Chidambaram had hoped for a ratings upgrade following the budget announcements on Thursday, but despite his renewed promise to reduce the fiscal deficit, the response has been less than enthusiastic.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts