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Downgrading of US’s credit rating has a Jharkhand connection: Deven Sharma, president, S&P
Downgrading of US’s credit rating has a Jharkhand connection: Deven Sharma, president, S&P
Mumbai: countries all over the world are still recovering from the big shock – when the credit rating firm Standard & Poor’s removed the aura of its top-notch triple-A credit rating from the US last Friday, the core professional behind the decision was Deven Sharma, a man originally from Ranchi, Jharkhand. This disturbing decision received much criticism from U.S. Treasury officials who complained there was no justification for it and claimed a $2 trillion error in S&P’s...