S.&P. Gives Negative Outlook for India

http://www.nytimes.com/2012/04/26/business/global/standard-poors-gives-negative-outlook-for-india.html?_r=1&hp&gwh=F60F1B706389AB9091E13F0CA1894406

Standard & Poor’s lowered its outlook for India on Wednesday, citing the country’s struggle to rein in its relatively high debt and fiscal deficit amid a political impasse that is unlikely to ease before the next national elections in 2014.