Top headlines: S&P sees debt downgrade for India, GDP calculation, and more

S&P ratings sees debt downgrade for India if economic slide continues

India may have its debt downgraded in the event of a major economic slowdown, S&P Global Ratings said. The rating company said it expects the economy to gradually recover over the next few years with correspondingly higher growth. Read more

Govt exploring new method for calculating GDP with changing weights

The government is exploring a new methodology of calculating the gross domestic product (GDP) which will keep updating weights assigned to various products and activities in the economy. The new methodology, called the chain base method, however does not change the