Fitch raises India's Rating to Investment Grade
Tuesday, August 01, 2006Trusted international rating agency, Fitch upgraded India's rating minutes ago to Investment grade. Citing improvement in public finances and terrific growth in the Indian economy in Q1-2006 are direct results of Indian governments policies.
India's rating now stands at BBB- with a stable outlook. This should bring back the foreign institutional investors back to dalal street :-)
0 Comments:
Dalal Street Business Reports
- 15 years of economic reforms
- Avoid Reliance Petroleum.
- Indian Pharma a Dark Horse ?
- India Real Estate Mutual Funds
- Indian Markets are Expensive - Mark Mobius
- Investing in Indian Commercial Property
- Conference Call with Tushar Pradhan, Fund Manager,...
- Update - 2: Meet with Jay Prakash Sinha, Research ...
- Update - 1: Meet with Jay Prakash Sinha, Research ...
- SIP - The Art of Investing in volatile(falling/ris...
