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PM has no political base, limited influence on cabinet: S&P

PUBLISHED ON: June 11, 2012 | Duration: 2 min, 57 sec

  
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Credit rating agency Standard and Poor's on Monday warned that India may become the first among the BRIC-Brazil, Russia, India and China-countries to lose its investment grade rating, citing slowing GDP growth and political roadblocks to economic policymaking as some of the factors that could lead to such an action.
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