India's credit rating to get downgraded, reform on hold: Adrian Mowat
Adrian Mowat, MD & Chief Asian & EM Equity Strategist, at JP Morgan, speaks to NDTV about India’s growth struggle, downgrade warnings, inflation issues and emerging markets. He says that India's credit rating is likely to get downgraded; but markets will not react to the downgrade. "Stagflation issue not discounted by markets," he adds.
