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UBS downgrades India to 'neutral', upgrades China on reforms

Last Updated: Monday, November 18, 2013, 10:26

UBS downgrades India to "neutral" from "overweight" and upgrades China to "overweight", saying Plenum reforms will likely cause China to outperform Asia ex-Japan for the next few months.

Rupee recovers 56 paise to 67.07 Vs dollar as RBI steps in

Last Updated: Wednesday, September 04, 2013, 09:13

The rupee wiped out initial losses and made a smart recovery Wednesday, rising 56 paise to 67.07 against the dollar after the central bank was said to have stepped in to lift the local currency from near record lows.

S&P threatens India with rating downgrade, wants more govt action

Last Updated: Wednesday, October 10, 2012, 14:40

There is a "one in three" chance of a downgrade of India's sovereign rating to junk status in the next two years, global credit ratings agency Standard & Poor's said on Wednesday.

Moody's growth forecast cause of concern, but fundamentals strong: PM

Last Updated: Saturday, August 11, 2012, 12:57

Prime Minister Manmohan Singh on Saturday said the downgrade of India's growth forecast by Moody's was a cause of concern but expressed hope that India would better last year's 6.5 percent economic growth.