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Are ratings sensitive to market movements?![[Details]](/icons/bullet.gif){kind=icon} Credit-rating agencies are facing a tough time after the recent Rs 1,200-crore CRB Capital Markets scandal. The scandal led to a spate of downgrading by the country's three rating agencies and the downgrading still continues.
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Issues of accountability The Assocham has duly called for a second wave of reform to reverse the deceleration in industrial growth and to revive business confidence. Its thrust is on such areas as fiscal deficit, governmental finance, social sector, infrastructural development, foreign trade and industrial policies.
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Power on commercial terms The government's concern over the shortfall in investment in the power sector is easily reflected in the various decisions taken recently. But there are aspects of the strategy that seem quixotic, particularly the one about an apex organisation for trading in power.
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Power on commercial terms
Are ratings sensitive to market movements?
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The Group
