India fastest growing in Internet usage
By ranjanp at 2 August, 2008, 2:32 pm
comScore, a widely regarded market research company for the digital world, has recently reported it’s first study of Internet usage in India. According to comScore, more than 28 million people in India, age 15 and older, accessed the Internet from home and work in May.
This is a 27-percent increase versus year ago, making India one [...]
Rating Agency Fitch Lowers India to BBB-, Almost Junk Bond Rating
By arunr at 16 July, 2008, 8:46 pm
New Delhi — The sovereign debt of India is almost at junk bond levels. Fitch Ratings downgraded India’s local-currency debt outlook to negative from stable, while maintaining a BBB- grade, the lowest investment grade, one step above speculative — or junk — status. The move came close on the [...]
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