budget

Budget assumptions realistic; see FY13 CAD at 5%: Moody's

The assumptions made by Finance Minister P Chidambaram in his Union Budget 2013 speech look optimistic and realistic, Atsi Sheth of Moody's Investors Service tells CNBC-TV18. "It is not just revenue growth, but assumptions about subsidy cost are optimistic as well."

first published: Mar 5, 2013 01:53 pm