Global rating agency, Standard and Poor's (S&P), in its recent report said that India could be the first BRIC nation to falter and fall below investment grade in the ratings. In a chat with NDTV Profit's Prashant Nair, Dr. Surjit Bhalla, Chairman, Oxus Investments and Jay Shankar, Independent Economist & Political Strategist discuss what could be the impact of this warning.
