India's credit rating to get downgraded, reform on hold: Adrian Mowat
By Prashant R Nair, Devina Menon | Published On: June 25, 2012 09:50 (IST) | Duration: 10 min, 56 sec
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.