Mr. Chidambaram's comments add support to the view among some investors and analysts that the central bank will also cut banks' cash reserve ratio to help banks tide over the liquidity crunch.
With regard to industry, companies must do whatever they can to smooth security, in the view of GIP members, and some pointed comments were made regarding what members believe Microsoft should be doing to make its software less prone to attack by viruses and worms such as the recent "ILOVEYOU" threat.
Ms Hyslop made her comments during an interview to discuss the view of former Irish prime minister John Bruton who believes Scotland "probably could" achieve EU membership within 18 months of a yes to independence.