Markets eye improved transparency in Budget
Business | January 17, 2020 11:37 ISTIndian financial market will look for improved transparency in the Union Budget announcements next month, according to a report by Singapore banking group DBS. “Any reduction in the fiscal deficit could result in a negative credit impulse in the near-term, but will need to be balanced with a credible consolidation plan further-out,” according to the the bank’s research report “India Budget Preview: Loosening the purse” released on Thursday.