Weak monsoon unlikely to dent rural demand, Crisil says; Diamond, specialty chemicals, polyester textiles face war risks

Mint has reported a new India-focused economy development: “Weak monsoon unlikely to dent rural demand, Crisil says; Diamond, specialty chemicals, polyester textiles face war risks.” The publisher's feed describes the story as follows: Crisil indicates that a potential 0.50 percentage point rate hike by the RBI will have minimal impact on India Inc. Despite El-Nino rains and geopolitical tensions, corporate credit quality remains stable, with improved credit ratios and a strong outlook for bank
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