Quick Edit | Warning bell

Quick Edit | Warning bell

The problem is formidable: even without the S&P revision, internationally, the country is in the grip of what is called an “India fatigue", a catch-all phrase for the poor investment prospects resulting from its policy crisis.

The danger now is that India may be headed towards a vicious cycle of downgrades and dwindling investment inflows in an already investment-parched landscape, leading to slower growth and further downgrades.

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