Newsmakers: FM weighs relaxing fiscal deficit target and more - Photos-1
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Newsmakers: FM weighs relaxing fiscal deficit target and more

FM weighs relaxing fiscal deficit target, Barclays to shut Indian equities biz and more
FM weighs relaxing fiscal deficit target in Budget: The government might break its budget deficit targets to stimulate demand, potentially undermining the central bank's fight against inflation. Statistically, Asia's third-largest economy is outpacing China with above 7 per cent annual growth. But Prime Minister Narendra Modi's economic advisers are complaining of a sharp slowdown that threatens their budget calculations.

PHOTO: Reuters
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