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Q.

Ratings agency Standard & Poor's today cautioned that it could lower the sovereign ratings of countries like India, Japan and Malaysia, which are still to come out of the economic meltdown of 2008.-Why we are very complacent ?

Tags: india, money, japan
Asked by venkatesaldevarajan, 08 Aug '11 05:15 pm
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Answers (4)

 
1.

Why S & P is making so much of noise and posturing so much when Moody's Investor Service, and Fitch Ratings are keeping their credit ratings unchanged? Is it because S & P is headed by an Indian born? Or because S & P wants some sensationalism? I thought complacency comes after some notable achievement and I wonder what that achievement was.
Answered by Chandra sekhar Krishnan, 08 Aug '11 05:26 pm

 
  
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2.

We are a devloping country..and if we see the history of last few decade india has grown a lot..in 2008 market sinked...bt has comparablely less effect then other countries...we survived with dignity...keep the internal politics,price hike either side...when its comparision of growth i think india has good track record...
Answered by p aparajita, 08 Aug '11 05:22 pm

 
  
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3.

Yes
the BA seems genuine
Answered by anil garg, 08 Aug '11 11:17 pm

 
  
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4.

When have we NOT BEEN complacent
Answered by rajan, 08 Aug '11 05:26 pm

 
  
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