This Article is From Jun 11, 2012

Full text of S&P report 'Will India be the first BRIC fallen angel?'

In a report, credit rating agency Standard and Poor's has 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.

Here's the full text of the report:

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