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Moody's Investors Service upgraded its ratings on India's sovereign bonds for the first time in nearly 14 years on Friday Colton Parayko Jersey , saying continued progress on economic and institutional reform will boost the country's growth potential.

The agency said it was lifting India's rating to Baa2 from Baa3 and changed its rating outlook to stable from positive as risks to India's credit profile were broadly balanced.

Moody's upgrade, its first since January 2004, moves India's rating to the second lowest level of investment grade. Standard & Poor's has kept India at the lowest investment grade just above junk status for a decade and Fitch Ratings for one year longer.

The decision by Moody's is a shot in the arm for Prime Minister Narendra Modi's government and the reforms it has pushed through, and comes just weeks after the World Bank moved India up 30 places in its annual ease of doing business rankings.

All Indian markets including stocks, bonds and rupee rallied on the ratings upgrade.

"It seems like Santa Claus has already opened his bag of goodies," said Lakshmi Iyer, head of fixed income at Kotak Mutual Fund said.

"The move is overall positive for bonds which were caught in a negative spiral. This is a structural positive which would lead to easing in yields across tenors," she said.

The measuring gauges which are used for determining the hardness of the materials are known as durometers. One such type of durometer is known as <"http:www.te2.auDurometersShore-A39catmenu.aspx">Shore A durometer. These are great devices which provide accurate results of hardness. Through the use of these gauges the stability of the materials can be known. They are widely used all over and have too much of applications. Many manufacturing companies use them before launching their materials in the markets. They also vary according to the type of materials.

Test Equip is a leading company which provides these types of durometers available in different forms to measure the hardness of the materials. The company manufactures these durometers with innovative designs which are highly preferred by many customers. These durometers are best known for their acute results of determining the hardness. Some of its best durometers are-

>> Bareiss Shore A Durometer- This is a mechanical manual hardness tester and antiglare scales . The graduation of the scale is 0-100 Shore whcih is divided in 100 units. It is a light weight and portable instrument for hardness testing.

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>> TE-275-A- It is highly applicable in the low-medium hardness plastic, all kinds of rubber, multi dimensional fat, leather, wax etc. It is provided with dual needle which stops holding the peak value after testing the top value. The scale is easy to read with high accuracy. The design and measure both are handhold and can also be installed with match test stand.

>> TE-DSD-A-This is a digital durometer, ideal for measuring the penetration of hardness of soft rubber, elastomers and other non-metallic materials.It is also ideal for A and D shore hardness standards and measurement results can be printed wirelessly.

>> Te-271-A-This is the digital Shore A durometer which is used the penetration hardness of soft rubber and elastomers. It is very advantageous as it comes with integrated probe and is specifically designed to determine the hardness of various rubber like substances. It has a fast measuring time and uses microprocessor to offer high accuracy measurement. It also avoids any sort of guessing errors and provides ultra accurate reading. This device can also communicate with PC for live recording and printing.

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Much of the appeal of the Kentucky Derby and, of course, its growing attraction for international tourism, is that it is a classic. This race has been celebrated each year since 1875, when the Churchill Downs was built. There are many who wait all year just to see the best horses in the country run, betting at least $ 100, and allowing their attention to run alongside the most exciting minutes of this sport.

For the experts, four of the favorites on their list are Lookin at Lucky, Sidney?s Candy, Ice Box and Endorsement, who could surprise in the Derby since Eskendereya is out of the race due to an injury in one of his front legs.

On the one hand, Sidney?s Candy is without doubt one of the favorites to win this edition of the Kentucky Derby. His tremendous campaign in California led him to the Triple Crown with the label of favorite and silenced many of those who thought he was only good on synthetic track. His thr.