Standard & Poor's downgrades India's sovereign rating by one notch to BB
Standard & Poor's on Thursday lowered India's long-term foreign- currency sovereign credit-rating to BB from BB-plus and its long-term local- currency sovereign credit-rating to BBB from BBB-plus. At the same time, S&P assigned its A-3 short-term local-currency rating to the country. The outlook on the long-term rating was changed to stable from negative.

Anoushka shuttles between music and `other life'
The morning her debut CD was hitting the stores this past Tuesday, Anoushka Shankar actually went to school. No launch party, no back-to-back interviews, no hoopla for this 17-year old daughter of sitar maestro Ravi Shankar.

Netanyahu withdraws threat to quit
Israeli Prime Minister Benjamin Netanyahu on Wednesday dropped a threat to break up the West Asia summit and said the talks would be continued in search of an agreement.

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  World Briefing
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