Rating agencies adopt a cautious approach
The changed political and economic scenario has forced rating agencies in the country to adopt a cautious approach for corporate debt instruments. Though only a handful of companies have seen their debt programmes being upgraded in the recent past, most of the corporate debt issues are either being reaffirmed or are facing downgrades.

Tarapore cautions against interest-rate reduction
Former Reserve Bank of India deputy governor SS Tarapore is a concerned man. And his concerns range from a reduction in interest rate at this point in time to operational issues like the reintroduction of the 182-day T-bill, sector-specific refinance, and cheque-writing facility for money market mutual funds (MMMFs).

Economy will remain insulated from political flux -- Rakesh Mohan
The continuing political crisis will not have much impact on the economy, said Rakesh Mohan, director general of the National Council of Applied Economic Research (NCAER).

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