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India to see a downward trend in its debt burden: Moody's Investors Service

Moody's has a 'Baa3' sovereign credit rating on India, with a stable outlook. Baa3 is the lowest investment grade rating ....

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Detailed text transcripts for TV channel - FOXNEWS - 20100513:23:34:00

Could be seen as less secure, especially if the interest that we pay on that debt rises dramatically. that problem could hit you in the wallet. gerri willis of the fox business network joins us live. gerri, lay people tell us, make us understand what is going on here. this is fascinating, juliet. moody investor service said this debt is climbing faster than you think and that gold star rating we have for our debt the credit rating, the a.a.a. credit rating could go away sooner than you think as early as 2013. why? they say there is a tipping point. in the which interest on debt exceeds 18% of our revenue. they say that s a bad thing it could happen as soon as 2018 unless interest rates rise, then it happens sooner 2013. lots of concern about that interest rates rising in this scenario. how do we pay for this, juliet? taxes have to go up. juliet: understandably concern on wreelt wall wall strt because of that there is concern outside as well on main street. ....

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