- Soha Ali Khan, Kunal Khemu tie the knotMallika Sherawat to enter Bigg Boss Halla BolPatrick Stewart praises Jennifer LawrenceAamir Khan\'s \'PK\' to release in ChinaWatch PM Modi receiving the Obamas in DelhiAyushmann to act in Punjabi film?PICS: Soha Ali Khan\'s mehendi ceremonyMovie Review: Dolly Ki DoliTrisha Krishnan, Varun Manian engagedInside Soha Ali Khan\'s bachelorette bash
Leander Paes and Martina Hingis won their mixed doubles opener while Rohan Bopanna and Bar
More reforms on way; no serious threat of downgrade: P Chidambaram Last Updated : 11 Oct 2012 04:23:10 PM IST File Photo
Promising more reforms initiatives in the next two years, finance minister P Chidambaram said that there was no serious threat of downgrade of the country's credit rating by Standard and Poor's.
"I don't think there is a serious threat of downgrade", he said when asked about his reaction to the recent threat of downgrade of India's credit rating to junk grade in 24 months by global agency S&P if more reforms measures were not implemented.
The minister, who was addressing a press conference on the sidelines of the IMF-World Bank annual meetings, said that there would be lot of action on the reforms front in the next 24 months, the timeline provided by the S&P.
The rating agency had in its report on Wedneday said that there was one-in-three likelihood of rating downgrade for India if "the country's economic growth prospects dim, its external position deteriorates, its potential climate worsens, or fiscal reforms slow".
The minister said, "(we will) convince them that India does not deserve a downgrade and in terms of growth and growth potential...India is way above most countries of the world".
Post Your Comment (0 posted):
Actress Soha Ali Khan today tied the knot with longtime partner Kunal Khemu in an intimate
- Mallika Sherawat to enter Bigg Boss Halla Bol
- Patrick Stewart praises Jennifer Lawrence
- Aamir Khan's 'PK' to release in China
- 'Superstars should do content-based cinema'
- Ayushmann to act in Punjabi film?
- New Censor board for films, books on Sikhs
- PICS: Soha Ali Khan's mehendi ceremony
- Movie Review: Dolly Ki Doli
Dog is man's best friend, and we have wolves to thank for it!
Chinese handset maker Xiaomi will be launching its latest 4G device Mi4 in India on Jan 28