Standard & Poor's said on Thursday India's budget for the 2013-14 fiscal year would have no impact on the country's sovereign credit ratings, warning there was potential for the government to exceed its budgeted spending.
S&P last year cut its outlook on India's "BBB-minus" sovereign ratings to "negative," threatening to push the country into sub-investment
S&P sees GDP inching UP to 6.4% next fiscal
India's Pulsar goes to Colombia; Europe next
HDFC Bank to raise $500 mn from overseas markets
Stake dilution has no impact on NTPC rating: S&P
S&P sees GDP inching UP to 6.4% next fiscal