S&P's specific concern is that: "US policymakers might not reach an agreement on how to address medium- and long-term fiscal challenges."
If inflation begins to climb again as the primary and secondary effects of fuel price increase, yields and interest rates could move up again.
Heads must roll, the culprits punished and greater transparency brought into the functioning of all institutions.
Ireland contributes roughly a quarter of percent of global GDP and 2 per cent of eurozone. The exposure of global financial institutions to both Irish sovereign and bank debt is somewhat small and the Irish government seems to be all set to be bailed out by Europe's stability fund and the IMF. Market estimates put the bailout package at roughly 100 billion, a sum that is by no means hefty by the standards of rescue packages offered over the last couple of years.
The unending travails of Prasar Bharati Corporation, now made worse by allegations of corruption in high places and a threatened strike by its employees, point once again to the need for new thinking on public broadcasting.
The Board of Control for Cricket in India (BCCI) is likely to issue a fresh tender for a Kochi team, as the current franchisee has written to the board expressing its intention to withdraw from the Indian Premier League (IPL).
Thirteen years and several hurdles later, the plan has finally got a new "estimated time of departure".
insurance firms need to look at solutions like co-payment to help reduce their rising losses.
India needs more public investment, to sustain upwards of 9 per cent national income growth and also to fuel private sector dynamism.
The government must be complimented for finally showing some determination in biting the bullet on petroleum prices. It must now stand its ground and ride the wave of political protests that are bound to be staged by an Opposition waiting to return to relevance.
It will be helpful advice for a chief minister-in-waiting who is going to have to deal with empty coffers and overflowing expectations
The refusal to auction 2G spectrum ensures that the debate over Trai's recommendations will centre on whether one group was favoured over the other in the past and whether one wrong justifies another.
In a sense, C K Prahalad was behind the curve; he provided coherent articulation of existing best practices rather than providing future prescriptions.
If CAG indicts Raja, will action be taken? asks Business Standard.
There is nothing wrong in business persons and professionals entering public life and becoming ministers. But once they do so, they should keep at an arms length their private interests, both of their own and their near and dear ones.
Serious money has finally found its way into Indian sport.
Apart from the possibility that top-class foreign universities will not want to set up campuses if they're going to come in as 'deemed universities', there is the issue of a level playing field for Indian institutions. Here are two voices, one for and the other against the Bill. Read on. . .
Economic reform entails reducing the space for arbitrary decision-making and ensuring transparency in policy.
There's far too much to be said against Nuclear Liability Bill
Given the tight control on expenditure the finance minister has exercised and how niggardly the increases have been on flagship programmes - Bharat Nirman has risen from Rs 32,473 crore (Rs 324.73 billion) to Rs 35,953 crore (Rs 359.53 billion) and employment guarantee from Rs 39,100 crore (Rs 391 billion) to Rs 40,100 crore (Rs 401 billion) - it's natural to wonder whether the deficit reduction targets are for real.
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