Profit

Jaitley Should Stick to Fiscal Deficit Roadmap in Budget: StanChart

PUBLISHED ON: February 4, 2015 | Duration: 22 min, 44 sec

  
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Samiran Chakraborty, chief economist of Standard Chartered, said the finance minister should stick to the 3.6 per cent fiscal deficit target for 2015-16. At this juncture you don’t want rating agencies to change their outlook on India, there has been huge fixed income inflows into the country and you don't RBI's monetary easing process to stop, he added.
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