Singh Fails to Convince S&P as Default Risk Surges

Singh Fails to Convince S&P as Default Risk Surges Play

Sept. 6 (Bloomberg) -- India’s default risk is rising the most among emerging markets as Prime Minister Manmohan Singh’s government bucks a regional trend of budget tightening, raising the prospect of a junk debt rating as the rupee plunges. Diana Monteiro reports on Bloomberg Television's "On The Move Asia." (Source: Bloomberg)

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